CMLS · As filed with the SEC

Cumulus Media income statement, by quarter

The statement as Cumulus Media 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.

Condensed Consolidated Statements of Operations · USD thousands, except per-share amounts

USD thousands, except per-share amounts	Q2 2026 3 months ended Jun 30, 2026	Q1 2026 3 months ended Mar 31, 2026	Q4 2025^† 3 months ended Dec 31, 2025	Q3 2025 3 months ended Sep 30, 2025	Q2 2025^† 3 months ended Jun 30, 2025	Q1 2025 3 months ended Mar 31, 2025	Q4 2024^† 3 months ended Dec 31, 2024	Q3 2024^† 3 months ended Sep 30, 2024
Net revenue	167,907	164,447	188,074^†	180,255	186,017	187,349	218,576^†	203,598
Operating expenses:
Content costs	55,625	65,892	72,333^†	60,251	59,426	79,331	89,189^†	76,368
Selling, general and administrative expenses	85,856	84,405	97,655^†	93,797	93,227	93,379	93,827^†	93,890
Depreciation and amortization	12,305	12,277	12,820^†	12,726	14,116	14,796	14,853^†	14,721
Corporate expenses	11,876	28,671	18,041^†	20,656	14,150	14,617	21,204^†	11,934
(Gain) loss on sale or disposal of assets or stations	(82)	(376)	128^†	(2,866)	122^†	—	1,308^†	6
Impairment of assets held for sale	0	—	0^†	0	1,420	—	0^†	0^†
Total operating expenses	165,580	190,869	310,806^†	184,564	182,339	202,123	444,862^†	196,919
Operating income (loss)	2,327	(26,422)	(122,732)^†	(4,309)	3,678	(14,774)	(226,286)^†	6,679
Non-operating expense:
Reorganization items, net	(7,580)	22,012	—	—	0^†	—	—	—
Interest expense (excludes contractual interest of $14,098 and $18,324 for the second quarter and first half of 2026, respectively)	(3,044)	(12,044)	(16,287)^†	(16,612)	(16,307)	(16,022)	(16,746)^†	(17,043)
Interest income	0	184	330^†	377	202	86	5^†	34
Gain on early extinguishment of debt	—	—	0^†	0	0	—	0^†	0
Other expense, net	(32)	(52)	(46)^†	(30)	(22)	(10)	(55)^†	(32)
Total non-operating expense, net	(10,656)	10,100	(16,003)^†	(16,265)	(16,127)	(15,946)	(16,796)^†	(17,041)
Loss before income taxes	(8,329)	(16,322)	(138,735)^†	(20,574)	(12,449)	(30,720)	(243,082)^†	(10,362)
Income tax expense	(881)	(540)	3,628^†	167	(372)	(1,647)	12,002^†	41
Net loss	(9,210)	(16,862)	(135,107)^†	(20,407)	(12,821)	(32,367)	(231,080)^†	(10,321)
Basic and diluted loss per common share (see "Note 8, Loss Per Share"):
Basic: Loss per share (in dollars per share)	(0.52)	(0.96)	—	(1.17)	(0.74)	(1.88)	—	(0.61)
Diluted: Loss per share (in dollars per share)	(0.52)	(0.96)	—	(1.17)	(0.74)	(1.88)	—	(0.61)
Weighted average basic common shares outstanding (in shares)	17,668,032	17,639,457	—	17,440,084	17,440,084	17,204,877	—	16,936,749
Weighted average diluted common shares outstanding (in shares)	17,668,032	17,639,457	—	17,440,084	17,440,084	17,204,877	—	16,936,749

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.