Townsquare Q2 net loss $41.8M on $115.4M revenue; digital ad revenue up 11% YoY; declares $0.20 dividend

Townsquare Media, Inc.

2026-Q2 EPS reported -$2.26 revenue$212,134,000

Net loss of $41.8M ($2.36 diluted loss) vs net income of $2.0M in Q2 2025; includes $25.1M non-cash FCC license impairment.
Adjusted EBITDA $24.8M, down 6.2% YoY; full-year 2026 guidance reaffirmed at $87-90M.
Digital Advertising revenue grew 11% YoY to $47.1M; Media Partnerships on track to more than double revenue in 2026.
Board declares $0.20/share quarterly dividend, payable Nov 2, 2026 to holders of record Oct 26, 2026 (~13% yield).
Q3 2026 guidance: net revenue $108-110M, Adjusted EBITDA $22.5-23.5M.

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