Cumulus Media Inc. (CMLS) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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CMLS Revenue Growth
Revenue Breakdown (FY 2024)
CMLS's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
CMLS Revenue Analysis (2013–2024)
As of May 8, 2026, Cumulus Media Inc. (CMLS) generated trailing twelve-month (TTM) revenue of $772.2 million, reflecting significant decline in growth of -11.5% year-over-year. The most recent quarter (Q3 2025) recorded $180.3 million in revenue, down 3.1% sequentially.
Looking at the longer-term picture, CMLS's 5-year compound annual growth rate (CAGR) stands at -5.8%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $1.26 billion in 2014.
Revenue diversification analysis shows CMLS's business is primarily driven by Broadcast Radio Revenue (41%), Spot Revenue (28%), and Network Revenue (13%).
When compared to Communication Services sector peers including IHRT (+0.3% YoY), SBGI (-10.7% YoY), and GTN (-14.5% YoY), CMLS has underperformed the peer group in terms of revenue growth. Compare CMLS vs IHRT →
CMLS Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CMLSCurrent | $772M | -11.5% | -5.8% | -29.0% | |
 IHRT | $3.9B | +0.3% | +5.6% | -0.5% | |
 SBGI | $3.2B | -10.7% | -11.8% | 4.9% | |
 GTN | $3.1B | -14.5% | +5.4% | 12.7% | |
 NXST | $4.9B | -4.6% | +1.9% | 17.4% | |
 SSB | $3.8B | - | - | 27.9% |
CMLS Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $827.1M | -2.1% | $502.8M | 60.8% | $-239,664,000 | -29.0% |
| 2023 | $844.5M | -11.4% | $511.2M | 60.5% | $-41,278,000 | -4.9% |
| 2022 | $953.5M | +4.0% | $596.0M | 62.5% | $79.8M | 8.4% |
| 2021 | $916.5M | +12.3% | $557.8M | 60.9% | $69.1M | 7.5% |
| 2020 | $816.2M | -26.7% | $479.1M | 58.7% | $-10,602,000 | -1.3% |
| 2019 | $1.11B | -2.4% | $707.8M | 63.6% | $166.2M | 14.9% |
| 2018 | $1.14B | +0.4% | $737.6M | 64.7% | $156.2M | 13.7% |
| 2017 | $1.14B | -0.5% | $732.7M | 64.5% | $-210,446,000 | -18.5% |
| 2016 | $1.14B | -2.3% | $713.6M | 62.5% | $-408,789,000 | -35.8% |
| 2015 | $1.17B | -7.5% | $772.3M | 66.1% | $-478,515,000 | -40.9% |
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Start ComparisonCMLS — Frequently Asked Questions
Quick answers to the most common questions about buying CMLS stock.
Is CMLS's revenue growth accelerating or slowing?
CMLS revenue declined -11.5% year-over-year, contrasting with the 5-year CAGR of -5.8%. TTM revenue fell to $772M. This reverses the prior growth trend.
What is CMLS's long-term revenue growth rate?
Cumulus Media Inc.'s 5-year revenue CAGR of -5.8% reflects the variable expansion pattern. Current YoY growth of -11.5% is below this long-term average.
How is CMLS's revenue distributed by segment?
CMLS reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.