Townsquare Media, Inc. (TSQ) Financial Statements
Industry: Radio Broadcasting Stations
In fiscal 2025, Townsquare Media reported revenue of $427.4M, down 5.2% from $451.0M the year before. Net income was -$11.5M (a -2.7% net margin), or -$0.71 per diluted share. Gross margin was 25.5% and operating margin was 10.3%. Operating activities generated $30.6M of cash, leaving $15.4M of free cash flow. At fiscal year end, Townsquare Media held $528.6M in total assets against $569.6M in total liabilities, including $4.8M of cash and equivalents.
Open the full interactive Townsquare Media financials → Quarterly statements, key ratios, valuation history and price charts.
Townsquare Media Key Stats
| Share Price | $4.16 |
|---|---|
| Market Cap | $74.1M |
| Revenue YoY Growth | -5.2% |
| 52-Week Range | $3.98 – $7.25 |
| Shares Outstanding | 17.8 million (basic, 2026 Q2) |
Townsquare Media Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $371.3M | $418.0M | $463.1M | $454.2M | $451.0M | $427.4M |
| Cost of Goods Sold | $446.3M | $343.5M | $407.5M | $473.4M | $429.3M | $383.2M |
| Gross Profit | -$75.0M | $74.5M | $55.6M | -$19.1M | $124.2M | $109.1M |
| Operating Income | -$75.0M | $74.5M | $55.6M | -$19.1M | $21.7M | $44.2M |
| Pre-Tax Income | -$104.4M | $29.1M | $13.8M | -$49.2M | -$9.6M | -$5.0M |
| Income Tax | -$23.9M | $10.4M | -$564,000 | -$6.1M | $1.3M | $4.7M |
| Net Income | -$82.5M | $16.7M | $12.3M | -$45.0M | -$12.7M | -$11.5M |
| Diluted EPS | -$4.42 | $0.79 | $0.68 | -$2.68 | -$0.81 | -$0.71 |
Townsquare Media Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $106.8M | $106.5M | $96.8M | $115.4M |
| Net Income | -$5.9M | -$5.2M | $2.8M | -$42.0M |
| Diluted EPS | -$0.36 | -$0.32 | $0.16 | -$2.36 |
Townsquare Media Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $83.2M | $50.5M | $43.4M | $61.0M | $33.0M | $4.8M |
| Current Assets | $154.3M | $120.2M | $120.7M | $132.2M | $105.4M | $69.4M |
| Total Assets | $768.5M | $726.3M | $744.5M | $652.0M | $580.4M | $528.6M |
| Current Liabilities | $65.8M | $76.0M | $71.7M | $76.1M | $76.3M | $82.2M |
| Total Long-Term Debt | $543.4M | $541.5M | $524.4M | $499.7M | $465.8M | $433.0M |
| Total Liabilities | $667.7M | $676.7M | $675.4M | $642.1M | $608.9M | $569.6M |
| Shareholders' Equity | $100.8M | $49.6M | $69.1M | $9.9M | -$28.4M | -$41.0M |
Townsquare Media Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $31.5M | $61.1M | $50.2M | $67.8M | $48.7M | $30.6M |
| Cash From Investing | -$14.0M | -$10.6M | -$37.8M | -$3.6M | -$9.9M | -$4.5M |
| Cash From Financing | -$18.9M | -$83.2M | -$19.5M | -$46.6M | -$67.4M | -$54.3M |
| Free Cash Flow | $16.5M | $48.7M | $34.4M | $52.8M | $31.3M | $15.4M |
Figures from Townsquare Media's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Townsquare Media financials page for every line item.
Townsquare Media Company Profile
| Ticker | TSQ |
|---|---|
| Exchange | NYSE |
| Industry | Radio Broadcasting Stations |
| Headquarters | Purchase, New York |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0001499832 |
Frequently Asked Questions
What was Townsquare Media's revenue in fiscal 2025?
Townsquare Media (TSQ) reported revenue of $427.4M for fiscal 2025.
What is Townsquare Media's annual revenue history?
Townsquare Media's annual revenue by fiscal year: 2020: $371.3M; 2021: $418.0M; 2022: $463.1M; 2023: $454.2M; 2024: $451.0M; 2025: $427.4M.
What was Townsquare Media's net income in fiscal 2025?
Townsquare Media reported net income of -$11.5M for fiscal 2025.
What was Townsquare Media's earnings per share (EPS) in fiscal 2025?
Townsquare Media's diluted EPS was -$0.71 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Townsquare Media generate in fiscal 2025?
Townsquare Media generated $15.4M of free cash flow in fiscal 2025.
What was Townsquare Media's revenue last quarter?
In its most recent reported quarter (2026 Q2), Townsquare Media reported revenue of $115.4M.
How much debt does Townsquare Media have?
Townsquare Media reported $433.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Townsquare Media are outstanding?
Townsquare Media reported a weighted average of 17.8 million basic shares outstanding in 2026 Q2.
What is Townsquare Media's market cap?
Based on its latest closing price, Townsquare Media (TSQ) has a market capitalization of about $74.1M.
When does Townsquare Media's fiscal year end?
Townsquare Media's fiscal year end, as registered with the SEC, is December 31.
Where is Townsquare Media headquartered?
Townsquare Media lists its business address in Purchase, New York in its SEC filings.