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MARKETS / NYSE / TSQ
NYSE · RADIO BROADCASTING STATIONS · MID CAP

Townsquare Media, Inc. TSQ

14 fiscal years on record · USD · FY2025 reported · SEC filings only
$427.4M
▼ 5.2% YoY
$-11.5M
$15.4M
▼ 50.9% YoY
In brief

What this company does

Townsquare is a community-focused digital and broadcast media and digital marketing solutions company principally focused outside the top 50 markets in the U.S. As of December 31, 2025, it employed 1,804 full and part-time employees. The Company has identified three segments, which are Digital Advertising, Subscription Digital Marketing Solutions, and Broadcast Advertising, with the remainder of its business reported in an Other category. The Digital Advertising segment, marketed externally as Townsquare Ignite, is a combination of its proprietary digital programmatic advertising platform, its owned and operated digital properties, and an in-house demand and data management platform, and generated revenue of $161.2 million in 2025. The Subscription Digital Marketing Solutions segment encompasses Townsquare Interactive, its subscription digital marketing solutions business, which generated net revenue of $74.8 million in 2025. Its primary source of Broadcast Advertising net revenue is the sale of advertising on its local radio stations to local, regional and national spot advertisers and national network advertisers, and that segment generated revenue of $183.4 million in 2025. Townsquare was founded in 2010 with 60 radio stations in 13 markets.

Written from the business description in Townsquare Media, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 16 March 2026. Every sentence was checked against that document before publication.

Growth
USD 427.4M
Revenue, FY2025 · full 14-year series below
Revenue $M Net income $M
FY2025 · Revenue 427.4 · Net income -11.5
200M400M-40M-80M20122014201620182020202220242025
Compound annual growth
−2.6%
+2.9%
−0.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +2.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−2 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 10.3% · Net -2.3%
5%10%15%-10%-20%20122014201620182020202220242025
ROE
FY2014 · ROE -7.4%
2%4%-2%-4%-6%20122014201620182020202220242025

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 15.4
20M40M20122014201620182020202220242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks -0.9
8M2016201720182019202020212022202320242025

Total assetsUSD 528.6M
CashUSD 4.8M
Gross debtUSD 433.0M
Net debtUSD 428.2M
Current ratio0.84×

Not available: we don't have the shareholders' equity figure for this period.

The 14-year record
14 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012
Revenue $B0.40.50.50.50.40.40.40.40.40.40.40.40.30.2
Operating income $B0.00.0−0.00.10.1−0.1−0.00.00.00.10.10.00.00.0
EBITDA $B0.10.00.00.10.1−0.1−0.00.00.10.10.10.10.10.0
Income tax $B0.00.0−0.0−0.00.0−0.0−0.00.0−0.00.00.00.00.00.0
Net income $B−0.0−0.0−0.00.00.0−0.1−0.1−0.1−0.00.00.0−0.00.00.0
Free cash flow $B0.00.00.10.00.00.00.00.00.00.00.00.00.00.0
EPS, diluted $·−0.81−2.68·····−0.560.850.37−1.41··
Dividend / sh $0.800.790.75·0.000.070.300.300.000.00····
Payout %·······−6−00····
ROE %···········−7.44.3·
Shares out B·0.02············

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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Provenance
Company facts, as filed
How we verify · 0 failures in 46 reconciliationsAUDITED

Reconciled in 14 of 19 fiscal years. 30 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityRadio Broadcasting Stations
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2012

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