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AMC Global Media Inc. (AMCX) stock

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NASDAQ: AMCX Nasdaq Broadcasting Next results ~November 9, 2026

C Fundamentals grade

AMC Global Media Inc. is a US-listed company in the broadcasting industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: our cash-flow value ($117.08) was left out of our combined valuation (it is 14.56x the share price, outside the 0.2-5x range we accept), so it can't be the basis of a rating.

Price vs value

Under review: our cash-flow value ($117.08) was left out of our combined valuation (it is 14.56x the share price, outside the 0.2-5x range we accept), so it can't be the basis of a rating. We'll show the comparison once resolved.

AMC Global Media Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 1 selling0 purchases and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds85 adding, 74 cuttingOf 30 active managers that changed their stake, 14 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter AMC Global Media files

Where AMC Global Media stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $2.25bn, down 4.6% on a year earlier, a steeper fall than the 3.4% decline a quarter earlier. Free-cash-flow margin fell to 8.5% from 12.0% a year earlier. Operating margin widened to 2.3% from -1.4%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 2 of our 7 financial-health checks.

Our model value for AMC Global Media is under review, so past values are not shown until it is resolved.

Source: 10-Q filed July 30, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 9, 2026 (estimated)

AMC Global Media Inc.'s trailing-twelve-month revenue fell 4.6% year on year, with a free-cash-flow margin of 8.5%. Where it stands out: change in share count of -0.8% ranks 3 of 11 broadcasting companies we cover. Where it lags: change in growth rate of -1.2pp ranks 13 of 13 broadcasting companies we cover.

Our discounted-cash-flow model values the business at ~$120 per share in the base case (~$80–$170 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 32.3% while net income grew 88.7%: a 121pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Margins widening. Operating margin is up 3.7 points on a year ago.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 9.1% over 90 days.

Things to watch

  • Results due soon. Results are expected around 6 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 4.6% over the last 12 months.
  • Volatile shares. Over the past year the shares showed annualised volatility of 50% and a beta of 0.6 against the S&P 500.
  • Gross margin slipping. Gross margin is down 3.7 points on a year ago.
  • Below peers: change in growth rate. Change in growth rate of -1.2pp ranks 13 of 13 broadcasting companies we cover (median +1.0pp).
  • Below peers: days sales outstanding. Days sales outstanding of 89 days ranks 11 of 13 broadcasting companies we cover (median 73 days).

Latest results: FY2026 Q2

Filed July 30, 2026
Earnings per share
-$0.28 against an average estimate of -$0.08: missed by 255.2%
Revenue
$547m, down 8.8% on a year earlier
Share reaction
+9.3% in the first session after the results on July 30, 2026, against +2.4% for the S&P 500
Guidance given
expected cash payments from Netflix license agreement $25m (2026); expected annual cash payments from Netflix license agreement $100m (2027)
Next report
November 9, 2026; average EPS estimate -$0.01

AMC Global Media's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.8%
  • 1 week+1.1%
  • 1 month-28.0%
  • This year-15.7%
  • 1 year+5.9%
  • 5 years-81.4%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$2.2B
Operating margin
2.3%
Net margin
-0.9%
EPS (TTM, diluted)
$-0.39

Growth

Revenue growth
−4.6%
Change in growth rate
−1.2 pts
Share count change
−0.8%

Cash

Free cash flow (TTM)
$191M
FCF margin
8.5%
Stock pay % of revenue
1.1%

Earnings

Last results
July 30, 2026
Next results (est.)
November 6, 2026

News & updates

Updated November 3, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Announcement
  3. Announcement
  4. Announcement
  5. Deal
  6. Announcement
  7. Announcement
  8. Announcement
  9. Announcement
  10. Announcement
  11. Announcement
  12. Announcement
  13. Announcement
  14. Results
  15. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

AMC Global Media Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: our cash-flow value ($117.08) was left out of our combined valuation (it is 14.56x the share price, outside the 0.2-5x range we accept), so it can't be the basis of a rating.

