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

"Net revenue in our Media segment decreased 1% in second quarter 2026 compared to second quarter 2025 due to lower broadcast advertising revenue and revenue from spectrum usage rights which were partially offset by an increase in digital advertising revenue and retransmission fees. Local advertising revenue increased 1% and national advertising revenue decreased 19%, excluding political revenue," said Michael Christenson, Chief Executive Officer. "Net revenue in our Advertising Technology & Services segment increased 230% in second quarter 2026 compared to second quarter 2025. The ATS segment had higher monthly active advertisers and higher revenue per monthly active advertiser. These results were driven by the investments in the AI capabilities of our platform and our expanded sales capacity."

Mr. Christenson continued, "We repaid $5 million on our bank term loan in the second quarter of 2026, and we remain committed to reducing our debt and maintaining a strong balance sheet."

Highlights

Entravision reports its operating results for two segments. The Media segment provides video, audio and digital marketing services to local and national advertisers in the U.S. The Advertising Technology & Services ("ATS") segment provides programmatic advertising technology and services to advertisers and mobile app developers on a global basis.

Consolidated net revenue increased 126% for second quarter 2026 compared to second quarter 2025, and increased 121% for six-month period ended June 30, 2026 compared to same period in 2025.
- Media segment net revenue decreased 1% for second quarter 2026 compared to second quarter 2025, primarily due to a decrease in broadcast advertising revenue and a decrease in spectrum usage rights revenue, partially offset by an increase in digital advertising revenue and an increase in retransmission consent revenue. Media segment net revenue increased 1% for six-month period ended June 30, 2026 compared to same period in 2025 primarily due to an increase in digital advertising revenue and an increase in retransmission consent revenue, partially offset by a decrease in broadcast advertising revenue and a decrease in spectrum usage rights revenue.
- ATS segment net revenue increased 230% for second quarter 2026 compared to second quarter 2025, and increased 218% for six-month period ended June 30, 2026 compared to 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.
Segment operating profit was $36.7 million for second quarter 2026, compared to operating profit of $5.5 million for second quarter 2025. Segment operating profit was $65.8 million for six-month period ended June 30, 2026 compared to operating profit of $9.4 million for six-month period ended June 30, 2025.
- Media segment operating loss was $3.3 million for second quarter 2026, compared to operating profit of $0.4 million for second quarter 2025. Media segment operating loss was $8.5 million for six-month period ended June 30, 2026, compared to operating loss of $2.3 million for six-month period ended June 30, 2025.
- ATS segment operating profit was $40.0 million for second quarter 2026, compared to operating profit of $5.2 million for second quarter 2025. ATS segment operating profit was $74.3 million for six-month period ended June 30, 2026, compared to operating profit of $11.7 million for six-month period ended June 30, 2025.
Corporate expenses increased 3% for second quarter 2026 compared to second quarter 2025, primarily due an increase in non-cash stock-based compensation. Corporate expenses decreased 3% for six-month period ended June 30, 2026 compared to same period in 2025, primarily due to a decrease in audit fees and other professional services, partially offset by an increase in non-cash stock-based compensation.
The company made a $5.0 million scheduled debt payment and paid a dividend of $4.6 million in second quarter 2026.
The company had $83.4 million in cash and cash equivalents and marketable securities and $157.3 million of long-term debt and current maturities of long-term debt as of June 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 September 30, 2026 to shareholders of record as of the close of business on September 16, 2026.

Notice of Conference Call

Entravision will host a webinar to discuss its second quarter 2026 results on Monday, August 10, 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									Six-Month Period
	Ended June 30,						%			Ended June 30,						%
	2026			2025			Change			2026			2025			Change
Net revenue
Media	$	45,080		$	45,413			(1	)%	$	87,501		$	86,390		1	%
Advertising Technology & Services		182,821			55,322			230	%		337,371			106,196		218	%
Consolidated		227,901			100,735			126	%		424,872			192,586		121	%

Cost of revenue
Media		6,064			4,651			30	%		11,429			7,917		44	%
Advertising Technology & Services		111,870			33,359			235	%		208,459			63,565		228	%
Consolidated		117,934			38,010			210	%		219,888			71,482		208	%

Direct operating expenses
Media		28,753			26,795			7	%		56,889			53,345		7	%
Advertising Technology & Services		21,868			10,917			100	%		38,531			19,869		94	%
Consolidated		50,621			37,712			34	%		95,420			73,214		30	%

Selling, general and administrative expenses
Media		10,662			11,006			(3	)%		22,014			21,811		1	%
Advertising Technology & Services		8,351			5,447			53	%		15,138			10,148		49	%
Consolidated		19,013			16,453			16	%		37,152			31,959		16	%

