AMC Networks reported its fourth-quarter 2025 earnings Wednesday, revealing U.S. ad sales were down 10% from last year while subscribers across the company’s streaming platforms remained at the prior quarter’s 10.4 million mark.
Wall Street forecast earnings per share (EPS) of 66 cents on $581.8 million in revenue, according to analyst consensus data provided by LSEG. AMC Networks reported adjusted EPS of 64 cents on $595 million in revenue.
“AMC Networks had a successful 2025,” AMC Networks CEO Kristin Dolan said in a letter to shareholders. “Streaming is now the largest single source of revenue in our domestic segment, a significant milestone and inflection point in the ongoing transformation of our business. We delivered free cash flow well ahead of our previously increased forecast and once again achieved our financial guidance for the year. We look forward to continuing to take advantage of our independence and unique strengths as we drive the company forward during a time of change in our industry.”
More to come…
