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Urban One (UONE) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 14, 2026

Urban One (UONE) reported revenue of $77.7M for the first quarter 2026 (Q1 2026), -16% from a year earlier and -21% from the quarter before. Operating margin was -2.9%, net loss $3.1M (4.0% of revenue).

Revenue$77.7M
Year over year-16%
Quarter over quarter-21%
Operating margin-2.9%
Net earnings−$3.1M

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 follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$77.7M-21%-16%
Operating profit−$2.2M—-206%
Net earnings−$3.1M——
Operating cash flow$22.1M—+959%
Free cash flow$18.7M——

What changed

Revenue was $77.7M in Q1 2026, down 16% year over year and down 21% from the previous quarter. Radio advertising was the largest line at 41% of revenue. Cable Television advertising lost $6.3M year over year (down 25%), 43% of the total change.

Operating costs exceeded revenue by $2.2M, an operating margin of -2.9%. Total costs fell 11% while revenue fell 16%. The quarter ended with a net loss of $3.1M, narrower than the previous quarter's $54.4M loss. Net interest and other expense of $2.3M was the main reason.

Operating cash flow was $22.1M (up 959% year over year). Non-cash charges added back $6.2M of depreciation and amortization and $201K of share-based compensation. Working capital and other items added $18.8M. Capital expenditures of $3.4M left free cash flow of $18.7M.

Questions

What was Urban One's revenue in the first quarter 2026?

Urban One (UONE) reported revenue of $77.7M for the first quarter 2026 (Q1 2026), -16% from a year earlier and -21% from the quarter before.

Was Urban One profitable in the first quarter 2026?

Operating loss was $2.2M (-2.9% of revenue) and net loss $3.1M.

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Source: Urban One 10-Q on SEC EDGAR.