AMC Networks reported financial results for Q3 2025, transitioning to a streaming and technology-focused content company. Streaming revenue growth increased, with $250 million free cash flow expected for the year. Operational highlights include partnerships with DirecTV and Netflix, new series, and renewals. Domestic operations saw a 8% revenue decline, with streaming revenue growth offsetting affiliate revenue declines.

In Q3 2025, AMC Networks reported a net revenue of $562 million, a 6% decrease from the prior year. Operating income was $56 million, with Adjusted Operating Income of $94 million. Diluted EPS was $1.38, while Adjusted EPS was $0.18. Domestic Operations saw a 8% revenue decline, with streaming revenue growth offsetting affiliate revenue declines. International revenues increased 5% to $77 million.

The Company amended its credit agreement in October, maintaining $175 million in commitments under the Revolving Credit Facility. Additionally, the Company repurchased $9.2 million principal amount of its 4.25% senior notes due 2029 on the open market and retired the repurchased notes. The Board authorized a stock repurchase program for up to $1.5 billion, with $125 million remaining for repurchase. As of October 31, 2025, the Company had 32,042,361 shares of Class A Common Stock and 11,484,408 shares of Class B Common Stock outstanding.

Read more at GlobeNewswire: AMC Networks Inc. Reports Third Quarter 2025 Results