Here are the 10-Q quarterly reports from Cumulus Media Inc A (CMLSQ) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CMLSQ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CMLSQ filings page.
Cumulus Media Inc. reports continued operating losses while undergoing a prepackaged Chapter 11 restructuring. For the three months ended June 30, 2026, net revenue was $167.9 million and net loss was $9.2 million; for the first half of 2026, net revenue was $332.4 million with a net loss of $26.1 million, narrower than a year earlier.
At June 30, 2026, the company had $61.1 million in cash and cash equivalents, total assets of $894.7 million, and a stockholders’ deficit of $217.1 million. Prepetition obligations of $1.04 billion are classified as Liabilities subject to compromise under ASC 852 as the company operates as a debtor-in-possession.
Under a confirmed plan of reorganization supported by holders of about 88.4% of its 2029 term loans and notes, all existing Class A and Class B common stock will be cancelled with no recovery for current shareholders, and new equity and convertible notes will be issued mainly to debt holders. Management discloses substantial doubt about the company’s ability to continue as a going concern until the restructuring is successfully completed.
Cumulus Media Inc. (CMLSQ) reported another quarterly loss while operating under Chapter 11 protection and preparing to cancel all existing equity. For the three months ended March 31, 2026, net revenue was $164,447,000 versus $187,349,000 a year earlier, reflecting weaker broadcast and digital advertising.
The company posted a net loss of $16,862,000, improved from a $32,367,000 loss, helped by $22,012,000 of reorganization gains, including lease rejections and debt claim adjustments. Cash fell to $57,607,000, and $1,071,727,000 of prepetition obligations are classified as liabilities subject to compromise.
Under the confirmed reorganization plan, all current Class A and Class B common stock will be canceled with no recovery to shareholders, and new equity and $50,000,000 of exit convertible notes will go to creditors. Management concludes there is substantial doubt about the company’s ability to continue as a going concern until the restructuring is completed.