Depreciation and amortization
Media		2,881			2,607			11	%		5,667			5,577		2	%
Advertising Technology & Services		703			420			67	%		908			927		(2	)%
Consolidated		3,584			3,027			18	%		6,575			6,504		1	%

Segment operating profit (loss)
Media		(3,280	)		354		*				(8,498	)		(2,260	)	276	%
Advertising Technology & Services		40,029			5,179			673	%		74,335			11,687		536	%
Consolidated		36,749			5,533			564	%		65,837			9,427		598	%

Corporate expenses		6,597			6,375			3	%		13,770			14,163		(3	)%
Impairment charge		-			-		-				-			23,673		(100	)%
Loss on lease abandonment		-			-		-				-			25,191		(100	)%
Restructuring costs		-			-		-				983			-		*
Foreign currency (gain) loss		301			6		*				544			18		*
Other operating (gain) loss		(116	)		-		*				(116	)		-		*
Operating income (loss)		29,967			(848	)	*				50,656			(53,618	)	*

Interest expense	$	(3,146	)	$	(4,037	)		(22	)%	$	(6,461	)	$	(7,700	)	(16	)%
Interest income		606			619			(2	)%		964			1,224		(21	)%
Dividend income		15			1		*				29			1		*
Realized gain (loss) on marketable securities		3			3			0	%		11			4		175	%
Gain (loss) on debt extinguishment		-			(38	)		(100	)%		-			(38	)	(100	)%
Income (loss) before income taxes		27,445			(4,300	)	*				45,199			(60,127	)	*

Capital expenditures
Media	$	2,773		$	1,970					$	5,672		$	4,330
Advertising Technology & Services		397			301						1,395			325
Consolidated	$	3,170		$	2,271					$	7,067		$	4,655

Entravision Communications Corporation Consolidated Statements of Operations (Unaudited) (In thousands, except share and per share data)

	Three-Month Period						Six-Month Period
	Ended June 30,						Ended June 30,
	2026			2025			2026			2025
Net revenue	$	227,901		$	100,735		$	424,872		$	192,586

Expenses:
Cost of revenue		117,934			38,010			219,888			71,482
Direct operating expenses		50,621			37,712			95,420			73,214
Selling, general and administrative expenses		19,013			16,453			37,152			31,959
Corporate expenses		6,597			6,375			13,770			14,163
Depreciation and amortization		3,584			3,027			6,575			6,504
Impairment charge		—			—			—			23,673
Loss on lease abandonment		—			—			—			25,191
Restructuring costs		—			—			983			—
Foreign currency (gain) loss		301			6			544			18
Other operating (gain) loss		(116	)		—			(116	)		—
Total expenses		197,934			101,583			374,216			246,204
Operating income (loss)		29,967			(848	)		50,656			(53,618	)
Interest expense		(3,146	)		(4,037	)		(6,461	)		(7,700	)
Interest income		606			619			964			1,224
Dividend income		15			1			29			1
Realized gain (loss) on marketable securities		3			3			11			4
Gain (loss) on debt extinguishment		—			(38	)		—			(38	)
Income (loss) before income taxes		27,445			(4,300	)		45,199			(60,127	)
Income tax benefit (expense)		(7,759	)		800			(13,153	)		8,852
Net income (loss) from continuing operations		19,686			(3,500	)		32,046			(51,275	)
Net income (loss) from discontinued operations, net of tax		—			163			—			(28	)
Net income (loss) attributable to common stockholders	$	19,686		$	(3,337	)	$	32,046		$	(51,303	)

Basic and diluted earnings per share:
Net income (loss) per share from continuing operations, basic	$	0.21		$	(0.04	)	$	0.35		$	(0.56	)
Net income (loss) per share from continuing operations, diluted	$	0.19		$	(0.04	)	$	0.32		$	(0.56	)

Net income (loss) per share from discontinued operations, basic and diluted	$	-		$	0.00		$	-		$	(0.00	)

Net income (loss) per share attributable to common stockholders, basic	$	0.21		$	(0.04	)	$	0.35		$	(0.56	)
Net income (loss) per share attributable to common stockholders, diluted	$	0.19		$	(0.04	)	$	0.32		$	(0.56	)

Cash dividends declared per common share, basic and diluted	$	0.05		$	0.05		$	0.10		$	0.10

Weighted average common shares outstanding, basic		92,113,571			90,976,288			92,049,879			90,976,288
Weighted average common shares outstanding, diluted		102,857,606			90,976,288			99,639,247			90,976,288

