secwatch.observer — SEC 8-K summary
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Issuer:     CUMULUS MEDIA INC (CMLS)
CIK:        0001058623
Form:       8-K
Filed at:   2026-04-10T23:59:59+00:00
Accession:  0001058623-26-000017
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058623/000105862326000017/0001058623-26-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058623/000105862326000017/cmls-20260410.htm
  HTML page:      https://secwatch.observer/filing/0001058623-26-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer