Townsquare Media, Inc.TSQEarnings & Financial Report
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.
Revenue
$118.2M
Gross Profit
$32.7M
Operating Profit
$-21.4M
Net Profit
$-49.2M
Gross Margin
27.7%
Operating Margin
-18.1%
Net Margin
-41.7%
YoY Growth
-2.5%
EPS
$-3.26
Financial Flow
Townsquare Media, Inc. Q2 2024 Financial Summary
Townsquare Media, Inc. reported revenue of $118.2M (down 2.5% YoY) for Q2 2024, with a net profit of $-49.2M (down 1438.9% YoY) (-41.7% margin). Cost of goods sold was $85.5M, operating expenses totaled $54.1M.
Key Financial Metrics
| Total Revenue | $118.2M |
|---|---|
| Net Profit | $-49.2M |
| Gross Margin | 27.7% |
| Operating Margin | -18.1% |
| Report Period | Q2 2024 |
Revenue Breakdown
Townsquare Media, Inc. Q2 2024 revenue of $118.2M breaks down across 4 segments, led by Broadcasting Advertising Segment at $53.6M (45.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Broadcasting Advertising Segment | $53.6M | 45.4% |
| Digital Advertising Segment | $41.5M | 35.1% |
| Subscription Digital Marketing Solutions Segment | $18.5M | 15.7% |
| Other Digital Segment | $4.6M | 3.9% |
Townsquare Media, Inc. Revenue by Segment — Quarterly Trend
Townsquare Media, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Broadcasting Advertising Segment and Digital Advertising Segment) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Digital Advertising Segment | $41.7M | $40.2M | $42.5M | $36.8M |
| Subscription Digital Marketing Solutions Segment | $18.4M | $18.6M | $18.8M | $19.0M |
| Other Digital Segment | — | — | $5.5M | $1.6M |
Townsquare Media, Inc. Annual Revenue by Year
Townsquare Media, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $427.4M).
| Year | Annual Revenue |
|---|---|
| 2025 | $427.4M |
| 2024 | $451.0M |
| 2023 | $454.2M |
| 2022 | $463.1M |
Townsquare Media, Inc. Quarterly Revenue & Net Profit History
Townsquare Media, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $106.5M | -9.6% | $-5.2M | -4.9% |
| Q3 2025 | $106.8M | -7.4% | $-5.9M | -5.5% |
| Q2 2025 | $115.4M | -2.3% | $1.6M | 1.4% |
| Q1 2025 | $98.7M | -1.0% | $-2.0M | -2.0% |
| Q4 2024 | $117.8M | +2.6% | $24.6M | 20.8% |
| Q3 2024 | $115.3M | +0.2% | $10.8M | 9.4% |
| Q2 2024 | $118.2M | -2.5% | $-49.2M | -41.7% |
| Q1 2024 | $99.6M | -3.4% | $1.1M | 1.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $99.6M | $118.2M | $115.3M | $117.8M | $98.7M | $115.4M | $106.8M | $106.5M |
| YoY Growth | -3.4% | -2.5% | 0.2% | 2.6% | -1.0% | -2.3% | -7.4% | -9.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $636.7M | $579.6M | $565.4M | $580.4M | $544.5M | $545.7M | $539.2M | $528.6M |
| Liabilities | $634.9M | $643.8M | $617.9M | $608.9M | $571.3M | $572.8M | $573.2M | $569.6M |
| Equity | $1.8M | $-64.1M | $-52.5M | $-28.4M | $-26.8M | $-27.1M | $-34.0M | $-41.0M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.7M | $9.0M | $9.9M | $28.2M | $-66000 | $10.2M | $7.9M | $12.6M |