Latest revenue
$164.4M
as of 2026-03-31
Latest net income
$-16.9M
as of 2026-03-31
Net margin
-10.3%
as of 2026-03-31
Price · 5Y
Market data
Price feed temporarily unavailable for CMLS.
5-year trend
What this company does
Item 1.Business Company Overview Cumulus Media is an audio-first media company delivering premium content to a quarter billion people every month — wherever and whenever they want it. Cumulus Media engages listeners with high-quality local programming through 393 owned-and-operated radio stations across 84 markets; delivers nationally-syndicated sports, news, talk, and entertainment programming from iconic brands including the NFL, the NCAA, the Masters, US Soccer, AP News, and the Academy of Country Music Awards, across more than 7,800 affiliated stations through Westwood One, a leading national audio network; and inspires listeners through the Cumulus Podcast Network, an established and…
AI summary unavailable — showing raw filing excerpt
Generated from CMLS's filing dated 2026-04-10
Key risks
Item 1A.Risk Factors You should carefully consider the risks described below and all of the information contained in this Report. The risks and uncertainties described below are not the only risks and uncertainties that the Company faces. Additional risks and uncertainties not presently known to the Company or that the Company currently deems immaterial may also impair the Company’s business operations. If any of those risks occur, the Company’s business, financial condition and results of operations could suffer. The risks discussed below also include forward-looking statements, and the Company’s actual results may differ substantially from those discussed in these forward-looking…
AI summary unavailable — showing raw filing excerpt
Generated from CMLS's filing dated 2026-04-10
Profitability
Operating margin
-18.6%
35.7%Net margin
-27.1%
21.0%Return on equity
104.8%
102.6%Return on assets
-21.3%
15.8%Leverage
Debt / equity
-5.91×
103.7%Long-term debt / equity
-3.63×
103.8%Debt / assets
120.4%
21.1%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $164.4M | -12.2% | $-16.9M | +47.9% | -10.3% |
Q4 2025 2025-12-31 | $188.1M | -14.0% | $-135.1M | +41.5% | -71.8% |
Q3 2025 2025-09-30 | $180.3M | -11.5% | $-20.4M | -97.7% | -11.3% |
Q2 2025 2025-06-30 | $186.0M | -9.2% | $-12.8M | +53.7% | -6.9% |
Q1 2025 2025-03-31 | $187.3M | -6.4% | $-32.4M | -128.7% | -17.3% |
Q4 2024 2024-12-31 | $218.6M | — | $-231.1M | — | -105.7% |
Q3 2024 2024-09-30 | $203.6M | -1.8% | $-10.3M | -479.2% | -5.1% |
Q2 2024 2024-06-30 | $204.8M | -2.5% | $-27.7M | -2493.5% | -13.5% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Radio Broadcasting Stations · SIC 4832
Your notes
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Insider activity
No insider transactions on file for CMLS in the last 12 months.
Source: SEC Form 4 filings. Backfill runs nightly.
Who owns CMLS
Institutional value
$64.6K
Total shares held
49.3K
Distinct holders
1
-6 vs prior
As of
2025-09-30
Prior: 2025-06-30
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BARCLAYS PLC | 49.3K | $64.6K | -93.2K (-65.4%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once CMLS's latest filing finishes processing.