Digital Revenue Jumps 30% to $26.1M, Lifts Townsquare Media Q1 Results
Townsquare Media’s Q1 2026 net revenue rose 8% year-over-year to $78.5 million, driven by a 30% surge in digital revenue to $26.1 million. Adjusted EBITDA climbed 14% to $14.2 million as both advertising and live events segments delivered mid-single-digit growth.
1. Q1 Revenue Growth
Townsquare Media reported Q1 net revenue of $78.5 million, up 8% from the same period last year, with digital offerings representing the fastest-growing component of the business.
2. Digital Segment Performance
Digital revenue climbed 30% to $26.1 million as the company expanded its streaming, content marketing, and data services, increasing digital’s contribution to total sales.
3. Profit and Segment Trends
Adjusted EBITDA rose 14% to $14.2 million, reflecting improved margins in digital and live events, while traditional radio advertising saw mid-single-digit growth.