SSP

MKT CAP:$568M

The E.W. Scripps Company

Market Cap

$568M

Communication Services·Broadcasting·🇺🇸 United States·NASDAQ

Communication·Broadcasting·🇺🇸·NASDAQ

Stock Price

$4.86+$0.91 (+23.04%)

Apr 23, 2026

Company Details

The E.W. Scripps Company, together with its subsidiaries, operates as a media enterprise through a portfolio of local and national media brands. The company operates through Local Media, Scripps Network, and Other segments. The Local Media ...

CEO

Adam Symson

IPO Date

Jun 30, 1988

Website

www.scripps.com

Key Metrics TTM

Revenue

$2.3B

-3.3% YoY

Net Income

$23M

EPS (Diluted)

-$0.44

Free Cash Flow

$122M

Revenue / Share

$26.42

Gross Margin

44.4%

Operating Margin

14.4%

Net Margin

1.0%

FCF Margin

5.3%

P/S

0.2x

P/E

24.7x

Earnings Reports

Q4 2025

May 14, 2026

PENDING

Q3 2025

Nov 7, 2025

$526M-18.6%EPS -$0.55

Q2 2025

Aug 8, 2025

$540M-5.8%EPS -$0.59

Q1 2025

May 9, 2025

$524M-6.6%EPS -$0.22

FY 2024

Mar 12, 2025

$2.5B+9.5%EPS $1.01

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$622M	$335M	$124M
Q1 22	$566M	$268M	$71M
Q2 22	$594M	$286M	$89M
Q3 22	$612M	$300M	$104M
Q4 22	$681M	$366M	$164M
Q1 23	$528M	$219M	$16M
Q2 23	$583M	$266M	-$621M
Q3 23	$567M	$245M	$53M
Q4 23	$616M	$279M	-$202M
Q1 24	$561M	$194M	$49M
Q2 24	$574M	$247M	$56M
Q3 24	$646M	$329M	$122M
Q4 24	$728M	$381M	$192M
Q1 25	$524M	$207M	$27M
Q2 25	$540M	$226M	$77M
Q3 25	$526M	$215M	$38M

Valuation

Quarter	P/S	P/E
Q4 21	1.3x	98.3x
Q1 22	1.1x	28.7x
Q2 22	0.5x	9.2x
Q3 22	0.4x	6.1x
Q4 22	0.5x	5.7x
Q1 23	0.3x	5.0x
Q2 23	0.3x	—
Q3 23	0.2x	—
Q4 23	0.3x	—
Q1 24	0.1x	—
Q2 24	0.1x	—
Q3 24	0.1x	—
Q4 24	0.1x	1.2x
Q1 25	0.1x	1.8x
Q2 25	0.1x	2.5x
Q3 25	0.1x	9.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$80M	$65M
Q1 22	$37M	$25M
Q2 22	$69M	$54M
Q3 22	$90M	$82M
Q4 22	$115M	$105M
Q1 23	$15M	$7M
Q2 23	$10M	-$8M
Q3 23	$24M	$6M
Q4 23	$62M	$47M
Q1 24	$45M	$23M
Q2 24	$26M	$3M
Q3 24	$141M	$127M
Q4 24	$153M	$147M
Q1 25	-$3M	-$8M
Q2 25	-$11M	-$23M
Q3 25	$22M	$6M

Capital Expenditures

Quarter	CapEx
Q4 21	$16M
Q1 22	$13M
Q2 22	$15M
Q3 22	$8M
Q4 22	$10M
Q1 23	$8M
Q2 23	$18M
Q3 23	$18M
Q4 23	$16M
Q1 24	$22M
Q2 24	$24M
Q3 24	$13M
Q4 24	$6M
Q1 25	$5M
Q2 25	$12M
Q3 25	$15M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	+168.4%	+136.4%
Q1 22	+161.4%	+95.1%
Q2 22	+103.5%	+73.1%
Q3 22	+81.4%	+61.1%
Q4 22	+9.4%	+3.7%
Q1 23	-6.7%	+3.4%
Q2 23	-2.0%	+138.2%
Q3 23	-7.4%	+1.1%
Q4 23	-9.6%	+58.1%
Q1 24	+6.4%	+0.3%
Q2 24	-1.6%	-57.0%
Q3 24	+14.1%	+2.2%
Q4 24	+18.3%	-34.3%
Q1 25	-6.6%	-3.1%
Q2 25	-5.8%	-10.5%
Q3 25	-18.6%	-6.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$5M	0.8%
Q1 22	$10M	1.9%
Q2 22	$1M	0.2%
Q3 22	$3M	0.5%
Q4 22	$5M	0.7%
Q1 23	$5M	1.0%
Q2 23	$11M	1.8%
Q3 23	$2M	0.4%
Q4 23	$7M	1.2%
Q1 24	$8M	1.3%
Q2 24	$5M	0.9%
Q3 24	$4M	0.6%
Q4 24	$1M	0.2%
Q1 25	$6M	1.1%
Q2 25	$0	0.0%
Q3 25	$1M	0.2%

