MediaCo Holding released its 2026 Q2 earnings report noting a ten percent increase in net revenue to $65.4 million. The company’s net loss for the year so far is $18 million up from $16 million due to the increase in digital expenses, loss on disposal of assets and higher net interest costs; partially offset by higher revenue and higher net other income.

Year-to-date Adjusted EBITDA income was $1.1 million, down $1.8 million from the prior year Adjusted EBITDA income of $2.9 million, driven by higher operating and corporate expenses.

MediaCo CEO Albert Rodriguez said, “MediaCo delivered 9% revenue growth in the second quarter, outpacing much of the industry, as we continue to build on our leadership position serving multicultural audiences. Our cross-platform strategy is central to this performance: 47% of advertising revenue was generated through digital channels during the quarter, once again ranking us among the top performers in our industry. Combined with a strong sales pipeline, culturally authentic and high-impact programming, and an expanding distribution footprint across television, radio, digital, and FAST platforms, we are growing our audience reach and strengthening our value to advertisers. As we monetize the strategic investments we’ve made in our assets and expand our revenue sources, we remain focused on streamlining operations and building efficiency across the business. At the same time, we implemented a companywide cost and expense reduction initiative to sharpen our operating discipline and drive improved EBITDA and margins. We believe the future is very bright as we position serving multicultural audiences.”