Filing Flows › Townsquare Media (TSQ) › Q2 2026
Townsquare Media (TSQ) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Townsquare Media (TSQ) reported revenue of $115M for the second quarter 2026 (Q2 2026), -0.1% from a year earlier and +19% from the quarter before. Operating margin was -10.7%, net loss $41.8M (36.2% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $115M | +19% | -0.1% |
| Operating profit | −$12.3M | — | -158% |
| Net earnings | −$41.8M | -1514% | -2768% |
| Operating cash flow | $3.6M | -15% | -65% |
| Free cash flow | $184K | -67% | -97% |
What changed
Revenue was $115.4M in Q2 2026, roughly flat year over year and up 19% from the previous quarter. Digital Advertising was the largest line at 41% of revenue. Broadcast Advertising lost $2.7M year over year (down 5%), 2827% of the total change.
Gross margin was 26.7%, down 1.5 points from Q2 2025. Operating costs exceeded revenue by $12.3M, an operating margin of -10.7%. Operating expenses grew 273% against flat revenue. The fastest-growing cost line was Other operating costs (+590%). The quarter ended with a net loss of $41.8M, after a profit of $3.0M the previous quarter.
Operating cash flow was $3.6M (down 65% year over year). Non-cash charges added back $4.8M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items added $37.3M. Capital expenditures of $3.4M left free cash flow of $184K.
Questions
What was Townsquare Media's revenue in the second quarter 2026?
Townsquare Media (TSQ) reported revenue of $115M for the second quarter 2026 (Q2 2026), -0.1% from a year earlier and +19% from the quarter before.
Was Townsquare Media profitable in the second quarter 2026?
Operating loss was $12.3M (-10.7% of revenue) and net loss $41.8M.
Source: Townsquare Media 10-Q on SEC EDGAR.