Filing Flows › Communication Services › Mediaco Holding (MDIA)
Mediaco Holding (MDIA) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 14, 2026 · Mediaco Holding (MDIA) Q2 2026 earnings results →
Q2 2026 Revenue up 9% year over year to $34.0M · 25¢ of every $1 of revenue lost · operating margin -14.4%
Mediaco Holding made $34.0M in Q2 2026 (+9% Y/Y): Spot Radio & TV Advertising $16.4M, Digital $15.9M, Other $1.3M. Operating margin -14.4%, net loss $8.6M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 14, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $34.0M in Q2 2026, up 9% year over year and up 8% from the previous quarter. Spot Radio & TV Advertising was the largest line at 48% of revenue. Digital added $6.4M year over year (up 68%), 236% of the total change. Syndication declined 68%.
Operating costs exceeded revenue by $4.9M, an operating margin of -14.4%. Total costs grew 2% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+12%). The quarter ended with a net loss of $8.6M, narrower than the previous quarter's $9.4M loss.
Operating cash flow was −$734K. Non-cash charges added back $1.3M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $5.5M. Capital expenditures of $34K exceeded it, leaving free cash flow of −$768K.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 14, 2026 | $34.0M | +9% | -14.4% | −$8.6M | −$734K |
| Q1 2026 | 10-Q | May 15, 2026 | $31.4M | +12% | -24.0% | −$9.4M | −$2.0M |
| Q4 2025 | 10-K | Mar 31, 2026 | $38.7M | +18% | -16.0% | −$32.3M | $32K |
| Q3 2025 | 10-Q | Nov 19, 2025 | $35.4M | +19% | -20.0% | −$17.9M | $2.8M |
| Q2 2025 | 10-Q | Aug 11, 2025 | $31.2M | +19% | -21.7% | −$8.8M | −$3.0M |
| Q1 2025 | 10-Q | May 20, 2025 | $28.0M | +318% | -16.7% | −$8.6M | $2.1M |
| Q4 2024 | 10-K | Apr 15, 2025 | $32.8M | +402% | -13.8% | −$4.2M | $10.9M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
About Mediaco Holding
MediaCo Holding Inc. (“MediaCo” or the “Company”) is an owned and operated multi-media company formed in Indiana in 2019, focused on radio, television, digital advertising, premium programming and events. On April 17, 2024, MediaCo Holding Inc. and its wholly-owned subsidiary MediaCo Operations LLC, a Delaware limited liability company (“Purchaser”), entered into an asset purchase agreement (the “Asset Purchase Agreement”) with Estrella Broadcasting, Inc., a Delaware corporation (“Estrella”), and SLF LBI Aggregator, LLC, a Delaware limited liability company (“Aggregator”) and affiliate of HPS Investment Partners, LLC (“HPS”), pursuant to which Purchaser purchased substantially all of the assets of Estrella and its subsidiaries (other than certain broadcast assets owned by Estrella and its subsidiaries (the “Estrella Broadcast Assets”)) (the “Purchased Assets”), and assumed substantially…
In its own words, from its 10-K, filed Mar 31, 2026.
Mediaco Holding against its Radio Broadcasting Stations peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +9% against the peers' median -0.3%. Operating margin: -14.4% against the peers' median 2.4%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| MDIA Mediaco Holding | Q2 2026 | $34.0M | +9% | -14.4% |
| SIRI Sirius XM Holdings | Q3 2026 | $2.2B | -0.3% | 22.2% |
| IHRT iHeartMedia | Q2 2026 | $977M | +5% | 3.6% |
| CMLS Cumulus Media | Q2 2026 | $168M | -10% | 1.4% |
| TSQ Townsquare Media | Q3 2026 | $111M | +4% | 5.0% |
| UONE Urban One | Q2 2026 | $85.8M | -6% | -13.1% |
| BBGI Beasley Broadcast Group | Q2 2026 | $44.1M | -17% | 3.0% |
| SGA Saga Communications | Q2 2026 | $26.4M | -6% | 2.4% |
| TMGI Transglobal Management Group | Q1 FY27 | $96K | +703% | -409.6% |
Source: Mediaco Holding 10-Q on SEC EDGAR · CIK 1784254 · Radio Broadcasting Stations
13F: who owns MDIA and who is buying
More on MDIA
History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results