Townsquare posts $41.8 million Q2 net loss on FCC license impairments; revenue flat
Townsquare reported second-quarter 2026 net revenue of $115.4 million, down 0.1% from a year earlier, and a net loss of $41.8 million, compared with net income of $2.0 million in the same period of 2025. The loss reflected a $25.1 million increase in non-cash impairment charges related to FCC licenses, and Adjusted EBITDA fell 6.2% to $24.8 million. Full-year 2026 guidance was kept within the original ranges, and the board approved a $0.20 quarterly dividend.
Key points
- Net revenue was $115.4 million, down 0.1%, while Digital Advertising revenue rose 11.0% to $47.2 million.
- Net loss was $41.8 million, or $(2.36) per diluted share, versus net income of $2.0 million a year earlier.
- Adjusted EBITDA was $24.8 million, down 6.2%. Full-year 2026 guidance is $425 million to $431 million in net revenue and $87 million to $90 million in Adjusted EBITDA.
- The board approved a quarterly dividend of $0.20 per share, payable November 2, 2026 to holders of record on October 26, 2026.
The filing
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 August 06, 2026.
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