Cumulus Media Reports Q2 2025 Financial Results

Cumulus Media ( (CMLS) ) has released its Q2 earnings. Here is a breakdown of the information Cumulus Media presented to its investors.

Cumulus Media is a leading audio-first media company that delivers premium content through a vast network of radio stations and digital platforms, engaging millions of listeners across the United States. The company operates in the media and entertainment sector, offering a diverse range of programming and advertising solutions.

In its latest earnings report for the second quarter of 2025, Cumulus Media highlighted its ability to outperform peers in the challenging advertising landscape, particularly in digital marketing services, which saw a significant growth. The company also announced cost reduction measures and expressed confidence in its long-term strategic positioning.

Key financial metrics for the quarter included a total net revenue of $186.0 million, marking a 9.2% decline year-over-year. Despite this, the digital marketing services segment grew by 38%, now accounting for half of the total digital revenue. The company recorded a net loss of $12.8 million, an improvement from the $27.7 million loss in the same quarter last year, and achieved an Adjusted EBITDA of $22.4 million.

Cumulus Media’s strategic focus on digital growth and cost optimization is evident, with $5 million in annualized cost reductions executed during the quarter. The company ended the quarter with $96.7 million in cash, following a $55.0 million draw on its revolving credit facility, and reported total debt of $723.7 million.

Looking ahead, Cumulus Media remains cautious about the near-term market conditions but is optimistic about leveraging its assets for long-term success. The management’s disciplined approach and strategic investments are expected to sustain the company’s competitive edge in the evolving media landscape.