AMCX

EX-99.1

2 amcx-50826ex991.htm

EX-99.1

Document

AMC GLOBAL MEDIA INC. REPORTS FIRST QUARTER 2026 RESULTS

New York, NY – May 8, 2026: AMC Global Media Inc. ("AMC Global Media" or the "Company") (NASDAQ: AMCX) today reported financial results for the first quarter ended March 31, 2026.

Chief Executive Officer Kristin Dolan said: "AMC Global Media delivered another quarter of double-digit streaming revenue growth and robust free cash flow generation. We are tracking to plan across all key metrics and are pleased to reiterate our financial outlook for the year. During this changing time in media, we continue to follow our own differentiated playbook as a studio-driven owner of world-class IP, fully distributed across a wide range of owned and partner platforms."

Operational Highlights:

•Expanded relationship with DISH and Sling TV through new long-term affiliate agreement.

•Expanded distribution of All Reality, our newest targeted streaming service, now available on Roku and Apple.

•Launched new prestige drama, The Audacity, and renewed the series for a second season.

•Greenlit Thunder Road, a new multi-generational racing drama produced in partnership with NASCAR, starring Dennis Quaid.

•Renewed sports docuseries Rise for a new season focused on the New Orleans Saints and the team’s historic run in the years following Hurricane Katrina.

•Announced a new partnership with Meta to make a number of our streaming apps available on the Meta Quest headset.

Financial Highlights – First Quarter Ended March 31, 2026:

•Net cash provided by operating activities of $67 million; Free Cash Flow(1) of $65 million.

•Operating income of $31 million; Adjusted Operating Income(1) of $69 million, with a margin of 13%.

•Net revenues of $542 million decreased 2% from the prior year. Foreign currency translation represented a beneficial impact of approximately 1% to our first quarter growth rate.

◦Streaming revenues of $174 million increased 11% from the prior year; representing over a third of our Domestic Operations segment revenues.

•Diluted EPS of $(0.43); Adjusted EPS(1) of $0.08.

Consolidated Results:

(dollars in thousands, except per share amounts)Three Months Ended March 31,

20262025Change

Net Revenues$542,127 $555,233 (2.4)%

Operating Income$31,261 $64,197 (51.3)%

Adjusted Operating Income$68,974 $104,485 (34.0)%

Diluted Earnings (Loss) Per Share$(0.43)$0.34 n/m

Adjusted Earnings Per Share$0.08 $0.52 (84.6)%

Net cash provided by operating activities$67,467 $108,805 (38.0)%

Free Cash Flow$64,815 $94,185 (31.2)%

n/m - Absolute percentages greater than 100% and comparisons between positive and negative values or zero values are considered not meaningful.

(1) See page 4 of this earnings release for a discussion of non-GAAP financial measures used in this release. This discussion includes the definition of Adjusted Operating Income, Adjusted EPS and Free Cash Flow.

1

Segment Results – Domestic Operations:

(dollars in thousands)Three Months Ended March 31,

20262025Change

Revenues, net:

Subscription$305,282 $313,373 (2.6)%

Advertising112,847 119,248 (5.4)%

Content licensing and other52,558 53,686 (2.1)%

Total revenues, net$470,687 $486,307 (3.2)%

Segment Adjusted Operating Income$92,261 $123,924 (25.6)%

First Quarter Results

•Domestic Operations revenues decreased 3% from the prior year to $471 million.

◦Subscription revenues decreased 3% to $305 million due to a decline in affiliate revenues, partially offset by streaming revenue growth.

▪Streaming revenues increased 11% to $174 million primarily due to the impact of price increases across our services.

◦Streaming subscribers decreased 1% to 10.1 million as compared to 10.2 million subscribers at March 31, 2025.

◦Activations of ad-supported AMC+ under hard-bundle agreements increased 200% year over year to 1.8 million at March 31, 2026. These activations are in addition to our reported streaming subscriber count.

▪Affiliate revenues declined 16% to $131 million primarily due to basic subscriber declines.

◦Advertising revenues decreased 5% to $113 million primarily due to lower marketplace pricing, partially offset by digital advertising growth.

◦Content licensing revenues decreased 2% to $53 million primarily due to the timing and availability of deliveries in the period.

•Segment Adjusted Operating Income decreased 26% to $92 million, with a margin of 20%.

Segment Results – International:

(dollars in thousands)Three Months Ended March 31,

20262025Change

Revenues, net:

Subscription$46,362 $44,702 3.7 %

Advertising23,372 22,608 3.4 %

Content licensing and other2,529 2,636 (4.1)%

Total revenues, net$72,263 $69,946 3.3 %

Segment Adjusted Operating Income$5,437 $9,851 (44.8)%

First Quarter Results

•International revenues increased 3% from the prior year to $72 million. Excluding the favorable impact of foreign currency translation, International revenues decreased 5%.

◦Subscription revenues increased 4% to $46 million p

amcx-20260211FALSE000151499100015149912026-02-112026-02-11

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 11, 2026 Commission File Number: 1-35106

AMC Networks Inc. (Exact name of registrant as specified in its charter)

Nevada27-5403694 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)

11 Penn Plaza,

New York, NY 10001 (Address of principal executive offices)(Zip Code)

(212) 324-8500 (Registrant's telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered Class A Common Stock, par value $0.01 per shareAMCXTheNASDAQStock Market LLC

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging Growth Company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 2.02    Results of Operations and Financial Condition. On February 11, 2026, AMC Networks Inc. (the “Registrant”) issued a press release announcing its financial results for the quarter and year ended December 31, 2025. A copy of the Registrant’s press release is being furnished herewith as Exhibit 99.1 and is incorporated herein by reference in its entirety. The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Registrant under the Securities Act of 1933 or the Exchange Act.

Item 9.01     Financial Statements and Exhibits. (d) Exhibits. The following Exhibit is furnished as part of this Report on Form 8-K:

Exhibit Number  Item

99.1  Press Release issued by the Registrant dated February 11, 2026 announcing its financial results for the quarter and year ended December 31, 2025.

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

AMC Networks Inc.

Date:February 11, 2026 By:/s/ Michael J. Sherin III Michael J. Sherin III Executive Vice President and Chief Accounting Officer

amcx-20251107FALSE000151499100015149912025-11-072025-11-07

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 7, 2025 Commission File Number: 1-35106

AMC Networks Inc. (Exact name of registrant as specified in its charter)

Nevada27-5403694 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)

11 Penn Plaza,

New York, NY 10001 (Address of principal executive offices)(Zip Code)

(212) 324-8500 (Registrant's telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered Class A Common Stock, par value $0.01 per shareAMCXTheNASDAQStock Market LLC

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging Growth Company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 2.02    Results of Operations and Financial Condition. On November 7, 2025, AMC Networks Inc. (the “Registrant”) issued a press release announcing its financial results for the quarter ended September 30, 2025. A copy of the Registrant’s press release is being furnished herewith as Exhibit 99.1 and is incorporated herein by reference in its entirety. The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Registrant under the Securities Act of 1933 or the Exchange Act.

Item 9.01     Financial Statements and Exhibits. (d) Exhibits. The following Exhibit is furnished as part of this Report on Form 8-K:

Exhibit Number  Item

99.1  Press Release issued by the Registrant dated November 7, 2025 announcing its financial results for the quarter ended September 30, 2025.

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

AMC Networks Inc.

Date:November 7, 2025 By:/s/ Michael J. Sherin III Michael J. Sherin III Executive Vice President and Chief Accounting Officer