SAGA COMMUNICATIONS INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $107.1M | $112.9M | $115.5M | $114.9M | $108.3M |
| Operating expenses | $118.2M | $110.6M | $104.0M | $101.8M | $93.3M |
| Operating income | -$11.0M | $2.4M | $11.5M | $13.1M | $15.1M |
| Interest expense | $434,000 | $348,000 | $173,000 | $130,000 | $284,000 |
| Pretax income | -$10.5M | $4.6M | $12.9M | $14.0M | $15.4M |
| Income tax expense | -$2.6M | $1.1M | $3.4M | $4.8M | $4.3M |
| Net income | -$7.9M | $3.5M | $9.5M | $9.2M | $11.2M |
| Balance Sheet | |||||
| Cash and equivalents | $22.5M | $18.9M | $29.6M | $36.8M | $54.8M |
| Current assets | $49.2M | $47.1M | $60.6M | $67.9M | $74.4M |
| Total assets | $201.3M | $221.7M | $232.2M | $240.8M | $247.9M |
| Current liabilities | $16.2M | $16.6M | $28.0M | $29.4M | $19.2M |
| Total liabilities | $49.8M | $55.8M | $61.7M | $62.2M | $51.0M |
| Stockholders' equity | $151.5M | $165.9M | $170.5M | $178.5M | $196.9M |
| Cash Flow Statement | |||||
| Cash from operations | $5.5M | $13.8M | $15.4M | $17.1M | $19.1M |
| Depreciation and amortization | $5.2M | $5.3M | $5.1M | $5.2M | $5.7M |
| Capital expenditure | $3.0M | $3.8M | $4.4M | $6.0M | $4.0M |
| Free cash flow | $2.4M | $10.0M | $11.0M | $11.1M | $15.1M |
| Dividends paid | $6.4M | $22.5M | $19.9M | $19.8M | $1.9M |
| Impairments | $19.2M | $0 | $0 | — | — |
Shares outstanding 6.4M
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.