Cumulus Media reported their Q2 earnings report today noting a 9.7% decrease in revenue.
Cumulus Media’s revenue dropped from $186 million in Q2 2025 to $167,907,000 this year. The company’s net loss for the quarter was $9.2 million compared to $12.8 million last year. Adjusted EBITDA dropped by 28% to $16 million.
Cumulus’ broadcast spot revenue fell year-to-year by 10.6% from $91.1 million to $81.44 million. Network spot business dropped by 21.5% from $27.28 million to $21.4 million. Total broadcast radio revenue was down 13.2%. The company’s digital revenue was down 0.3% from $38.83 million to $37.71 million. Other revenue decreased by 8.4% to $26.33 million.
The revenue drop comes as Cumulus is in the process of staffing cuts across the company.
Cumulus President/CEO Mary Berner said, “We are pleased to report our second quarter earnings. With our plan of reorganization confirmed by the court and the FCC approval process well underway, we are positioned to emerge from Chapter 11 with a stronger balance sheet to capitalize on future market opportunities.”
