---
schema_version: "secwatch.filing_event.v1"
accession: "0001058623-25-000051"
form_type: "8-K"
ticker: "CMLS"
cik: "0001058623"
company_name: "CUMULUS MEDIA INC"
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T17:01:06.909896+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cumulus Media Q2 net revenue $186M, down 9.2% YoY; net loss narrows to $12.8M from $27.7M

## Summary
- Digital marketing services revenue grew 38% YoY, now ~50% of total digital revenue of $38.8M.
- Broadcast spot revenue fell 10.5% to $91.2M; network revenue down 20.5% to $27.3M.
- Adjusted EBITDA of $22.4M vs $25.2M in Q2 2024; executed $5M in annualized cost cuts.
- Ended Q2 with $96.7M cash, $55M drawn on revolver; total debt $723.7M.
- Basic loss per share $(0.74) compared to $(1.64) in prior-year quarter.

## SEC filing metadata
- accession: 0001058623-25-000051
- form_type: 8-K
- ticker: CMLS
- cik: 0001058623
- company_name: CUMULUS MEDIA INC
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058623/000105862325000051/0001058623-25-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058623/000105862325000051/cmls-20250807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001058623-25-000051
- JSON: https://secwatch.observer/filing/0001058623-25-000051.json
- Plain text: https://secwatch.observer/filing/0001058623-25-000051.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.