Entravision Communications Corporation (NYSE: EVC), a media and advertising technology company, today announced financial results for its third quarter ended September 30, 2026.

Consolidated revenue increased 88% to $226.3 million for third quarter 2026 compared to $120.6 million for third quarter 2025, and increased 108% to $651.2 million for nine-month period ended September 30, 2026 compared to $313.2 million for same period in 2025.

ATS segment net revenue increased 133% to $177.2 million for third quarter 2026 compared to $76.1 million for third quarter 2025, and increased 182% to $514.6 million for nine-month period ended September 30, 2026 compared to $182.3 million for same period in 2025, primarily due to increases in monthly active advertisers and revenue per monthly active advertiser, which were driven by investments we made in the AI capabilities of our platform and increased sales capacity.

Media segment net revenue increased 10% to $49.1 million for third quarter 2026 compared to $44.5 million for third quarter 2025, primarily due to a an increase in broadcast advertising revenue, primarily political advertising revenue, and an increase in retransmission fees, partially offset by a decrease in revenue from spectrum usage rights. Media segment net revenue increased 4% to $136.6 million for nine-month period ended September 30, 2026 compared to $130.9 million for same period in 2025 primarily due to an increase in broadcast advertising revenue, primarily political advertising revenue, an increase in digital advertising revenue and an increase in retransmission consent revenue, partially offset by a decrease in spectrum usage rights revenue.

Segment operating profit increased 465% to $35.2 million for third quarter 2026 compared to $6.2 million for third quarter 2025, and increased 545% to $101.1 million for nine-month period ended September 30, 2026 compared to $15.7 million for same period in 2025.

ATS segment operating profit increased 261% to $35.2 million for third quarter 2026, compared to $9.8 million for third quarter 2025. ATS segment operating profit increased 411% to $109.5 million for nine-month period ended September 30, 2026, compared to $21.4 million for nine-month period ended September 30, 2025.

Media segment operating profit was $0.1 million for third quarter 2026, compared to operating loss of $3.5 million for third quarter 2025. Media segment operating loss was $8.4 million for nine-month period ended September 30, 2026, compared to operating loss of $5.8 million for nine-month period ended September 30, 2025.

Corporate expenses increased 7% for third quarter 2026 compared to third quarter 2025, primarily due an increase in stock-based compensation. Corporate expenses remained constant for nine-month period ended September 30, 2026 compared to same period in 2025.

The company made a $5.0 million scheduled debt payment and paid a dividend of $4.6 million in third quarter 2026.

The company had $89.7 million in cash and cash equivalents and marketable securities and $152.3 million of long-term debt and current maturities of long-term debt as of September 30, 2026.

Entravision’s board of directors approved a quarterly cash dividend to shareholders of $0.05 per share on the company’s Class A and Class U common stock. The dividend is payable on December 31, 2026 to shareholders of record as of the close of business on December 17, 2026.

Notice of Conference Call

Entravision will host a webinar to discuss its third quarter 2026 results on Thursday, November 5, 2026 at 5:00 p.m. Eastern Time. The webinar may be accessed on company’s Investor Relations website at investor.entravision.com or via webinar registration. The webinar will also be archived on the company’s Investor Relations website under the Events section.

About Entravision

Entravision is a media and advertising technology company. In the U.S., we provide video, audio and digital marketing services to local and national advertisers through a portfolio of television and radio stations and digital advertising services that target Latino audiences. Our advertising technology business provides programmatic advertising technology and services to advertisers and app developers on a global basis. Entravision is the largest affiliate group of the Univision and UniMás television networks. The term “Entravision” as used in this press release refers to Entravision Communications Corporation. Shares of Entravision Class A Common Stock trade on the NYSE under the ticker: EVC. Learn more about us at entravision.com.

Forward-Looking Statements

This press release contains certain forward-looking statements. These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this press release. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that actual results will not differ materially from these expectations, and the Company disclaims any duty to update any forward-looking statements made by the Company. From time to time, these risks, uncertainties and other factors are discussed in the Company’s filings with the Securities and Exchange Commission.

