Cumulus Media (CMLSQ) Operating Margin (2010 - 2026)
Cumulus Media's Operating Margin came in at 1.39% for Q2 2026, down 0.59 percentage points from 1.98% a year earlier but up 17.45 percentage points from the prior quarter.
Cumulus Media (CMLSQ) Operating Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cumulus Media reported Operating Margin of -21.57%, up 7.43 percentage points year-over-year; for FY2025, it was -18.62%, up 10.35 percentage points from FY2024.
- Operating Margin carries a five-year change of -17.33 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was -28.98% in FY2024 (-24.09 pp), -4.89% in FY2023 (-13.26 pp), 8.37% in FY2022 (+0.83 pp) and 7.54% in FY2021 (+8.84 pp).
- The five-year range for quarterly Operating Margin is -103.53% (Q4 2024) to 20.11% (Q3 2021).
- Year-over-year, Operating Margin increased in two of the last eight quarters, with an average year-over-year change of -6.54 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q4 2025 (a gain of 38.27 percentage points), and the weakest in Q4 2024 (a drop of 75.00 percentage points).
- Business Quant data shows CMLSQ's Operating Margin at -16.07% (Q1 2026), -65.26% (Q4 2025) and -2.39% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.70 Bn | 63.36 Bn | 4.10 Bn | 2.72% |
| 2 | Fox | 29.29 Bn | 15.10 Bn | - | - |
| 3 | Omnicom | 23.20 Bn | 5.28 Bn | 1.30 Bn | 14.06% |
| 4 | News | 17.26 Bn | 8.74 Bn | - | - |
| 5 | Pearson | 11.97 Bn | 9.09 Bn | - | - |
| 6 | New York Times | 11.24 Bn | 8.73 Bn | 394.61 Mn | 15.48% |
| 7 | Sirius Xm Holdings | 9.24 Bn | 8.81 Bn | 1.44 Bn | 21.85% |
| 8 | Skydance | 7.66 Bn | 5.58 Bn | - | - |
| 9 | Wpp | 5.76 Bn | -6.29 Bn | - | - |
| 10 | Cumulus Media | 176,680.32 | -290.93 Mn | - | 1.39% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.39% |
| Mar 31, 2026 | -16.07% |
| Dec 31, 2025 | -65.26% |
| Sep 30, 2025 | -2.39% |
| Jun 30, 2025 | 1.98% |
| Mar 31, 2025 | -7.89% |
| Dec 31, 2024 | -103.53% |
| Sep 30, 2024 | 3.28% |
| Jun 30, 2024 | -4.68% |
| Mar 31, 2024 | -5.25% |
| Dec 31, 2023 | -28.53% |
| Sep 30, 2023 | 8.48% |
| Jun 30, 2023 | 1.53% |
| Mar 31, 2023 | 0.50% |
| Dec 31, 2022 | 3.77% |
| Sep 30, 2022 | 12.17% |
| Jun 30, 2022 | 11.44% |
| Mar 31, 2022 | 6.38% |
| Dec 31, 2021 | 6.84% |
| Sep 30, 2021 | 20.11% |
Cumulus Media Operating Margin 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=operating-margin&ticker=CMLSQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=CMLSQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();