TOWNSQUARE MEDIA financials
$4.72+2.39%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $427.4M | $451.0M | $454.2M | $463.1M | $418.0M | $371.3M | $431.4M | $407.9M | $389.6M | $421.6M |
| Gross profit | $427.4M | $451.0M | $454.2M | $138.1M | $418.0M | $371.3M | $431.4M | $407.9M | $389.6M | $421.6M |
| Gross margin | 100.0% | 100.0% | 100.0% | 29.8% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $35.4M | $20.9M | -$19.0M | $59.8M | $75.1M | -$72.2M | -$37.0M | $18.9M | $49.0M | $75.6M |
| Net income | -$11.5M | -$12.7M | -$45.0M | $12.3M | $16.7M | -$82.5M | -$59.6M | -$98.7M | -$13.7M | $23.3M |
| Net margin | −2.7% | −2.8% | −9.9% | 2.7% | 4.0% | −22.2% | −13.8% | −24.2% | −3.5% | 5.5% |
| Diluted EPS | $-0.71 | $-0.81 | $-2.68 | $0.68 | $0.79 | $-4.46 | $-3.36 | $-5.34 | $-0.49 | $0.85 |
| EBITDA | $75.8M | $88.1M | $92.0M | $114.2M | $101.4M | $60.0M | $99.8M | $93.0M | $89.3M | $92.6M |
| Operating cash flow | $30.6M | $48.7M | $67.8M | $50.2M | $61.1M | $31.5M | $40.0M | $34.8M | $51.4M | $58.4M |
| Free cash flow | $15.4M | $31.3M | $52.8M | $34.4M | $48.7M | $16.5M | $20.3M | $16.7M | $35.6M | $43.3M |
| Diluted shares | 16.2M | 15.6M | 16.8M | 18.2M | 21.2M | 18.5M | 17.7M | 18.5M | 27.9M | 27.3M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $4.8M | $33.0M | $61.0M | $43.4M | $50.5M | $83.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $437.8M | $479.2M | $514.1M | $539.6M | $557.3M | $549.8M |
| Total assets | $528.6M | $580.4M | $652.0M | $744.5M | $726.3M | $768.5M |
| Total liabilities | $569.6M | $608.9M | $642.1M | $675.4M | $676.7M | $667.7M |
| Shareholders' equity | -$41.0M | -$28.4M | $9.9M | $69.1M | $49.6M | $100.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology