Entravision Communications (EVC) Q1 2026 earnings summary

Executive summary

• Consolidated net revenue rose 114% year-over-year to $197 million in Q1 2026, driven by a 204% increase in ATS segment revenue and a 4% rise in Media segment revenue, with operating income of $21 million versus a loss in Q1 2025.

• Net income attributable to common stockholders was $12.4 million, compared to a net loss of $48.0 million in Q1 2025.

• The company acquired Playback Rewards to complement its Adwake business and launched new networks, including Altavision and WAPA Orlando Channel 26.

• Significant growth in monthly active customers and revenue per customer in the ATS segment, supported by AI investments and expanded sales capacity.

• New leadership team appointed in March to drive profitability and growth in the Media segment.

Financial highlights

• Net revenue: $197.0 million in Q1 2026 vs. $91.9 million in Q1 2025, a 114% increase.

• Net income: $12.4 million in Q1 2026 vs. net loss of $48.0 million in Q1 2025.

• Operating income: $20.7 million in Q1 2026 vs. operating loss of $52.8 million in Q1 2025.

• EPS: $0.13 (Q1 2026) vs. $(0.53) (Q1 2025).

• Cash flow from operations: $21.8 million (Q1 2026) vs. $(15.2) million (Q1 2025).

Outlook and guidance

• Positioned for a strong political advertising environment in 2026, with major gubernatorial and congressional races in key markets.

• Management expects positive cash flow from operations for the full year 2026 and sufficient liquidity to meet obligations for at least the next twelve months.

• Latino audience expected to be a critical focus for political campaigns, enhancing revenue opportunities.

• Capital expenditures for 2026 are anticipated to be approximately $9.0 million, funded by cash on hand and operations.

• Continued focus on leveraging AI capabilities and expanding sales capacity to drive ATS growth.