--- title: "Urban One | 8-K: FY2026 Q1 Revenue: USD 77.65 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286463395.md" datetime: "2026-05-14T20:26:39.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286463395.md) - [en](https://longbridge.com/en/news/286463395.md) - [zh-HK](https://longbridge.com/zh-HK/news/286463395.md) --- # Urban One | 8-K: FY2026 Q1 Revenue: USD 77.65 M Revenue: As of FY2026 Q1, the actual value is USD 77.65 M. EPS: As of FY2026 Q1, the actual value is USD -0.69. EBIT: As of FY2026 Q1, the actual value is USD 2.184 M. #### Consolidated Financial Performance (Three Months Ended March 31) - **Net Revenue**: Urban One, Inc. reported net revenue of $77.7 million for Q1 2026, a 15.8% decrease from $92.2 million in Q1 2025 . - **Operating (Loss) Income**: The company recorded an operating loss of - $2.2 million in Q1 2026, compared to an operating income of $2.1 million in Q1 2025 . - **Broadcast and Digital Operating Income**: This metric decreased by 35.4% to $14.9 million in Q1 2026, from $23.0 million in Q1 2025 . - **Net Loss**: Urban One, Inc. reported a net loss of - $3.1 million in Q1 2026, an improvement from a net loss of - $11.7 million in Q1 2025 . - **Adjusted EBITDA**: Adjusted EBITDA was $4.7 million in Q1 2026, down from $12.9 million in Q1 2025 . #### Segment Revenue (Three Months Ended March 31) - **Radio Broadcasting**: Revenue was $30.5 million in Q1 2026, a decrease of $2.1 million from $32.6 million in Q1 2025 . - **Reach Media**: Revenue was $4.9 million in Q1 2026, a decrease of $1.0 million from $5.9 million in Q1 2025 . - **Digital**: Revenue was $6.8 million in Q1 2026, a decrease of $3.4 million from $10.2 million in Q1 2025 . - **Cable Television**: Revenue was $36.0 million in Q1 2026, a decrease of $8.2 million from $44.2 million in Q1 2025 . #### Revenue Sources (Three Months Ended March 31) - **Radio advertising**: Decreased by - $4,093 thousand (-11.3%) to $32,124 thousand in Q1 2026 from $36,217 thousand in Q1 2025 . - **Political advertising**: Increased by $750 thousand to $900 thousand in Q1 2026 from $150 thousand in Q1 2025 . - **Digital advertising**: Decreased by - $3,427 thousand (-33.6%) to $6,784 thousand in Q1 2026 from $10,211 thousand in Q1 2025 . - **Cable Television advertising**: Decreased by - $6,330 thousand (-24.9%) to $19,095 thousand in Q1 2026 from $25,425 thousand in Q1 2025 . - **Cable Television affiliate fees**: Decreased by - $1,840 thousand (-9.8%) to $16,877 thousand in Q1 2026 from $18,717 thousand in Q1 2025 . - **Event revenues & other**: Increased by $356 thousand (23.5%) to $1,871 thousand in Q1 2026 from $1,515 thousand in Q1 2025 . #### Operating Costs (Three Months Ended March 31) - **Total Operating Expenses**: Consolidated operating expenses were $79,866 thousand in Q1 2026, down from $90,137 thousand in Q1 2025 . - **Operating Expenses (excluding D&A, stock-based comp, impairment)**: These expenses were $73.5 million in Q1 2026, an 8.9% decrease from $80.7 million in Q1 2025 . - **Depreciation and Amortization**: Increased by $3.9 million to $6.2 million in Q1 2026 from $2.3 million in Q1 2025 . #### Interest and Debt (Three Months Ended March 31) - **Interest Expense**: Decreased by $6.5 million to - $4.4 million in Q1 2026 from - $10.9 million in Q1 2025 . - **Gain on Retirement of Debt**: A gain of $2.1 million was recognized in Q1 2026, compared to $11.6 million in Q1 2025 . - **Debt Repurchases**: The company repurchased $4.3 million of its 2028 Notes at 51.0% of par in Q1 2026, and $32.4 million of its 2031 Second Lien Notes at 40.7% of par in Q1 2026 . An additional $23.46 million of 2031 Second Lien Notes were repurchased in Q2 2026 at 42.0% of par . - **Debt Reduction**: Year-to-date, total long-term debt was reduced by $60.2 million, resulting in annual interest savings of $4.6 million . - **Short-term Debt**: An increase of $10.0 million in short-term debt is expected to be fully repaid by year-end . #### Other Financial Metrics (Three Months Ended March 31) - **Benefit from Income Taxes**: A benefit of $1.4 million was recorded in Q1 2026, compared to a provision of - $15.7 million in Q1 2025 . - **Capital Expenditures**: Capital expenditures were $3.4 million in Q1 2026, an increase from $2.5 million in Q1 2025 . - **Cash and Cash Equivalents**: Cash and restricted cash increased to $28,042 thousand as of March 31, 2026, from $26,358 thousand as of December 31, 2025 . - **Total Long-Term Debt, Net**: Decreased to $412,110 thousand as of March 31, 2026, from $429,742 thousand as of December 31, 2025 . #### Operational Highlights and Outlook Urban One, Inc. anticipates Adjusted EBITDA of approximately $60.0 million for the full year ending December 31, 2026 . The company is also exploring the sale of certain non-core real estate related assets as part of its broader capital allocation and debt management strategy . The revised Adjusted EBITDA guidance for 2026 is approximately $60.0 million, with $2.0 million related to announced transactions . ### Related Stocks - [UONE.US](https://longbridge.com/en/quote/UONE.US.md) ## Related News & Research - [URBAN ONE, INC. REPORTS FIRST QUARTER 2026 RESULTS | UONE Stock News](https://longbridge.com/en/news/286403544.md) - [Toms Shoes adds Deck Commerce to tech stack](https://longbridge.com/en/news/289646291.md) - [Is Consolidated Edison Stock Underperforming the S&P 500?](https://longbridge.com/en/news/289298042.md) - [AVAX One Technology Ltd trading halted, news pending](https://longbridge.com/en/news/289656611.md) - [I went to Walmart's HQ and saw how AI is changing what people see, buy, and how fast they get it](https://longbridge.com/en/news/289030546.md)