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Cumulus Media (CMLS) Revenue & Revenue Breakdown

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Cumulus Media Revenue Highlights

Latest Revenue (Y)

$844.55M

Latest Revenue (Q)

$203.60M

Main Segment (Y)

Broadcast Radio Revenue

Cumulus Media Revenue by Period

Cumulus Media Revenue by Year

DateRevenueChange
2023-12-31$844.55M-11.43%
2022-12-31$953.51M4.04%
2021-12-31$916.47M12.28%
2020-12-31$816.22M-26.69%
2019-12-31$1.11B-2.36%
2018-12-31$1.14B0.41%
2017-12-31$1.14B-0.50%
2016-12-31$1.14B-2.33%
2015-12-31$1.17B-7.50%
2014-12-31$1.26B23.12%
2013-12-31$1.03B-4.69%
2012-12-31$1.08B95.90%
2011-12-31$549.54M108.69%
2010-12-31$263.33M2.85%
2009-12-31$256.05M-17.81%
2008-12-31$311.54M-5.11%
2007-12-31$328.33M-1.79%
2006-12-31$334.32M2.00%
2005-12-31$327.76M2.38%
2004-12-31$320.13M13.53%
2003-12-31$281.97M11.63%
2002-12-31$252.60M25.47%
2001-12-31$201.33M-10.88%
2000-12-31$225.91M25.49%
1999-12-31$180.02M82.21%
1998-12-31$98.80M-

Cumulus Media generated $844.55M in revenue during NA 2023, up -11.43% compared to the previous quarter, and up 74.06% compared to the same period a year ago.

Cumulus Media Revenue by Quarter

DateRevenueChange
2024-09-30$203.60M-0.61%
2024-06-30$204.85M2.40%
2024-03-31$200.05M-9.60%
2023-12-31$221.30M6.69%
2023-09-30$207.42M-1.29%
2023-06-30$210.14M2.16%
2023-03-31$205.69M-18.14%
2022-12-31$251.27M7.63%
2022-09-30$233.46M-1.38%
2022-06-30$236.74M2.03%
2022-03-31$232.03M-8.03%
2021-12-31$252.30M6.14%
2021-09-30$237.72M5.78%
2021-06-30$224.72M11.40%
2021-03-31$201.73M-17.96%
2020-12-31$245.90M25.21%
2020-09-30$196.38M34.49%
2020-06-30$146.02M-35.93%
2020-03-31$227.91M-20.16%
2019-12-31$285.47M1.66%
2019-09-30$280.81M0.41%
2019-06-30$279.67M4.55%
2019-03-31$267.50M-13.48%
2018-12-31$309.18M9.54%
2018-09-30$282.25M-2.85%
2018-06-30$290.53M10.18%
2018-03-31$263.68M-10.27%
2017-12-31$293.86M2.31%
2017-09-30$287.24M-1.13%
2017-06-30$290.53M10.04%
2017-03-31$264.03M-11.86%
2016-12-31$299.54M4.68%
2016-09-30$286.14M-0.37%
2016-06-30$287.19M6.95%
2016-03-31$268.53M-13.05%
2015-12-31$308.82M6.70%
2015-09-30$289.44M-3.31%
2015-06-30$299.33M10.42%
2015-03-31$271.08M-17.67%
2014-12-31$329.25M4.89%
2014-09-30$313.88M-4.38%
2014-06-30$328.25M12.40%
2014-03-31$292.04M31.25%
2013-12-31$222.52M-20.83%
2013-09-30$281.07M-2.97%
2013-06-30$289.68M24.39%
2013-03-31$232.87M-18.06%
2012-12-31$284.20M3.21%
2012-09-30$275.35M-2.02%
2012-06-30$281.04M14.56%
2012-03-31$245.32M-15.47%
2011-12-31$290.20M119.35%
2011-09-30$132.30M91.25%
2011-06-30$69.18M19.57%
2011-03-31$57.86M-17.09%
2010-12-31$69.78M3.45%
2010-09-30$67.45M-3.28%
2010-06-30$69.74M23.74%
2010-03-31$56.36M-19.03%
2009-12-31$69.61M6.88%
2009-09-30$65.13M-1.27%
2009-06-30$65.96M19.17%
2009-03-31$55.35M-26.25%
2008-12-31$75.06M-6.12%
2008-09-30$79.95M-4.40%
2008-06-30$83.63M14.72%
2008-03-31$72.90M-13.63%
2007-12-31$84.41M-

Cumulus Media generated $203.60M in revenue during Q3 2024, up -0.61% compared to the previous quarter, and up 96.89% compared to the same period a year ago.

