AMC Global Media (AMCX) Q3 FY2026 earnings: revenue $566 million, up 0.8% on the year

AMC Global Media Inc. (AMCX) reported revenue of $566 million for Q3 FY2026, the quarter ended 30 September 2026, up 0.8% on the same quarter a year earlier. Net income was -$47 million, and diluted earnings per share $-1.13. The figures are the company's own, from the 10-Q it filed with the SEC on 9 November 2026.

Revenue

$566 million

+0.8% on the year · +3.4% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

-7.4%

9.9% a year earlier

Q4 FY2024Q3 FY2026

Net income

-$47 million

Q4 FY2024Q3 FY2026

Diluted EPS

-$1.13

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 1 new.

Consolidated revenue grew in quarter: Quarterly net revenues were $566 million, up 0.8% from a year earlier. Nine-month net revenues fell 3.6%. Management attributed the quarter's growth to licensing and streaming.
Operating loss against prior profit: The company reported an operating loss of $42 million, against operating income of $56 million a year earlier. Adjusted operating income was $70 million, down from $94 million.
Domestic profit fell on expenses: Segment adjusted operating income fell 21% to $89 million. Management said the decline was primarily driven by increased technical and operating expenses.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	566	547	562	+3.4%	+0.8%
Cost of revenue	314	289	291	+8.6%	+7.8%
Gross profit	252	259	271	-2.5%	-6.8%
Gross margin	44.6%	47.3%	48.2%
Selling, general and administrative	191	225	189	-15.0%	+0.9%
Operating income	-41.6	15.9	55.5
Operating margin	-7.4%	2.9%	9.9%
Interest expense	41.4	42.7	44.6	-3.0%	-7.2%
Pre-tax income	-82.7	-24.4	123
Income tax	-36.7	-4.7	42.8
Effective tax rate	n/a	n/a	34.8%
Net income	-47.4	-21.9	76.5
Net margin	-8.4%	-4.0%	13.6%
Diluted EPS	-$1.13	-$0.51	$1.38

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	-41.8	57.2	44.8
Capital expenditure	10.6	13.9	2.8	-23.8%	+274.8%
Free cash flow	-52.4	43.3	42.0
Free cash flow margin	-9.3%	7.9%	7.5%
Cash from investing	15.9	-14.7	-2.1
Cash from financing	-0.7	-126	-191
Depreciation and amortisation	19.4	16.8	21.4	+15.6%	-9.0%
Share-based compensation	6.1	7.5	6.0	-18.6%	+1.3%
Buybacks	0.0	n/a	0.0
Diluted shares, weighted	42m	43m	56m	-2.7%	-25.6%
Shares outstanding at period end	41m	41m	44m	-0.2%	-5.4%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	863	911	1,053	-5.3%	-18.0%
Non-controlling interest	36.5	35.1	30.4	+3.8%	+20.0%
Redeemable equity	n/a	n/a	60.4
Debt	1,663	1,661	1,919	+0.1%	-13.3%
Operating lease liabilities	71.2	67.8	31.9	+5.0%	+123.5%
Finance lease liabilities	10.3	10.8	11.0	-5.2%	-6.6%
Other liabilities	1,021	1,041	1,104	-1.9%	-7.5%
Total liabilities and equity	3,665	3,727	4,209	-1.7%	-12.9%
Fixed assets	109	111	124	-1.5%	-11.9%
Goodwill	163	165	260	-1.3%	-37.3%
Intangible assets	162	169	197	-4.6%	-17.8%
Cash and equivalents	440	464	717	-5.1%	-38.6%
Receivables	532	547	572	-2.7%	-6.9%
Other assets	2,259	2,271	2,341	-0.5%	-3.5%
Total assets	3,665	3,727	4,209	-1.7%	-12.9%

Questions

What was AMC Global Media's revenue in Q3 FY2026?

AMC Global Media (AMCX) reported revenue of $566 million for Q3 FY2026, the quarter ended 30 September 2026, up 0.8% on the same quarter a year earlier.

How much did AMC Global Media earn in Q3 FY2026?

Net loss for Q3 FY2026 was $47 million, and the diluted loss per share $1.13.

When did AMC Global Media report Q3 FY2026 results?

AMC Global Media filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 9 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	804	712	738	682	965	717	679	637	679	596	626	600	599	555	600	562	595	542	547	566
Cost of revenue	434	284	326	293	612	327	322	285	394	272	281	288	293	267	284	291	299	283	289	314
Gross profit	369	428	412	388	352	391	357	352	285	325	345	312	307	288	316	271	296	259	259	252
Gross margin	46%	60%	56%	57%	37%	54%	53%	55%	42%	54%	55%	52%	51%	52%	53%	48%	50%	48%	47%	45%
SG&A	282	231	232	208	226	186	194	187	197	189	208	192	193	198	222	189	209	202	225	191
Operating income	63.6	175	153	151	-392	173	106	121	-11.4	110	10.8	93.7	-254	64.2	64.5	55.5	-50.9	31.3	15.9	-41.6
Operating margin	8%	25%	21%	22%	-41%	24%	16%	19%	-2%	18%	2%	16%	-42%	12%	11%	10%	-9%	6%	3%	-7%
Interest expense	31.4	30.8	32.0	34.3	36.7	37.6	38.9	38.8	37.4	32.8	43.2	45.1	45.0	43.4	42.5	44.6	41.9	41.3	42.7	41.4
Pre-tax income	40.4	152	123	118	-424	148	84.3	91.6	-28.0	81.0	-21.4	66.3	-300	37.1	68.8	123	-80.7	-23.9	-24.4	-82.7
Tax rate	41%	27%	27%	24%	n/a	25%	26%	26%	n/a	29%	n/a	30%	n/a	40%	23%	35%	n/a	n/a	n/a	n/a
Net income	17.0	104	83.4	84.7	-265	104	70.2	63.4	-21.8	45.8	-29.2	41.4	-284	18.0	50.3	76.5	-55.5	-18.9	-21.9	-47.4
Net margin	2%	15%	11%	12%	-27%	14%	10%	10%	-3%	8%	-5%	7%	-47%	3%	8%	14%	-9%	-3%	-4%	-8%
Diluted EPS	$0.37	$2.38	$1.91	$1.94	-$6.11	$2.36	$1.60	$1.44	-$0.50	$1.03	-$0.66	$0.76	-$6.38	$0.34	$0.91	$1.38	-$1.26	-$0.43	-$0.51	-$1.13
Operating cash flow	99.5	-23.6	40.7	19.4	145	-133	158	106	72.8	151	104	62.2	58.1	109	103	44.8	49.2	67.5	57.2	-41.8
Capital expenditure	12.6	11.5	10.0	12.0	10.8	11.5	10.0	6.9	6.8	6.7	9.2	8.3	20.5	14.6	7.0	2.8	8.8	2.7	13.9	10.6
Free cash flow	86.9	-35.1	30.7	7.5	134	-144	148	99.2	66.0	144	95.2	53.9	37.6	94.2	95.7	42.0	40.4	64.8	43.3	-52.4
Buybacks	0.0	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.0	n/a	n/a	n/a	0.0	n/a	n/a	n/a	0.0
Shares outstanding	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	44m	45m	43m	44m	43m	44m	41m	41m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 9 November 2026: the filing.