Entravision Communications reported a 114% surge in consolidated net revenue for the first quarter ended March 31, 2026, driven by explosive growth in its Advertising Technology & Services (ATS) segment.
Net revenue in the ATS segment skyrocketed 204% year-over-year, fueled by higher monthly active advertisers and increased revenue per advertiser, thanks to AI platform enhancements and expanded sales efforts.
The Media segment grew a more modest 4%, supported by gains in digital advertising and retransmission fees that offset declines in broadcast advertising and spectrum rights revenue.
“Our ATS results reflect strong execution on our AI investments and sales expansion,” said Michael Christenson, Chief Executive Officer. “We also continued to strengthen our balance sheet by repaying $5 million on our bank term loan.”
Key Financial Highlights
- Segment operating profit rose sharply to $29.1 million from $3.9 million in Q1 2025.
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- ATS operating profit jumped to $34.3 million from $6.5 million.
- Media segment operating loss widened to $5.2 million from $2.6 million.
- Corporate expenses fell 8% due to lower rent and professional services costs, partially offset by higher bonus and stock-based compensation expenses.
- The company made a $5.0 million scheduled debt payment and paid a $4.6 million dividend during the quarter.
- As of March 31, 2026, Entravision held $71.1 million in cash and marketable securities, with $162.2 million in long-term debt and current maturities.
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Entravision operates in two segments: the Media segment, which delivers video, audio, and digital marketing services to U.S. local and national advertisers, and the ATS segment, which offers programmatic advertising technology and services to advertisers and mobile app developers worldwide.
Local advertising revenue in the Media segment rose 6%, while national advertising (excluding political) declined 18%.