 

Entravision Communications Corporation

Segment Results (Unaudited)

(In thousands)
 

 

 

Three-Month Period

 

 

 

Nine-Month Period

 

 

 

 

Ended September 30,

 

%

 

Ended September 30,

 

%

 

 

2026

 

2025

 

Change

 

2026

 

2025

 

Change

Net revenue

 

 

 

 

 

 

 

 

 

 

 

 

Media

 

$

49,081

 

 

$

44,505

 

 

 

10

%

 

$

136,582

 

 

$

130,895

 

 

 

4

%

ATS

 

 

177,229

 

 

 

76,125

 

 

 

133

%

 

 

514,600

 

 

 

182,321

 

 

 

182

%

Consolidated

 

 

226,310

 

 

 

120,630

 

 

 

88

%

 

 

651,182

 

 

 

313,216

 

 

 

108

%

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of revenue

 

 

 

 

 

 

 

 

 

 

 

 

Media

 

 

5,087

 

 

 

5,015

 

 

 

1

%

 

 

16,516

 

 

 

12,932

 

 

 

28

%

ATS

 

 

107,460

 

 

 

45,971

 

 

 

134

%

 

 

315,919

 

 

 

109,536

 

 

 

188

%

Consolidated

 

 

112,547

 

 

 

50,986

 

 

 

121

%

 

 

332,435

 

 

 

122,468

 

 

 

171

%

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct operating expenses

 

 

 

 

 

 

 

 

 

 

 

 

Media

 

 

29,788

 

 

 

28,596

 

 

 

4

%

 

 

86,677

 

 

 

81,941

 

 

 

6

%

ATS

 

 

24,907

 

 

 

12,651

 

 

 

97

%

 

 

63,438

 

 

 

32,520

 

 

 

95

%

Consolidated

 

 

54,695

 

 

 

41,247

 

 

 

33

%

 

 

150,115

 

 

 

114,461

 

 

 

31

%

 

 

 

 

 

 

 

 

 

 

 

 

 

Selling, general and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

Media

 

 

11,449

 

 

 

11,598

 

 

 

(1

)%

 

 

33,463

 

 

 

33,409

 

 

 

0

%

ATS

 

 

9,535

 

 

 

7,430

 

 

 

28

%

 

 

24,673

 

 

 

17,578

 

 

 

40

%

Consolidated

 

 

20,984

 

 

 

19,028

 

 

 

10

%

 

 

58,136

 

 

 

50,987

 

 

 

14

%

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization

 

 

 

 

 

 

 

 

 

 

 

 

Media

 

 

2,687

 

 

 

2,808

 

 

 

(4

)%

 

 

8,354

 

 

 

8,385

 

 

 

(0

)%

ATS

 

 

172

 

 

 

322

 

 

 

(47

)%

 

 

1,080

 

 

 

1,249

 

 

 

(14

)%

Consolidated

 

 

2,859

 

 

 

3,130

 

 

 

(9

)%

 

 

9,434

 

 

 

9,634

 

 

 

(2

)%

 

 

 

 

 

 

 

 

 

 

 

 

 

Segment operating profit (loss)

 

 

 

 

 

 

 

 

 

 

 

 

Media

 

 

70

 

 

 

(3,512

)

 

*

 

 

(8,428

)

 

 

(5,772

)

 

 

46

%

ATS

 

 

35,155

 

 

 

9,751

 

 

 

261

%

 

 

109,490

 

 

 

21,438

 

 

 

411

%

Consolidated

 

 

35,225

 

 

 

6,239

 

 

 

465

%

 

 

101,062

 

 

 

15,666

 

 

 

545

%

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate expenses

 

 

6,770

 

 

 

6,340

 

 

 

7

%

 

 

20,540

 

 

 

20,503

 

 

 

0

%

Impairment charge

 

 

–

 

 

 

5,705

 

 

 

(100

)%

 

 

–

 

 

 

29,378

 

 

 

(100

)%

Loss on lease abandonment

 

 

–

 

 

 

–

 

 

–

 

 

 

–

 

 

 

25,191

 

 

 

(100

)%

Restructuring costs

 

 

382

 

 

 

3,188

 

 

 

(88

)%

 

 

1,365

 

 

 

3,188

 

 

 

(57

)%

Foreign currency (gain) loss

 

 

(216

)

 

 

92

 

 

*

 

 

328

 

 

 

110

 

 

 

198

%

Other operating (gain) loss

 

 

–

 

 

 

–

 

 

*

 

 

(116

)

 

 

–

 

 

*

Operating income (loss)

 

 

28,289

 

 

 

(9,086

)

 

*

 

 

78,945

 

 

 

(62,704

)

 

*

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

$

(3,055

)

 

$

(3,803

)

 

 

(20

)%

 

$

(9,516

)

 

$

(11,503

)

 

 

(17

)%

Interest income

 

 

662

 

 

 

574

 