Our value per share comes from a discounted-cash-flow model of AMC Global Media Inc.'s free cash flow after stock-based pay ( $375M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value AMC Global Media Inc. as an operating company, with every model that fits that kind of business. Cost of equity 8.8%: the 10-year Treasury yield (4.9%) plus a beta of 0.86 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$120 ~$80–$170 Left out: out of range vs price (14.58x)
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: This model is withheld pending its input or assumption review.
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$11 ~$6.5–$17 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$5.7 ~$4.8–$6.8 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare AMC Global Media Inc. with Broadcasting in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$74.68$52.34$54.08$54.88$39.50$35.77$34.44$15.67$18.79$9.90$9.52$8.03
Market value$5.5bn$3.8bn$3.5bn$3.2bn$2.3bn$1.9bn$1.5bn$685m$827m$440m$539m$402m
+ Net debt (− = net cash)$2.4bn$2.4bn−$559m$2.6bn$2.3bn$2.0bn$2.0bn$1.9bn$1.8bn$1.6bn$1.3bn$1.3bn
Enterprise value$7.9bn$6.2bn$3.0bn$5.8bn$4.6bn$3.8bn$3.5bn$2.6bn$2.6bn$2.0bn$1.8bn$1.7bn
Multiples
Price / sales 2.1x1.4x1.3x1.1x0.7x0.7x0.5x0.2x0.3x0.2x0.2x0.2x
Price / earnings 14.9x14.0x7.5x7.3x5.9x7.7x6.0x90.2x3.8x—6.0x—
Price / free cash flow 18.1x8.7x11.6x6.3x5.7x2.6x14.8x5.0x4.9x1.3x2.0x2.1x
EV / EBITDA 9.9x8.3x3.7x7.1x6.3x7.0x6.0x13.4x5.3x34.7x8.0x12.2x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

65 /100

Moderate moat

How hard AMC Global Media's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 19 / 20

    Cash operating profit has been a median 14.4% of total assets over 10 years.

  • Pricing power 17 / 20

    Gross margin has been a median 51.4%, moving by 1.5 percentage points (standard deviation) across 10 years.

  • Durability 4 / 20

    Operating margin has been a median 15.4%; its worst year was -1.4%.

  • Cash conversion 16 / 20

    Free cash flow was positive in 9 of 10 years, at a median 13.5% of revenue.

  • Discipline 14 / 20

    The diluted share count rose 8.3% over five years; stock-based pay has been a median 1.4% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (70 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 9, 2026, after the close. Analysts expect revenue of $585m and EPS of −$0.01 (range −$0.80 to $0.95) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $2.26 +12% $2.4bn +5%
Next $2.64 +17% $2.4bn −1%

Next year's EPS estimate has moved +9.1% in 90 days, across 7 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −13.2% on 90 days ago. In the last 30 days, 0 analysts raised AMC Global Media Inc.'s forecast and 1 cut it.

Consensus EPS forecast AMC Global Media Inc., last 90 days
$2.20 $2.40 $2.60 $2.80 $3.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $2.61 Current fiscal year, 60 days ago: $2.88 Current fiscal year, 30 days ago: $2.47 Current fiscal year, 7 days ago: $2.25 Current fiscal year, Now: $2.26 $2.26 Next fiscal year, 90 days ago: $2.42 Next fiscal year, 60 days ago: $2.77 Next fiscal year, 30 days ago: $2.74 Next fiscal year, 7 days ago: $2.64 Next fiscal year, Now: $2.64 $2.64

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $2.61$2.42
60 days ago $2.88$2.77
30 days ago $2.47$2.74
7 days ago $2.25$2.64
Now $2.26$2.64

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.08 −$0.28 −255.2%
Mar 2026 $0.21 $0.08 −62.3%
Dec 2025 $0.66 $0.64 −3.7%
Sept 2025 $0.34 $0.18 −47.4%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, July 30, 2026
  • Expected cash payments from Netflix license agreement · The Walking Dead Universe license agreement 2026 about $25m
    “The Company expects to receive cash payments of approximately $25 million in 2026.” source
  • Expected annual cash payments from Netflix license agreement · The Walking Dead Universe license agreement 2027 about $100m
    “The Company expects to receive annual cash payments of approximately $100 million in 2027, 2028, 2029 and 2030, and expects to receive the remaining amount in 2031.” source
  • Expected annual cash payments from Netflix license agreement · The Walking Dead Universe license agreement 2028 about $100m
    “The Company expects to receive annual cash payments of approximately $100 million in 2027, 2028, 2029 and 2030, and expects to receive the remaining amount in 2031.” source
  • Expected annual cash payments from Netflix license agreement · The Walking Dead Universe license agreement 2029 about $100m
    “The Company expects to receive annual cash payments of approximately $100 million in 2027, 2028, 2029 and 2030, and expects to receive the remaining amount in 2031.” source
  • Expected annual cash payments from Netflix license agreement · The Walking Dead Universe license agreement 2030 about $100m
    “The Company expects to receive annual cash payments of approximately $100 million in 2027, 2028, 2029 and 2030, and expects to receive the remaining amount in 2031.” source
  • Annual revenue related to the Netflix license agreement · The Walking Dead Universe license agreement 2026 $200m to $225m
    “In each of 2026 and 2027, the Company expects to recognize annual revenue related to the license agreement between $200 million to $225 million.” source
Show 1 more item
  • Annual revenue related to the Netflix license agreement · The Walking Dead Universe license agreement 2027 $200m to $225m
    “In each of 2026 and 2027, the Company expects to recognize annual revenue related to the license agreement between $200 million to $225 million.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows AMC Global Media Inc.'s revenue by +5.7% next year and +1.0% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+7.5%, weight 66%) and the company's own record (+2.0%, weight 34%) . How the weights are set.

