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Townsquare Media, Inc. (TSQ) stock

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NYSE: TSQ NYSE Broadcasting Next results ~November 4, 2026

D Fundamentals grade

Townsquare Media, Inc. is a US-listed company in the broadcasting industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: after-tax interest is 748% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Price vs value

Under review: after-tax interest is 748% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy. We'll show the comparison once resolved.

Townsquare Media, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 5 selling3 purchases and 14 sales by directors and officers, last 12 monthsInsider trades
  • Funds23 adding, 28 cuttingOf 11 active managers that changed their stake, 5 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Townsquare Media files

Where Townsquare Media stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $425m, down 4.9% on a year earlier, a smaller fall than the 5.5% decline a quarter earlier. Free-cash-flow margin fell to 3.4% from 7.0% a year earlier. Operating margin narrowed to 0.6% from 14.4%. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 0 of our 5 financial-health checks.

Our model value for Townsquare Media is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Townsquare Media, Inc.'s trailing-twelve-month revenue fell 4.9% year on year, with a free-cash-flow margin of 3.4%. Where it lags: stock pay as % of revenue of 3.0% ranks 11 of 11 broadcasting companies we cover.

Our discounted-cash-flow model values the business at ~$14 per share in the base case (~$3.6–$27 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Operating margin compressing: TTM operating margin fell to 0.6%, down 13.9pp year over year.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Townsquare Media, Inc.'s latest figures clears our strength thresholds.

Things to watch

  • Results due soon. Results are expected around 9 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 4.9% over the last 12 months.
  • Margins narrowing. Operating margin is down 13.9 points on a year ago.
  • Volatile shares. Over the past year the shares showed annualised volatility of 59% and a beta of 1.0 against the S&P 500.
  • Gross margin slipping. Gross margin is down 2.9 points on a year ago.
  • Below peers: stock pay as % of revenue. Stock pay as % of revenue of 3.0% ranks 11 of 11 broadcasting companies we cover (median 1.1%).

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
$0.21 against an average estimate of $0.19: beat by 10.5%
Revenue
$115m, down 0.1% on a year earlier
Share reaction
+1.9% in the first session after the results on August 6, 2026, against +0.5% for the S&P 500
Next report
November 4, 2026; average EPS estimate $0.12

Townsquare Media's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-4.4%
  • 1 week-1.3%
  • 1 month-29.5%
  • This year-28.2%
  • 1 year-43.9%
  • 5 years-68.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$425M
Operating margin
0.6%
Net margin
-11.8%
EPS (TTM, diluted)
$-2.96

Growth

Revenue growth
−4.9%
Change in growth rate
+0.6 pts

Cash

Free cash flow (TTM)
$14.3M
FCF margin
3.4%
Stock pay % of revenue
3.0%

Earnings

Last results
August 6, 2026
Next results (est.)
November 9, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Townsquare Media, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: after-tax interest is 748% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Our value per share comes from a discounted-cash-flow model of Townsquare Media, Inc.'s free cash flow after stock-based pay ( $42.8M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$7.32$6.37$4.70$2.62$6.71$4.55$9.11$4.96$7.80$7.07$4.43$3.18
Market value$203m$174m$131m$48m$124m$85m$194m$90m$131m$110m$72m$54m
+ Net debt (− = net cash)$568m$532m−$61m$500m$476m$463m$499m$487m$443m$434m$453m$461m
Enterprise value$771m$706m$70m$548m$600m$547m$693m$578m$573m$545m$524m$515m
Multiples
Price / sales 0.5x0.4x0.3x0.1x0.3x0.2x0.5x0.2x0.3x0.2x0.2x0.1x
Price / earnings 20.7x7.6x————11.6x7.3x————
Price / free cash flow 18.1x4.0x3.7x2.9x6.1x5.1x4.0x2.6x2.5x3.5x4.7x3.8x
EV / EBITDA 7.8x7.7x1.1x14.7x——7.4x7.7xn/m13.2x8.4x24.1x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

40 /100

Weak moat

How hard Townsquare Media's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -1.9% of total assets over 10 years.

  • Durability 2 / 20

    Operating margin has been a median 9.0%; its worst year was -45.1%.

