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How Saga Communications (SGA) makes money

Saga Communications (SGA) made $26.4M of revenue in the second quarter 2026 (Q2 2026), -6% from a year earlier. Broadcast Advertising Revenue, net brought in $19.6M (74%); Digital Advertising Revenue brought in $5.3M (20%); Other Revenue brought in $1.6M (6%). Of every dollar of revenue, 2¢ was left as operating profit, 4¢ was left as net earnings.

Drawing the Sankey…

Saga Communications revenue by segment, Q2 2026Saga Communications revenue by segment, Q2 2026Broadcast Advertising Revenue, net$19.6MDigital Advertising Revenue$5.3MOther Revenue$1.6M
Saga Communications: revenue by line, Q4 2024 to Q2 2026Saga Communications: revenue by line, Q4 2024 to Q2 2026Broadcast Advertising…Digital Advertising R…Other RevenueBroadcast Advertising Revenue, net: $19.6M latest$19.6MDigital Advertising Revenue: $5.3M latest$5.3MOther Revenue: $1.6M latestQ4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Broadcast Advertising Revenue, net went from 81% of revenue in Q4 2024 to 74% in Q2 2026, the largest shift in the mix.
Saga Communications revenue by quarterSaga Communications revenue by quarter$29.2MQ4 2024$24.2MQ1 2025$28.2MQ2 2025$28.2MQ3 2025$26.5MQ4 2025$22.9MQ1 2026$26.4MQ2 2026
Saga Communications: where each dollar of revenue goesSaga Communications: where each dollar of revenue goesOperating profit2¢Income tax1¢Net earnings4¢

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Broadcast Advertising Revenue, net$19.6M74.1%+15%-9%
Digital Advertising Revenue$5.3M19.9%+20%+15%
Other Revenue$1.6M5.9%+3%-23%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$26.4M100.0%
Operating profit$623K2.4%
Income tax$150K0.6%
Net earnings$960K3.6%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$26.4M-6%
Q1 2026$22.9M-6%
Q4 2025$26.5M-9%
Q3 2025$28.2M-2%
Q2 2025$28.2M-5%
Q1 2025$24.2M-4%
Q4 2024$29.2M-2%

From Saga Communications' 10-Q filed Aug 14, 2026 (on EDGAR).

Questions

How does Saga Communications make money?

Saga Communications (SGA) made $26.4M of revenue in the second quarter 2026 (Q2 2026), -6% from a year earlier. Broadcast Advertising Revenue, net brought in $19.6M (74%); Digital Advertising Revenue brought in $5.3M (20%); Other Revenue brought in $1.6M (6%). Of every dollar of revenue, 2¢ was left as operating profit, 4¢ was left as net earnings.

What is Saga Communications' biggest business?

Broadcast Advertising Revenue, net: $19.6M in the second quarter 2026, 74% of revenue, -9% from a year earlier.

What is Saga Communications' profit margin?

Net earnings were $960K, 3.6% of revenue, in the second quarter 2026; the operating margin was 2.4%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.