Analyst recommendations

8 analysts, Nov 2026
Buy113%
Hold450%
Sell338%

Monthly trend

  1. Nov 202614218
  2. Oct 20265218
  3. Sep 20264228

Counts of recommendations published by analysts covering AMC Global Media Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
18.1%
of tradable shares
Days to cover
8.43
at average volume
Short interest, 1 month
−18%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
6.5%
of shares
Employees
1,675
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +5.9%

$7.58 on October 31, 2025 to $8.03

ThenNowEffect
Revenue (last 12 months) $2.4bn $2.2bn −4.6%
P/S multiple 0.2x 0.2x +10.1%
Share count 50m 50m +0.8%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −46.5%

$15.00 on November 3, 2023 to $8.03

ThenNowEffect
Revenue (last 12 months) $3.0bn $2.2bn −26.2%
P/S multiple 0.2x 0.2x −17.2%
Share count 44m 50m −12.4%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
AMCX−4%−55%+20%−47%−4%−16%
Industry peers (median)+28%−32%−9%−38%+12%−11%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
AMCX33%33%75%33%42%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
AMCX−57%−68%−63%−62%−47%−41%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 93% from December 7, 2015 to April 8, 2025. Getting back needed a 1399% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$6.52 – $12.85
From 52-week high
−37.5%
vs 50-day average
−27.7%
vs 200-day average
−15.3%
Volatility (1 year)
50%
Beta vs S&P 500
0.60

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±9.7%
After a week
8 up, 4 down
typical move ±11.3%
After a month
8 up, 4 down
typical move ±21.9%
Results releasedNext dayS&P 500 next day5 days21 days
July 30, 2026 +9.3% +2.4% +15.8% +23.5%
May 8, 2026 −4.3% +1.1% −3.0% +15.9%
February 11, 2026 −4.6% −1.6% +12.2% −6.1%
November 7, 2025 +11.6% +1.7% +7.6% +34.1%
August 8, 2025 +12.7% +0.6% +18.3% +29.2%
May 9, 2025 −5.5% +3.2% +0.6% +13.7%
February 14, 2025 −15.4% +0.3% −21.8% −27.8%
November 8, 2024 +4.7% +0.5% +10.8% +15.2%
August 9, 2024 −12.4% +0.5% −4.0% −24.0%
May 10, 2024 +10.9% +0.1% +13.7% +23.5%
February 9, 2024 −13.7% +0.5% −21.8% −26.1%
November 3, 2023 +11.2% +1.1% +5.8% +23.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