 

 

15

%

 

 

1,626

 

 

 

1,798

 

 

 

(10

)%

Dividend income

 

 

7

 

 

 

1

 

 

 

600

%

 

 

36

 

 

 

2

 

 

 

1,700

%

Realized gain (loss) on marketable securities

 

 

4

 

 

 

2

 

 

 

100

%

 

 

15

 

 

 

6

 

 

 

150

%

Gain (loss) on debt extinguishment

 

 

–

 

 

 

(176

)

 

 

(100

)%

 

 

–

 

 

 

(214

)

 

 

(100

)%

Income (loss) before income taxes

 

 

25,907

 

 

 

(12,488

)

 

*

 

 

71,106

 

 

 

(72,615

)

 

*

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures

 

 

 

 

 

 

 

 

 

 

 

 

Media

 

$

2,306

 

 

$

1,154

 

 

 

 

$

7,977

 

 

$

5,484

 

 

 

Advertising Technology & Services

 

 

322

 

 

 

33

 

 

 

 

 

1,718

 

 

 

87

 

 

 

Consolidated

 

$

2,628

 

 

$

1,187

 

 

 

 

$

9,695

 

 

$

5,571

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Entravision Communications Corporation

Consolidated Statements of Operations (Unaudited)

(In thousands, except share and per share data)
 

 

 

Three-Month Period

 

Nine-Month Period

 

 

Ended September 30,

 

Ended September 30,

 

 

 

2026

 

 

 

2025

 

 

 

2026

 

 

 

2025

 

Net revenue

 

$

226,310

 

 

$

120,630

 

 

$

651,182

 

 

$

313,216

 

 

 

 

 

 

 

 

 

 

Expenses:

 

 

 

 

 

 

 

 

Cost of revenue

 

 

112,547

 

 

 

50,986

 

 

 

332,435

 

 

 

122,468

 

Direct operating expenses

 

 

54,695

 

 

 

41,247

 

 

 

150,115

 

 

 

114,461

 

Selling, general and administrative expenses

 

 

20,984

 

 

 

19,028

 

 

 

58,136

 

 

 

50,987

 

Corporate expenses

 

 

6,770

 

 

 

6,340

 

 

 

20,540

 

 

 

20,503

 

Depreciation and amortization

 

 

2,859

 

 

 

3,130

 

 

 

9,434

 

 

 

9,634

 

Impairment charge

 

 

—

 

 

 

5,705

 

 

 

—

 

 

 

29,378

 

Loss on lease abandonment

 

 

—

 

 

 

—

 

 

 

—

 

 

 

25,191

 

Restructuring costs

 

 

382

 

 

 

3,188

 

 

 

1,365

 

 

 

3,188

 

Foreign currency (gain) loss

 

 

(216

)

 

 

92

 

 

 

328

 

 

 

110

 

Other operating (gain) loss

 

 

—

 

 

 

—

 

 

 

(116

)

 

 

—

 

Total expenses

 

 

198,021

 

 

 

129,716

 

 

 

572,237

 

 

 

375,920

 

Operating income (loss)

 

 

28,289

 

 

 

(9,086

)

 

 

78,945

 

 

 

(62,704

)

Interest expense

 

 

(3,055

)

 

 

(3,803

)

 

 

(9,516

)

 

 

(11,503

)

Interest income

 

 

662

 

 

 

574

 

 

 

1,626

 

 

 

1,798

 

Dividend income

 

 

7

 

 

 

1

 

 

 

36

 

 

 

2

 

Realized gain (loss) on marketable securities

 

 

4

 

 

 

2

 

 

 

15

 

 

 

6

 

Gain (loss) on debt extinguishment

 

 

—

 

 

 

(176

)

 

 

—

 

 

 

(214

)

Income (loss) before income taxes

 

 

25,907

 

 

 

(12,488

)

 

 

71,106

 

 

 

(72,615

)

Income tax benefit (expense)

 

 

(6,880

)

 

 

2,829

 

 

 

(20,033

)

 

 

11,681

 

Net income (loss) from continuing operations

 

 

19,027

 

 

 

(9,659

)

 

 

51,073

 

 

 

(60,934

)

Net income (loss) from discontinued operations, net of tax

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(28

)

Net income (loss) attributable to common stockholders

 

$

19,027

 

 

$

(9,659

)

 

$

51,073

 

 

$

(60,962

)

 

 

 

 

 

 

 

 

 

Basic and diluted earnings per share:

 

 

 

 

 

 

