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Cumulus Media Inc. (CMLSQ) Stock Fundamental Analysis & AI Rating 2026

CMLSQ OTC Radio Broadcasting Stations DE CIK: 0001058623
Updated This Month • Analysis: Mar 22, 2026 • SEC Data: 2025-09-30
Combined AI Rating
STRONG SELL
92% Confidence
STRONG AGREEMENT
STRONG SELL
92% Conf
STRONG SELL
92% Conf

📊 CMLSQ Key Takeaways

Revenue: $553.6M
Net Margin: -11.8%
Free Cash Flow: $-23.6M
Current Ratio: 1.74x
Debt/Equity: N/A
EPS: $-3.78
AI Rating: STRONG SELL with 92% confidence
Cumulus Media Inc. (CMLSQ) receives a STRONG SELL rating with 92% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $553.6M, net profit margin of -11.8%, Cumulus Media Inc. demonstrates mixed fundamentals in the Telecom sector. Below is our complete CMLSQ stock analysis for 2026.

Is Cumulus Media Inc. (CMLSQ) a Good Investment?

Claude

Cumulus Media exhibits severe financial distress with negative stockholders equity of -$56.9M, indicating the company is technically insolvent. The company is burning cash with negative operating cash flow of -$8.2M and negative free cash flow of -$23.6M, while carrying $697.1M in long-term debt that cannot be serviced given negative operating income of -$15.4M and an interest coverage ratio of -0.5x. Revenue is declining and the company is unprofitable with an -11.8% net margin, presenting an existential solvency risk.

ChatGPT

Cumulus Media's fundamentals are weak, with declining revenue, negative operating and net margins, and negative free cash flow, indicating a business under earnings and cash generation pressure. The balance sheet is stressed by negative equity, high long-term debt, and negative interest coverage, which materially increases financial risk even though near-term liquidity appears adequate.

Why Buy Cumulus Media Inc. Stock? CMLSQ Key Strengths

Claude
  • + Current ratio of 1.74x provides near-term liquidity cushion
  • + Cash position of $90.4M offers temporary runway for operations
  • + Radio broadcasting represents established industry with known business model
ChatGPT
  • + Current and quick ratios of 1.74x suggest acceptable near-term liquidity
  • + Cash balance of $90.41M provides some short-term operating flexibility
  • + Large revenue base of $553.62M indicates the company still has meaningful operating scale

CMLSQ Stock Risks: Cumulus Media Inc. Investment Risks

Claude
  • ! Negative stockholders equity of -$56.9M indicates technical insolvency and equity value destruction
  • ! Negative free cash flow of -$23.6M and negative operating cash flow unsustainable long-term
  • ! Debt-to-asset ratio of 63% with $697.1M long-term debt cannot be serviced given -$15.4M operating income and -0.5x interest coverage
  • ! Declining revenue (-2.1% YoY) in structurally challenged radio broadcasting industry
  • ! Negative net income of -$65.6M and deteriorating EPS trend (-145.8% YoY) signal operational deterioration
  • ! Zero insider buying activity suggests management has lost confidence in turnaround prospects
ChatGPT
  • ! Revenue declined year over year while profitability remained negative, pointing to weak operating momentum
  • ! Negative free cash flow and negative operating cash flow reduce financial flexibility
  • ! Negative stockholders equity, $697.12M of long-term debt, and -0.5x interest coverage signal significant balance sheet stress

Key Metrics to Watch

Claude
  • * Operating cash flow trend - critical to assess ongoing viability and debt service capacity
  • * Debt refinancing and covenant compliance - company must restructure or face default within 12-24 months
  • * Revenue stabilization - need evidence of revenue inflection before considering thesis change
  • * Stockholders equity - path back to positive equity is essential for long-term survival
ChatGPT
  • * Operating cash flow and free cash flow trend
  • * Revenue trend and interest coverage improvement

Cumulus Media Inc. (CMLSQ) Financial Metrics & Key Ratios

Revenue
$553.6M
Net Income
$-65.6M
EPS (Diluted)
$-3.78
Free Cash Flow
$-23.6M
Total Assets
$1.1B
Cash Position
$90.4M

💡 AI Analyst Insight

Cumulus Media Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

CMLSQ Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -2.8%
Net Margin -11.8%
ROE N/A
ROA -6.1%
FCF Margin -4.3%

CMLSQ vs Telecom Sector: How Cumulus Media Inc. Compares

How Cumulus Media Inc. compares to Telecom sector averages

Net Margin
CMLSQ -11.8%
vs
Sector Avg 14.0%
CMLSQ Sector
ROE
CMLSQ 0.0%
vs
Sector Avg 15.0%
CMLSQ Sector
Current Ratio
CMLSQ 1.7x
vs
Sector Avg 1.0x
CMLSQ Sector
Debt/Equity
CMLSQ 0.0x
vs
Sector Avg 1.2x
CMLSQ Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Cumulus Media Inc. Stock Overvalued? CMLSQ Valuation Analysis 2026

Based on fundamental analysis, Cumulus Media Inc. has mixed fundamental signals relative to the Telecom sector in 2026.