AMC Global Media Inc. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) AMC Global Media Inc.
$2.2B $2.4B $2.6B $2.8B $3B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $3B Revenue (TTM), FY23 Q4: $2.7B Revenue (TTM), FY24 Q1: $2.6B Revenue (TTM), FY24 Q2: $2.5B Revenue (TTM), FY24 Q3: $2.5B Revenue (TTM), FY24 Q4: $2.4B Revenue (TTM), FY25 Q1: $2.4B Revenue (TTM), FY25 Q2: $2.4B Revenue (TTM), FY25 Q3: $2.3B Revenue (TTM), FY25 Q4: $2.3B Revenue (TTM), FY26 Q1: $2.3B Revenue (TTM), FY26 Q2: $2.2B $2.2B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $3B
FY23 Q4 $2.7B
FY24 Q1 $2.6B
FY24 Q2 $2.5B
FY24 Q3 $2.5B
FY24 Q4 $2.4B
FY25 Q1 $2.4B
FY25 Q2 $2.4B
FY25 Q3 $2.3B
FY25 Q4 $2.3B
FY26 Q1 $2.3B
FY26 Q2 $2.2B
Revenue growth, TTM YoY AMC Global Media Inc.
-20% -15% -10% -5% 0% 5% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 2.1% Revenue growth, TTM YoY, FY23 Q4: -12.4% Revenue growth, TTM YoY, FY24 Q1: -16.5% Revenue growth, TTM YoY, FY24 Q2: -16.6% Revenue growth, TTM YoY, FY24 Q3: -16.6% Revenue growth, TTM YoY, FY24 Q4: -10.7% Revenue growth, TTM YoY, FY25 Q1: -8.1% Revenue growth, TTM YoY, FY25 Q2: -7.3% Revenue growth, TTM YoY, FY25 Q3: -7.4% Revenue growth, TTM YoY, FY25 Q4: -4.5% Revenue growth, TTM YoY, FY26 Q1: -3.4% Revenue growth, TTM YoY, FY26 Q2: -4.6% -4.6%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 2.1%
FY23 Q4 -12.4%
FY24 Q1 -16.5%
FY24 Q2 -16.6%
FY24 Q3 -16.6%
FY24 Q4 -10.7%
FY25 Q1 -8.1%
FY25 Q2 -7.3%
FY25 Q3 -7.4%
FY25 Q4 -4.5%
FY26 Q1 -3.4%
FY26 Q2 -4.6%
Operating margin (TTM) AMC Global Media Inc.
-5% 0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 0.3% Operating margin (TTM), FY23 Q4: 14.3% Operating margin (TTM), FY24 Q1: 12.6% Operating margin (TTM), FY24 Q2: 9.1% Operating margin (TTM), FY24 Q3: 8.1% Operating margin (TTM), FY24 Q4: -1.6% Operating margin (TTM), FY25 Q1: -3.6% Operating margin (TTM), FY25 Q2: -1.4% Operating margin (TTM), FY25 Q3: -3.0% Operating margin (TTM), FY25 Q4: 5.8% Operating margin (TTM), FY26 Q1: 4.4% Operating margin (TTM), FY26 Q2: 2.3% 2.3%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 0.3%
FY23 Q4 14.3%
FY24 Q1 12.6%
FY24 Q2 9.1%
FY24 Q3 8.1%
FY24 Q4 -1.6%
FY25 Q1 -3.6%
FY25 Q2 -1.4%
FY25 Q3 -3.0%
FY25 Q4 5.8%
FY26 Q1 4.4%
FY26 Q2 2.3%
FCF margin (TTM) AMC Global Media Inc.
5% 10% 15% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 7.9% FCF margin (TTM), FY23 Q4: 6.2% FCF margin (TTM), FY24 Q1: 17.6% FCF margin (TTM), FY24 Q2: 15.9% FCF margin (TTM), FY24 Q3: 14.4% FCF margin (TTM), FY24 Q4: 13.7% FCF margin (TTM), FY25 Q1: 11.8% FCF margin (TTM), FY25 Q2: 12.0% FCF margin (TTM), FY25 Q3: 11.6% FCF margin (TTM), FY25 Q4: 11.8% FCF margin (TTM), FY26 Q1: 10.6% FCF margin (TTM), FY26 Q2: 8.5% 8.5%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 7.9%
FY23 Q4 6.2%
FY24 Q1 17.6%
FY24 Q2 15.9%
FY24 Q3 14.4%
FY24 Q4 13.7%
FY25 Q1 11.8%
FY25 Q2 12.0%
FY25 Q3 11.6%
FY25 Q4 11.8%
FY26 Q1 10.6%
FY26 Q2 8.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar AMC Global Media took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $2.3B
  2. Cost of revenue $1.1B · 49.4%
  3. Gross profit $1.2B · 50.6%
  4. Selling, general and admin $818M · 35.4%
  5. Other operating costs $219M · 9.5%
  6. Operating income $133M · 5.8%
  7. Income tax $46.2M · 2.0%
  8. Net income $89.4M · 3.9%