  • Cash conversion 14 / 20

    Free cash flow was positive in 10 of 10 years, at a median 7.9% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 43.3% over five years; stock-based pay has been a median 0.9% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (44 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, before the open. Analysts expect revenue of $109m and EPS of $0.12 (range $0.12 to $0.12) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.34 +31% $430m +1%
Next $0.27 −21% $431m +0%

Next year's EPS estimate has moved −6.9% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −35.8% on 90 days ago. In the last 30 days, 1 analyst raised Townsquare Media, Inc.'s forecast and 0 cut it.

Consensus EPS forecast Townsquare Media, Inc., last 90 days
$0.20 $0.30 $0.40 $0.50 $0.60 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.53 Current fiscal year, 60 days ago: $0.34 Current fiscal year, 30 days ago: $0.34 Current fiscal year, 7 days ago: $0.34 Current fiscal year, Now: $0.34 $0.34 Next fiscal year, 90 days ago: $0.29 Next fiscal year, 60 days ago: $0.27 Next fiscal year, 30 days ago: $0.27 Next fiscal year, 7 days ago: $0.27 Next fiscal year, Now: $0.27 $0.27

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.53$0.29
60 days ago $0.34$0.27
30 days ago $0.34$0.27
7 days ago $0.34$0.27
Now $0.34$0.27

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.19 $0.21 +10.5%
Mar 2026 −$0.13 −$0.16 −23.1%
Dec 2025 $0.11 $0.05 −54.5%
Sept 2025 $0.03 $0.05 +66.7%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Townsquare Media, Inc.'s revenue by +1.7% next year and +1.8% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+1.3%, weight 45%) and the company's own record (+2.0%, weight 55%) . How the weights are set.

Analyst recommendations

2 analysts, Oct 2026
Buy2100%
Hold00%
Sell00%

Monthly trend

  1. Oct 2026112
  2. Sep 2026112

Counts of recommendations published by analysts covering Townsquare Media, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
2.3%
of tradable shares
Days to cover
3.77
at average volume
Short interest, 1 month
+46%
to October 15, 2026
Held by institutions
69%
of shares
Held by insiders
10.5%
of shares
Employees
1,804
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months −41.2%

$5.41 on October 31, 2025 to $3.18

ThenNowEffect
Revenue (last 12 months) $447m $425m −4.9%
P/S multiple 0.2x 0.1x −35.2%
Share count 16m 17m −4.7%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −51.8%

$6.60 on November 3, 2023 to $3.18

ThenNowEffect
Revenue (last 12 months) $465m $425m −8.6%
P/S multiple 0.2x 0.1x −48.2%
Share count 17m 17m +1.7%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
TSQ+100%−46%+57%−9%−37%−28%
Industry peers (median)+27%−32%−9%−46%+12%−11%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
TSQ58%25%67%42%33%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
TSQ−19%−47%−33%−28%−52%−57%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 71% from November 9, 2021 to October 30, 2026. Getting back needed a 240% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$2.97 – $6.87
From 52-week high
−53.7%
vs 50-day average
−28.2%
vs 200-day average
−42.0%
Volatility (1 year)
59%
Beta vs S&P 500
1.04

