Townsquare Media reports its operating results for the first quarter of 2026 and says net revenue was $96.8 million, a decline of 1.9% compared to the first quarter of 2025. The company reveals net income of $2.96 million in Q1 of 2026 after reporting a net loss of $1.5 million during the same period a year ago. Townsquare reports data by segment and digital revenue for the quarter was $39.3 million, up 6.8% from Q1 of 2025, subscription digital marketing solutions revenue was $17.5 million,
a decline of 7.9% from last year and broadcast advertising revenue was $38.6 million, down 6.6% from the same period a year ago. Townsquare Media CEO Bill Wilson comments, “With our digital growth engine driving our performance, each year our business mix continues to shift to a greater percentage of both digital revenue and profit. In the first quarter, 59% of our total revenue and 63% of our total Segment Profit was generated from our differentiated digital solutions – each our highest percentages ever. Our Digital Advertising revenue returned to high-single digit revenue growth in Q1, which we believe will continue throughout the year due to the consistent performance of our digital programmatic offering and the success of our Media Partnership division; the strong revenue growth of the direct sales of our local owned and operated digital properties; and the stabilization of our online audience and remnant revenue. I would also like to highlight Townsquare Interactive’s strong profit performance, with Segment Profit margin of 34% in Q1, representing year-over-year margin expansion.” The company also announced that its board of directors approved a quarterly cash dividend of $0.20 per share payable on August 3, 2026 to shareholders of record as of the close of business on July 27, 2026.
