--- title: "Beasley Broadcast | 10-Q: FY2026 Q1 Revenue: USD 42.59 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286607587.md" datetime: "2026-05-15T20:10:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286607587.md) - [en](https://longbridge.com/en/news/286607587.md) - [zh-HK](https://longbridge.com/zh-HK/news/286607587.md) --- # Beasley Broadcast | 10-Q: 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. #### Segment Revenue - **Total Net Revenue**: 比斯利广播集团 (Beasley Broadcast Group, Inc.)’s total net revenue decreased by -$6,323,730 (-12.9%) to $42,588,735 for the three months ended March 31, 2026, compared to $48,912,465 for the same period in 2025 . - **Audio Segment Revenue**: Audio revenue decreased by -$6,268,918 (-16.4%) to $31,884,452 in Q1 2026, down from $38,153,370 in Q1 2025, primarily due to reductions in local direct, local agency, and national agency revenue, as well as the disposition of radio stations in Fort Myers, FL . - **Digital Segment Revenue**: Digital revenue decreased slightly by -$54,812 (-0.5%) to $10,704,283 in Q1 2026 from $10,759,095 in Q1 2025 . #### Operational Metrics - **Net Income (Loss)**: The company reported a net income of $3,214,790 for the three months ended March 31, 2026, a significant improvement from a net loss of -$2,689,821 in the prior year, marking a change of $5,904,611 (219.5%) . - **Operating Income (Loss)**: Consolidated operating income was $7,694,720 in Q1 2026, compared to an operating loss of -$302,361 in Q1 2025 . - **Audio Segment Operating Income**: The Audio segment’s operating income increased to $9,819,738 in Q1 2026 from $1,962,659 in Q1 2025 . - **Digital Segment Operating Income**: The Digital segment’s operating income decreased to $1,660,569 in Q1 2026 from $1,881,322 in Q1 2025 . - **Corporate Operating Loss**: Corporate operating loss decreased to -$3,785,587 in Q1 2026 from -$4,146,342 in Q1 2025 . - **Total Operating Expenses**: Total operating expenses decreased by -$3,070,630 (-6.8%) to $42,170,631 in Q1 2026 from $45,241,261 in Q1 2025 . - **Audio Segment Operating Expenses**: Audio operating expenses decreased by -$3,268,059 (-9.0%) to $33,126,917 in Q1 2026 from $36,394,976 in Q1 2025, driven by expense management and asset dispositions . - **Digital Segment Operating Expenses**: Digital operating expenses increased by $197,429 (2.2%) to $9,043,714 in Q1 2026 from $8,846,285 in Q1 2025 . - **Corporate Expenses**: Corporate expenses decreased by -$491,892 (-12.2%) to $3,527,570 in Q1 2026 from $4,019,462 in Q1 2025, primarily due to lower compensation expenses and increased allocation to operating expenses, partially offset by higher contract services . - **Gain on Dispositions**: The company recorded a significant gain on dispositions of $12,461,477 in Q1 2026, compared to $1,698,228 in Q1 2025, which includes gains from the sale of land and radio station assets in Fort Myers, FL . - **Income Tax Expense (Benefit)**: Income tax expense was $1,328,368 in Q1 2026, compared to an income tax benefit of -$1,567,727 in Q1 2025, with effective tax rates of 29% and 37% respectively . #### Cash Flow - **Net Cash Used in Operating Activities**: Net cash used in operating activities was -$3,484,433 in Q1 2026, comparable to -$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, mainly due to $19.3 million in proceeds from property and equipment dispositions in 2026 . - **Net Cash Used in Financing Activities**: Net cash used in financing activities was -$18,695,735 in Q1 2026, primarily due to $18.7 million in debt payments, compared to -$9,105 in Q1 2025 . - **Capital Expenditures**: Total capital expenditures were $650,778 in Q1 2026, down from $800,165 in Q1 2025 . - **Audio Segment Capital Expenditures**: Audio segment capital expenditures were $577,812 in Q1 2026, compared to $461,592 in Q1 2025 . - **Corporate Capital Expenditures**: Corporate capital expenditures were $72,966 in Q1 2026, compared to $336,860 in Q1 2025 . #### Future Outlook and Strategy - **Core Business Focus**: 比斯利广播集团 (Beasley Broadcast Group, Inc.) continues to operate its multi-platform media business, focusing on radio stations and offering integrated marketing solutions across audio, digital, and event platforms . The company invests in digital support services to promote station websites, applications, and other distribution platforms, generating revenue from streamed commercial spots, station-owned assets, and third-party digital products . - **Debt Restructuring and Liquidity**: Subsequent to Q1 2026, 比斯利广播集团 (Beasley Broadcast Group, Inc.) completed a debt exchange offer, converting approximately $184.06 million of Existing Second Lien Notes into $98.48 million of new 10.000% Senior Secured Second Lien PIK Notes due 2027 . This, along with a new $35.0 million secured asset-based revolving credit facility (ABL Credit Facility), is expected to significantly improve liquidity and capital structure by eliminating approximately $17 million in annual cash interest payments and providing immediate funding . Management previously had substantial doubt about the company’s ability to continue as a going concern, but the successful debt restructuring and new ABL Credit Facility are projected to provide sufficient liquidity through May 31, 2027, alleviating this concern . - **Dividend Policy**: The Board has suspended future quarterly dividend payments until it is determined to be in the best interest of the company’s stockholders, with restrictions also imposed by the Indenture governing its Notes . ### 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) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [Autohome Inc. to Announce First Quarter 2026 Financial Results on May 28, 2026 | ATHM Stock News](https://longbridge.com/en/news/286390966.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)