Security
CMLS · CUMULUS MEDIA INC
CMLSOTCCommon stockHistorical · closed Mar 5, 2026CIK 1058623Updated Sep 26, 2026
Current security for this SEC filerCMLSQ · OTC
CMLS price & chart
Historical security
This listing closed Mar 5, 2026. Live provider charts are shown only for current listings.
Current security: CMLSQ
About the company
Cumulus Media is an audio-first media company delivering premium content to a quarter billion people every month - wherever and whenever they want it. Cumulus Media engages listeners with high-quality local programming through 393 owned-and-operated radio stations across 84 markets; delivers nationally-syndicated sports, news, talk, and entertainment programming from iconic brands including the NFL, the NCAA, the Masters, US Soccer, AP News, and the Academy of Country Music Awards, across more than 7,800 affiliated stations through Westwood One, a leading national audio network; and inspires listeners through the Cumulus Podcast Network, an established and influential platform for original podcasts that are smart, entertaining, and thought-provoking. Cumulus Media provides advertisers with personal connections, local impact, and national reach through broadcast and on-demand digital, mobile, social, and voice-activated platforms, as well as integrated digital marketing services, powerful influencers, full-service audio solutions, industry-leading research and insights, and live event experiences.
In the news
Recent filings
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
10-K/A filing
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Show 5 more recent filings
Bankruptcy or Receivership · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure · Other Events
Items 1.03, 5.02, 7.01, 8.01, 9.01
10-K filing
Results of Operations and Financial Condition
Items 2.02, 9.01
NT 10-K filing
Entry into a Material Definitive Agreement · Bankruptcy or Receivership · Triggering Events That Accelerate or Increase a Direct Financial Obligation · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure · Other Events
Items 1.01, 1.03, 2.04, 5.02, 7.01, 8.01, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 940,960,000Source | 1,118,649,000Source | 1,440,301,000Source | 1,609,031,000Source |
| Property, Plant and Equipment, NetUSD | 120,765,000Source | 161,271,000Source | 180,596,000Source | 190,107,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 467,690,000Source | 595,122,000Source | 837,629,000Source | 923,295,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 81,979,000Source | 63,836,000Source | 80,660,000Source | 107,433,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 134,136,000Source | 161,986,000Source | 180,706,000Source | 210,254,000Source |
| Assets, CurrentUSD | 242,847,000Source | 248,051,000Source | 286,897,000Source | 345,271,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 19,481,000Source | 19,375,000Source | 24,036,000Source | 25,540,000Source |
| Operating Lease, Right-of-Use AssetUSD | 102,387,000Source | 102,183,000Source | 118,646,000Source | 135,236,000Source |
| Other Assets, NoncurrentUSD | 7,271,000Source | 12,022,000Source | 16,533,000Source | 9,150,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,132,481,000Source | 1,111,698,000Source | 1,153,719,000Source | 1,200,626,000Source |
| Stockholders’ equity: | ||||
| Retained Earnings (Accumulated Deficit)USD | -505,359,000Source | -304,657,000Source | -21,403,000Source | 96,476,000Source |
| Stockholders' Equity Attributable to ParentUSD | -191,521,000Source | 6,951,000Source | 286,582,000Source | 408,405,000Source |
| Additional Paid in Capital, Common StockUSD | 360,945,000Source | 358,441,000Source | 353,732,000Source | 348,462,000Source |
| Liabilities and EquityUSD | 940,960,000Source | 1,118,649,000Source | 1,440,301,000Source | 1,609,031,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 157,939,000Source | 133,778,000Source | 143,739,000Source | 145,608,000Source |
| Operating Lease, Liability, CurrentUSD | 27,456,000Source | 26,323,000Source | 27,515,000Source | 27,970,000Source |
| Accounts Payable, CurrentUSD | 14,582,000Source | 10,575,000Source | 13,739,000Source | 8,151,000Source |
| Operating Lease, Liability, NoncurrentUSD | 96,104,000Source | 99,343,000Source | 113,141,000Source | 119,925,000Source |
| Deferred Income Tax Liabilities, NetUSD | 0Source | 2,325,000Source | 12,325,000Source | 653,000Source |
