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Townsquare Media, Inc.

Townsquare Media, Inc.TSQEarnings & Financial Report

NYSE · mass media

Townsquare Media, Inc. is an American radio network and media company based in Purchase, New York. The company started in radio and expanded into digital media toward the end of the 2000s, starting with the acquisition of the MOG Music Network. As of June 2024, Townsquare was the third-largest AM–FM operator in the country, owning 349 radio stations in 74 markets.

TSQ Q3 2025 Key Financial Metrics

Revenue

$106.8M

Gross Profit

$28.0M

Operating Profit

$5.9M

Net Profit

$-5.9M

Gross Margin

26.2%

Operating Margin

5.6%

Net Margin

-5.5%

YoY Growth

-7.4%

EPS

$-0.36

Financial Flow

Townsquare Media, Inc. Q3 2025 Financial Summary

Townsquare Media, Inc. reported revenue of $106.8M for Q3 2025, with a net profit of $-5.9M (-5.5% margin). Cost of goods sold was $78.8M, operating expenses totaled $22.1M.

Key Financial Metrics

Total Revenue$106.8M
Net Profit$-5.9M
Gross Margin26.2%
Operating Margin5.6%
Report PeriodQ3 2025

Townsquare Media, Inc. Annual Revenue by Year

Townsquare Media, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $451.0M).

YearAnnual Revenue
2024$451.0M
2023$454.2M
2022$463.1M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$114.8M$99.6M$118.2M$115.3M$117.8M$98.7M$115.4M$106.8M
YoY Growth-4.6%-3.4%-2.5%0.2%2.6%-1.0%-2.3%-7.4%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$652.0M$636.7M$579.6M$565.4M$580.4M$544.5M$545.7M$539.2M
Liabilities$642.1M$634.9M$643.8M$617.9M$608.9M$571.3M$572.8M$573.2M
Equity$9.9M$1.8M$-64.1M$-52.5M$-28.4M$-26.8M$-27.1M$-34.0M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$28.9M$1.7M$9.0M$9.9M$28.2M$-66000$10.2M$7.9M