Shares of revenue. Source: AMC Global Media's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 1,078 1,188 1,353 1,592 2,176 2,581 2,756 2,806 2,972 3,060 2,815 3,078 3,097 2,712 2,421 2,312 2,246
Gross profit 712 762 845 930 1,192 1,444 1,476 1,465 1,526 1,553 1,413 1,646 1,581 1,384 1,289 1,170 1,084
EBITDA 386 426 448 637 615 792 742 817 818 726 547 584 194 496 58 228 137
Operating income 280 327 363 582 546 709 658 722 727 625 443 490 87 388 −40 133 52
Net income 80 126 137 291 261 367 271 471 446 380 240 251 8 215 −227 89 −20
Diluted EPS $1.16 $1.79 $1.89 $4.00 $3.58 $5.01 $3.74 $7.18 $7.57 $6.67 $4.64 $5.77 $0.17 $4.90 −$5.10 $1.66 −$0.39
Growth (year on year)
Revenue — +10.1% +13.9% +17.7% +36.7% +18.6% +6.8% +1.8% +5.9% +3.0% −8.0% +9.3% +0.6% −12.4% −10.7% −4.5% −4.6%
EBITDA — +10.4% +5.1% +42.1% −3.4% +28.7% −6.3% +10.1% +0.1% −11.2% −24.7% +6.7% −66.7% +155.4% −88.2% +289.9% +124.1%
Operating income — +16.7% +11.1% +60.4% −6.2% +29.8% −7.3% +9.9% +0.6% −14.0% −29.2% +10.7% −82.3% +346.9% −110.2% — —
Net income — +57.9% +8.0% +112.9% −10.3% +40.6% −26.2% +74.2% −5.3% −14.7% −36.9% +4.4% −97.0% — −205.1% — —
Diluted EPS — +54.3% +5.6% +111.6% −10.5% +39.9% −25.3% +92.0% +5.4% −11.9% −30.4% +24.4% −97.1% — −204.1% — —
Margins
Gross margin 66.0% 64.1% 62.5% 58.4% 54.8% 55.9% 53.6% 52.2% 51.3% 50.8% 50.2% 53.5% 51.0% 51.0% 53.2% 50.6% 48.3%
EBITDA margin 35.8% 35.9% 33.1% 40.0% 28.3% 30.7% 26.9% 29.1% 27.5% 23.7% 19.4% 19.0% 6.3% 18.3% 2.4% 9.9% 6.1%
Operating margin 26.0% 27.5% 26.8% 36.6% 25.1% 27.5% 23.9% 25.7% 24.5% 20.4% 15.7% 15.9% 2.8% 14.3% −1.6% 5.8% 2.3%
Net margin 7.4% 10.6% 10.1% 18.3% 12.0% 14.2% 9.8% 16.8% 15.0% 12.4% 8.5% 8.1% 0.2% 7.9% −9.4% 3.9% −0.9%
Free-cash-flow margin 23.1% 20.2% 40.7% −4.6% 15.4% 11.7% 15.8% 10.9% 17.4% 12.8% 24.9% 3.3% 4.4% 6.2% 13.7% 11.8% 8.5%
Cash flow
Cash from operations 266 255 569 −49 376 370 514 386 607 484 749 143 182 204 376 306 219
Capital spending 17 15 19 24 40 68 79 80 90 92 47 43 44 35 45 33 28
Free cash flow 249 240 551 −74 336 302 435 306 517 392 702 101 138 169 331 272 191
Stock-based pay 16 16 17 20 28 31 39 54 61 64 53 48 30 26 26 25 25
Free cash flow after stock pay 232 224 533 −94 308 271 396 252 456 328 649 53 108 143 305 247 165
Balance sheet
Cash 80 216 611 522 201 316 481 559 555 816 889 892 930 571 785 502 464
Total debt 0 2,322 2,180 2,180 2,780 2,706 2,858 — 3,153 3,131 2,875 2,875 2,841 2,382 2,369 1,778 1,736
Net debt (negative = net cash) −80 2,106 1,569 1,658 2,579 2,390 2,377 −559 2,598 2,315 1,986 1,983 1,911 1,812 1,585 1,276 1,272
Diluted shares 69m 71m 72m 73m 73m 73m 72m 66m 59m 57m 52m 43m 44m 44m 44m 57m 50m
Returned to shareholders
Buybacks 0 2 16 12 0 0 223 434 283 71 357 0 0 0 0 18 —
Total returned 0 2 16 12 0 0 223 434 283 71 357 0 0 0 0 18 —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 7 checks passed · June 30, 2026
What it owns · $3.7bn
Short-term assets $1.3bnLonger-term assets $2.5bn
What it owes, and who funded it · $3.7bn
Short-term liabilities $717mLonger-term liabilities $2.1bnShareholders' equity $911m
  • Short-term assets cover short-term liabilities $1.3bn of assets due within a year against $717m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.3bn short-term assets against $2.1bn of longer-dated liabilities.
  • More cash than debt $464m of cash against $1.7bn of debt.
  • Debt below 40% of shareholders' equity Debt is 182% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 330% to 182% over five years.
  • A year's operating cash flow covers at least 20% of debt $219m of operating cash flow against $1.7bn of debt.
  • Operating profit covers interest at least five times over Operating income of $52m against $171m of interest.