OpEx Breakdown

Quarter	G&A	S&M
Q4 21	$166M	—
Q1 22	$153M	—
Q2 22	$154M	—
Q3 22	$155M	—
Q4 22	$161M	—
Q1 23	$147M	—
Q2 23	$154M	—
Q3 23	$148M	—
Q4 23	$166M	—
Q1 24	$146M	—
Q2 24	$152M	—
Q3 24	—	$447M
Q4 24	$154M	—
Q1 25	$137M	—
Q2 25	$143M	—
Q3 25	$138M	—

Revenue Segments

Quarter	Core Advertising Revenue	Other Revenue	Political Advertising Revenue	Retransmission Revenue	Distribution Revenue
Q4 21	$450M	$11M	$11M	$150M	—
Q1 22	$393M	$11M	$6M	$156M	—
Q2 22	$389M	$10M	$25M	$170M	—
Q3 22	$371M	$10M	$66M	$165M	—
Q1 23	$349M	$9M	$4M	—	$167M
Q2 23	$367M	$11M	$4M	—	$201M
Q3 23	$346M	$8M	$9M	—	$204M
Q4 23	$383M	$8M	$17M	—	$208M
Q1 24	$334M	$9M	$16M	—	$203M
Q2 24	$337M	$8M	$29M	—	$200M
Q3 24	$316M	$7M	$131M	—	$192M
Q1 25	$323M	$10M	$3M	—	$189M
Q2 25	$332M	$9M	$3M	—	$195M
Q3 25	$323M	$9M	$6M	—	$188M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$35M	$0	$35M
Q2 22	$58M	$0	$58M
Q3 22	$38M	$0	$38M
Q4 22	$18M	$0	$18M
Q1 23	$16M	$0	$16M
Q2 23	$39M	$0	$39M
Q3 23	$16M	$0	$16M
Q4 23	$35M	$0	$35M
Q1 24	$30M	$0	$30M
Q2 24	$27M	$0	$27M
Q3 24	$35M	$0	$35M
Q4 24	$24M	$0	$24M
Q1 25	$24M	$0	$24M
Q2 25	$32M	$0	$32M
Q3 25	$55M	$0	$55M
Q4 25	$28M	$0	$28M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	91M	+12.3%	+10.6%
Q1 22	92M	+1.2%	+12.5%
Q2 22	88M	-4.8%	+8.9%
Q3 22	85M	-2.8%	+5.1%
Q4 22	85M	-0.6%	-7.0%
Q1 23	84M	-1.2%	-9.2%
Q2 23	84M	+0.7%	-4.0%
Q3 23	84M	+0.2%	-1.0%
Q4 23	85M	+0.2%	-0.3%
Q1 24	85M	+0.4%	+1.4%
Q2 24	86M	+0.9%	+1.6%
Q3 24	86M	+0.5%	+1.9%
Q4 24	87M	+0.6%	+2.4%
Q1 25	87M	+0.3%	+2.4%
Q2 25	88M	+1.2%	+2.6%
Q3 25	88M	-0.2%	+2.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$111.1K	6K
Q1 22	$101.0K	6K
Q2 22	$106.2K	6K
Q3 22	$109.3K	6K
Q4 22	$119.5K	6K
Q1 23	$92.6K	6K
Q2 23	$102.3K	6K
Q3 23	$99.4K	6K
Q4 23	$118.4K	5K
Q1 24	$108.0K	5K
Q2 24	$110.3K	5K
Q3 24	$124.3K	5K
Q4 24	$145.7K	5K
Q1 25	$104.9K	5K
Q2 25	$108.0K	5K
Q3 25	$105.2K	5K

Revenue / Employee