Salem Media Group has released its third-quarter financial results, and the company has reported a revenue decline during the period.
During the window, the company saw total net revenue of $51.3 million, a year-over-year decline of 13%. Broadcast revenue fell from $46 million to $40.7 million during July, August, and September.
The Digital Media sector for Salem Media Group also saw a decline, from $10.9 million during 2024’s third quarter to $10.6 million in 2025.
The company reported a net loss of $2.3 million during the quarter. That figure was $6.6 million in losses during the same quarter of 2024.
During the first nine months of the year, Salem Media Group has reported a total net loss of $27 million, up from $9.5 million in losses during the same period last year.
The company shared that it had $57.7 million in operating expenses during the period. Some of those costs included improvements related to the write-down of some of its broadcast licenses. That came after a $25.2 million impairment of its licenses in 11 markets in June.
Salem’s total assets were at $326.4 million to end the quarter. That’s down from the $423.1 million it reported at the same time in 2024.
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