Entravision Communications Corporation Consolidated Balance Sheets (Unaudited) (In thousands)

	June 30,			December 31,
	2026			2025
ASSETS
Current assets
Cash and cash equivalents	$	80,794		$	59,439
Marketable securities		2,587			3,762
Restricted cash		800			797
Trade receivables, net of allowance for doubtful accounts		132,393			94,912
Prepaid expenses and other current assets		23,722			18,974
Assets held for sale		3,635			5,597
Total current assets		243,931			183,481
Property and equipment, net		46,239			44,797
Intangible assets subject to amortization, net		1,744			2,593
Intangible assets not subject to amortization		123,275			123,275
Goodwill		7,352			7,352
Deferred income taxes		3,824			3,823
Operating leases right of use asset		20,766			18,807
Other assets		3,552			3,383
Total assets	$	450,683		$	387,511
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
Current maturities of long-term debt	$	20,000		$	20,000
Accounts payable and accrued expenses		133,529			91,736
Operating lease liabilities		11,278			9,737
Total current liabilities		164,807			121,473
Long-term debt, less current maturities, net of unamortized debt issuance costs		137,270			147,119
Long-term operating lease liabilities		37,722			36,775
Other long-term liabilities		13,210			12,197
Deferred income taxes		14,116			14,505
Total liabilities		367,125			332,069
Stockholders' equity
Class A common stock		8			8
Class U common stock		1			1
Additional paid-in capital		800,167			804,075
Accumulated deficit		(715,841	)		(747,887	)
Accumulated other comprehensive income (loss)		(777	)		(755	)
Total stockholders' equity		83,558			55,442
Total liabilities and equity	$	450,683		$	387,511

Entravision Communications Corporation Consolidated Statements of Cash Flows (Unaudited) (In thousands)

	Three-Month Period						Six-Month Period
	Ended June 30,						Ended June 30,
	2026			2025			2026			2025
Cash flows from operating activities:
Net income (loss) attributable to common stockholders	$	19,686		$	(3,337	)	$	32,046		$	(51,303	)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization		3,584			3,027			6,575			6,504
Impairment charge		—			—			—			23,673
Loss on lease abandonment		—			—			—			25,191
Deferred income taxes		(629	)		(5,412	)		(389	)		(6,879	)
Non-cash interest		396			404			819			580
Amortization of syndication contracts		99			111			198			221
Payments on syndication contracts		(71	)		(111	)		(138	)		(220	)
Non-cash stock-based compensation		4,323			2,685			7,575			5,298
(Gain) loss on marketable securities		(3	)		(3	)		(11	)		(4	)
(Gain) loss on disposal of property and equipment		(113	)		2			(26	)		6
(Gain) loss on debt extinguishment		—			38			—			38
Changes in assets and liabilities:
(Increase) decrease in accounts receivable		(4,731	)		479			(37,413	)		(9,981	)
(Increase) decrease in prepaid expenses and other current assets, operating leases right of use asset and other assets		3,320			8,181			(1,156	)		(1,348	)
Increase (decrease) in accounts payable, accrued expenses and other liabilities		(2,091	)		1,764			37,474			808
Net cash provided by (used in) operating activities		23,770			7,828			45,554			(7,416	)
Cash flows from investing activities:
Proceeds from sale of assets		1,892			—			1,892			—
Purchases of property and equipment		(3,321	)		(2,161	)		(6,958	)		(4,804	)
Purchases of marketable securities		2			(747	)		-			(965	)
Proceeds from sale of marketable securities		407			561			1,167			947
Net cash provided by (used in) investing activities		(1,020	)		(2,347	)		(3,899	)		(4,822	)
Cash flows from financing activities:
Tax payments related to shares withheld for share-based compensation plans		(487	)		—			(1,025	)		—
Payments on debt		(5,000	)		(10,000	)		(10,000	)		(10,000	)
Dividends paid		(4,611	)		(4,549	)		(9,213	)		(9,098	)
Principal payments under finance lease obligation		(28	)		(32	)		(59	)		(65	)
Net cash provided by (used in) financing activities		(10,126	)		(14,581	)		(20,297	)		(19,163	)
Net increase (decrease) in cash, cash equivalents and restricted cash		12,624			(9,100	)		21,358			(31,401	)
Cash, cash equivalents and restricted cash:
Beginning		68,970			74,399			60,236			96,700
Ending	$	81,594		$	65,299		$	81,594		$	65,299

View source version on businesswire.com: https://www.businesswire.com/news/home/20260810700855/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