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±5.2%
After a week
5 up, 7 down
typical move ±8.4%
After a month
4 up, 8 down
typical move ±9.3%
Results releasedNext dayS&P 500 next day5 days21 days
August 6, 2026 +1.9% +0.5% −10.4% −11.6%
May 11, 2026 +1.1% +0.1% −8.1% −0.8%
March 16, 2026 −16.5% +1.3% −23.4% −4.9%
November 10, 2025 −10.8% +1.8% −18.8% −14.2%
August 6, 2025 −3.3% +0.7% +0.9% +3.9%
May 8, 2025 +4.5% +0.6% +3.1% +6.4%
March 17, 2025 +3.2% −0.3% +4.6% −6.9%
November 7, 2024 −2.8% +1.2% −1.9% −1.4%
August 7, 2024 +4.6% +1.6% −8.7% −13.3%
May 9, 2024 −3.5% +0.7% −8.6% −14.8%
March 15, 2024 +7.1% −0.1% +4.9% +19.3%
November 9, 2023 +3.7% +0.8% +7.8% +14.4%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Townsquare Media, Inc. in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Townsquare Media, Inc.
$420M $430M $440M $450M $460M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $459.7M Revenue (TTM), FY23 Q4: $454.2M Revenue (TTM), FY24 Q1: $450.8M Revenue (TTM), FY24 Q2: $447.7M Revenue (TTM), FY24 Q3: $448M Revenue (TTM), FY24 Q4: $451M Revenue (TTM), FY25 Q1: $450M Revenue (TTM), FY25 Q2: $447.2M Revenue (TTM), FY25 Q3: $438.7M Revenue (TTM), FY25 Q4: $427.4M Revenue (TTM), FY26 Q1: $425.5M Revenue (TTM), FY26 Q2: $425.4M $425.4M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $459.7M
FY23 Q4 $454.2M
FY24 Q1 $450.8M
FY24 Q2 $447.7M
FY24 Q3 $448M
FY24 Q4 $451M
FY25 Q1 $450M
FY25 Q2 $447.2M
FY25 Q3 $438.7M
FY25 Q4 $427.4M
FY26 Q1 $425.5M
FY26 Q2 $425.4M
Revenue growth, TTM YoY Townsquare Media, Inc.
-6% -4% -2% 0% 2% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 1.4% Revenue growth, TTM YoY, FY23 Q4: -1.9% Revenue growth, TTM YoY, FY24 Q1: -3.3% Revenue growth, TTM YoY, FY24 Q2: -3.8% Revenue growth, TTM YoY, FY24 Q3: -2.6% Revenue growth, TTM YoY, FY24 Q4: -0.7% Revenue growth, TTM YoY, FY25 Q1: -0.2% Revenue growth, TTM YoY, FY25 Q2: -0.1% Revenue growth, TTM YoY, FY25 Q3: -2.1% Revenue growth, TTM YoY, FY25 Q4: -5.2% Revenue growth, TTM YoY, FY26 Q1: -5.5% Revenue growth, TTM YoY, FY26 Q2: -4.9% -4.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 1.4%
FY23 Q4 -1.9%
FY24 Q1 -3.3%
FY24 Q2 -3.8%
FY24 Q3 -2.6%
FY24 Q4 -0.7%
FY25 Q1 -0.2%
FY25 Q2 -0.1%
FY25 Q3 -2.1%
FY25 Q4 -5.2%
FY26 Q1 -5.5%
FY26 Q2 -4.9%
Operating margin (TTM) Townsquare Media, Inc.
-10% 0% 10% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -0.6% Operating margin (TTM), FY23 Q4: -4.2% Operating margin (TTM), FY24 Q1: -3.7% Operating margin (TTM), FY24 Q2: -7.4% Operating margin (TTM), FY24 Q3: -1.7% Operating margin (TTM), FY24 Q4: 4.8% Operating margin (TTM), FY25 Q1: 4.9% Operating margin (TTM), FY25 Q2: 14.4% Operating margin (TTM), FY25 Q3: 12.6% Operating margin (TTM), FY25 Q4: 10.3% Operating margin (TTM), FY26 Q1: 8.4% Operating margin (TTM), FY26 Q2: 0.6% 0.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -0.6%
FY23 Q4 -4.2%