From AMC Global Media Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Buybacks, last 3 fiscal years
$18M
Diluted share count
−0.8%
year over year
Sales & admin spending
36.7%
of revenue
Days sales outstanding
89 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in broadcasting
Last 12 months unless stated AMCX SSP GTN SBGI IHRT NXST Median
Revenue, last 12 months $2.2bn $2.1bn $3.1bn $3.3bn $4.0bn $5.9bn $2.2bn
Revenue growth, last 12 months −4.6% −14.2% −11.3% −6.5% 3.1% 10.5% −4.9%
Revenue growth, 3-year average −9.6% −4.5% −4.3% −0.9% 1.2% 3.8% −2.9%
Revenue growth, latest quarter −8.8% −9.2% 8.7% 7.1% 4.7% 62.2% −0.1%
Operating margin 2.3% −50.3% 13.8% 6.6% 0.2% 17.8% 1.4%
Operating margin, 3-year average 3.3% −11.8% 16.4% 4.3% −5.4% 19.0% 0.4%
Net margin −0.9% −58.0% −0.8% 1.6% −7.2% 3.2% −0.9%
Cash from operations / revenue 9.7% 4.0% 7.9% 5.3% 3.0% 15.2% 6.6%
Free-cash-flow margin 8.5% 1.7% 4.6% 2.9% 0.9% 12.6% 3.4%
Free-cash-flow margin, 3-year average 12.1% 5.0% 9.0% 2.2% 1.1% 16.2% 5.7%
Stock pay / revenue 1.1% 0.8% 0.7% 1.6% 0.9% 1.7% 1.0%
Change in share count −0.8% 3.0% 1.6% 4.2% 2.1% −1.5% 2.1%

Median of all 13 companies we cover in broadcasting. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

13 broadcasting companies
Measure Company Peer median Rank
Revenue growth Growth -4.6% -4.9% 6 of 13
Change in growth rate Growth -1.2pp +1.0pp 13 of 13
Operating margin Profitability 2.3% 2.3% 6 of 12
Net margin Profitability -0.9% -0.9% 7 of 13
Free-cash-flow margin Cash generation 8.5% 3.4% 4 of 13
Stock pay as % of revenue Cash generation 1.1% 1.1% 6 of 11
Long-term debt as % of assets Balance sheet 44.6% 55.6% 5 of 13
Change in share count Balance sheet -0.8% 2.1% 3 of 11
Days sales outstanding Balance sheet 89 days 73 days 11 of 13

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Domestic Operations $2B 87.0% ▼ 4.3%
International $301M 13.0% ▼ 6.1%
Products and services
Line of business Revenue YoY
Subscriptions $1.5B ▼ 1.3%
SVOD Services $677M ▲ 12.3%
Advertising $581M ▼ 14.2%
Licenses $278M ▲ 1.9%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue Share YoY
United States $1.8B 79.6% ▼ 4.1%
Europe $322M 13.9% ▼ 8.7%
Other Geographic Locations $150M 6.5% ▼ 0.5%

From AMC Global Media Inc.'s 10-K filed February 11, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$338M
Institutions reporting
176
Shares held vs prior quarter
▲ 4.1%
Positions opened / closed
16 / 20