 

 

Net income (loss) per share from continuing operations, basic

 

$

0.21

 

 

$

(0.11

)

 

$

0.55

 

 

$

(0.67

)

Net income (loss) per share from continuing operations, diluted

 

$

0.18

 

 

$

(0.11

)

 

$

0.50

 

 

$

(0.67

)

 

 

 

 

 

 

 

 

 

Net income (loss) per share from discontinued operations, basic and diluted

 

$

—

 

 

$

—

 

 

$

—

 

 

$

(0.00

)

 

 

 

 

 

 

 

 

 

Net income (loss) per share attributable to common stockholders, basic

 

$

0.21

 

 

$

(0.11

)

 

$

0.55

 

 

$

(0.67

)

Net income (loss) per share attributable to common stockholders, diluted

 

$

0.18

 

 

$

(0.11

)

 

$

0.50

 

 

$

(0.67

)

 

 

 

 

 

 

 

 

 

Cash dividends declared per common share, basic and diluted

 

$

0.05

 

 

$

0.05

 

 

$

0.15

 

 

$

0.15

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding, basic

 

 

92,282,565

 

 

 

90,976,288

 

 

 

92,128,293

 

 

 

90,976,288

 

Weighted average common shares outstanding, diluted

 

 

104,453,045

 

 

 

90,976,288

 

 

 

101,244,698

 

 

 

90,976,288

 
 

Entravision Communications Corporation

Consolidated Balance Sheets (Unaudited)

(In thousands)
 

 

 

September 30,

 

December 31,

 

 

 

2026

 

 

 

2025

 

ASSETS

 

 

 

 

Current assets

 

 

 

 

Cash and cash equivalents

 

$

87,349

 

 

$

59,439

 

Marketable securities

 

 

2,355

 

 

 

3,762

 

Restricted cash

 

 

802

 

 

 

797

 

Trade receivables, net of allowance for doubtful accounts

 

 

152,351

 

 

 

94,912

 

Prepaid expenses and other current assets

 

 

28,698

 

 

 

18,974

 

Assets held for sale

 

 

635

 

 

 

5,597

 

Total current assets

 

 

272,190

 

 

 

183,481

 

Property and equipment, net

 

 

46,252

 

 

 

44,797

 

Intangible assets subject to amortization, net

 

 

1,469

 

 

 

2,593

 

Intangible assets not subject to amortization

 

 

123,275

 

 

 

123,275

 

Goodwill

 

 

7,352

 

 

 

7,352

 

Deferred income taxes

 

 

3,095

 

 

 

3,823

 

Operating leases right of use asset

 

 

19,454

 

 

 

18,807

 

Other assets

 

 

4,213

 

 

 

3,383

 

Total assets

 

$

477,300

 

 

$

387,511

 

LIABILITIES AND STOCKHOLDERS’ EQUITY

 

 

 

 

Current liabilities

 

 

 

 

Current maturities of long-term debt

 

$

20,000

 

 

$

20,000

 

Accounts payable and accrued expenses

 

 

147,707

 

 

 

91,736

 

Operating lease liabilities

 

 

11,579

 

 

 

9,737

 

Total current liabilities

 

 

179,286

 

 

 

121,473

 

Long-term debt, less current maturities, net of unamortized debt issuance costs

 

 

132,344

 

 

 

147,119

 

Long-term operating lease liabilities

 

 

36,462

 

 

 

36,775

 

Other long-term liabilities

 

 

14,312

 

 

 

12,197

 

Deferred income taxes

 

 

13,144

 

 

 

14,505

 

Total liabilities

 

 

375,548

 

 

 

332,069

 

Stockholders’ equity

 

 

 

 

Class A common stock

 

 

8

 

 

 

8

 

Class U common stock

 

 

1

 

 

 

1

 

Additional paid-in capital

 

 

799,357

 

 

 

804,075

 

Accumulated deficit

 

 

(696,814

)

 

 

(747,887

)

Accumulated other comprehensive income (loss)

 

 

(800

)

 

 

(755

)

Total stockholders’ equity

 

 

101,752

 

 

 

55,442

 

Total liabilities and equity

 

$

477,300

 

 

$

387,511

 
 

Entravision Communications Corporation

Consolidated Statements of Cash Flows (Unaudited)

(In thousands)
 

 

 

Three-Month Period

 

Nine-Month Period

 

 

Ended September 30,

 

Ended September 30,

 

 

 

2026

 

 

 

2025

 

 

 

2026

 

 

