| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 33.97 | 8.2% | 8.7% |
| Total Income | 33.97 | 8.2% | 8.7% |
| Expenditure | 38.86 | 0.1% | 2.2% |
| PBT | -8.38 | 7.6% | 1.6% |
| Net Profit | -8.61 | 8.1% | 5.2% |
| OPM | -14.39% | 9.60pp | 7.32pp |
| NPM | -25.36% | 4.49pp | 3.70pp |
| EPS | -0.10 | 9.1% | 9.1% |
MediaCo Reports Q2 2026 Results with 9% Revenue Growth
15 Aug 2026 · 15 Aug, 3:06 am
Summary
MediaCo Holding Inc. announced its financial results for the second quarter ended June 30, 2026, reporting a 9% increase in net revenues to $33.969 million, driven by new digital revenue sales. For the first half of the year, revenues grew 10% to $65.355 million. However, the company experienced an increased net loss in both the quarter ($8.613 million) and year-to-date ($17.981 million), attributed to higher digital expenses, asset disposal losses, and increased interest costs. Adjusted EBITDA also saw a decline in both periods. Management highlighted continued momentum with audience gains and digital revenue strength, while also focusing on streamlining operations and cost reduction initiatives.
Key Highlights
- 1
MediaCo reported second quarter net revenues of $33.969 million, an increase of 9% compared to $31.245 million in the prior year's second quarter.
- 2
For the first half of 2026, net revenues were $65.355 million, up 10% from $59.275 million in the first half of 2025.
- 3
The company reported a net loss of $8.613 million for the second quarter of 2026, an increase from a net loss of $7.390 million in the same period last year.
- 4
Year-to-date net loss for the first half of 2026 was $17.981 million, compared to $15.996 million for the first half of 2025.
- 5
Adjusted EBITDA for the second quarter of 2026 was $942 thousand, down 38% from $1.512 million in the second quarter of 2025.
- 6
Year-to-date Adjusted EBITDA for the first half of 2026 was $1.145 million, a decrease of 61% from $2.918 million in the first half of 2025.
- 7
EstrellaTV, a broadcast network owned by MediaCo, achieved a +38% year-over-year increase in P18-49 prime time audience in the first quarter of 2026, marking its fourth consecutive quarter of audience growth.
Management Comments
Albert Rodriguez
MediaCo delivered 9% revenue growth in the second quarter, outpacing much of the industry, as we continue to build on our leadership position serving multicultural audiences. Our cross-platform strategy is central to this performance: 47% of advertising revenue was generated through digital channels during the quarter, once again ranking us among the top performers in our industry. Combined with a strong sales pipeline, culturally authentic and high-impact programming, and an expanding distribution footprint across television, radio, digital, and FAST platforms, we are growing our audience reach and strengthening our value to advertisers. As we monetize the strategic investments we’ve made in our assets and expand our revenue sources, we remain focused on streamlining operations and building efficiency across the business. At the same time, we implemented a companywide cost and expense reduction initiative to sharpen our operating discipline and drive improved EBITDA and margins. We believe the future is very bright as we position serving multicultural audiences.
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