| Other Liabilities, NoncurrentUSD | 7,436,000Source | 7,520,000Source | 6,200,000Source | 6,991,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 0Source | 2,325,000Source | 12,325,000Source | — |
| Long-term Debt, Current MaturitiesUSD | 23,870,000Source | — | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 694,808,000Source | 669,041,000Source | 672,424,000Source | 714,456,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 2,504,000Source | 4,709,000Source | 5,270,000Source | 6,229,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -27,696,000Source | -21,725,000Source | -26,384,000Source | 16,731,000Source |
| Deferred Income Tax Expense (Benefit)USD | -2,325,000Source | -10,000,000Source | 17,644,000Source | 1,037,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -21,336,000Source | -3,119,000Source | 31,661,000Source | 78,480,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -7,859,000Source | -4,231,000Source | -6,821,000Source | -26,236,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 20,237,000Source | 19,464,000Source | 24,814,000Source | 31,062,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 274,000Source | 1,086,000Source | 1,426,000Source | 1,700,000Source |
| Payments for Repurchase of Common StockUSD | — | 0Source | 7,788,000Source | 31,856,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 47,338,000Source | -9,474,000Source | -51,613,000Source | -121,839,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 18,143,000Source | -16,824,000Source | -26,773,000Source | -69,595,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 81,979,000Source | 63,836,000Source | 80,660,000Source | 107,433,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 66,743,000Source | 68,279,000Source | 63,365,000Source | 47,127,000Source |
| Income Taxes Paid, NetUSD | -418,000Source | -1,962,000Source | 484,000Source | 7,363,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 2,504,000Source | 4,709,000Source | 5,270,000Source | 6,229,000Source |
| Amortization of Debt Issuance CostsUSD | 1,018,000Source | 1,248,000Source | — | — |
| Amortization of Debt Issuance Costs and DiscountsUSD | — | — | 2,039,000Source | 2,565,000Source |
| Amortization of Intangible AssetsUSD | 16,317,000Source | 16,317,000Source | 18,988,000Source | 22,726,000Source |
| DepreciationUSD | 36,900,000Source | 41,600,000Source | 38,100,000Source | 33,100,000Source |
| Gain (Loss) on Disposition of BusinessUSD | 0Source | 14,846,000Source | — | — |
| Gain (Loss) on Disposition of Other AssetsUSD | 2,616,000Source | -1,368,000Source | 16,064,000Source | 1,537,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 2,616,000Source | -1,368,000Source | 16,064,000Source | 1,537,000Source |
| Gain (Loss) on Termination of LeaseUSD | 1,200,000Source | — | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | 170,000Source | 9,849,000Source | 4,496,000Source |
| General and Administrative ExpenseUSD | 67,464,000Source | 80,687,000Source | 70,011,000Source | 62,427,000Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 109,829,000Source | 224,481,000Source | 65,312,000Source | 15,544,000Source |
| Impairment of Intangible Assets, Finite-livedUSD | 109,829,000Source | 224,481,000Source | 65,312,000Source | 15,544,000Source |
| Income Tax Expense (Benefit)USD | -1,776,000Source | -9,765,000Source | 17,183,000Source | 3,370,000Source |
| InterestExpenseNonoperatingUSD | 65,228,000Source | 68,775,000Source | — | — |
| Investment Income, InterestUSD | 995,000Source | 531,000Source | 2,359,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -200,702,000Source | -283,254,000Source | -117,879,000Source | 16,235,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -200,702,000Source | -283,254,000Source | -117,879,000Source | 16,235,000Source |
| Nonoperating Income (Expense)USD | -64,341,000Source | -53,355,000Source | -59,418,000Source | -60,184,000Source |
| Operating Costs and ExpensesUSD | 271,341,000Source | 324,245,000Source | 331,359,000Source | 357,478,000Source |
| Operating ExpensesUSD | 879,832,000Source | 1,066,740,000Source | 885,826,000Source | 873,717,000Source |
| Operating Lease, Impairment LossUSD | 0Source | 2,844,000Source | 11,404,000Source | — |
| Operating Lease, Lease IncomeUSD | 600,000Source | 500,000Source | 300,000Source | 200,000Source |
| Other Nonoperating Income (Expense)USD | -108,000Source | 14,719,000Source | -357,000Source | 210,000Source |
