--- title: "Beasley Broadcast | 8-K: FY2026 Q1 Revenue: USD 42.59 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286266691.md" datetime: "2026-05-13T13:04:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286266691.md) - [en](https://longbridge.com/en/news/286266691.md) - [zh-HK](https://longbridge.com/zh-HK/news/286266691.md) --- # Beasley Broadcast | 8-K: FY2026 Q1 Revenue: USD 42.59 M 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. ### Financial Performance for the Three Months Ended March 31, 2026 (vs. March 31, 2025) #### Revenue - **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%. - **New Business Revenue:** Revenue from new business constituted 11% of net revenue in Q1 2026. - **Local Revenue:** Local revenue, including digital packages sold locally, accounted for 75% of net revenue in Q1 2026. - **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. - **Same Station Net Revenue:** Total same station net revenue was $42,288,920 in Q1 2026, compared to $45,316,393 in Q1 2025. - **Same Station Audio Net Revenue:** $31,584,637 in Q1 2026, down from $36,263,931 in Q1 2025. - **Same Station Digital Net Revenue:** $10,704,283 in Q1 2026, up from $9,052,462 in Q1 2025. #### Profitability - **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. - **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. - **Adjusted EBITDA (non-GAAP):** Adjusted EBITDA was - $0.4 million in Q1 2026, compared to $1.1 million in Q1 2025. - **Digital Segment Operating Margin:** The digital segment operating margin was 15.5% in Q1 2026. #### Operating Costs and Expenses - **Operating Expenses (excluding D&A):** Operating expenses were $42,170,631 in Q1 2026, down from $45,241,261 in Q1 2025. - **Corporate Expenses:** Corporate expenses were $3,527,570 in Q1 2026, down from $4,019,462 in Q1 2025. - **Depreciation and Amortization:** Depreciation and amortization was $1,657,291 in Q1 2026, compared to $1,652,331 in Q1 2025. - **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. - **Interest Expense:** Cash interest expense totaled - $3.3 million in Q1 2026, consistent with - $3.4 million in Q1 2025. - **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. - **Same Station Operating Expenses:** Total same station operating expenses were $40,601,208 in Q1 2026, down from $41,594,192 in Q1 2025. - **Same Station Audio Operating Expenses:** $31,889,494 in Q1 2026, down from $34,717,690 in Q1 2025. - **Same Station Digital Operating Expenses:** $8,711,714 in Q1 2026, up from $6,876,502 in Q1 2025. #### Cash Flow - **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. - **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. - **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. - **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. #### Balance Sheet Metrics (as of March 31, 2026 vs. December 31, 2025) - **Cash and Cash Equivalents:** $6,426 thousand as of March 31, 2026, down from $9,937 thousand as of December 31, 2025. - **Working Capital:** $4,670 thousand as of March 31, 2026, up from $230 thousand as of December 31, 2025. - **Total Assets:** $281,508 thousand as of March 31, 2026, down from $299,288 thousand as of December 31, 2025. - **Long-term Debt:** $217,505 thousand as of March 31, 2026, down from $235,287 thousand as of December 31, 2025. - **Stockholders’ Deficit:** - $46,067 thousand as of March 31, 2026, an improvement from - $48,365 thousand as of December 31, 2025. #### Outlook / Guidance \[比斯利广播集团\] 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. ### Related Stocks - [BBGI.US](https://longbridge.com/en/quote/BBGI.US.md) ## Related News & Research - [Beasley Broadcast Maps Turnaround Amid Earnings Pressure](https://longbridge.com/en/news/286334366.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [LOWE'S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS | LOW Stock News](https://longbridge.com/en/news/287043063.md) - [Correction: NextNRG to Host First Quarter 2026 Financial Results Conference Call on May 18, 2026 at 9:00 a.m. ET | NXXT Stock News](https://longbridge.com/en/news/286673001.md)