Saturday 17 October 2026 Export CMLSQ’s income statement to Excel — free account

Cumulus Media, Inc.

CMLSQ Communication Services Broadcasting

Cumulus Media, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $741.7 million, down 10.3% from fiscal 2024. In the quarter to June 2026, revenue fell 9.74%, EPS grew 29.7%, free cash flow grew 142.2% and total debt fell 99.8%, each against the same quarter a year earlier.

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Market cap: $2.4M
P/E: 0.0×
Fwd P/E: 0.0×
Dividend yield: —
F-score: 4/9
Altman Z: −0.34
Beneish M: −3.61
Dividend safety: n/a

Overview Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 21.95%

Capital & Financial Ratios $m

Market Cap 2.42

Revenue 700.68

Net Income (181.59)

Free Cash Flow (42.85)

Net Debt (59.08)

Current Ratio 3.65

Debt/Equity (0.01)

P/E ratio 0.00

Fwd P/E (0.03)

P/S ratio 0.00

P/B ratio 0.00

Past 5Y EPS Growth —

This Y EPS Growth (92.57%)

Next Y EPS Growth 42.42%

Next Y revenue growth 0.01%

Next 5Y EPS Growth 48.98%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 4.98%

10-year low 10-year high

EV/Sales against its own 10 years 59.88%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	81	64	82	61
Receivables	182	165	141	121
Inventory	—	—	—	—
Other	—	—	—	—
	287	248	243	210

	2023	2024	2025	Q'26
Payables	116	107	107	55
ST’ Debt	—	—	24	2
Other	—	—	—	—
	144	134	158	57

Compound Annual Growth %

	10y	5y	3y
Sales	(4.45%)	(1.90%)	(8.03%)
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	0.00%	0.00%	0.00%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	164	168	—	—	—
’25	187	186	180	188	742
’24	200	205	204	219	827
’23	206	210	207	221	845
’22	232	237	233	251	954
’21	202	225	238	252	916
’20	228	146	196	246	816

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(20)	7	—	—	—
’25	(4)	(4)	(1)	(13)	(21)
’24	(16)	(8)	4	17	(3)
’23	24	12	(7)	3	32
’22	24	6	24	24	78
’21	26	(5)	13	35	69
’20	24	28	9	(28)	33

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(23)	4	—	—	—
’25	(9)	(9)	(5)	(19)	(42)
’24	(24)	(12)	1	13	(23)
’23	24	5	(4)	(1)	25
’22	20	1	17	11	49
’21	23	(14)	29	28	66
’20	21	104	5	(33)	97

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.96)	(0.52)	—	—	—
’25	(1.88)	(0.74)	(1.17)	(7.75)	(11.55)
’24	(0.85)	(1.64)	(0.61)	(13.60)	(16.79)
’23	(1.17)	(0.06)	0.16	(5.94)	(6.83)
’22	(0.04)	0.42	0.45	0.00	0.81
’21	(1.07)	(0.29)	1.32	0.84	0.83
’20	(0.36)	(1.79)	(0.78)	(0.01)	(2.94)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	9.70	10.99	3.00	8.07	6.07	2.57	0.63	0.05	Analyst estimates 2026–2028 Powerpack
	High	—	—	20.99	20.00	17.73	14.84	15.67	7.30	5.35	1.00
People
People	Employees	5,479	5,213	5,135	4,732	3,787	3,488	3,330	3,367	3,106	2,862
	Revenue/emp, $m	0.21	0.22	0.22	0.24	0.22	0.26	0.29	0.25	0.27	0.26
Income, $m
Income, $m	Revenue	1,141	1,136	1,140	1,113	816	916	954	845	827	742
	Gross margin, %	62.14	63.97	64.68	63.57	58.70	60.86	62.51	60.76	60.80	63.42
	EBT	(537)	(370)	568	84	(79)	20	20	(101)	(293)	(202)
	EBT margin, %	(47.04)	(32.61)	49.84	7.50	(9.67)	2.21	2.06	(11.92)	(35.43)	(27.30)
	Net income	(511)	(207)	758	61	(60)	17	16	(118)	(283)	(201)
	Depreciation	702	408	56	93	60	56	74	126	281	159
Per share, $
Per share, $	Revenue	39.00	38.75	56.94	55.31	40.17	44.74	48.75	48.91	49.01	42.67
	Earnings	(17.45)	(7.05)	40.48	3.04	(2.94)	0.84	0.83	(6.83)	(16.79)	(11.55)
	Cash flow	1.22	2.95	3.07	5.18	1.63	3.35	4.01	1.83	(0.18)	(1.23)
	Capex	(0.79)	(1.09)	(1.48)	(1.46)	3.14	(0.13)	(1.49)	(0.41)	(1.15)	(1.16)
	Free cash flow	0.43	1.87	1.59	3.72	4.78	3.22	2.52	1.43	(1.34)	(2.39)
	Book value	(16.80)	(23.75)	19.46	22.61	19.57	20.48	20.88	16.60	0.41	(11.02)
	Shares, m	29	29	20	20	20	20	20	17	17	17
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.28	5.78	0.00	13.39	7.86	0.00	0.00	0.00
	P/S	0.32	0.32	0.19	0.32	0.22	0.25	0.14	0.10	0.01	0.00
	P/B	1.10	1.10	0.55	0.78	0.45	0.55	0.32	0.30	1.63	0.00
	EV/Sales	1.41	1.41	1.25	1.23	1.35	1.20	1.02	1.08	1.02	1.10
	EV/FCF	28.35	28.35	44.92	18.26	11.35	16.68	19.82	36.96	(37.38)	(19.59)
Cash, $m
Cash, $m	Operating cash flow	36	87	62	104	33	69	78	32	(3)	(21)
	Capex	(23)	(32)	(30)	(29)	64	(3)	(29)	(7)	(19)	(20)
	Free cash flow	13	55	32	75	97	66	49	25	(23)	(42)
Balance, $m
Balance, $m	Working capital	339	357	278	241	374	267	200	143	114	85
	Total debt	2,384	2,332	1,243	1,029	1,196	1,054	963	878	869	895
	Net debt	2,245	2,220	1,213	1,012	924	877	856	798	805	813
	Shareholders’ equity	(492)	(696)	390	455	398	419	408	287	7	(192)
Returns, %
Returns, %	ROA	(18.86)	(9.30)	39.85	3.46	(3.30)	0.97	0.98	(7.73)	(22.14)	(19.49)
	ROIC	(14.57)	(8.63)	6.09	7.08	(0.50)	3.33	3.94	(2.38)	(18.45)	(13.89)
	ROE	214.72	34.78	(494.69)	14.50	(14.01)	4.23	3.92	(33.92)	(193.00)	217.48