FY24 Q1 -3.7%
FY24 Q2 -7.4%
FY24 Q3 -1.7%
FY24 Q4 4.8%
FY25 Q1 4.9%
FY25 Q2 14.4%
FY25 Q3 12.6%
FY25 Q4 10.3%
FY26 Q1 8.4%
FY26 Q2 0.6%
FCF margin (TTM) Townsquare Media, Inc.
0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 9.3% FCF margin (TTM), FY23 Q4: 11.6% FCF margin (TTM), FY24 Q1: 9.8% FCF margin (TTM), FY24 Q2: 6.8% FCF margin (TTM), FY24 Q3: 7.2% FCF margin (TTM), FY24 Q4: 6.9% FCF margin (TTM), FY25 Q1: 6.6% FCF margin (TTM), FY25 Q2: 7.0% FCF margin (TTM), FY25 Q3: 7.0% FCF margin (TTM), FY25 Q4: 3.6% FCF margin (TTM), FY26 Q1: 4.8% FCF margin (TTM), FY26 Q2: 3.4% 3.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 9.3%
FY23 Q4 11.6%
FY24 Q1 9.8%
FY24 Q2 6.8%
FY24 Q3 7.2%
FY24 Q4 6.9%
FY25 Q1 6.6%
FY25 Q2 7.0%
FY25 Q3 7.0%
FY25 Q4 3.6%
FY26 Q1 4.8%
FY26 Q2 3.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 223 269 374 441 422 390 408 431 371 418 463 454 451 427 425
Gross profit — — — — — — — — — — — 125 124 109 106
EBITDA 49 60 55 99 92 66 37 −11 −55 94 75 0 41 63 21
Operating income 35 46 41 85 74 47 18 −37 −75 74 56 −19 22 44 2
Net income 6 10 −17 10 23 −14 −99 −68 −82 17 12 −45 −13 −12 −50
Diluted EPS — — −$1.41 $0.37 $0.85 −$0.56 — — — — — −$2.68 −$0.81 — −$2.96
Growth (year on year)
Revenue — +20.6% +39.2% +18.0% −4.5% −7.6% +4.7% +5.8% −13.9% +12.6% +10.8% −1.9% −0.7% −5.2% −4.9%
EBITDA — +23.4% −8.1% +79.7% −7.9% −28.2% −43.1% −130.2% — — −20.2% −99.9% — +51.4% −74.3%
Operating income — +31.4% −12.2% +109.0% −12.1% −36.4% −62.4% −308.4% — — −25.4% −134.4% — +103.8% −96.2%
Net income — +57.2% −272.7% — +134.2% −159.7% — — — — −26.3% −464.4% — — −243.8%
Diluted EPS — — — — +129.7% −165.9% — — — — — — — — —
Margins
Gross margin — — — — — — — — — — — 27.5% 27.5% 25.5% 24.8%
EBITDA margin 21.9% 22.4% 14.8% 22.5% 21.7% 16.9% 9.2% −2.6% −14.8% 22.4% 16.1% 0.0% 9.2% 14.6% 5.0%
Operating margin 15.8% 17.2% 10.8% 19.2% 17.7% 12.2% 4.4% −8.6% −20.2% 17.8% 12.0% −4.2% 4.8% 10.3% 0.6%
Net margin 2.9% 3.7% −4.6% 2.2% 5.5% −3.5% −24.2% −15.7% −22.2% 4.0% 2.7% −9.9% −2.8% −2.7% −11.8%
Free-cash-flow margin 4.5% 6.2% 8.5% 2.5% 10.3% 9.1% 4.1% 4.7% 4.5% 11.6% 7.4% 11.6% 6.9% 3.6% 3.4%
Cash flow
Cash from operations 20 26 45 26 58 51 35 40 31 61 50 68 49 31 28
Capital spending 10 10 14 15 15 16 18 20 15 12 16 15 17 15 14
Free cash flow 10 17 32 11 43 36 17 20 17 49 34 53 31 15 14
Stock-based pay 0 0 38 4 4 1 2 3 2 4 4 8 17 14 13
Free cash flow after stock pay 10 17 −6 7 39 35 15 18 14 45 31 45 14 2 1
Balance sheet
Cash — — — 30 47 61 61 85 83 51 43 61 33 5 1
Total debt 0 653 532 599 579 — 560 560 546 550 531 504 467 457 462
Net debt (negative = net cash) — — — 568 532 −61 500 476 463 499 487 443 434 453 461
Diluted shares — — 12m 28m 27m 28m 18m 19m 19m 21m 18m 17m 16m 16m 17m
Returned to shareholders
Dividends — — — — 0 0 6 8 4 0 0 9 12 13 14
Buybacks 0 0 0 0 — 0 0 0 0 1 0 17 24 0 —
Total returned 0 0 0 0 0 0 6 9 4 1 0 26 36 13 14

