Townsquare Media has unveiled its 2025 financial results, and the company reported an overall revenue decline during the year.
For the year, the company reported $427.4 million in net revenue. That figure represents a 5.2% year-over-year decrease compared to the $451 million it saw in 2024. However, with political advertising from the “unprecedented” levels seen in 2024 excluded, net revenue declined 2.8%.
Digital revenue for the organization grew by just under 1%, with digital advertising rising 1.6%. Broadcast advertising net revenue decreased by 12.6% and 8% with political advertising excluded.
Townsquare Media’s Adjusted EBITDA dropped 12.2% overall during the year.
“Importantly, due to our strong expense management, Adjusted EBITDA margins excluding political were constant year-over-year, despite revenue declines,” Townsquare Media CEO Bill Wilson said. “In addition, our full year net loss improved by $1.2 million year-over-year, to a net loss of $9.8 million.
“In 2025, Townsquare’s Digital business, which now represents 55% of the Company’s total net revenue and 56% of our total Segment Profit, was buoyed by the consistent strength of our differentiated programmatic digital advertising offering, including the success of our Media Partnership division (which we’re proud to announce has expanded from six to eleven partners in 2026), and the direct sales of our local owned and operated digital properties,” continued Wilson.
Wilson added that the company remains “confident in our ability to build shareholder value for our investors through long-term net revenue, Adjusted EBITDA and cash flow growth, net leverage reduction, and future dividend payments.”
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