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E.W. Scripps (SSP) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 27, 2026

E.W. Scripps (SSP) reported revenue of $560M for the fourth quarter 2025 (Q4 2025), -23% from a year earlier and +7% from the quarter before. Operating margin was 7.5%, net loss $28.5M (5.1% of revenue).

Revenue$560M
Year over year-23%
Quarter over quarter+7%
Operating margin7.5%
Net earnings−$28.5M

E.W. Scripps, Q4 2025: revenue $560M (-23% year over year), operating margin 7.5%, net loss $28.5M, operating cash flow $45.1M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$560M+7%-23%
Operating profit$42.3M+12%—
Net earnings−$28.5M——
Operating cash flow$45.1M+107%-71%
Free cash flow$31.2M+389%-79%

What changed

Revenue was $560.3M in Q4 2025, down 23% year over year and up 7% from the previous quarter. Core advertising was the largest line at 63% of revenue.

Operating profit was $42.3M, a 7.5% margin (down 18.8 points year over year). Total costs fell 4% while revenue fell 23%. The fastest-growing cost line was Other operating costs (+16%). The quarter ended with a net loss of $28.5M, narrower than the previous quarter's $33.0M loss. Net interest and other expense of $83.0M was the main reason.

Operating cash flow was $45.1M (down 71% year over year). Non-cash charges added back $38.0M of depreciation and amortization. Working capital and other items added $35.7M. Capital expenditures of $13.9M left free cash flow of $31.2M.

Questions

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

E.W.

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

Operating profit was $42.3M (7.5% of revenue) and net loss $28.5M.

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