Townsquare Media, 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 | $427.4M | $451.0M | $454.2M | $463.1M | $418.0M |
| Gross profit | $109.1M | $124.2M | $125.0M | — | — |
| Operating income | $44.2M | $21.7M | -$19.1M | $55.6M | $74.5M |
| Interest expense | $47.9M | $36.2M | $37.2M | $39.8M | $39.8M |
| Pretax income | -$5.0M | -$9.6M | -$49.2M | $13.8M | $29.1M |
| Income tax expense | $4.7M | $1.3M | -$6.1M | -$564,000 | $10.4M |
| Net income | -$11.5M | -$12.7M | -$45.0M | $12.3M | $16.7M |
| Balance Sheet | |||||
| Cash and equivalents | $4.8M | $33.0M | $61.0M | $43.4M | $50.5M |
| Current assets | $69.4M | $105.4M | $132.2M | $120.7M | $120.2M |
| Total assets | $528.6M | $580.4M | $652.0M | $744.5M | $726.3M |
| Current liabilities | $82.2M | $76.3M | $76.1M | $71.7M | $76.0M |
| Total liabilities | $569.6M | $608.9M | $642.1M | $675.4M | $676.7M |
| Total debt | $457.4M | $467.4M | $503.6M | $530.8M | $550.0M |
| Stockholders' equity | -$41.0M | -$28.4M | $9.9M | $69.1M | $49.6M |
| Cash Flow Statement | |||||
| Cash from operations | $30.6M | $48.7M | $67.8M | $50.2M | $61.1M |
| Depreciation and amortization | $18.4M | $19.7M | $19.2M | $19.0M | $19.1M |
| Stock-based compensation | $13.8M | $17.2M | $8.0M | $3.8M | $3.7M |
| Capital expenditure | $15.2M | $17.4M | $15.0M | $15.8M | $12.4M |
| Free cash flow | $15.4M | $31.3M | $52.8M | $34.4M | $48.7M |
| Dividends paid | $13.2M | $12.3M | $9.3M | $0 | $60,000 |
| Share repurchases | $0 | $23.6M | $16.6M | $225,000 | $1.4M |
| Impairments | $8.9M | $37.7M | $90.6M | $31.1M | $1.9M |
Shares outstanding 18.0M
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.