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E.W. Scripps (SSP) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 8, 2025

E.W. Scripps (SSP) reported revenue of $540M for the second quarter 2025 (Q2 2025), -6% from a year earlier and +3% from the quarter before. Operating margin was 14.2%, net loss $36.0M (6.7% of revenue).

Revenue$540M
Year over year-6%
Quarter over quarter+3%
Operating margin14.2%
Net earnings−$36.0M

E.W. Scripps, Q2 2025: revenue $540M (-6% year over year), operating margin 14.2%, net loss $36.0M, operating cash flow −$10.5M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$540M+3%-6%
Operating profit$76.6M+179%—
Net earnings−$36.0M——
Operating cash flow−$10.5M——

What changed

Revenue was $540.1M in Q2 2025, down 6% year over year and up 3% from the previous quarter. Core advertising was the largest line at 62% of revenue. Political lost $26.4M year over year (down 89%), 79% of the total change.

Operating profit was $76.6M, a 14.2% margin (up 4.5 points year over year). Total costs fell 11% while revenue fell 6%. The quarter ended with a net loss of $36.0M, wider than the previous quarter's $3.5M loss. Net interest and other expense of $101.7M was the main reason.

Operating cash flow was −$10.5M. Non-cash charges added back $37.2M of depreciation and amortization and $5.9M of share-based compensation. Working capital and other items used $17.7M. Capital expenditures of $12.2M exceeded it, leaving free cash flow of −$22.7M.

Questions

What was E.W. Scripps' revenue in the second quarter 2025?

E.W.

Was E.W. Scripps profitable in the second quarter 2025?

Operating profit was $76.6M (14.2% of revenue) and net loss $36.0M.

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Source: E.W. Scripps 10-Q on SEC EDGAR.