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AI brief of an SEC Form 8-K · Townsquare Media, Inc. (TSQ)

Townsquare Media Q4 revenue falls 9.6%; net loss of $4.8 million vs. prior-year profit

Negative Impact 3 of 5 earnings Written later

Townsquare Media reported fourth-quarter 2025 net revenue of $106.5 million, down 9.6% from a year earlier, and a net loss of $4.8 million compared with net income of $25.0 million in the prior-year quarter. Adjusted EBITDA fell 30.9% to $21.5 million, and the company said results met its previously issued guidance; it also kept its quarterly dividend at $0.20 per share and issued 2026 guidance of $420 million to $440 million in full-year net revenue.

Key points

  • Q4 2025 net revenue fell to $106.5 million from $117.8 million; Adjusted EBITDA fell to $21.5 million from $31.2 million
  • Full-year 2025 net loss narrowed to $9.8 million from $10.9 million; full-year net revenue fell 5.2% to $427.4 million
  • 2026 guidance: first-quarter net revenue of $96 million to $98 million and full-year net revenue of $420 million to $440 million
  • Quarterly dividend of $0.20 per share maintained, payable May 4, 2026 to holders of record as of April 27, 2026

The filing

CompanyTownsquare Media, Inc. (TSQ)
Form8-K, current report
Filed with the SECMar 16, 2026, 6:02 AM ET
Accession number0001499832-26-000019

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 16, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.