Filing Flows › Urban One (UONE) › Q1 2026 › vs Q1 2025
Urban One (UONE) Q1 2026 vs Q1 2025 (year over year)
Urban One's revenue fell $14.6M (-16%) from $92.2M in Q1 2025 to $77.7M in Q1 2026. The biggest changes: Cable Television advertising −$6.3M (-25%); Radio advertising −$4.1M (-11%); Digital advertising −$3.4M (-34%).
Urban One, Q1 2026: revenue $77.7M (-16% year over year), operating margin -2.9%, net loss $3.1M, operating cash flow $22.1M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 24.1% | -0.5% | +24.6 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Radio advertising | $32.1M | $36.2M | −$4.1M | -11% |
| Cable Television advertising | $19.1M | $25.4M | −$6.3M | -25% |
| Cable Television affiliate fees | $16.9M | $18.7M | −$1.8M | -10% |
| Digital advertising | $6.8M | $10.2M | −$3.4M | -34% |
| Unearned Event Income | $1.9M | $1.5M | $356K | +23% |
| Political advertising | $900K | $150K | $750K | +500% |
| Revenue | $77.7M | $92.2M | −$14.6M | -16% |
| Income tax benefit | $1.4M | −$15.7M | $17.1M | — |
| Net loss | $3.1M | $11.7M | −$8.6M | -74% |
| Costs & expenses | $82.2M | $106M | −$23.6M | -22% |
| Operating costs | $79.9M | $90.1M | −$10.3M | -11% |
| Interest & other, net | $2.3M | −$1.8M | $4.1M | — |
| SG&A | $43.7M | $50.8M | −$7.1M | -14% |
| Other operating costs | $36.2M | $39.4M | −$3.2M | -8% |
| Operating cash sources | $25.2M | $13.8M | $11.3M | +82% |
| Depreciation & amortization | $6.2M | $2.3M | $3.9M | +167% |
| Share-based compensation | $201K | $676K | −$475K | -70% |
| Working capital & other | $18.8M | $10.8M | $8.0M | +73% |
| Net loss absorbed | $3.1M | $11.7M | −$8.6M | -74% |
| Operating cash flow | $22.1M | $2.1M | $20.0M | +959% |
| Free cash flow (OCF − capex) | $18.7M | −$462K | $19.2M | — |
| Capital expenditures | $3.4M | $2.5M | $805K | +32% |
Questions
How much did Urban One's revenue grow year over year in Q1 2026?
Urban One's revenue fell $14.6M (-16%) from $92.2M in Q1 2025 to $77.7M in Q1 2026.
What drove Urban One's revenue change in Q1 2026?
Cable Television advertising −$6.3M (-25%); Radio advertising −$4.1M (-11%); Digital advertising −$3.4M (-34%).