Clear Channel Outdoor Revenue Up 8% in 4Q 2025

Consolidated revenue increased by 8% to $462 million, driven by growth in the Bay Area and airport markets.

Published on Feb. 27, 2026

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Clear Channel Outdoor, a leading outdoor advertising company, reported an 8% increase in consolidated revenue to $462 million in the fourth quarter of 2025. The company's American revenue grew 6.1% due to strong performance in the Bay Area and several other markets, while airport revenue jumped 14% thanks to growth in New York, San Francisco, and Washington DC. Adjusted EBITDA also increased 14% to $165 million, aided by revenue growth and a decline in corporate expenses.

Why it matters

The earnings report suggests that Clear Channel Outdoor is regaining its footing after a period of challenges. The company's ability to grow revenue and cash flow, particularly in key markets like the Bay Area, is a positive sign for its long-term prospects, especially as it prepares to go private in a transaction with Mubadala partners.

The details

Clear Channel Outdoor added 16 new billboard displays and 14 new street furniture displays during the fourth quarter of 2025. The company's capital expenditures totaled $22 million for the quarter. The improved financial performance was driven by growth in the company's American operations, which saw a 6.1% increase in revenue, as well as a 14% jump in airport revenue.

  • Clear Channel Outdoor reported its fourth quarter 2025 earnings on February 27, 2026.

The players

Clear Channel Outdoor

A leading outdoor advertising company that operates billboard and street furniture displays across the United States and internationally.

Mubadala

A sovereign wealth fund based in the United Arab Emirates that is in the process of taking Clear Channel Outdoor private.

SignValue

A company that sponsored and analyzed the Clear Channel Outdoor earnings release.

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What’s next

The pending go-private transaction with Mubadala partners is expected to close in the coming months, which will take Clear Channel Outdoor off the public market.

The takeaway

Clear Channel Outdoor's strong fourth quarter results, driven by growth in key markets like the Bay Area and airports, suggest the company is well-positioned for the future, particularly as it transitions to private ownership under Mubadala's stewardship.