Cumulus Media (CMLS) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $844.55M | -11.43% |
| 2022-12-31 | $953.51M | 4.04% |
| 2021-12-31 | $916.47M | 12.28% |
| 2020-12-31 | $816.22M | -26.69% |
| 2019-12-31 | $1.11B | -2.36% |
| 2018-12-31 | $1.14B | 0.41% |
| 2017-12-31 | $1.14B | -0.50% |
| 2016-12-31 | $1.14B | -2.33% |
| 2015-12-31 | $1.17B | -7.50% |
| 2014-12-31 | $1.26B | 23.12% |
| 2013-12-31 | $1.03B | -4.69% |
| 2012-12-31 | $1.08B | 95.90% |
| 2011-12-31 | $549.54M | 108.69% |
| 2010-12-31 | $263.33M | 2.85% |
| 2009-12-31 | $256.05M | -17.81% |
| 2008-12-31 | $311.54M | -5.11% |
| 2007-12-31 | $328.33M | -1.79% |
| 2006-12-31 | $334.32M | 2.00% |
| 2005-12-31 | $327.76M | 2.38% |
| 2004-12-31 | $320.13M | 13.53% |
| 2003-12-31 | $281.97M | 11.63% |
| 2002-12-31 | $252.60M | 25.47% |
| 2001-12-31 | $201.33M | -10.88% |
| 2000-12-31 | $225.91M | 25.49% |
| 1999-12-31 | $180.02M | 82.21% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $203.60M | -0.61% |
| 2024-06-30 | $204.85M | 2.40% |
| 2024-03-31 | $200.05M | -9.60% |
| 2023-12-31 | $221.30M | 6.69% |
| 2023-09-30 | $207.42M | -1.29% |
| 2023-06-30 | $210.14M | 2.16% |
| 2023-03-31 | $205.69M | -18.14% |
| 2022-12-31 | $251.27M | 7.63% |
| 2022-09-30 | $233.46M | -1.38% |
| 2022-06-30 | $236.74M | 2.03% |
| 2022-03-31 | $232.03M | -8.03% |
| 2021-12-31 | $252.30M | 6.14% |
| 2021-09-30 | $237.72M | 5.78% |
| 2021-06-30 | $224.72M | 11.40% |
| 2021-03-31 | $201.73M | -17.96% |
| 2020-12-31 | $245.90M | 25.21% |
| 2020-09-30 | $196.38M | 34.49% |
| 2020-06-30 | $146.02M | -35.93% |
| 2020-03-31 | $227.91M | -20.16% |
| 2019-12-31 | $285.47M | 1.66% |
| 2019-09-30 | $280.81M | 0.41% |
| 2019-06-30 | $279.67M | 4.55% |
| 2019-03-31 | $267.50M | -13.48% |
| 2018-12-31 | $309.18M | 9.54% |
| 2018-09-30 | $282.25M | -2.85% |
| 2018-06-30 | $290.53M | 10.18% |
| 2018-03-31 | $263.68M | -10.27% |
| 2017-12-31 | $293.86M | 2.31% |
| 2017-09-30 | $287.24M | -1.13% |
| 2017-06-30 | $290.53M | 10.04% |
| 2017-03-31 | $264.03M | -11.86% |
| 2016-12-31 | $299.54M | 4.68% |
| 2016-09-30 | $286.14M | -0.37% |
| 2016-06-30 | $287.19M | 6.95% |
| 2016-03-31 | $268.53M | -13.05% |
| 2015-12-31 | $308.82M | 6.70% |
| 2015-09-30 | $289.44M | -3.31% |
| 2015-06-30 | $299.33M | 10.42% |
| 2015-03-31 | $271.08M | -17.67% |
| 2014-12-31 | $329.25M | 4.89% |
| 2014-09-30 | $313.88M | -4.38% |
| 2014-06-30 | $328.25M | 12.40% |
| 2014-03-31 | $292.04M | 31.25% |
| 2013-12-31 | $222.52M | -20.83% |
| 2013-09-30 | $281.07M | -2.97% |
| 2013-06-30 | $289.68M | 24.39% |
| 2013-03-31 | $232.87M | -18.06% |
| 2012-12-31 | $284.20M | 3.21% |
| 2012-09-30 | $275.35M | -2.02% |
| 2012-06-30 | $281.04M | 14.56% |
| 2012-03-31 | $245.32M | -15.47% |
| 2011-12-31 | $290.20M | 119.35% |
| 2011-09-30 | $132.30M | 91.25% |
| 2011-06-30 | $69.18M | 19.57% |
| 2011-03-31 | $57.86M | -17.09% |
| 2010-12-31 | $69.78M | 3.45% |
| 2010-09-30 | $67.45M | -3.28% |
| 2010-06-30 | $69.74M | 23.74% |
| 2010-03-31 | $56.36M | -19.03% |
| 2009-12-31 | $69.61M | 6.88% |
| 2009-09-30 | $65.13M | -1.27% |
| 2009-06-30 | $65.96M | 19.17% |
| 2009-03-31 | $55.35M | -26.25% |
| 2008-12-31 | $75.06M | -6.12% |
| 2008-09-30 | $79.95M | -4.40% |
| 2008-06-30 | $83.63M | 14.72% |
| 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Mar 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BBGI | Beasley Broadcast Group | $247.11T | $60.44M |
| LSXMA | Formula One Group | $22.75B | $3.17B |
| GTN | Gray Television | $3.28B | $823.00M |
| SSP | E.W. Scripps Company | $2.29B | $573.63M |
| CMLS | Cumulus Media | $844.55M | $203.60M |
| SALM | Salem Media Group | $266.97M | $63.50M |
| SGA | Saga Communications | $112.77M | $28.74M |
| MDIA | MediaCo | $32.39M | $26.20M |
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.