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Amc Networks Financials

AMCX
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Amc Networks (AMCX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 40 / 100
Financial Profile 40/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
35

Amc Networks has an operating margin of 5.8%, meaning the company retains $6 of operating profit per $100 of revenue. This results in a moderate score of 35/100, indicating healthy but not exceptional operating efficiency. This is up from -1.6% the prior year.

Growth
26

Amc Networks's revenue declined 4.5% year-over-year, from $2.4B to $2.3B. This contraction results in a growth score of 26/100.

Leverage
66

Amc Networks carries a low D/E ratio of 1.77, meaning only $1.77 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 66/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
29

Amc Networks's current ratio of 1.67 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 29/100, which could limit financial flexibility.

Cash Flow
54

Amc Networks has a free cash flow margin of 11.8%, earning a moderate score of 54/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
31

Amc Networks's ROE of 9.1% shows moderate profitability relative to equity, earning a score of 31/100. This is up from -26.5% the prior year.

Altman Z-Score Distress
1.69

Amc Networks scores 1.69, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Neutral
6/9

Amc Networks passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed
3.42x

For every $1 of reported earnings, Amc Networks generates $3.42 in operating cash flow ($305.7M OCF vs $89.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk
0.8x

Amc Networks earns $0.8 in operating income for every $1 of interest expense ($133.3M vs $172.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$2.3B
YoY-4.5%
5Y CAGR-3.9%
10Y CAGR-1.1%

Amc Networks generated $2.3B in revenue in fiscal year 2025. This represents a decrease of 4.5% from the prior year.

EBITDA
$227.7M
YoY+289.9%
5Y CAGR-16.1%
10Y CAGR-11.7%

Amc Networks's EBITDA was $227.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 289.9% from the prior year.

Net Income
$89.4M
YoY+139.5%
5Y CAGR-17.9%
10Y CAGR-13.2%

Amc Networks reported $89.4M in net income in fiscal year 2025. This represents an increase of 139.5% from the prior year.

EPS (Diluted)
$1.66
YoY+132.5%
5Y CAGR-18.6%
10Y CAGR-10.5%

Amc Networks earned $1.66 per diluted share (EPS) in fiscal year 2025. This represents an increase of 132.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$272.4M
YoY-17.7%
5Y CAGR-17.3%
10Y CAGR-1.0%

Amc Networks generated $272.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 17.7% from the prior year.

Cash & Debt
$502.4M
YoY-36.0%
5Y CAGR-10.8%
10Y CAGR+4.7%

Amc Networks held $502.4M in cash against $1.7B in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
N/A

Margins & Returns

Gross Margin
50.6%
YoY-2.6pp
5Y CAGR+0.4pp
10Y CAGR-5.3pp

Amc Networks's gross margin was 50.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.6 percentage points from the prior year.

Operating Margin
5.8%
YoY+7.4pp
5Y CAGR-10.0pp
10Y CAGR-21.7pp

Amc Networks's operating margin was 5.8% in fiscal year 2025, reflecting core business profitability. This is up 7.4 percentage points from the prior year.

Net Margin
3.9%
YoY+13.2pp
5Y CAGR-4.7pp
10Y CAGR-10.3pp

Amc Networks's net profit margin was 3.9% in fiscal year 2025, showing the share of revenue converted to profit. This is up 13.2 percentage points from the prior year.

Return on Equity
9.1%
YoY+35.6pp
5Y CAGR-29.8pp

Amc Networks's ROE was 9.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 35.6 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$18.0M
5Y CAGR-45.0%

Amc Networks spent $18.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures
$33.3M
YoY-25.6%
5Y CAGR-6.5%
10Y CAGR-6.9%

Amc Networks invested $33.3M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 25.6% from the prior year.

