AMC Networks Inc.
For the period ended Jun 30, 2025. Filed Aug 8, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 8, 2025
AMCX$8.61-3.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)
(in thousands, except per share amounts)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenues, net | $600,024 | $625,934 | $1,155,257 | $1,222,395 |
| Operating expenses: | ||||
| Technical and operating (excluding depreciation and amortization) | 283,876 | 280,727 | 551,222 | 552,303 |
| Selling, general and administrative | 221,704 | 208,176 | 419,679 | 397,057 |
| Depreciation and amortization | 26,446 | 26,493 | 47,372 | 52,319 |
| Impairment and other charges | — | 96,819 | — | 96,819 |
| Restructuring and other related charges | 3,529 | 2,931 | 8,318 | 2,931 |
| Total operating expenses | 535,555 | 615,146 | 1,026,591 | 1,101,429 |
| Operating income | 64,469 | 10,788 | 128,666 | 120,966 |
| Other income (expense): | ||||
| Interest expense | (42,460) | (43,216) | (85,852) | (76,057) |
| Interest income | 8,205 | 9,292 | 16,620 | 18,177 |
| Gain on extinguishment of debt, net | 25,745 | 247 | 25,745 | 247 |
| Miscellaneous, net | 12,819 | 1,493 | 20,707 | (3,697) |
| Total other income (expense) | 4,309 | (32,184) | (22,780) | (61,330) |
| Income (loss) from operations before income taxes | 68,778 | (21,396) | 105,886 | 59,636 |
| Income tax expense | (16,072) | (10,893) | (31,027) | (34,542) |
| Net income (loss) including noncontrolling interests | 52,706 | (32,289) | 74,859 | 25,094 |
| Less: Net (income) loss attributable to noncontrolling interests | (2,417) | 3,055 | (6,521) | (8,525) |
| Net income (loss) attributable to AMC Networks' stockholders | $50,289 | $(29,234) | $68,338 | $16,569 |
| Net income (loss) per share attributable to AMC Networks' stockholders: | ||||
| Basic | $1.12 | $(0.66) | $1.52 | $0.37 |
| Diluted | $0.91 | $(0.66) | $1.25 | $0.37 |
| Weighted average common shares: | ||||
| Basic | 44,868 | 44,466 | 44,845 | 44,267 |
| Diluted | 56,350 | 44,466 | 56,482 | 45,443 |
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