 

2025

 

Cash flows from operating activities:

 

 

 

 

 

 

 

 

Net income (loss) attributable to common stockholders

 

$

19,027

 

 

$

(9,659

)

 

$

51,073

 

 

$

(60,962

)

Adjustments to reconcile net income (loss) to net cash provided by operating activities:

 

 

 

 

 

 

 

 

Depreciation and amortization

 

 

2,859

 

 

 

3,130

 

 

 

9,434

 

 

 

9,634

 

Impairment charge

 

 

—

 

 

 

5,705

 

 

 

—

 

 

 

29,378

 

Loss on lease abandonment

 

 

—

 

 

 

—

 

 

 

—

 

 

 

25,191

 

Deferred income taxes

 

 

(517

)

 

 

(5,421

)

 

 

(906

)

 

 

(12,300

)

Non-cash interest

 

 

430

 

 

 

415

 

 

 

1,249

 

 

 

995

 

Amortization of syndication contracts

 

 

100

 

 

 

107

 

 

 

298

 

 

 

328

 

Payments on syndication contracts

 

 

(48

)

 

 

(70

)

 

 

(186

)

 

 

(290

)

Non-cash stock-based compensation

 

 

4,799

 

 

 

2,804

 

 

 

12,374

 

 

 

8,102

 

(Gain) loss on marketable securities

 

 

(4

)

 

 

(2

)

 

 

(15

)

 

 

(6

)

(Gain) loss on disposal of property and equipment

 

 

—

 

 

 

7

 

 

 

(26

)

 

 

13

 

(Gain) loss on debt extinguishment

 

 

—

 

 

 

176

 

 

 

—

 

 

 

214

 

Changes in assets and liabilities:

 

 

 

 

 

 

 

 

(Increase) decrease in accounts receivable

 

 

(16,948

)

 

 

(10,572

)

 

 

(54,361

)

 

 

(20,553

)

(Increase) decrease in prepaid expenses and other current assets, operating leases right of use asset and other assets

 

 

(3,051

)

 

 

3,706

 

 

 

(4,207

)

 

 

2,358

 

Increase (decrease) in accounts payable, accrued expenses and other liabilities

 

 

9,490

 

 

 

17,951

 

 

 

46,964

 

 

 

18,759

 

Net cash provided by (used in) operating activities

 

 

16,137

 

 

 

8,277

 

 

 

61,691

 

 

 

861

 

Cash flows from investing activities:

 

 

 

 

 

 

 

 

Proceeds from sale of assets

 

 

3,000

 

 

 

—

 

 

 

4,892

 

 

 

—

 

Purchases of property and equipment

 

 

(2,868

)

 

 

(1,216

)

 

 

(9,826

)

 

 

(6,020

)

Purchases of marketable securities

 

 

—

 

 

 

(574

)

 

 

—

 

 

 

(1,539

)

Proceeds from sale of marketable securities

 

 

207

 

 

 

672

 

 

 

1,374

 

 

 

1,619

 

Net cash provided by (used in) investing activities

 

 

339

 

 

 

(1,118

)

 

 

(3,560

)

 

 

(5,940

)

Cash flows from financing activities:

 

 

 

 

 

 

 

 

Tax payments related to shares withheld for share-based compensation plans

 

 

(282

)

 

 

—

 

 

 

(1,307

)

 

 

—

 

Payments on debt

 

 

(5,000

)

 

 

(5,000

)

 

 

(15,000

)

 

 

(15,000

)

Dividends paid

 

 

(4,614

)

 

 

(4,549

)

 

 

(13,827

)

 

 

(13,647

)

Principal payments under finance lease obligation

 

 

(23

)

 

 

(34

)

 

 

(82

)

 

 

(99

)

Payments for debt issuance costs

 

 

—

 

 

 

(325

)

 

 

—

 

 

 

(325

)

Net cash provided by (used in) financing activities

 

 

(9,919

)

 

 

(9,908

)

 

 

(30,216

)

 

 

(29,071

)

Net increase (decrease) in cash, cash equivalents and restricted cash

 

 

6,557

 

 

 

(2,749

)

 

 

27,915

 

 

 

(34,150

)

Cash, cash equivalents and restricted cash:

 

 

 

 

 

 

 

 

Beginning

 

 

68,970

 

 

 

65,299

 

 

 

60,236

 

 

 

96,700

 

Ending

 

$

75,527

 

 

$

62,550

 

 

$

88,151

 

 

$

62,550

 

Source: Entravision

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