---
title: "Lee Enterprises 1Q 2026: Revenue $122M, EPS $(0.16) — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285763810.md"
description: "Lee Enterprises reported a first-quarter 2026 revenue of $122M, down 11.2% YoY, with a net loss of $(2.15) M, an improvement from $(12.51) M a year earlier. Diluted EPS was $(0.16), compared to $(2.07) in the previous year. Digital revenue now exceeds 55%, despite a 19% drop in digital-only subscriptions. Operating expenses were reduced by 20% through cost-cutting measures. The company completed a $50M private placement and is transitioning to a digital-first strategy."
datetime: "2026-05-08T18:41:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285763810.md)
  - [en](https://longbridge.com/en/news/285763810.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285763810.md)
---

# Lee Enterprises 1Q 2026: Revenue $122M, EPS $(0.16) — 10-Q Summary

Lee Enterprises reported first-quarter 2026 results with revenue of $122M and a net loss attributable to the company of $(2.15) M, an improvement from a $(12.51) M loss a year earlier. Diluted EPS was $(0.16) for the quarter ended Mar 29, 2026, compared with $(2.07) in the year‑ago quarter.

**Financial Highlights**

-   Revenue: $122.0M for the quarter ended Mar 29, 2026, down from $137.4M in the year‑ago quarter (−11.2% YoY).
-   Net income: Net loss attributable to Lee Enterprises, Inc. of $(2.15) M for the quarter ended Mar 29, 2026, improved from a $(12.51) M loss in the year‑ago quarter.
-   Diluted EPS: $(0.16) for the quarter ended Mar 29, 2026, versus $(2.07) in the year‑ago quarter.

**Business Highlights**

-   Total operating revenue declined about 11% year over year, driven by continued print declines and softer digital advertising performance.
-   Digital now accounts for more than 55% of revenue; digital advertising, services and subscriptions remain core despite modest declines.
-   Digital-only subscriptions were down roughly 19% (591k), with digital subscription revenue falling modestly while print subscriber losses were steeper.
-   Operating expenses were reduced by about 20% through headcount reductions, ongoing cost discipline and the absence of prior-year cyber-response costs.
-   Company completed a $50M private placement, made interest-rate and credit amendments, and executed CEO/CFO transitions as part of a push toward a digital-first strategy.

Original SEC Filing: LEE ENTERPRISES, Inc \[ LEE \] - 10-Q - May. 08, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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