AMCX Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $594.8M+5.9% $561.7M-6.4% $600.0M+8.1% $555.2M-7.4% $599.3M-0.1% $599.6M-4.2% $625.9M+4.9% $596.5M
Cost of Revenue $299.1M+2.8% $291.1M+2.5% $283.9M+6.2% $267.3M-8.6% $292.5M+1.7% $287.7M+2.5% $280.7M+3.4% $271.6M
Gross Profit $295.7M+9.3% $270.7M-14.4% $316.1M+9.8% $287.9M-6.2% $306.8M-1.6% $311.9M-9.7% $345.2M+6.3% $324.9M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $209.4M+10.6% $189.3M-14.6% $221.7M+12.0% $198.0M+2.8% $192.7M+0.5% $191.6M-8.0% $208.2M+10.2% $188.9M
Operating Income -$50.9M-191.6% $55.5M-13.9% $64.5M+0.4% $64.2M+125.3% -$254.2M-371.4% $93.7M+768.1% $10.8M-90.2% $110.2M
Interest Expense $41.9M-5.9% $44.6M+5.0% $42.5M-2.1% $43.4M-3.6% $45.0M-0.3% $45.1M+4.4% $43.2M+31.6% $32.8M
Income Tax -$27.6M-164.5% $42.8M+166.1% $16.1M+7.5% $15.0M+236.7% -$10.9M-155.0% $19.9M+82.6% $10.9M-53.9% $23.6M
Net Income -$55.5M-172.5% $76.5M+52.2% $50.3M+178.6% $18.0M+106.3% -$284.5M-787.5% $41.4M+241.6% -$29.2M-163.8% $45.8M
EPS (Diluted) N/A $1.38+51.6% $0.91+167.6% $0.34 N/A $0.76+215.2% $-0.66-164.1% $1.03

AMCX Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $3.9B-6.5% $4.2B-4.8% $4.4B+2.1% $4.3B-0.7% $4.4B-9.6% $4.8B-1.0% $4.9B-0.8% $4.9B
Current Assets $1.3B-15.6% $1.5B-12.1% $1.7B+1.4% $1.7B+1.9% $1.7B-0.9% $1.7B-1.9% $1.7B+4.1% $1.7B
Cash & Equivalents $502.4M-29.9% $716.8M-17.3% $866.4M-0.4% $870.2M+10.9% $784.6M-3.9% $816.4M+1.7% $802.6M+16.2% $690.5M
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $575.3M+0.6% $571.6M-7.0% $614.9M+7.3% $573.2M-8.1% $623.9M-3.7% $647.6M+0.7% $643.3M+2.3% $629.1M
Goodwill $166.8M-35.8% $260.0M+0.2% $259.4M+3.5% $250.7M+1.8% $246.3M-56.0% $559.2M+1.0% $553.8M-11.0% $622.2M
Total Liabilities $2.9B-4.7% $3.1B-8.6% $3.4B+0.2% $3.3B-2.1% $3.4B-2.0% $3.5B-3.3% $3.6B+0.1% $3.6B
Current Liabilities $768.4M+7.4% $715.8M-14.1% $833.4M+10.7% $753.0M+7.2% $702.7M-3.1% $725.5M-10.2% $807.7M-9.3% $890.3M
Long-Term Debt $1.7B-8.9% $1.9B-10.2% $2.1B-4.7% $2.2B-4.1% $2.3B-0.3% $2.3B-0.7% $2.4B+3.2% $2.3B
Total Equity $981.9M-6.7% $1.1B+8.4% $971.7M+9.3% $888.8M+3.9% $855.6M-23.4% $1.1B+6.0% $1.1B-2.5% $1.1B
Retained Earnings $2.2B-2.5% $2.2B+3.6% $2.2B+2.4% $2.1B+0.6% $2.1B-12.0% $2.4B+1.8% $2.3B-1.3% $2.4B