Return on Equity
N/A
Sector avg: 15%
Net Profit Margin
-11.8%
Sector avg: 14%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 1.2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Cumulus Media Inc. Balance Sheet: CMLSQ Debt, Cash & Liquidity

Current Ratio
1.74x
Quick Ratio
1.74x
Debt/Equity
N/A
Debt/Assets
105.3%
Interest Coverage
-0.47x
Long-term Debt
$697.1M

CMLSQ Revenue & Earnings Growth: 5-Year Financial Trend

CMLSQ 5-year financial data: Year 2021: Revenue $916.5M, Net Income -$59.7M, EPS $-2.94. Year 2022: Revenue $953.5M, Net Income $17.3M, EPS $0.83. Year 2023: Revenue $953.5M, Net Income $16.2M, EPS $0.81. Year 2024: Revenue $844.5M, Net Income -$117.9M, EPS $-6.83. Year 2025: Revenue $827.1M, Net Income -$283.3M, EPS $-16.79.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Cumulus Media Inc.'s revenue has remained relatively flat over the 5-year period, with a 10% decline. The most recent EPS of $-16.79 indicates the company is currently unprofitable.

CMLSQ Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-4.3%
Free cash flow / Revenue

CMLSQ Quarterly Earnings & Performance

Quarterly financial performance data for Cumulus Media Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $180.3M -$10.3M $-0.61
Q2 2025 $186.0M -$12.8M $-0.74
Q1 2025 $187.3M -$14.2M $-0.85
Q3 2024 $203.6M -$1.1M $0.16
Q2 2024 $204.8M -$1.1M $-0.06
Q1 2024 $200.1M -$14.2M $-0.85
Q3 2023 $207.4M -$905.0K $0.16
Q2 2023 $210.1M -$905.0K $-0.06

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Cumulus Media Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$8.2M
Cash generated from operations
Capital Expenditures
$15.5M
Investment in assets
Dividends
None
No dividend program

CMLSQ SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Cumulus Media Inc. (CIK: 0001058623)

📋 Recent SEC Filings

Date Form Document Action
Apr 10, 2026 10-K cmls-20251231.htm View →
Apr 10, 2026 8-K cmls-20260410.htm View →
Mar 5, 2026 8-K tm267873d1_8k.htm View →
Jan 15, 2026 8-K cmls-20260114.htm View →
Oct 30, 2025 10-Q cmls-20250930.htm View →

Frequently Asked Questions about CMLSQ

What is the AI rating for CMLSQ?

Cumulus Media Inc. (CMLSQ) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 92% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CMLSQ's key strengths?

Claude: Current ratio of 1.74x provides near-term liquidity cushion. Cash position of $90.4M offers temporary runway for operations. ChatGPT: Current and quick ratios of 1.74x suggest acceptable near-term liquidity. Cash balance of $90.41M provides some short-term operating flexibility.

What are the risks of investing in CMLSQ?

Claude: Negative stockholders equity of -$56.9M indicates technical insolvency and equity value destruction. Negative free cash flow of -$23.6M and negative operating cash flow unsustainable long-term. ChatGPT: Revenue declined year over year while profitability remained negative, pointing to weak operating momentum. Negative free cash flow and negative operating cash flow reduce financial flexibility.

What is CMLSQ's revenue and growth?

Cumulus Media Inc. reported revenue of $553.6M.

Does CMLSQ pay dividends?

Cumulus Media Inc. does not currently pay dividends.

Where can I find CMLSQ SEC filings?

Official SEC filings for Cumulus Media Inc. (CIK: 0001058623) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CMLSQ's EPS?

Cumulus Media Inc. has a diluted EPS of $-3.78.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is CMLSQ a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Cumulus Media Inc. has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is CMLSQ stock overvalued or undervalued?

Valuation metrics for CMLSQ: ROE of N/A (sector avg: 15%), net margin of -11.8% (sector avg: 14%). Compare these metrics with sector averages to assess valuation.

Should I buy CMLSQ stock in 2026?

Our dual AI analysis gives Cumulus Media Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CMLSQ's free cash flow?

Cumulus Media Inc.'s operating cash flow is $-8.2M, with capital expenditures of $15.5M. FCF margin is -4.3%.

How does CMLSQ compare to other Telecom stocks?

Vs Telecom sector averages: Net margin -11.8% (avg: 14%), ROE N/A (avg: 15%), current ratio 1.74 (avg: 1).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 22, 2026 | Data as of: 2025-09-30 | Powered by Claude AI