{"id":990987,"date":"2026-08-06T06:03:40","date_gmt":"2026-08-06T10:03:40","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/townsquare-reports-second-quarter-2026-results-digital-advertising-revenue-accelerates-to-11-growth-year-over-year\/"},"modified":"2026-08-06T06:03:40","modified_gmt":"2026-08-06T10:03:40","slug":"townsquare-reports-second-quarter-2026-results-digital-advertising-revenue-accelerates-to-11-growth-year-over-year","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/townsquare-reports-second-quarter-2026-results-digital-advertising-revenue-accelerates-to-11-growth-year-over-year\/","title":{"rendered":"Townsquare Reports Second Quarter 2026 Results; Digital Advertising Revenue Accelerates to 11% Growth Year-Over-Year"},"content":{"rendered":"
\n

\n Digital Represents\u00a0<\/strong>
\n 57%<\/strong>
\n of 1H’26 Net Revenue and <\/strong>
\n 59%<\/strong>
\n of 1H’26 Segment Profit<\/strong>
\n
\n Media Partnerships on Pace to More Than Double Revenue in 2026; Now Serving 16 Partners<\/strong>\n <\/p>\n

PURCHASE, N.Y. , Aug. 06, 2026 (GLOBE NEWSWIRE) — Townsquare Media, Inc. (NYSE: TSQ) (\u201cTownsquare\u201d, the \u201cCompany,\u201d \u201cwe,\u201d \u201cus\u201d or \u201cour\u201d) announced today its financial results for the second quarter ended June\u00a030, 2026.<\/p>\n

\u201cI am pleased to share that Townsquare once again delivered results in line with the net revenue and Adjusted EBITDA guidance we previously provided, reflecting the continued execution of our Digital First Local Media Strategy,\u201d commented Bill Wilson, Chief Executive Officer of Townsquare Media, Inc. \u201cDigital Advertising delivered another quarter of accelerating growth, our Media Partnerships business continued to scale rapidly, Townsquare Interactive achieved record profitability, and our Broadcast business generated meaningful cash flow while outperforming the industry. Together, these businesses drove second quarter net revenue of $115.4\u00a0million. For the second quarter, we reported a net loss of $41.8\u00a0million, which included significant non-cash impairment charges related to FCC licenses, as well as Adjusted EBITDA of $24.8\u00a0million and Adjusted Net Income of $3.7\u00a0million.\u201d<\/p>\n

\u201cOur Digital Advertising business, Townsquare Ignite, grew revenue 11% year-over-year, accelerating meaningfully from 7% year-over-year growth in the first quarter (and 2025\u2019s growth rate of 2%), and we expect that momentum to further strengthen in the third quarter. Our Media Partnerships business, which did not exist just over two years ago, now extends our Digital Advertising platform into 41 incremental markets through 16 media partners (and growing). Together with Townsquare\u2019s 74 owned markets, we have a digital programmatic advertising presence in 115 markets across the United States. Importantly, Media Partnership revenue is expected to more than double in 2026. Townsquare Interactive, our Subscription Digital Marketing Solutions business, delivered another quarter of record Segment Profit margins of nearly 38% while revenue stabilized sequentially in the quarter. As a result, our Digital businesses represented 57% of Townsquare\u2019s net revenue and 59% of Segment Profit in the first six months of the year.\u201d<\/p>\n

\u201cWe believe the combination of multiple scalable, high-margin digital growth platforms and a durable Broadcast cash flow business creates a differentiated company with significant long-term opportunities to drive shareholder value through sustained net revenue, Adjusted EBITDA and cash flow growth, net leverage reduction, and future dividend payments,\u201d concluded Mr. Wilson.<\/p>\n

The Company announced today that its Board of Directors approved a quarterly cash dividend of $0.20 per share. The dividend will be payable on November 2, 2026 to shareholders of record as of the close of business on October 26, 2026. As of the last closing price, this reflects a dividend yield of approximately 13%.<\/p>\n

\n
\n Segment Reporting<\/u>
\n <\/strong>
\n
We have three reportable operating segments, Digital Advertising, Subscription Digital Marketing Solutions, and Broadcast Advertising. The Digital Advertising segment, marketed externally as Townsquare Ignite, includes digital advertising on our digital programmatic advertising platform and our owned and operated digital properties, and our first party data digital management platform. The Subscription Digital Marketing Solutions segment includes our subscription digital marketing solutions business, Townsquare Interactive. The Broadcast Advertising segment includes our local, regional, and national advertising products and solutions delivered via terrestrial radio broadcast, and other miscellaneous revenue that is associated with our broadcast advertising platform. The remainder of our business is reported in the Other category, which includes our live events business.<\/p>\n

\n
\n Second Quarter Results*<\/u>
\n <\/strong>\n <\/p>\n