| Payments of Financing CostsUSD | 0Source | 275,000Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 741,695,000Source | 827,076,000Source | 844,548,000Source | 953,506,000Source |
| Selling, General and Administrative ExpenseUSD | 378,058,000Source | 376,836,000Source | 377,032,000Source | 383,375,000Source |
| Operating Income (Loss)USD | -138,137,000Source | -239,664,000Source | -41,278,000Source | 79,789,000Source |
| Other Nonoperating Income (Expense)USD | -108,000Source | 14,719,000Source | -357,000Source | 210,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -202,478,000Source | -293,019,000Source | -100,696,000Source | 19,605,000Source |
| Income Tax Expense (Benefit)USD | -1,776,000Source | -9,765,000Source | 17,183,000Source | 3,370,000Source |
| Net Income (Loss) Attributable to ParentUSD | -200,702,000Source | -283,254,000Source | -117,879,000Source | 16,235,000Source |
| Earnings Per Share, BasicUSD per share | -11.55Source | -16.79Source | -6.83Source | 0.83Source |
| Earnings Per Share, DilutedUSD per share | -11.55Source | -16.79Source | -6.83Source | 0.81Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 17,382,088Source | 16,874,263Source | 17,269,001Source | 19,560,257Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 17,382,088Source | 16,874,263Source | 17,269,001Source | 20,023,291Source |
| Interest Expense (non-operating)USD | 65,228,000Source | 68,775,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 16,317,000Source | 16,317,000Source | 18,988,000Source | 22,726,000Source |
| Current Income Tax Expense (Benefit)USD | 549,000Source | 235,000Source | -461,000Source | 2,333,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 54,336,000Source | 59,123,000Source | 58,176,000Source | 56,386,000Source |
| General and Administrative ExpenseUSD | 67,464,000Source | 80,687,000Source | 70,011,000Source | 62,427,000Source |
| Interest ExpenseUSD | — | — | 71,269,000Source | 64,890,000Source |
| Investment Income, InterestUSD | 995,000Source | 531,000Source | 2,359,000Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -200,702,000Source | -283,254,000Source | -117,879,000Source | 16,235,000Source |
| Nonoperating Income (Expense)USD | -64,341,000Source | -53,355,000Source | -59,418,000Source | -60,184,000Source |
| Operating Costs and ExpensesUSD | 271,341,000Source | 324,245,000Source | 331,359,000Source | 357,478,000Source |
| Operating ExpensesUSD | 879,832,000Source | 1,066,740,000Source | 885,826,000Source | 873,717,000Source |
| Operating Lease, Lease IncomeUSD | 600,000Source | 500,000Source | 300,000Source | 200,000Source |
| Other Cost and Expense, OperatingUSD | — | — | — | 44,000Source |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | -200,702,000Source | -283,254,000Source | -117,879,000Source | 16,235,000Source |
Filing attachments
tm2611967d1_ex99-1.htm · 8-K · 2026-04-17
EX-99.1 5 tm2611967d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Cumulus Media Secures Court Approval of Reorganization Plan Company to Eliminate Approximately $600 Million of Debt Under the Plan and Enhance Financial Flexibility as It Advances Toward FCC Approval ATLANTA, GA, April 15, 2026 - Cumulus Media Inc. (OTC: CMLS. Q) (the “Company,” “Cumulus”, “Cumulus Media,” “we,” “us,” or “our”) announced today that the United States Bankruptcy Court for the Southern District of Texas (the “Court”)…
Read attachment ↗tm267873d1_ex99-1.htm · 8-K · 2026-03-05
EX-99.1 3 tm267873d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Solicitation Version IN THE UNITED STATES BANKRUPTCY COURT FOR THE Southern District of TexaS HOUSTON DIVISION In Chapter re:) 11 CUMULUS Case MEDIA INC., et al.,1) No. 26-[_] (_) Debtors.) (Joint Administration Requested) ──────────────────────────────────────────────────────── ) ) ) ) DISCLOSURE…
Read attachment ↗tm267873d1_ex99-2.htm · 8-K · 2026-03-05
EX-99.2 4 tm267873d1_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 Cumulus Media Announces Agreement to Eliminate Substantially All Remaining Debt and Significantly Strengthen Financial Position Debt Reduction to be Executed Through a Streamlined Prepackaged Chapter 11 Process ATLANTA, GA, March 5, 2026 - Cumulus Media Inc. (OTCQB: CMLS) (the "Company," “Cumulus”, "Cumulus Media," "we," "us," or "our") today announced that it has entered into a comprehensive restructuring support agreement (the “R…
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