Saga Communications reports a 5.4% revenue decrease to $26.7 million for the Q3 2026 compared to 2025.

Saga’s station operating expense decreased 1.7% for the quarter to $24.2 million compared to the same period last year. The company notes an operating loss of $9.8 million compared to $626,000 last year, while station operating income was $2.4 million down from $3.5 million. The company also took a $9.2 impairment charge on their station license values. Saga states that without the non-cash impairment charge, the company’s operating loss would have been $563 thousand for the quarter compared to an operating loss of $626 thousand for the same period last year. The company’s net loss was $7.1 million mostly due to the impairment charge as it would have been $240,000 without it.

Saga stated its political revenue was $1.2 million for the quarter compared to $73,000 in 2025. It also notes it had approximately $3.6 million of gross political revenue sold for the fourth quarter.