Filing Flows › Townsquare Media (TSQ) › Q1 2026
Townsquare Media (TSQ) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Townsquare Media (TSQ) reported revenue of $96.8M for the first quarter 2026 (Q1 2026), -2% from a year earlier and -9% from the quarter before. Operating margin was -1.3%, net earnings $3.0M (3.1% of revenue).
Townsquare Media, Q1 2026: revenue $96.8M (-2% year over year), operating margin -1.3%, net earnings $3.0M, operating cash flow $4.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $96.8M | -9% | -2% |
| Operating profit | −$1.3M | -113% | -118% |
| Net earnings | $3.0M | — | — |
| Operating cash flow | $4.2M | -67% | — |
| Free cash flow | $558K | -94% | — |
What changed
Revenue was $96.8M in Q1 2026, down 2% year over year and down 9% from the previous quarter. Digital Advertising was the largest line at 41% of revenue. Broadcast Advertising lost $2.7M year over year (down 7%), 145% of the total change.
Gross margin was 21.9%, down 1.3 points from Q1 2025. Operating costs exceeded revenue by $1.3M, an operating margin of -1.3%. Operating expenses grew 43% against a revenue fall of 2%. The fastest-growing cost line was Other operating costs (+60%). Net earnings were $2.8M.
Operating cash flow was $4.2M, 142% of net income including minority interests. Non-cash charges added back $4.7M of depreciation and amortization and $3.7M of share-based compensation. Working capital and other items used $7.2M. Capital expenditures of $3.6M left free cash flow of $558K.
Questions
What was Townsquare Media's revenue in the first quarter 2026?
Townsquare Media (TSQ) reported revenue of $96.8M for the first quarter 2026 (Q1 2026), -2% from a year earlier and -9% from the quarter before.
Was Townsquare Media profitable in the first quarter 2026?
Operating loss was $1.3M (-1.3% of revenue) and net earnings $3.0M.
Source: Townsquare Media 10-Q on SEC EDGAR.