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

0 of 5 checks passed · June 30, 2026
What it owns · $495m
Short-term assets $75mLonger-term assets $420m
What it owes, and who funded it · $574m
Short-term liabilities $81mLonger-term liabilities $493mShareholders' equity $-79m
  • Short-term assets cover short-term liabilities $75m of assets due within a year against $81m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $75m short-term assets against $493m of longer-dated liabilities.
  • More cash than debt $1m of cash against $440m of debt.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $28m of operating cash flow against $440m of debt.
  • Operating profit covers interest at least five times over Operating income of $2m against $48m of interest.

From Townsquare Media, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2025 Q4 TTM
Buybacks (TTM)
$0
Dividends (TTM)
$13.9M
Returned to shareholders
86%
of free cash flow
Buybacks, last 3 fiscal years
$40.2M
Total shareholder yield
24.5%
dividends 24.5% + buybacks 0.0% of market value
Days sales outstanding
52 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in broadcasting
Last 12 months unless stated TSQ UONE EVC BBGI SGA SSP Median
Revenue, last 12 months $425m $354m $680m $191m $104m $2.1bn $2.2bn
Revenue growth, last 12 months −4.9% −14.0% 71.4% −16.1% −5.8% −14.2% −4.9%
Revenue growth, 3-year average −2.9% −10.5% 46.1% −9.5% −3.6% −4.5% −2.9%
Revenue growth, latest quarter −0.1% −6.4% 126.2% −16.7% −6.5% −9.2% −0.1%
Gross margin 24.8% 71.6% 51.1% — — — 51.1%
Operating margin 0.6% −18.4% 3.1% −116.1% −12.3% −50.3% 1.4%
Operating margin, 3-year average 2.5% −25.0% −10.1% −47.2% −1.8% −11.8% 0.4%
Net margin −11.8% −19.0% 0.6% −55.7% −8.5% −58.0% −0.9%
Cash from operations / revenue 6.6% 3.0% 9.4% −12.2% 2.0% 4.0% 6.6%
Free-cash-flow margin 3.4% −0.2% 8.0% −14.8% −1.0% 1.7% 3.4%
Free-cash-flow margin, 3-year average 5.7% 4.1% 9.8% −7.1% 4.9% 5.0% 5.7%
Stock pay / revenue 3.0% 0.2% 1.9% 0.1% — 0.8% 1.0%
Change in share count −0.6% 3.2% 5.6% 5.7% 0.1% 3.0% 2.1%

Median of all 13 companies we cover in broadcasting. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

13 broadcasting companies
Measure Company Peer median Rank
Revenue growth Growth -4.9% -4.9% 7 of 13
Change in growth rate Growth +0.6pp +1.0pp 8 of 13
Operating margin Profitability 0.6% 2.3% 7 of 12
Net margin Profitability -11.8% -0.9% 10 of 13
Free-cash-flow margin Cash generation 3.4% 3.4% 7 of 13
Stock pay as % of revenue Cash generation 3.0% 1.1% 11 of 11
Long-term debt as % of assets Balance sheet 86.4% 55.6% 12 of 13
Days sales outstanding Balance sheet 52 days 73 days 4 of 13

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Broadcast Advertising $183M 43.7% ▼ 12.6%
Digital Advertising $161M 38.4% ▲ 1.6%
Subscription Digital Marketing Solutions $74.8M 17.8% ▼ 0.7%

From Townsquare Media, Inc.'s 10-K filed March 16, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$67.8M
Institutions reporting
62
Shares held vs prior quarter
▲ 0.1%
Positions opened / closed
7 / 9

