Cumulus Media Q4 net loss $135M; revenue down 14%; full-year adjusted EBITDA $52M

CUMULUS MEDIA INC

2026-Q1 EPS reported -$0.96 revenue$164,447,000

Q4 net revenue $188.1M, down 14% YoY; net loss $135.1M vs $231.1M loss last year.
Full-year revenue $741.7M, down 10.3%; net loss $200.7M; Adjusted EBITDA $52M (-37.1%).
Diluted loss per share $(7.75) for Q4 and $(11.55) for full year 2025.
CEO cites recently announced financial restructuring to reduce debt burden.
Adjusted EBITDA fell 62.2% in Q4 to $9.5M from $25M a year ago.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

CUMULUS MEDIA INC reported the year ended December 31, 2025 results: revenue $741,695, net income $(200,702), EPS $(11.55) per diluted share.

Period: the year ended December 31, 2025
Revenue: $741,695
Net income: $(200,702)
EPS: $(11.55) per diluted share
Result: reported results

Exact text from the filing

per share $ (7.75) $ (13.60) 43.0 % Diluted loss per share $ (7.75) $ (13.60) 43.0 % As Reported Year Ended December 31, 2025 Year Ended December 31, 2024 % Change Net revenue $ 741,695 $ 827,076 (10.3) % Net loss $ (200,702) $ (283,254) 29.1 % Adjusted EBITDA (1) $ 52,006 $ 82,708 (37.1) % Basic loss per share $ (11.55) $ (16.79) 31.2 % Diluted loss per share $

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

CUMULUS MEDIA INC reported the three months ended December 31, 2025 results: revenue $188,074, net income $(135,107), EPS $(7.75) per diluted share.

Period: the three months ended December 31, 2025
Revenue: $188,074
Net income: $(135,107)
EPS: $(7.75) per diluted share
Result: reported results

Exact text from the filing

net loss of $200.7 million and Adjusted EBITDA of $52.0 million. As Reported Three Months Ended December 31, 2025 Three Months Ended December 31, 2024 % Change Net revenue $ 188,074 $ 218,576 (14.0) % Net loss $ (135,107) $ (231,080) 41.5 % Adjusted EBITDA (1) $ 9,476 $ 25,039 (62.2) % Basic loss per share $ (7.75) $ (13.60) 43.0 % Diluted loss per share $

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Source: SEC EDGAR

accession 0001058623-26-000017

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