Entravision Communications — Third Quarter 2026 Earnings Summary

Financial Performance:

• Consolidated revenue increased 88% year-over-year to $226.3 million for the third quarter of 2026, compared to $120.6 million in the same period in 2025; for the nine-month period, revenue rose 108% to $651.2 million versus $313.2 million.
• Segment operating profit surged 465% to $35.2 million for the third quarter of 2026 from $6.2 million in 2025, and increased 545% to $101.1 million for the nine-month period from $15.7 million.
• ATS segment operating profit grew 261% to $35.2 million in the third quarter of 2026 and 411% to $109.5 million for the nine-month period.
• Media segment operating profit improved to a $0.1 million profit in the third quarter of 2026 from a $3.5 million loss in 2025; for the nine-month period, the operating loss narrowed to $8.4 million from $5.8 million.
• Net income attributable to common stockholders was $19.0 million ($0.18 diluted EPS) for the third quarter of 2026, compared to a net loss of $9.7 million ($0.11 diluted EPS) in 2025; for the nine-month period, net income was $51.1 million ($0.50 diluted EPS) versus a net loss of $61.0 million ($0.67 diluted EPS).
• Operating income turned positive to $28.3 million in the third quarter of 2026 from a $9.1 million loss in 2025; for the nine-month period, operating income was $78.9 million compared to a $62.7 million loss.
• Corporate expenses increased 7% for the third quarter of 2026, primarily due to higher stock-based compensation, and remained flat for the nine-month period.
• Cash and cash equivalents plus marketable securities totaled $89.7 million as of September 30, 2026.
• Long-term debt and current maturities totaled $152.3 million as of September 30, 2026.
• Net cash provided by operating activities was $16.1 million for the third quarter of 2026 and $61.7 million for the nine-month period.

Guidance and Future Outlook:

• No forward guidance, future growth projections, or long-term goals were included in the press release.

Business Segments and Product Lines:

• ATS segment net revenue increased 133% to $177.2 million in the third quarter of 2026 and 182% to $514.6 million for the nine-month period, driven by increases in monthly active advertisers and revenue per advertiser resulting from AI capability investments and expanded sales capacity.
• Media segment net revenue increased 10% to $49.1 million in the third quarter of 2026 and 4% to $136.6 million for the nine-month period.
• Media segment growth was primarily driven by increased broadcast advertising revenue (specifically political advertising) and retransmission fees, partially offset by decreases in spectrum usage rights revenue.
• Media segment nine-month growth was also supported by increased digital advertising and retransmission consent revenue.

Market and Competitive Landscape:

• Entravision is identified as the largest affiliate group of the Univision and UniMÁS television networks.
• The company provides video, audio, and digital marketing services to local and national advertisers targeting Latino audiences in the U.S., and offers programmatic advertising technology globally.

Risks and Challenges:

• The press release includes standard forward-looking statement warnings regarding risks, uncertainties, and factors that could cause actual results to differ materially from expectations, referencing filings with the SEC.
• Specific risks mentioned include known and unknown factors affecting future results, though no specific operational risks or challenges were detailed beyond the general forward-looking statement disclaimer.

Management Commentary and Tone:

• No direct management quotes or commentary were included in the press release text.

Analyst Questions and Answers:

• No analyst questions and answers section was included in the press release.

Other Key Points:

• The board of directors approved a quarterly cash dividend of $0.05 per share on Class A and Class U common stock, payable on December 31, 2026, to shareholders of record as of December 17, 2026.
• The company made a $5.0 million scheduled debt payment and paid a $4.6 million dividend in the third quarter of 2026.
• Impairment charges of $5.7 million in the third quarter of 2025 and $29.4 million in the nine-month period of 2025 were eliminated in the current period.
• Loss on lease abandonment of $25.2 million recorded in the nine-month period of 2025 was eliminated in the current period.
• Restructuring costs decreased 88% to $0.4 million in the third quarter of 2026 from $3.2 million in 2025, and decreased 57% to $1.4 million for the nine-month period from $3.2 million.
• Capital expenditures were $2.6 million for the third quarter of 2026 and $9.7 million for the nine-month period.
• Trade receivables increased to $152.4 million as of September 30, 2026, from $94.9 million as of December 31, 2025.
• Total stockholders' equity increased to $101.8 million as of September 30, 2026, from $55.4 million as of December 31, 2025.