Top buyers and sellers, Q2 2026: 85 institutions bought and 74 sold ; the biggest buyer was Castleknight Management LP (+729K shares) and the biggest seller Charles Schwab Investment Management Inc (−631K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $37.6M 3.8M 11.1% ▲ 11.7%
Allspring Global Investments Holdings, LLC $18.8M 1.8M 5.6% ▲ 33.0%
Castleknight Management LP $18.3M 1.8M 5.4% ▲ 65.7%
American Century Companies Inc $16.8M 1.7M 5.0% ▲ 17.0%
Rwwm, Inc. $14M 1.4M 4.1% ▼ 7.9%
Vanguard Capital Management LLC $13.6M 1.4M 4.0% ▲ 1.6%
Charles Schwab Investment Management Inc $13.2M 1.3M 3.9% ▼ 32.3%
Dimensional Fund Advisors LP $12.6M 1.3M 3.7% ▲ 11.0%
Jpmorgan Chase & Co $12.1M 1.2M 3.6% ▼ 0.5%
Geode Capital Management, LLC $11.5M 1.1M 3.4% ▲ 11.3%
AQR Capital Management LLC $9.6M 960K 2.8% ▲ 21.2%
D. E. Shaw & Co., Inc. $9.2M 924K 2.7% ▲ 6.1%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not AMC Global Media Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $178,998 4 trades by 1 insider · 0% under pre-set plans
Net ▼ $178,998 net selling
Insider Date Trade Shares Price Value
Sherin Michael J. Iii EVP & Chief Accounting Officer September 14, 2026 Sell 10,648 $12.35 $131,503
Sherin Michael J. Iii EVP & Chief Accounting Officer March 10, 2026 Sell 2,400 $7.98 $19,152
Sherin Michael J. Iii EVP & Chief Accounting Officer March 10, 2026 Sell 863 $7.97 $6,878
Sherin Michael J. Iii EVP & Chief Accounting Officer March 10, 2026 Sell 2,700 $7.95 $21,465

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 14 trades and filings

No trades in AMC Global Media Inc. disclosed in the last 12 months; 14 earlier trades on record.

  • Daniel S. Goldman(D-NY 10):Sale (full), $1,001 - $15,000, traded July 12, 2023, filed August 13, 2023
  • Katherine M. Clark(D-MA 5):Sale (full), $1,001 - $15,000, traded April 3, 2020, filed May 29, 2020
  • Katherine M. Clark(D-MA 5):Sale (full), $1,001 - $15,000, traded April 3, 2020, filed May 29, 2020

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 6, 2026 estimated from the company's past filing pattern, not announced

  • July 30, 2026
  • May 8, 2026
  • February 11, 2026
  • November 7, 2025
  • August 8, 2025
  • May 9, 2025

Recent SEC filings

Data status

When each part of this page on AMC Global Media Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

AMC Global Media Inc. in brief

What does AMC Global Media Inc. do?
AMC Global Media Inc. is a US-listed company in the broadcasting industry. Its financial year ends in December.
What is AMC Global Media Inc.'s stock ticker?
AMC Global Media Inc. trades under the ticker AMCX on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is AMC Global Media Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, AMC Global Media Inc. reported revenue of $2.2B, 4.6% lower than a year earlier, according to its SEC filings.
What is AMC Global Media Inc.'s free cash flow?
AMC Global Media Inc.'s free-cash-flow margin is 8.5% of revenue over the trailing twelve months, ranking 4 of the 13 broadcasting companies we cover.
Who are AMC Global Media Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Allspring Global Investments Holdings, LLC and Castleknight Management LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is AMC Global Media Inc.'s market cap?
On November 2, 2026, AMC Global Media Inc.'s market capitalisation was about $402M and net debt of $1.3B. Market figures come from third-party market data and may be delayed.
How much debt does AMC Global Media Inc. have?
AMC Global Media Inc.'s debt-to-equity ratio is 182.3%, from its latest balance sheet (329.5% five years earlier). The financial health section below sets out its other solvency checks.
Who are AMC Global Media Inc.'s competitors?
In our Broadcasting peer group, the companies closest to AMC Global Media Inc. are E.w. Scripps Co, Gray Media, Inc, Sinclair, Inc., Iheartmedia, Inc. and Nexstar Media Group, Inc. The side-by-side comparison below sets their revenue, margins and growth against AMC Global Media Inc.'s.
Are insiders buying or selling AMC Global Media Inc. stock?
Over the last 12 months, AMC Global Media Inc.'s directors and officers reported 0 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is AMC Global Media Inc.'s next earnings date?
Around November 9, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — AMC Global Media Inc. announces its own schedule.