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Townsquare Media TSQ Barter and Trade Advertising — Net revenue

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Other financials

Income statement

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Revenue$96.8M-1.9%
Operating income-$1.3M-118%
Net income$2.8M+240%
EPS (diluted)$0.16+233%

Balance sheet

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Cash & equivalents$2.2M-60.5%
Total debt$483.9M-3.3%
Total assets$516.1M-5.2%

Cash flow

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Operating cash flow$4.2M+6,456%
CapEx$3.6M-18.7%
Free cash flow$558.0K+112%

Valuation

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Market cap$130.16M+4.7%
Enterprise value$611.89M+0.1%
P/S0.3×0.0×

Profitability

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Operating margin8.4%+3.5pp
Net margin-1.6%
FCF margin4.8%-1.7pp

Returns & leverage

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Return on equity2.8%
Debt / equity1.7×
Current ratio0.8×-0.2×

Where this comes from

Reported directly by Townsquare Media in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Townsquare Media’s 10-K, filed March 16, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Townsquare Media's barter and trade advertising — net revenue?
Townsquare Media (TSQ) reported barter and trade advertising — net revenue of $3.63M in Q4 2025.
How has Townsquare Media's barter and trade advertising — net revenue changed year-over-year?
Townsquare Media's barter and trade advertising — net revenue increased by 5.1% year-over-year, from $3.45M to $3.63M.
What is the long-term trend for Townsquare Media's barter and trade advertising — net revenue?
Over 3 years (2022 to 2025), Townsquare Media's barter and trade advertising — net revenue has grown at a 2.9% compound annual growth rate (CAGR), from $13.3M to $14.5M.
What does barter and trade advertising — net revenue mean?
This metric represents the total revenue generated from advertising inventory exchanged for goods or services rather than cash payments. It reflects the value of non-monetary transactions within the media segment, providing insight into the company's ability to leverage its broadcast assets to acquire necessary operational resources. Tracking this revenue stream is essential for understanding the scale of non-cash advertising activity and its contribution to overall segment performance.