Townsquare Media
Connects local audiences and businesses through radio, digital advertising, and subscription marketing services.
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Profile
Operates local radio stations, owned digital properties, programmatic advertising, and Townsquare Interactive's subscription marketing services. Digital Advertising, Subscription Digital Marketing Solutions, and Broadcast Advertising are reportable segments; the two digital businesses account for most revenue.
Operates radio stations, local websites, apps, and streams across local U.S. markets. Broadcast Advertising sells local, regional, and national terrestrial-radio advertising; Digital Advertising combines programmatic advertising with owned-and-operated digital properties.
Subscription Digital Marketing Solutions is delivered through Townsquare Interactive, offering local businesses search-engine optimization, reputation management, social-media management, business listings, and web/mobile-presence services. Live events sit outside the three reportable segments.
Digital Advertising, Subscription Digital Marketing Solutions, and Broadcast Advertising are the reportable segments, and the two digital lines account for most revenue. The business depends on advertising purchases; subscription marketing revenue also reflects sales velocity and headcount.
Company facts
Key statistics
Year to date +13.2% · Average volume (30d) 84.5K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026Q2 FY26 | $0.19 | $2.36 | +1,175.7% | $114.7M | $115.4M | +0.5% | −0.47% |
| May 11, 2026Q1 FY26 | −$0.12 | −$0.16 | −33.3% | $96.5M | $96.8M | +0.3% | −8.18% |
| Mar 16, 2026Q4 FY25 | $0.11 | $0.05 | −54.5% | $106.4M | $106.5M | +0.1% | −5.05% |
| Nov 10, 2025Q3 FY25 | $0.05 | $0.05 | 0.0% | $106.4M | $106.8M | +0.3% | +0.55% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $98.7M | $115.4M | $106.8M | $106.5M | $96.8M | $115.4M | |
| Gross profit | $22.9M | $32.6M | $23.4M | $25.6M | $16.5M | $30.8M | |
| Operating income | $7.1M | $21.1M | $14.3M | $14.0M | $8.0M | −$12.3M | |
| Net income | −$2.0M | $1.6M | −$5.9M | −$5.2M | $2.8M | −$42.0M | |
| Diluted EPS | −$0.12 | $0.09 | −$0.36 | −$0.32 | $0.16 | −$2.36 | |
| Gross margin | 23.2% | 28.3% | 21.9% | 24.1% | 17.1% | 26.7% | |
| Operating margin | 7.2% | 18.2% | 13.4% | 13.2% | 8.2% | -10.7% |
Fiscal years (4-quarter sums)FY21 $418.0M · FY22 $463.1M · FY23 $454.2M · FY24 $451.0M · FY25 $427.4M
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $1.2M · Total debt $488.2M · Total assets $494.7M · Shareholders' equity −$90.4M
Dividends
Raised for 2 straight years — most recently to $0.20 from $0.1975 in Apr 2025. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jul 27, 2026 | Jul 27 | Aug 3 | $0.20 | |
| Apr 27, 2026 | Apr 27 | May 4 | $0.20 | |
| Jan 26, 2026 | Jan 26 | Feb 2 | $0.20 | |
| Oct 27, 2025 | Oct 27 | Nov 3 | $0.20 | |
| Jul 18, 2025 | Jul 18 | Aug 1 | $0.20 | |
| Apr 17, 2025 | Apr 17 | May 1 | $0.20 | raised from $0.1975 |
| Jan 21, 2025 | Jan 21 | Feb 1 | $0.1975 | |
| Oct 15, 2024 | Oct 15 | Nov 1 | $0.1975 |
Ownership
Shares outstanding 16.64M · Float —
Float — provider float is below the insider stake.
The provider's float is smaller than the insider stake it should exclude, so it is not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Bill Wilson · director, 10 percent owner, officer: Chief Executive Officer | 2.98M | 17.91% | Form 4 | Aug 12, 2026 |
| The Capital Management Corporation | 2.87M | 16.00% | 13G | Jul 6, 2026 |
| MSD Capital, L.P. | 1.23M | 7.20% | 13G | May 15, 2026 |
| Erik Hellum · officer: COO | 914.5K | 5.50% | Form 4 | Jun 11, 2026 |
| American Century Companies Inc | 827.7K | 4.97% | 13F | May 15, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 12, 2026 | Bill Wilson | director, 10 percent owner, officer: Chief Executive Officer | −21,420 | $5.54 |
| Aug 11, 2026 | Bill Wilson | director, 10 percent owner, officer: Chief Executive Officer | −126,744 | $5.61 |
| Jun 9, 2026 | Erik Hellum | officer: COO | −35,000 | $6.44 |
| May 28, 2026 | Robert L. Worshek | officer: SVP, Chief Accounting Officer | −34,299 | $6.62 |
| May 20, 2026 | Claire Marie Yenicay | officer: EVP, Inv Rel and Corp Comm | −19,716 | $6.09 |
Peers
- iHeartMedia
Local audio advertising across radio, podcast, digital and social
- Beasley Broadcast Group
Multi-platform radio, digital and event advertising in U.S. markets
- The Trade Desk
Demand-side platform for programmatic advertising across digital channels
- Thryv
Marketing and sales software platform for local small businesses
- Yext
Local-business visibility management across AI and traditional search
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Townsquare Media | $5.78 | +0.52% | $96.2M | — | 31.1 | 0.2 | −0.1% |
| iHeartMedia | $2.75 | −0.18% | $357.7M | — | — | 0.1 | +4.7% |
| Beasley Broadcast Group | $19.45 | −0.26% | $35.1M | — | — | 0.2 | −16.7% |
| The Trade Desk | $13.60 | +0.18% | $6.38B | 16.0 | 123.2 | 2.1 | +3.0% |
| Thryv | $1.90 | −0.52% | $84.3M | — | — | 0.1 | −28.4% |
| Yext | $6.95 | +0.43% | $692.7M | 90.9 | 9.1 | 1.6 | −1.4% |
| Median | 53.4 | 66.2 | 0.2 | −1.4% |








