Filing Flows › Townsquare Media (TSQ) › Q2 2026 › vs Q1 2026
Townsquare Media (TSQ) Q2 2026 vs Q1 2026 (quarter over quarter)
Townsquare Media's revenue rose $18.6M (+19%) from $96.8M in Q1 2026 to $115M in Q2 2026. The biggest changes: Digital Advertising +$8.0M (+20%); Broadcast Advertising +$7.9M (+20%); Other +$3.1M (+228%).
Townsquare Media, Q2 2026: revenue $115M (-0.1% year over year), operating margin -10.7%, net loss $41.8M, operating cash flow $3.6M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 0.2% | 0.6% | -0.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Digital Advertising | $47.2M | $39.3M | $8.0M | +20% |
| Broadcast Advertising | $46.5M | $38.6M | $7.9M | +20% |
| Subscription Digital Marketing Solutions | $17.2M | $17.5M | −$344K | -2% |
| Other | $4.5M | $1.4M | $3.1M | +228% |
| Revenue | $115M | $96.8M | $18.6M | +19% |
| Net loss | $41.8M | −$3.0M | $44.8M | — |
| Costs & expenses | $157M | $112M | $44.7M | +40% |
| Operating costs | $128M | $98.1M | $29.6M | +30% |
| Interest & other, net | $11.5M | $11.4M | $36K | +0.3% |
| Income tax | $18.0M | −$15.7M | $33.7M | — |
| Cost of revenue | $84.5M | $75.6M | $8.9M | +12% |
| General & admin | $6.1M | $4.8M | $1.2M | +25% |
| Other operating costs | $37.1M | $17.7M | $19.4M | +110% |
| Operating cash sources | $45.4M | $1.2M | $44.2M | 37× |
| Depreciation & amortization | $4.8M | $4.7M | $87K | +2% |
| Share-based compensation | $3.3M | $3.7M | −$429K | -11% |
| Working capital & other | $37.3M | −$7.2M | $44.5M | — |
| Net loss absorbed | $41.8M | −$3.0M | $44.8M | — |
| Operating cash flow | $3.6M | $4.2M | −$611K | -15% |
| Free cash flow (OCF − capex) | $184K | $558K | −$374K | -67% |
| Capital expenditures | $3.4M | $3.6M | −$237K | -7% |
Questions
How much did Townsquare Media's revenue grow quarter over quarter in Q2 2026?
Townsquare Media's revenue rose $18.6M (+19%) from $96.8M in Q1 2026 to $115M in Q2 2026.
What drove Townsquare Media's revenue change in Q2 2026?
Digital Advertising +$8.0M (+20%); Broadcast Advertising +$7.9M (+20%); Other +$3.1M (+228%).