Clear Channel Outdoor Holdings, Inc.CCO

Clear Channel Outdoor Holdings, Inc. Revenue Disclosure

10-KFiled Feb 26, 20261 min read
REVENUE
The Company generates revenue primarily from the sale of advertising on its out-of-home displays. As described in Note 2, certain revenue transactions are accounted for as leases under ASC 842, while the remaining transactions are accounted for as revenue from contracts with customers under ASC 606.
The following table presents revenue from contracts with customers, revenue from leases, and total revenue from continuing operations, disaggregated by geography, for 2025, 2024 and 2023:
(In thousands)Revenue from contracts with customersRevenue from
leases
Total revenue
Year Ended December 31, 2025
  U.S.(1)
$1,137,386 $466,565 $1,603,951 
Singapore
189 — 189 
     Total$1,137,575 $466,565 $1,604,140 
Year Ended December 31, 2024
  U.S.(1)
$1,005,436 $499,562 $1,504,998 
Singapore
232 — 232 
     Total$1,005,668 $499,562 $1,505,230 
Year Ended December 31, 2023
  U.S.(1)
$747,959 $664,492 $1,412,451 
Singapore
10,739 10,996 21,735 
     Total$758,698 $675,488 $1,434,186 
(1)U.S. revenue, which includes an immaterial amount of revenue derived from airport displays in the Caribbean, is comprised of revenue from the Company’s America and Airports segments.
The value of unsatisfied performance obligations is not disclosed as the majority of the Company’s contracts with customers have terms of one year or less. For contracts with customers that have an original expected duration greater than one year, the future amount to be invoiced to the customer directly corresponds to the value that will be received by the customer under the contract.

Historical Timeline

Fiscal YearFiled
2025Feb 26, 2026Showing above
2024Feb 24, 2025
2023Feb 26, 2024
2022Feb 28, 2023
2021Feb 24, 2022
2020Feb 25, 2021
2019Feb 27, 2020
2018Mar 5, 2019

About Revenue Disclosures

Revenue disclosures under ASC 606 explain how a company identifies performance obligations, allocates transaction prices, and determines when revenue is recognized. This section is essential for understanding whether reported revenue reflects genuine economic activity or aggressive accounting choices. Analysts examine the mix of point-in-time versus over-time recognition, which directly affects revenue timing and comparability.

Key signals: rising contract liabilities (deferred revenue) suggest strong future revenue visibility, while declining contract assets may indicate slowing project milestones. Watch for variable consideration estimates — rebates, returns, and performance bonuses that require management judgment. Significant changes in disaggregated revenue by geography or product line can reveal shifting business mix before it appears in headline numbers. Compare revenue growth against contract liability growth to assess sustainability, and scrutinize any changes in the timing of recognition that coincide with earnings pressure.

Other Available Disclosures

Income TaxesPP&EGoodwill & IntangiblesLeasesSegmentsDebtCommitmentsNew StandardsPay vs Performance