Filing Flows › Saga Communications (SGA) › Q1 2026 › vs Q4 2025
Saga Communications (SGA) Q1 2026 vs Q4 2025 (quarter over quarter)
Saga Communications's revenue fell $3.6M (-14%) from $26.5M in Q4 2025 to $22.9M in Q1 2026. The biggest changes: Broadcast Advertising Revenue, net −$3.3M (-16%); Other Revenue −$409K (-21%); Digital Advertising Revenue +$33K (+0.8%).
Saga Communications, Q1 2026: revenue $22.9M (-6% year over year), operating margin -14.3%, net loss $2.4M, operating cash flow $407K. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Broadcast Advertising Revenue, net | $17.0M | $20.2M | −$3.3M | -16% |
| Digital Advertising Revenue | $4.4M | $4.3M | $33K | +0.8% |
| Other Revenue | $1.5M | $1.9M | −$409K | -21% |
| Revenue | $22.9M | $26.5M | −$3.6M | -14% |
| Other income, net | $198K | $144K | $54K | +38% |
| Income tax benefit | $670K | $2.5M | −$1.8M | -73% |
| Net loss | $2.4M | $6.9M | −$4.5M | -65% |
| Costs & expenses | $26.1M | $36.0M | −$9.9M | -27% |
| Operating costs | $26.1M | $36.0M | −$9.9M | -27% |
| Sales & marketing | $5.1M | $5.9M | −$746K | -13% |
| General & admin | $3.0M | $3.3M | −$285K | -9% |
| Other operating costs | $18.0M | $26.9M | −$8.9M | -33% |
| Operating cash sources | $2.8M | $6.9M | −$4.1M | -59% |
| Depreciation & amortization | $1.2M | $1.3M | −$104K | -8% |
| Working capital & other | $1.6M | $5.6M | −$4.0M | -71% |
| Net loss absorbed | $2.4M | $6.9M | −$4.5M | -65% |
| Operating cash flow | $407K | −$18K | $425K | — |
| Capital expenditures | $779K | $441K | $338K | +77% |
| Negative free cash flow (OCF − capex) | $372K | $459K | −$87K | -19% |
Questions
How much did Saga Communications's revenue grow quarter over quarter in Q1 2026?
Saga Communications's revenue fell $3.6M (-14%) from $26.5M in Q4 2025 to $22.9M in Q1 2026.
What drove Saga Communications's revenue change in Q1 2026?
Broadcast Advertising Revenue, net −$3.3M (-16%); Other Revenue −$409K (-21%); Digital Advertising Revenue +$33K (+0.8%).