Urban One cuts 2026 Adjusted EBITDA guidance to mid-$50 million from $60 million
Urban One reported second-quarter 2026 net revenue of $85.8 million, down 6.4% from a year earlier, and a net loss of $7.1 million, or $(1.58) per share, compared with a $77.9 million loss, or $(17.41) per share, in the second quarter of 2025. The company also lowered its 2026 Adjusted EBITDA outlook to the mid-$50 million range from its prior $60 million view, citing current marketplace conditions.
Key points
- Q2 2026 net revenue was $85.8 million, down 6.4% from $91.6 million in Q2 2025.
- Q2 2026 Adjusted EBITDA was $11.7 million, compared with $14.0 million a year earlier.
- Q2 2026 included a $14.2 million impairment charge, mostly goodwill tied to the Reach Media reporting unit.
- 2026 Adjusted EBITDA guidance is now in the mid-$50 million range, versus the prior $60 million view.
The filing
Written by AI on Nov 9, 2026, 8:29 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 04, 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.