Top buyers and sellers, Q2 2026: 23 institutions bought and 28 sold ; the biggest buyer was Capital Management Corp (+372K shares) and the biggest seller Beck Mack & Oliver LLC (−141K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Capital Management Corp $20.3M 2.9M 29.9% ▲ 14.9%
American Century Companies Inc $5.8M 824K 8.6% ▼ 0.5%
Msd Capital, L.P. $4.4M 615K 6.4% ▼ 15.4%
Vanguard Capital Management LLC $3.8M 544K 5.7% ▲ 3.8%
Beck Mack & Oliver LLC $3.3M 473K 4.9% ▼ 23.0%
Jb Capital Partners LP $3.2M 468K 4.7% 0.0%
Renaissance Technologies LLC $3M 424K 4.4% ▼ 3.9%
Rbf Capital, LLC $2.8M 393K 4.1% 0.0%
GAMCO Investors, Inc. Et Al $2.7M 382K 4.0% ▼ 0.8%
Envestnet Asset Management Inc $1.7M 235K 2.5% ▲ 0.4%
Castleknight Management LP $1.5M 214K 2.2% 0.0%
Blackrock, Inc. $1.2M 174K 1.8% ▲ 8.4%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Townsquare Media, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $18,003 3 trades by 1 insider, last 12 months Insider sales History → $2.3M 14 trades by 5 insiders · 0% under pre-set plans
Net ▼ $2.3M net selling
Insider Date Trade Shares Price Value
Wilson Bill Chief Executive Officer August 12, 2026 Sell 21,420 $5.54 $118,667
Wilson Bill Chief Executive Officer August 11, 2026 Sell 126,744 $5.61 $711,034
Hellum Erik COO June 9, 2026 Sell 35,000 $6.44 $225,400
Worshek Robert L. SVP, Chief Accounting Officer May 28, 2026 Sell 34,299 $6.62 $227,059
Yenicay Claire Marie EVP, Inv Rel and Corp Comm May 20, 2026 Sell 19,716 $6.09 $120,070
Yenicay Claire Marie EVP, Inv Rel and Corp Comm May 19, 2026 Sell 15,718 $6.04 $94,937
Yenicay Claire Marie EVP, Inv Rel and Corp Comm May 18, 2026 Sell 17,717 $6.05 $107,188
Schatz Scott EVP, Finance Op and Tech May 4, 2026 Buy 943 $6.51 $6,139
Schatz Scott EVP, Finance Op and Tech March 23, 2026 Sell 34,836 $5.25 $182,889
Schatz Scott EVP, Finance Op and Tech March 20, 2026 Sell 21,090 $5.02 $105,872
Schatz Scott EVP, Finance Op and Tech March 19, 2026 Sell 28,980 $5.08 $147,218
Hellum Erik COO February 18, 2026 Sell 20,106 $6.58 $132,297

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 9, 2026 estimated from the company's past filing pattern, not announced

  • August 6, 2026
  • May 11, 2026
  • March 16, 2026
  • November 10, 2025
  • August 6, 2025
  • May 8, 2025

Recent SEC filings

Data status

When each part of this page on Townsquare Media, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Townsquare Media, Inc. in brief

What does Townsquare Media, Inc. do?
Townsquare Media, Inc. is a US-listed company in the broadcasting industry. Its financial year ends in December.
What is Townsquare Media, Inc.'s stock ticker?
Townsquare Media, Inc. trades under the ticker TSQ on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Townsquare Media, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Townsquare Media, Inc. reported revenue of $425M, 4.9% lower than a year earlier, according to its SEC filings.
What is Townsquare Media, Inc.'s free cash flow?
Townsquare Media, Inc.'s free-cash-flow margin is 3.4% of revenue over the trailing twelve months, ranking 7 of the 13 broadcasting companies we cover.
Who are Townsquare Media, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Capital Management Corp, American Century Companies Inc and Msd Capital, L.P. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Townsquare Media, Inc.'s market cap?
On November 2, 2026, Townsquare Media, Inc.'s market capitalisation was about $54M and net debt of $461M. Market figures come from third-party market data and may be delayed.
Does Townsquare Media, Inc. pay a dividend?
Yes: Townsquare Media, Inc. paid $13.9M in dividends over the trailing twelve months, a dividend yield of 24.51%.
Who are Townsquare Media, Inc.'s competitors?
In our Broadcasting peer group, the companies closest to Townsquare Media, Inc. are Urban ONE, Inc., Entravision Communications Corp, Beasley Broadcast Group Inc, Saga Communications Inc and E.w. Scripps Co. The side-by-side comparison below sets their revenue, margins and growth against Townsquare Media, Inc.'s.
Are insiders buying or selling Townsquare Media, Inc. stock?
Over the last 12 months, Townsquare Media, Inc.'s directors and officers reported 3 open-market purchases and 14 sales on Form 4. The insider trading page charts every trade.
When is Townsquare Media, Inc.'s next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Townsquare Media, Inc. announces its own schedule.