Entravision Communications (EVC) Q1 2026 earnings summary

Executive summary

• Consolidated net revenue rose 114% year-over-year to $197 million in Q1 2026, driven by a 204% increase in ATS segment revenue, while media segment revenue increased 4% due to digital advertising and retransmission fees, offset by declines in broadcast and spectrum revenues.

• Net income attributable to common stockholders was $12.4 million, reversing a net loss of $48.0 million in Q1 2025.

• Operating income reached $20.7 million, compared to a $52.8 million loss in Q1 2025.

• The company acquired Playback Rewards to complement its Adwake business and continued scheduled debt reduction.

• Segment operating profit reached $29.1 million, up from $3.9 million in Q1 2025.

Financial highlights

• Net revenue: $197.0 million in Q1 2026 vs. $91.9 million in Q1 2025 (114% increase).

• Net income: $12.4 million in Q1 2026 vs. net loss of $48.0 million in Q1 2025.

• EPS: $0.13 in Q1 2026 vs. $(0.53) in Q1 2025.

• Cash flow from operations: $21.8 million in Q1 2026 vs. $(15.2) million in Q1 2025.

• Cash and marketable securities at quarter-end: $71.1 million.

Outlook and guidance

• Management expects positive cash flow from operations for the full year 2026 and sufficient liquidity to meet obligations for at least the next twelve months.

• Positioned for a strong political advertising environment in 2026, with major races in key markets expected to drive revenue.

• Continued focus on leveraging AI capabilities and expanding sales capacity to drive ATS growth.