Cumulus Media annual operating margin
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Cumulus Media Operating Margin Growth & History (CMLSQ)
Cumulus Media's operating margin was −18.62% for fiscal 2025.
View full Cumulus Media company overviewCumulus Media annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −18.62% | +10.35 pp |
| 2024 | 2024-12-31 | −28.98% | −24.09 pp |
| 2023 | 2023-12-31 | −4.89% | −13.26 pp |
| 2022 | 2022-12-31 | 8.37% | +0.83 pp |
| 2021 | 2021-12-31 | 7.54% | +8.84 pp |
| 2020 | 2020-12-31 | −1.30% | −16.23 pp |
| 2019 | 2019-12-31 | 14.93% | — |
| 2017 | 2017-12-31 | −18.53% | +17.28 pp |
| 2016 | 2016-12-31 | −35.81% | +5.13 pp |
| 2015 | 2015-12-31 | −40.94% | −53.75 pp |
| 2014 | 2014-12-31 | 12.81% | −5.45 pp |
| 2013 | 2013-12-31 | 18.26% | +12.58 pp |
| 2012 | 2012-12-31 | 5.68% | −5.06 pp |
| 2011 | 2011-12-31 | 10.74% | −15.25 pp |
| 2010 | 2010-12-31 | 25.99% | +70.98 pp |
| 2009 | 2009-12-31 | −44.98% | — |
Cumulus Media quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.39% | −0.59 pp |
| Q1 2026 | 2026-03-31 | −16.07% | −8.18 pp |
| Q4 2025 | 2025-12-31 | −65.26% | +38.27 pp |
| Q3 2025 | 2025-09-30 | −2.39% | −5.67 pp |
| Q2 2025 | 2025-06-30 | 1.98% | +6.66 pp |
| Q1 2025 | 2025-03-31 | −7.89% | −2.65 pp |
| Q4 2024 | 2024-12-31 | −103.53% | −75.01 pp |
| Q3 2024 | 2024-09-30 | 3.28% | −5.20 pp |
| Q2 2024 | 2024-06-30 | −4.68% | −6.21 pp |
| Q1 2024 | 2024-03-31 | −5.24% | −5.74 pp |
| Q4 2023 | 2023-12-31 | −28.52% | −32.29 pp |
| Q3 2023 | 2023-09-30 | 8.48% | −3.70 pp |
| Q2 2023 | 2023-06-30 | 1.53% | −9.91 pp |
| Q1 2023 | 2023-03-31 | 0.50% | −5.88 pp |
| Q4 2022 | 2022-12-31 | 3.77% | −3.07 pp |
| Q3 2022 | 2022-09-30 | 12.17% | −7.94 pp |
| Q2 2022 | 2022-06-30 | 11.44% | +5.82 pp |
| Q1 2022 | 2022-03-31 | 6.38% | +10.63 pp |
| Q4 2021 | 2021-12-31 | 6.84% | −0.65 pp |
| Q3 2021 | 2021-09-30 | 20.11% | +22.63 pp |
| Q2 2021 | 2021-06-30 | 5.62% | +27.77 pp |
| Q1 2021 | 2021-03-31 | −4.25% | −7.88 pp |
| Q4 2020 | 2020-12-31 | 7.49% | +1.41 pp |
| Q3 2020 | 2020-09-30 | −2.52% | −18.78 pp |
| Q2 2020 | 2020-06-30 | −22.15% | −51.15 pp |
| Q1 2020 | 2020-03-31 | 3.62% | −4.62 pp |
| Q4 2019 | 2019-12-31 | 6.08% | — |
| Q3 2019 | 2019-09-30 | 16.27% | — |
| Q2 2019 | 2019-06-30 | 29.00% | — |
| Q1 2019 | 2019-03-31 | 8.25% | −1.29 pp |
| Q1 2018 | 2018-03-31 | 9.54% | +1.76 pp |
| Q4 2017 | 2017-12-31 | −109.31% | +80.51 pp |
| Q3 2017 | 2017-09-30 | 14.95% | −24.55 pp |
| Q2 2017 | 2017-06-30 | 16.29% | +3.52 pp |
| Q1 2017 | 2017-03-31 | 7.77% | +4.01 pp |
| Q4 2016 | 2016-12-31 | −189.82% | −199.15 pp |
| Q3 2016 | 2016-09-30 | 39.50% | +235.47 pp |
| Q2 2016 | 2016-06-30 | 12.77% | −3.27 pp |
| Q1 2016 | 2016-03-31 | 3.77% | −0.61 pp |
| Q4 2015 | 2015-12-31 | 9.33% | −3.54 pp |
| Q3 2015 | 2015-09-30 | −195.97% | −209.32 pp |
| Q2 2015 | 2015-06-30 | 16.04% | −1.76 pp |
| Q1 2015 | 2015-03-31 | 4.38% | −2.17 pp |
| Q4 2014 | 2014-12-31 | 12.87% | +1.50 pp |
| Q3 2014 | 2014-09-30 | 13.35% | −10.58 pp |
| Q2 2014 | 2014-06-30 | 17.80% | −9.56 pp |
| Q1 2014 | 2014-03-31 | 6.55% | −2.30 pp |
| Q4 2013 | 2013-12-31 | 11.37% | +35.38 pp |
| Q3 2013 | 2013-09-30 | 23.93% | +1.85 pp |
| Q2 2013 | 2013-06-30 | 27.36% | +12.96 pp |
| Q1 2013 | 2013-03-31 | 8.85% | −2.91 pp |
| Q4 2012 | 2012-12-31 | −24.02% | −38.43 pp |
| Q3 2012 | 2012-09-30 | 22.08% | +27.34 pp |
| Q2 2012 | 2012-06-30 | 14.40% | −8.74 pp |
| Q1 2012 | 2012-03-31 | 11.76% | −32.37 pp |
| Q4 2011 | 2011-12-31 | 14.41% | — |
| Q3 2011 | 2011-09-30 | −5.26% | −33.00 pp |
| Q2 2011 | 2011-06-30 | 23.15% | −6.98 pp |
| Q1 2011 | 2011-03-31 | 44.13% | — |
| Q3 2010 | 2010-09-30 | 27.74% | — |
| Q2 2010 | 2010-06-30 | 30.13% | — |
Cumulus Media operating margin trends
Over the last five fiscal years, Cumulus Media's operating margin decreased from −1.30% to −18.62%, a change of −17.33 percentage points. The latest reported quarter, Q2 2026, shows 1.39%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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