AMCX Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $49.2M+9.9% $44.8M-56.4% $102.8M-5.5% $108.8M+87.2% $58.1M-6.6% $62.2M-40.4% $104.4M-30.8% $150.9M
Capital Expenditures $8.8M+210.8% $2.8M-59.8% $7.0M-51.8% $14.6M-28.8% $20.5M+147.4% $8.3M-10.2% $9.2M+37.5% $6.7M
Free Cash Flow $40.4M-3.7% $42.0M-56.1% $95.7M+1.7% $94.2M+150.6% $37.6M-30.3% $53.9M-43.3% $95.2M-34.0% $144.1M
Investing Cash Flow -$9.7M-351.2% -$2.1M+72.2% -$7.7M+47.1% -$14.6M+27.7% -$20.2M-148.1% -$8.1M+11.8% -$9.2M-231.8% -$2.8M
Financing Cash Flow -$253.1M-32.5% -$191.0M-68.6% -$113.3M-773.5% -$13.0M+77.4% -$57.5M-22.8% -$46.8M-372.0% $17.2M+174.4% -$23.1M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks $7.6M $0 N/A N/A $0 $0 N/A N/A

AMCX Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 49.7%+1.5pp 48.2%-4.5pp 52.7%+0.8pp 51.8%+0.7pp 51.2%-0.8pp 52.0%-3.1pp 55.1%+0.7pp 54.5%
Operating Margin -8.6%-18.4pp 9.9%-0.9pp 10.7%-0.8pp 11.6%+54.0pp -42.4%-58.0pp 15.6%+13.9pp 1.7%-16.8pp 18.5%
Net Margin -9.3%-22.9pp 13.6%+5.2pp 8.4%+5.1pp 3.3%+50.7pp -47.5%-54.4pp 6.9%+11.6pp -4.7%-12.3pp 7.7%
Return on Equity -5.7%-12.9pp 7.3%+2.1pp 5.2%+3.1pp 2.0%+35.3pp -33.3%-37.0pp 3.7%+6.5pp -2.8%-7.0pp 4.2%
Return on Assets -1.4%-3.2pp 1.8%+0.7pp 1.1%+0.7pp 0.4%+6.9pp -6.5%-7.4pp 0.9%+1.5pp -0.6%-1.5pp 0.9%
Current Ratio 1.67-0.5 2.12+0.0 2.07-0.2 2.26-0.1 2.38+0.1 2.32+0.2 2.13+0.3 1.85
Debt-to-Equity 1.77-0.0 1.82-0.4 2.19-0.3 2.51-0.2 2.72+0.6 2.09-0.1 2.23+0.1 2.11
FCF Margin 6.8%-0.7pp 7.5%-8.5pp 16.0%-1.0pp 17.0%+10.7pp 6.3%-2.7pp 9.0%-6.2pp 15.2%-9.0pp 24.2%

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Frequently Asked Questions

Amc Networks (AMCX) reported $2.3B in total revenue for fiscal year 2025. This represents a -4.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Amc Networks (AMCX) revenue declined by 4.5% year-over-year, from $2.4B to $2.3B in fiscal year 2025.

Yes, Amc Networks (AMCX) reported a net income of $89.4M in fiscal year 2025, with a net profit margin of 3.9%.

Amc Networks (AMCX) reported diluted earnings per share of $1.66 for fiscal year 2025. This represents a 132.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Amc Networks (AMCX) had EBITDA of $227.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Amc Networks (AMCX) had $502.4M in cash and equivalents against $1.7B in long-term debt.

Amc Networks (AMCX) had a gross margin of 50.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Amc Networks (AMCX) had an operating margin of 5.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Amc Networks (AMCX) had a net profit margin of 3.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Amc Networks (AMCX) has a return on equity of 9.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Amc Networks (AMCX) generated $272.4M in free cash flow during fiscal year 2025. This represents a -17.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Amc Networks (AMCX) generated $305.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Amc Networks (AMCX) had $3.9B in total assets as of fiscal year 2025, including both current and long-term assets.

Amc Networks (AMCX) invested $33.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Amc Networks (AMCX) spent $18.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Amc Networks (AMCX) had a current ratio of 1.67 as of fiscal year 2025, which is generally considered healthy.

Amc Networks (AMCX) had a debt-to-equity ratio of 1.77 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Amc Networks (AMCX) had a return on assets of 2.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Amc Networks (AMCX) has an Altman Z-Score of 1.69, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Amc Networks (AMCX) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Amc Networks (AMCX) has an earnings quality ratio of 3.42x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Amc Networks (AMCX) has an interest coverage ratio of 0.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Amc Networks (AMCX) scores 40 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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