Revenue: As of FY2026 Q1, the actual value is USD 42.59 M.EPS: As of FY2026 Q1, the actual value is USD 1.77.EBIT: As of FY2026 Q1, the actual value is USD 10.96 M.<h3>Financial Performance for the Three Months Ended March 31, 2026 (vs. March 31, 2025)</h3><h4>Revenue</h4><ul><li>Net Revenue: [比斯利广播集团] reported net revenue of $42.6 million in Q1 2026, a 12.9% decrease from $48.9 million in Q1 2025. On a same-station basis, net revenue decreased by 6.7%.</li><li>New Business Revenue: Revenue from new business constituted 11% of net revenue in Q1 2026.</li><li>Local Revenue: Local revenue, including digital packages sold locally, accounted for 75% of net revenue in Q1 2026.</li><li>Digital Revenue: Digital revenue was $10.7 million in Q1 2026, remaining flat year-over-year, but showed an 18.2% increase on a same-station basis and represented 25% of the total net revenue.</li><li>Same Station Net Revenue: Total same station net revenue was $42,288,920 in Q1 2026, compared to $45,316,393 in Q1 2025.<ul><li>Same Station Audio Net Revenue: $31,584,637 in Q1 2026, down from $36,263,931 in Q1 2025.</li><li>Same Station Digital Net Revenue: $10,704,283 in Q1 2026, up from $9,052,462 in Q1 2025.</li></ul></li></ul><h4>Profitability</h4><ul><li>Operating Income (Loss): [比斯利广播集团] recorded operating income of $7.7 million in Q1 2026, a significant improvement from an operating loss of - $0.3 million in Q1 2025, primarily due to the sale of stations in Fort Myers, FL.</li><li>Net Income (Loss): The company reported net income of $3.2 million in Q1 2026, contrasting with a net loss of - $2.7 million in Q1 2025.</li><li>Adjusted EBITDA (non-GAAP): Adjusted EBITDA was - $0.4 million in Q1 2026, compared to $1.1 million in Q1 2025.</li><li>Digital Segment Operating Margin: The digital segment operating margin was 15.5% in Q1 2026.</li></ul><h4>Operating Costs and Expenses</h4><ul><li>Operating Expenses (excluding D&amp;A): Operating expenses were $42,170,631 in Q1 2026, down from $45,241,261 in Q1 2025.</li><li>Corporate Expenses: Corporate expenses were $3,527,570 in Q1 2026, down from $4,019,462 in Q1 2025.</li><li>Depreciation and Amortization: Depreciation and amortization was $1,657,291 in Q1 2026, compared to $1,652,331 in Q1 2025.</li><li>Total Operating Expenses: Total operating expenses decreased to $34,894,015 in Q1 2026 from $49,214,826 in Q1 2025, significantly influenced by a larger gain on dispositions.</li><li>Interest Expense: Cash interest expense totaled - $3.3 million in Q1 2026, consistent with - $3.4 million in Q1 2025.</li><li>Income Tax Expense (Benefit): The company reported an income tax expense of $1,328,368 in Q1 2026, compared to an income tax benefit of - $1,567,727 in Q1 2025.</li><li>Same Station Operating Expenses: Total same station operating expenses were $40,601,208 in Q1 2026, down from $41,594,192 in Q1 2025.<ul><li>Same Station Audio Operating Expenses: $31,889,494 in Q1 2026, down from $34,717,690 in Q1 2025.</li><li>Same Station Digital Operating Expenses: $8,711,714 in Q1 2026, up from $6,876,502 in Q1 2025.</li></ul></li></ul><h4>Cash Flow</h4><ul><li>Net Cash Used in Operating Activities: Net cash used in operating activities was - $3,484,433 in Q1 2026, slightly higher than - $3,474,505 in Q1 2025.</li><li>Net Cash Provided by Investing Activities: Net cash provided by investing activities significantly increased to $18,668,931 in Q1 2026 from $1,946,342 in Q1 2025.</li><li>Net Cash Used in Financing Activities: Net cash used in financing activities was - $18,695,735 in Q1 2026, a substantial increase from - $9,105 in Q1 2025.</li><li>Net Decrease in Cash and Cash Equivalents: The net decrease in cash and cash equivalents was - $3,511,237 in Q1 2026, compared to - $1,537,268 in Q1 2025.</li></ul><h4>Balance Sheet Metrics (as of March 31, 2026 vs. December 31, 2025)</h4><ul><li>Cash and Cash Equivalents: $6,426 thousand as of March 31, 2026, down from $9,937 thousand as of December 31, 2025.</li><li>Working Capital: $4,670 thousand as of March 31, 2026, up from $230 thousand as of December 31, 2025.</li><li>Total Assets: $281,508 thousand as of March 31, 2026, down from $299,288 thousand as of December 31, 2025.</li><li>Long-term Debt: $217,505 thousand as of March 31, 2026, down from $235,287 thousand as of December 31, 2025.</li><li>Stockholders’ Deficit: - $46,067 thousand as of March 31, 2026, an improvement from - $48,365 thousand as of December 31, 2025.</li></ul><h4>Outlook / Guidance</h4>[比斯利广播集团] is focused on disciplined execution throughout 2026, aiming to stabilize local direct revenue, scale higher-margin digital products, and improve conversion to station operating income. The company also intends to further reduce leverage over time. Recent strategic actions, including a second lien restructuring and partial repurchase of first lien notes, are designed to strengthen the balance sheet and enhance financial flexibility for a more durable and profitable long-term future.

Beasley Broadcast | 8-K: FY2026 Q1 Revenue: USD 42.59 M