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CURI CuriosityStream Inc.	$160.8M	261×	27.8×	+22.26% (above 0%: growing)	+1,002.94% (above 0%: growing)	−249.16% (below 0%: shrinking)	72.84%	39.49%	Compare
SGA Saga Communications, Inc.	$51.9M	— (loss-making)	— (loss-making)	−6.47% (below 0%: shrinking)	−16.67% (below 0%: shrinking)	−97.81% (below 0%: shrinking)	11.23%	2.36%	Compare
UONEK Radio One, Inc.	$35.3M	— (loss-making)	4.8×	−6.41% (below 0%: shrinking)	n/m	−291.01% (below 0%: shrinking)	65.28%	(13.11%)	Compare
BBGI Beasley Broadcast Group, Inc.	$18.1M	— (loss-making)	— (loss-making)	−16.74% (below 0%: shrinking)	n/m	−606.38% (below 0%: shrinking)	12.05%	3.02%	Compare
UONE Radio One, Inc.	$17.5M	— (loss-making)	—	−6.41% (below 0%: shrinking)	n/m	−291.01% (below 0%: shrinking)	65.28%	(13.11%)	Compare
LPTVQ Loop Media, Inc.	$6.4M	— (loss-making)	— (loss-making)	−70.46% (below 0%: shrinking)	n/m	+63.42% (above 0%: growing)	21.10%	(176.46%)	Compare
XHLD TEN Holdings, Inc.	$6.0M	— (loss-making)	—	−34.50% (below 0%: shrinking)	n/m	−51.95% (below 0%: shrinking)	85.77%	(409.44%)	Compare
FLZH Flash Sports & Media Holdings, Inc.	$5.5M	— (loss-making)	— (loss-making)	−99.53% (below 0%: shrinking)	n/m	−738.46% (below 0%: shrinking)	100.00%	(14,636.34%)	Compare
CMLSQ Cumulus Media, Inc.	$2.4M	— (loss-making)	— (loss-making)	−9.74% (below 0%: shrinking)	n/m	+142.21% (above 0%: growing)	66.87%	1.39%
Median of peers	$17.8M	—	—	−11.60%	—	−270.08%	65.28%	(13.11%)

All 17 Broadcasting stocks →

Cumulus Media, Inc. (CMLSQ) key facts

Concern: Cumulus Media, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $741.7 million, down 10.3% from fiscal 2024.
Concern: Cumulus Media, Inc. reported a net loss of $200.7 million, or a loss of $11.55 per share, for fiscal 2025.
Cumulus Media, Inc. (CMLSQ) is a Broadcasting company in the Communication Services sector.
As of October 16, 2026, CMLSQ traded at $0.01, a market capitalization of $2.4 million.
Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.0× sales.
Return on equity was 217.5% and debt-to-equity -0.01.
Its Piotroski F-score is 4 out of 9 and its Altman Z-score is −0.34 (distress zone) for fiscal 2025.