Filing Flows › Saga Communications (SGA) › Q1 2026
Saga Communications (SGA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Saga Communications (SGA) reported revenue of $22.9M for the first quarter 2026 (Q1 2026), -6% from a year earlier and -14% from the quarter before. Operating margin was -14.3%, net loss $2.4M (10.5% of revenue).
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 follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.9M | -14% | -6% |
| Operating profit | −$3.3M | — | — |
| Net earnings | −$2.4M | — | — |
| Operating cash flow | $407K | — | -70% |
What changed
Revenue was $22.9M in Q1 2026, down 6% year over year and down 14% from the previous quarter. Broadcast Advertising Revenue, net was the largest line at 74% of revenue. Broadcast Advertising Revenue, net lost $1.9M year over year (down 10%), 140% of the total change.
Operating costs exceeded revenue by $3.3M, an operating margin of -14.3%. Total costs fell 1% while revenue fell 6%. The quarter ended with a net loss of $2.4M, narrower than the previous quarter's $6.9M loss.
Operating cash flow was $407K (down 70% year over year). Non-cash charges added back $1.2M of depreciation and amortization. Working capital and other items added $1.6M. Capital expenditures of $779K exceeded it, leaving free cash flow of −$372K.
Questions
What was Saga Communications' revenue in the first quarter 2026?
Saga Communications (SGA) reported revenue of $22.9M for the first quarter 2026 (Q1 2026), -6% from a year earlier and -14% from the quarter before.
Was Saga Communications profitable in the first quarter 2026?
Operating loss was $3.3M (-14.3% of revenue) and net loss $2.4M.