)
Urban One (UONE) investor relations material
Urban One Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q4 2025 net revenue was $97.8 million, down 16.5% year-over-year, with a net loss of $54.4 million compared to a $35.7 million loss in Q4 2024.
Adjusted EBITDA for Q4 2025 was $15.6 million, down from $26.9 million in Q4 2024; full-year Adjusted EBITDA reached $56.7 million, within guidance.
Operating loss widened to $54.0 million from $1.9 million year-over-year, driven by lower political advertising, soft radio markets, and cable TV audience declines.
Significant capital markets transaction completed: repurchased 2028 notes at a discount, extended maturities to 2031, and upsized ABL credit facility, stabilizing capital structure.
Q1 2026 started slower than expected, with radio pacings down about 5%, but operational changes and upcoming political revenue are expected to help.
Financial highlights
Q4 2025 net revenue declined by $19.3 million year-over-year, mainly due to a $12.6 million drop in political advertising and $7.1 million lower cable TV revenue.
Operating expenses for Q4 2025 were $151.9 million, up from $119.0 million in Q4 2024, mainly due to a $55.3 million impairment charge.
Q4 2025 impairment of goodwill and intangibles was $55.3 million, up from $24.2 million in Q4 2024, primarily in the cable TV segment.
Interest expense decreased to $8.7 million in Q4 2025 from $11.5 million in Q4 2024 due to debt repurchases.
Q4 2025 benefit from income taxes was $9.2 million, compared to a $27.6 million benefit in Q4 2024.
Outlook and guidance
2026 EBITDA guidance remains at $70 million, but management will update after Q1 due to current uncertainties.
Management expects a significant recovery in cable TV audience delivery in Q1 2026 due to revised Nielsen methodology, with a 40–50% lift over Q4 2025.
Positive on operational changes and political revenue expected in 2026.
Radio pacings for Q1 2026 are down 5%, but mid-term political revenues are expected to improve later in the year.
- Q2 loss reflects $80.8M impairment and weak cable/digital, but H2 political ad upside expected.UONE
Q2 20242 Feb 2026 - Q1 2024 net income rebounded to $7.5M on lower revenue and strong debt repurchase gains.UONE
Q4 2023 & Q1 20241 Feb 2026 - Q3 net loss narrowed to $31.8M as revenue and EBITDA fell amid cable TV and digital declines.UONE
Q3 202415 Jan 2026 - 2025 EBITDA guidance falls to $75M as radio weakens, but liquidity and cost focus remain strong.UONE
Q4 202426 Dec 2025 - Board recommends approval of all 2024 meeting proposals, including equity plan and auditor ratification.UONE
Proxy Filing2 Dec 2025 - Virtual meeting to vote on directors, reverse split, auditor, and key governance matters.UONE
Proxy Filing2 Dec 2025 - Proxy seeks approval for director elections, reverse stock split, and auditor ratification.UONE
Proxy Filing2 Dec 2025 - Q1 revenue fell 11.7% and net loss hit $11.7M, but full-year EBITDA guidance was reaffirmed.UONE
Q1 202526 Nov 2025 - Q2 2025 saw a 22.2% revenue drop, $130.1M impairments, and a $77.9M net loss.UONE
Q2 202523 Nov 2025
Next Urban One earnings date
Next Urban One earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)