Cumulus Media (CMLSQ) Intangibles (2010 - 2026)
Cumulus Media (CMLSQ) reported Intangibles of $407.15 million for Q2 2026, down 21.3% from $517.27 million a year earlier and down 0.2% from the prior quarter.
Cumulus Media (CMLSQ) Intangibles (2010 - 2026) Analysis & Trends
At the end of FY2025, Cumulus Media posted Intangibles of $407.91 million, down 21.3% from FY2024.
- Intangibles has declined for 11 consecutive years, with a five-year compound annual growth rate of -13.2% (FY2020 to FY2025).
- By year, Intangibles came in at $518.17 million in FY2024 (-30.1%), $741.72 million in FY2023 (-8.2%), $807.54 million in FY2022 (-2.0%) and $823.91 million in FY2021 (-0.2%).
- The Q2 2026 figure ranks as the lowest quarterly Intangibles since Q2 2011.
- Year over year, Intangibles has now declined in each of the last 27 quarters, with an average decline of 24.1% over the last eight quarters.
- Over the past five years, the year-over-year decline in Intangibles ranged from 0.1% (Q3 2022) to 30.3% (Q3 2025).
- Per Business Quant data, the three quarters before Q2 2026 came in at $407.91 million (Q1 2026), $407.91 million (Q4 2025) and $516.97 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.70 Bn | 63.36 Bn | 4.10 Bn | 25.92 Bn |
| 2 | Fox | 28.88 Bn | 14.69 Bn | - | 2.87 Bn |
| 3 | Omnicom | 22.70 Bn | 4.79 Bn | 1.30 Bn | 4.83 Bn |
| 4 | News | 17.16 Bn | 8.64 Bn | - | 1.84 Bn |
| 5 | Pearson | 11.92 Bn | 9.03 Bn | - | 1.18 Bn |
| 6 | New York Times | 11.16 Bn | 8.65 Bn | 394.61 Mn | 215.41 Mn |
| 7 | Sirius Xm Holdings | 9.15 Bn | 8.73 Bn | 1.44 Bn | 8.61 Bn |
| 8 | Skydance | 7.66 Bn | 5.58 Bn | - | 6.24 Bn |
| 9 | Wpp | 5.71 Bn | -6.33 Bn | - | 988.75 Mn |
| 10 | Cumulus Media | 176,680.32 | -290.93 Mn | - | 407.15 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 407.15 Mn |
| Mar 31, 2026 | 407.91 Mn |
| Dec 31, 2025 | 407.91 Mn |
| Sep 30, 2025 | 516.97 Mn |
| Jun 30, 2025 | 517.27 Mn |
| Mar 31, 2025 | 518.17 Mn |
| Dec 31, 2024 | 518.17 Mn |
| Sep 30, 2024 | 741.64 Mn |
| Jun 30, 2024 | 741.64 Mn |
| Mar 31, 2024 | 741.68 Mn |
| Dec 31, 2023 | 741.72 Mn |
| Sep 30, 2023 | 806.24 Mn |
| Jun 30, 2023 | 806.24 Mn |
| Mar 31, 2023 | 807.54 Mn |
| Dec 31, 2022 | 807.54 Mn |
| Sep 30, 2022 | 823.14 Mn |
| Jun 30, 2022 | 823.14 Mn |
| Mar 31, 2022 | 823.91 Mn |
| Dec 31, 2021 | 823.91 Mn |
| Sep 30, 2021 | 823.93 Mn |
Cumulus Media Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=CMLSQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "CMLSQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=CMLSQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();