---
schema_version: "secwatch.filing_event.v1"
accession: "0001499832-26-000030"
form_type: "8-K"
ticker: "TSQ"
cik: "0001499832"
company_name: "Townsquare Media, Inc."
filed_at: "2026-05-11T23:59:59+00:00"
generated_at: "2026-05-14T18:35:03.345770+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Townsquare Q1: revenue down 1.9% YoY, digital drives 63% of profit; declares $0.20 quarterly dividend

## Summary
- Q1 net revenue $96.7M (-1.9% YoY); net income $3.0M vs net loss $1.5M a year ago.
- Digital Advertising revenue +6.8% to $39.2M; Broadcast Advertising -6.6%; Subscriptions -7.9%.
- Digital now 59% of net revenue and 63% of segment profit – highest ever.
- Adjusted EBITDA $16.4M (-9.7%); Q2 2026 guidance: revenue $114-116M, Adj. EBITDA $24-25M.
- Board declares $0.20 quarterly dividend (yield ~12%), payable Aug 3, record July 27.

## SEC filing metadata
- accession: 0001499832-26-000030
- form_type: 8-K
- ticker: TSQ
- cik: 0001499832
- company_name: Townsquare Media, Inc.
- filed_at: 2026-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499832/000149983226000030/0001499832-26-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499832/000149983226000030/tsq-20260511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001499832-26-000030
- JSON: https://secwatch.observer/filing/0001499832-26-000030.json
- Plain text: https://secwatch.observer/filing/0001499832-26-000030.txt

## Source-grounded claims
- claim_id: 2c4f16f729825c8b079af66fbb9cee86174c30a0
  claim: Townsquare Media, Inc. reported first quarter ended March 31, 2026 results: revenue $96.1 million, net income $3.0 million, EPS $0.16. Guidance reaffirmed.
  evidence_excerpt: by our clients. Excluding political revenue of $0.6 million for each of the three months ended March 31, 2026 and 2025, net revenue decreased $2.0 million, or 2.0%, to $96.1 million, Broadcast Advertising net revenue decreased $2.8 million, or 6.9%, to $38.0 million, and Digital Advertising net revenue increased $2.5 million, or 6.9%, to $39.2 million. Net
  evidence_url: https://www.sec.gov/Archives/edgar/data/1499832/000149983226000030/0001499832-26-000030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
