Cumulus Media Inc. Reports 2025 Operating Results and Financial Condition

Cumulus Media Inc. announced its operating results for the three months and year ended December 31, 2025. The company reported a net revenue of $188.1 million for the three months ended December 31, 2025, a decrease of 14.0% compared to the same period in 2024. The net loss for the quarter was $135.1 million, with Adjusted EBITDA at $9.5 million. For the full year 2025, net revenue was $741.7 million, down 10.3% from 2024, and the net loss was $200.7 million, with Adjusted EBITDA at $52.0 million. These results were announced shortly after the company and its subsidiaries filed for Chapter 11 bankruptcy proceedings on March 5, 2026, a step aimed at reducing the company's debt burden. The company reported cash and cash equivalents of $81.9 million as of December 31, 2025. Financial statements and exhibits, including a press release dated April 10, 2026, were filed as part of the report.