MediaCo Holding Inc. has reported FY Q4 results for the period ending Dec. 31, 2025: year-to-date Net Revenue was $133.3 million, up $37.8 million (40%) year-over-year, driven by the April 2024 Estrella Media acquisition and strong digital revenue.
Year-to-date Net Loss widened to $66.2 million from $1.3 million, primarily due to non‑cash items (fair‑value changes on warrant liabilities and impairment charges to Audio goodwill and FCC licenses), partially offset by revenue growth and lower corporate expenses.
Adjusted EBITDA improved to $7.3 million (vs. a $1.6 million loss prior year). Q4 revenue rose 18% year-over-year, with digital exceeding 50% of total revenue.
Management highlighted audience gains across key markets and the Jan. 2026 launch of HOT 97 Mornings with The Kid Mero, now distributed on FAST and select local TV outlets.