Entravision Communications Corporation Tuesday announced financial results for its third quarter ended September 30, 2025.
“Our Media segment net revenue declined 26% in the third quarter of 2025 year-over-year, primarily due to lower political revenue and weaker revenue from national television and radio advertisers. Average monthly advertisers and revenue per average monthly advertiser for our local media operations in the third quarter of 2025 were flat year-over-year,” said Michael Christenson, Chief Executive Officer.
“Net revenue for our Advertising Technology & Services segment increased 104% in the third quarter of 2025 year-over-year. Investments in the AI capabilities of our platform and increased sales capacity enabled ATS to increase monthly active advertisers and revenue per monthly active advertiser.”
Christenson continued, “We repaid $5 million on our bank term loan in the third quarter of 2025, bringing our total reduction to $15 million so far for the year. We are committed to reducing our debt and maintaining a strong balance sheet.”
Christenson continued, “We repaid $5 million on our bank term loan in the third quarter of 2025, bringing our total reduction to $15 million so far for the year. We are committed to reducing our debt and maintaining a strong balance sheet.”
Highlights
- Entravision currently reports its operating results for two segments. The Media segment provides video, audio and digital marketing services to local and national advertisers in the U.S. The Advertising Technology & Services segment provides programmatic advertising technology and services to advertisers and mobile app developers on a global basis.Consolidated net revenue increased 24% for third quarter 2025 compared to third quarter 2024.Media segment net revenue decreased 26% for third quarter 2025 compared to third quarter 2024, primarily due to decreases in broadcast advertising revenue, retransmission consent revenue, and spectrum usage rights revenue, partially offset by an increase in digital advertising revenue.
- Advertising Technology & Services segment net revenue increased 104% for third quarter 2025 compared to third quarter 2024, primarily due to increases in advertising revenue including advertising spend per client.
- Segment operating profit was $6.2 million for third quarter 2025, a decrease of 55% compared to third quarter 2024.Media segment operating loss was $3.5 million for third quarter 2025, compared to operating profit of $11.7 million in third quarter 2024.
- Advertising Technology & Services segment operating profit was $9.8 million for third quarter 2025, an increase of 378% compared to third quarter 2024.
- Corporate expenses decreased 9% for third quarter 2025 compared to third quarter 2024, primarily due to expense reductions in rent and professional services.
- During third quarter 2025 the Company's management began to implement an ongoing organization design plan intended to support revenue growth and reduce expenses, primarily in the Company’s media operations. As a result, the Company recorded a restructuring charge of $3.2 million in the third quarter of 2025. Key components of this plan in the media segment include a reduction of approximately 5% of the Company's media segment workforce, primarily in back-office roles, and the abandonment of certain leased facilities, with impacted employees transitioning to remote work, and the shutdown of certain legacy international operations within the advertising technology & services segment.
- The company entered into a strategic amendment to its credit agreement on July 15, 2025, intended to accelerate debt reduction and provide additional financial stability and flexibility.
- The company made a $5 million scheduled debt payment and paid a dividend of $4.5 million in third quarter 2025.
- The company had $66.4 million in cash and cash equivalents and marketable securities as of September 30, 2025, compared to $100.6 million as of December 31, 2024. Net cash provided by operating activities was $8.3 million for third quarter 2025.
- 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, 2025 to shareholders of record as of the close of business on December 16, 2025.