Entravision Communications Corporation (NYSE: EVC), a media and advertising technology company, today announced financial results for its third quarter ended September 30, 2026.
Consolidated revenue increased 88% to $226.3 million for third quarter 2026 compared to $120.6 million for third quarter 2025, and increased 108% to $651.2 million for nine-month period ended September 30, 2026 compared to $313.2 million for same period in 2025.
ATS segment net revenue increased 133% to $177.2 million for third quarter 2026 compared to $76.1 million for third quarter 2025, and increased 182% to $514.6 million for nine-month period ended September 30, 2026 compared to $182.3 million for same period in 2025, primarily due to increases in monthly active advertisers and revenue per monthly active advertiser, which were driven by investments we made in the AI capabilities of our platform and increased sales capacity.
Media segment net revenue increased 10% to $49.1 million for third quarter 2026 compared to $44.5 million for third quarter 2025, primarily due to a an increase in broadcast advertising revenue, primarily political advertising revenue, and an increase in retransmission fees, partially offset by a decrease in revenue from spectrum usage rights. Media segment net revenue increased 4% to $136.6 million for nine-month period ended September 30, 2026 compared to $130.9 million for same period in 2025 primarily due to an increase in broadcast advertising revenue, primarily political advertising revenue, an increase in digital advertising revenue and an increase in retransmission consent revenue, partially offset by a decrease in spectrum usage rights revenue.
Segment operating profit increased 465% to $35.2 million for third quarter 2026 compared to $6.2 million for third quarter 2025, and increased 545% to $101.1 million for nine-month period ended September 30, 2026 compared to $15.7 million for same period in 2025.
ATS segment operating profit increased 261% to $35.2 million for third quarter 2026, compared to $9.8 million for third quarter 2025. ATS segment operating profit increased 411% to $109.5 million for nine-month period ended September 30, 2026, compared to $21.4 million for nine-month period ended September 30, 2025.
Media segment operating profit was $0.1 million for third quarter 2026, compared to operating loss of $3.5 million for third quarter 2025. Media segment operating loss was $8.4 million for nine-month period ended September 30, 2026, compared to operating loss of $5.8 million for nine-month period ended September 30, 2025.
Corporate expenses increased 7% for third quarter 2026 compared to third quarter 2025, primarily due an increase in stock-based compensation. Corporate expenses remained constant for nine-month period ended September 30, 2026 compared to same period in 2025.
The company made a $5.0 million scheduled debt payment and paid a dividend of $4.6 million in third quarter 2026.
The company had $89.7 million in cash and cash equivalents and marketable securities and $152.3 million of long-term debt and current maturities of long-term debt as of September 30, 2026.
Entravision’s board of directors approved a quarterly cash dividend to shareholders of $0.05 per share on the company’s Class A and Class U common stock. The dividend is payable on December 31, 2026 to shareholders of record as of the close of business on December 17, 2026.
