| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 31.39 | 12.0% |
| Total Income | 31.39 | 12.0% |
| Expenditure | 38.92 | 19.0% |
| PBT | -7.79 | 6.5% |
| Net Profit | -9.37 | 6.5% |
| OPM | -23.99% | 7.28pp |
| NPM | -29.85% | 1.56pp |
| EPS | -0.11 | 8.3% |
MediaCo Reports Q1 2026 Revenue $31.4 Million, Up 12% Y-o-Y
19 May 2026 · 19 May, 12:36 am
Summary
MediaCo Holding Inc. reported a 12% increase in net revenues for the first quarter of 2026, reaching $31.4 million, driven by new digital revenue sales. The company's digital platform contributed significantly, with nearly half of advertising revenues generated through digital channels. Net loss increased to $9.4 million, primarily due to higher digital expenses and other factors. Adjusted EBITDA was $0.2 million, down from $1.4 million in the prior year due to higher operating and corporate expenses. The company is focused on streamlining operations and building efficiencies to serve the growing multicultural population.
Key Highlights
- 1
MediaCo Holding Inc. reported net revenue of $31.4 million for the first quarter of 2026, an increase of $3.4 million or 12% year-over-year.
- 2
Digital revenue surged, representing 49.5% of advertising sales during the quarter.
- 3
The company's net loss was $9.4 million, compared to a net loss of $8.6 million in the prior year.
- 4
Adjusted EBITDA was $0.2 million, a decrease of $1.2 million from the prior year's $1.4 million.
- 5
EstrellaTV delivered a 38% year-over-year increase in P18-49 prime time in Q1 2026, marking the fourth consecutive quarter of audience growth.
- 6
MediaCo expanded its audio ad sales and distribution capabilities through a new venture with Sigma Audio Networks.
Management Comments
Albert Rodriguez
We delivered double digit growth in our net revenues during the first quarter, as we continued to capitalize on our growing leadership position in serving multicultural audiences though our modern, cross-platform distribution ecosystem. Our growing digital platform is central to driving our success, as half our advertising revenues were generated through our digital channels during the quarter, once again ranking our company among the top performers in our industry. Through our strong pipeline of culturally authentic, high-impact programming combined with our expanding distribution footprint across television, radio, digital and FAST platforms, we are growing our audience reach and elevating our ability to serve advertisers. As we monetize the strategic investments we are making in our assets and expand our revenue sources, we remain focused on streamlining our operations and building efficiencies across our business model. As a result, we believe our future is very bright as we continue to execute on our plan and deliver on our mission in serving the nation’s growing multicultural population.”
Informational and educational content only. Not investment advice.