Cumulus Media Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-9.2M | $-16.9M | $-135.1M | $-20.4M | $-12.8M | $-32.4M | $-231.1M | $-10.3M |
| Depreciation & Amortization | $12.3M | $12.3M | $12.8M | $12.7M | $14.0M | $14.8M | $14.8M | $14.7M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $4.1M | $4.1M | $4.1M | $4.1M | $4.1M | $4.1M | $4.1M | $4.1M |
| Stock-Based Compensation | $-63.0K | $535.0K | $504.0K | $577.0K | $574.0K | $849.0K | $1.3M | $1.0M |
| Net Cash from Operating Activities | $6.6M | $-19.6M | $-13.2M | $-659.0K | $-3.7M | $-3.8M | $17.0M | $3.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $3.2M | $3.9M | $4.8M | $4.4M | $5.5M | $5.5M | $3.6M | $3.3M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-2.7M | $-3.4M | $6.6M | $-3.9M | $-5.5M | $-5.1M | $-3.3M | $-3.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | $0 | $0 |
| Net Cash from Financing Activities | $-386.0K | $-1.4M | $-1.9M | $-1.8M | $53.3M | $-2.3M | $-2.1M | $-1.9M |
| Net Change in Cash | $3.5M | $-24.4M | $-8.4M | $-6.3M | $44.1M | $-11.1M | $11.7M | $-1.3M |
| Free Cash Flow | $3.4M | $-23.5M | $-17.9M | $-5.1M | $-9.2M | $-9.4M | $13.4M | $598.0K |