Entravision Reports Third Quarter 2026 Results

Thursday, November 5, 2026 · 4:05 PM ET Business Wire

BURBANK, Calif.--(BUSINESS WIRE)--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

View source version on businesswire.com: https://www.businesswire.com/news/home/20261105319103/en/

For more information, please contact:
Mark Boelke
Chief Financial Officer and Chief Operating Officer
Entravision
310-447-3870
ir@entravision.com

Roy Nir
VP, Financial Reporting and Investor Relations
Entravision
310-447-3870
ir@entravision.com

Source: Entravision

EVC Entravision Communications Corporation

Entravision Communications Reported Earnings

Entravision Reports Third Quarter 2026 Results