URBAN ONE, INC. 1Q 2026: Revenue $77.65M, EPS ($0.69) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.URBAN ONE, INC. reported a revenue of $77.65M for Q1 2026, down 15.8% from $92.24M a year prior. The company posted a net loss of $3.08M, or $0.69 per diluted share, an improvement from a loss of $11.74M, or $2.64 per share, in the previous year. The decline in revenue was attributed to weaker advertising demand, particularly in digital, which fell 33.6%. Despite the revenue drop, SG&A and programming costs decreased, leading to improved operating income and cash from operations.
URBAN ONE, INC. reported first-quarter 2026 results with revenue of $77.65M, a decline versus $92.24M a year earlier, and a net loss attributable to common stockholders of ($3.08M) or ($0.69) per diluted share, improving from a loss of ($11.74M) or ($2.64) a year ago.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $77.65M | $92.24M | (15.8%) |
| Net income² | ($3.08M) | ($11.74M) | 73.8% |
| Diluted EPS³ | ($0.69) | ($2.64) | 73.9% |
¹ Reported as “Net Revenue”. ² Reported as “Net Loss Attributable To Common Stockholders”. ³ Reported as “Net Loss To Common Stockholders (Per Share)”.
Business Highlights
- Revenue fell 15.8% year over year to $77.7M, driven by weaker national and local advertising demand across segments.
- Digital revenue dropped sharply, down 33.6%, reflecting reduced DEI-focused ad spend; radio and cable also saw lower ad sales.
- Reach Media syndication and the company’s digital properties continued operations but experienced lower national sales.
- SG&A and programming costs declined year over year, helping operating income despite the revenue shortfall.
- Cash from operations improved materially, supporting ongoing programming, content delivery and capital spending.
Original SEC Filing: URBAN ONE, INC. [ UONE ] - 10-Q - May. 14, 2026