Cumulus Media Revenue Breakdown

Cumulus Media Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Broadcast Radio Revenue$594.55M$709.61M$710.17M--
Spot Revenue$412.05M$479.83M$457.61M--
Other Revenue$103.57M$101.59M$79.42M--
Network Revenue$182.50M$229.77M$252.57M--
Digital Revenue$146.43M$142.31M$126.87M--
Advertising Revenues---$801.39M$1.10B
Non-Advertising Revenues---$14.82M$16.74M

Cumulus Media's latest annual revenue breakdown by segment (product or service), as of Dec 23: Broadcast Radio Revenue (41.31%), Spot Revenue (28.63%), Network Revenue (12.68%), Digital Revenue (10.17%), and Other Revenue (7.20%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Mar 18
Digital Revenue$40.02M$39.40M$34.45M$39.58M$37.22M$37.54M$32.09M$37.71M$34.91M$37.80M$31.89M---------
Other Revenue$24.62M$29.34M$25.87M$28.19M$23.95M$25.84M$25.59M$25.94M$21.48M$23.22M$30.95M---------
Spot Revenue$96.40M$101.81M$90.57M$101.38M$105.89M$107.06M$97.71M$124.10M$124.81M$127.01M$103.91M---------
Broadcast Radio Revenue$138.96M$136.11M$139.74M$153.53M$146.25M$146.76M$148.01M$187.62M$177.07M$175.72M$169.19M---------
Network Revenue$42.56M$34.31M$49.16M$52.15M$40.36M$39.70M$50.30M$63.52M$52.26M$48.71M$65.27M---------
Trade and Barter Transactions-----------$11.90M$7.20M$5.80M$9.10M-----
Non-Advertising Revenues------------$3.90M$3.95M$5.29M$4.74M$3.56M$3.15M$3.37M-
Advertising Revenues------------$233.82M$220.76M$196.44M$241.16M$192.82M$142.87M$224.54M-
Radio Station Group Reportable Segment-------------------$168.22M
Other Segments-------------------$664.00K
Westwood One Reportable Segment-------------------$94.79M

Cumulus Media's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Broadcast Radio Revenue (40.57%), Spot Revenue (28.14%), Network Revenue (12.43%), Digital Revenue (11.68%), and Other Revenue (7.19%).

Cumulus Media Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
BBGIBeasley Broadcast Group$247.11T$58.19T
GTNGray Television$3.28B$950.00M
SSPE.W. Scripps$2.29B$-1.14B
CMLSCumulus Media$844.55M$203.60M
SGASaga Communications$112.77M$28.12M
MDIAMediaCo$32.39M$29.86M

CMLS Revenue FAQ

What is Cumulus Media’s yearly revenue?

Cumulus Media's yearly revenue for 2023 was $844.55M, representing a decrease of -11.43% compared to 2022. The company's yearly revenue for 2022 was $953.51M, representing an increase of 4.04% compared to 2021. CMLS's yearly revenue for 2021 was $916.47M, representing an increase of 12.28% compared to 2020.

What is Cumulus Media’s quarterly revenue?

Cumulus Media's quarterly revenue for Q3 2024 was $203.6M, a -0.61% decrease from the previous quarter (Q2 2024), and a -1.84% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $204.85M, a 2.40% increase from the previous quarter (Q1 2024), and a -2.52% decrease year-over-year (Q2 2023). CMLS's quarterly revenue for Q1 2024 was $200.05M, a -9.60% decrease from the previous quarter (Q4 2023), and a -2.74% decrease year-over-year (Q1 2023).

What is Cumulus Media’s revenue growth rate?

Cumulus Media's revenue growth rate for the last 3 years (2021-2023) was -7.85%, and for the last 5 years (2019-2023) was -24.15%.

What are Cumulus Media’s revenue streams?

Cumulus Media's revenue streams in c 23 are Broadcast Radio Revenue, Spot Revenue, Other Revenue, Network Revenue, and Digital Revenue. Broadcast Radio Revenue generated $594.55M in revenue, accounting 41.31% of the company's total revenue, down -16.21% year-over-year. Spot Revenue generated $412.05M in revenue, accounting 28.63% of the company's total revenue, down -14.13% year-over-year. Other Revenue generated $103.57M in revenue, accounting 7.20% of the company's total revenue, up 1.95% year-over-year. Network Revenue generated $182.5M in revenue, accounting 12.68% of the company's total revenue, down -20.57% year-over-year. Digital Revenue generated $146.42M in revenue, accounting 10.17% of the company's total revenue, up 2.89% year-over-year.

What is Cumulus Media’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Cumulus Media was Broadcast Radio Revenue. This segment made a revenue of $594.55M, representing 41.31% of the company's total revenue.