Filing Flows › Townsquare Media (TSQ) › Q3 2026
Townsquare Media (TSQ) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Townsquare Media (TSQ) reported revenue of $111M for the third quarter 2026 (Q3 2026), +4% from a year earlier and -4% from the quarter before. Operating margin was 5.0%, net loss $4.0M (3.6% of revenue).
Townsquare Media, Q3 2026: revenue $111M (+4% year over year), operating margin 5.0%, net loss $4.0M, operating cash flow $5.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $111M | -4% | +4% |
| Operating profit | $5.5M | — | -7% |
| Net earnings | −$4.0M | — | — |
| Operating cash flow | $5.1M | +43% | -35% |
| Free cash flow | $2.3M | 12× | -48% |
What changed
Revenue was $110.9M in Q3 2026, up 4% year over year and down 4% from the previous quarter. Broadcast Advertising was the largest line at 43% of revenue. Digital Advertising added $5.1M year over year (up 13%), 122% of the total change. Subscription Digital Marketing Solutions declined 8%.
Gross margin was 25.8%, down 0.4 points from Q3 2025. Operating profit was $5.5M, a 5.0% margin (down 0.6 points year over year). Operating profit fell $432K even though revenue rose $4.2M versus Q3 2025, so costs grew faster than sales. Operating expenses grew 5% against revenue growth of 4%. The quarter ended with a net loss of $4.0M, narrower than the previous quarter's $41.8M loss. Net interest and other expense of $11.4M was the main reason.
Operating cash flow was $5.1M (down 35% year over year). Non-cash charges added back $4.9M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items added $1.1M. Capital expenditures of $2.9M left free cash flow of $2.3M.
Questions
What was Townsquare Media's revenue in the third quarter 2026?
Townsquare Media (TSQ) reported revenue of $111M for the third quarter 2026 (Q3 2026), +4% from a year earlier and -4% from the quarter before.
Was Townsquare Media profitable in the third quarter 2026?
Operating profit was $5.5M (5.0% of revenue) and net loss $4.0M.
Source: Townsquare Media 10-Q on SEC EDGAR.