CCO · As filed with the SEC
Clear Channel Outdoor Holdings income statement, by fiscal year
The statement as Clear Channel Outdoor Holdings presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF INCOME (LOSS) · USD thousands, except per-share amounts; shares in thousands
| USD thousands, except per-share amounts; shares in thousands | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,604,140 | 1,505,230 | 2,127,140 | 2,481,134 | 2,241,118 | 1,854,608 | 2,683,810 | 2,721,705 |
| Operating expenses: | ||||||||
| Direct operating expenses | 748,023 | 680,578 | 1,092,686 | 1,327,979 | 1,270,258 | 1,201,208 | 1,452,177 | 1,470,668 |
| Selling, general and administrative expenses | 262,383 | 252,907 | 371,643 | 467,960 | 459,397 | 442,310 | 520,928 | 522,918 |
| Corporate expenses | 110,925 | 126,904 | 172,324 | 157,915 | 156,181 | 137,297 | 144,341 | 152,090 |
| Depreciation and amortization | 174,952 | 173,998 | 241,828 | 253,809 | 253,155 | 269,421 | 309,324 | 318,952 |
| Impairment charges | — | 0 | 0 | 39,546 | 118,950 | 150,400 | 5,300 | 7,772 |
| Other operating income, net | (2,749) | (8,340) | 11,769 | 2,386 | (627) | 53,614 | 1,162 | 2,498 |
| Operating income | 310,606 | 279,183 | 236,890 | 231,539 | (16,196) | (292,414) | 252,902 | 251,803 |
| Interest expense, net | — | — | (421,434) | (362,680) | (350,457) | 360,259 | 418,184 | 388,133 |
| Interest income on Due from iHeartCommunications | — | — | — | — | — | — | — | 393 |
| Loss on Due from iHeartCommunications | — | — | — | — | — | — | — | 0 |
| Equity in earnings (loss) of nonconsolidated affiliates | — | — | — | — | — | — | — | 904 |
| Interest income (expense) on Due from/to iHeartCommunications, net | — | — | — | — | — | — | (1,334) | — |
| Interest expense, net | (395,649) | (401,541) | — | — | — | — | — | — |
| Gain (loss) on extinguishment of debt, net | (14,956) | (2,393) | 3,817 | 0 | (102,757) | (5,389) | (101,745) | — |
| Loss on Due from iHeartCommunications | — | — | — | — | 0 | 0 | (5,778) | — |
| Other income (expense), net | 1,199 | (8,378) | 6,403 | (35,079) | 1,762 | (170) | (15,384) | (35,297) |
| Loss from continuing operations before income taxes | (98,800) | (133,129) | (174,324) | (166,220) | (467,648) | (658,232) | (289,523) | (170,330) |
| Income tax benefit (expense) attributable to continuing operations | (4,947) | 9,365 | 17,217 | 71,832 | 34,528 | 58,006 | (72,254) | (32,515) |
| Loss from continuing operations | (103,747) | (123,764) | (157,107) | — | — | — | — | — |
| Income (loss) from discontinued operations | 128,486 | (52,114) | (151,709) | — | — | — | — | — |
| Consolidated net income (loss) | 24,739 | (175,878) | (308,816) | (94,388) | (433,120) | (600,226) | (361,777) | (202,845) |
| Less: Net income attributable to noncontrolling interests | 4,800 | 3,376 | 2,106 | 2,216 | 695 | (17,487) | 1,527 | 15,395 |
| Net income (loss) attributable to the Company | 19,939 | (179,254) | (310,922) | (96,604) | (433,815) | (582,739) | (363,304) | (218,240) |
| Foreign currency translation adjustments | — | — | — | — | — | — | (4,802) | (15,334) |
| Other adjustments to comprehensive income (loss) | — | — | — | — | — | — | (2,948) | (1,498) |
| Reclassification adjustments | — | — | — | — | — | — | 1,290 | 2,962 |
| Other comprehensive income (loss) | — | — | — | — | — | — | (6,460) | (13,870) |
| Comprehensive loss | — | — | — | — | — | — | (369,764) | (232,110) |
| Less amount attributable to noncontrolling interest | — | — | — | — | — | — | (1,397) | (8,040) |
| Comprehensive loss attributable to the Company | — | — | — | — | — | — | (368,367) | (224,070) |
| Net loss attributable to the Company per share of common stock - basic and diluted (in dollars per share) | — | — | — | — | — | (1.25) | — | — |
| Net income (loss) attributable to the Company per share of common stock — Basic and Diluted: | ||||||||
| Net loss from continuing operations attributable to the Company per share of common stock - basic (in dollars per share) | (0.22) | (0.26) | (0.33) | — | — | — | — | — |
| Net loss from continuing operations attributable to the Company per share of common stock - diluted (in dollars per share) | (0.22) | (0.26) | (0.33) | — | — | — | — | — |
| Net income (loss) from discontinued operations attributable to the Company per share of common stock - basic (in dollars per share) | 0.26 | (0.11) | (0.32) | — | — | — | — | — |
| Net income (loss) from discontinued operations attributable to the Company per share of common stock - diluted (in dollars per share) | 0.26 | (0.11) | (0.32) | — | — | — | — | — |
| Net income (loss) attributable to the Company per share of common stock - Basic (in dollars per share) | 0.04 | (0.37) | (0.65) | (0.20) | (0.93) | — | (0.88) | (0.60) |
| Weighted average common shares outstanding - Basic (in shares) | — | — | — | — | — | — | 413,087 | 361,740 |
| Net income (loss) attributable to the Company per share of common stock - Diluted (in dollars per share) | 0.04 | (0.37) | (0.65) | (0.20) | (0.93) | — | (0.88) | (0.60) |
| Weighted average common shares outstanding - Diluted (in shares) | — | — | — | — | — | — | 413,087 | 361,740 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.