Entravision Communications (EVC) Q2 2026 earnings summary

Executive summary

• Consolidated revenue rose 126% year-over-year to $228 million in Q2 2026, driven by 230% growth in the ATS segment, while the media segment declined 1%.

• ATS segment accounted for 80% of total revenue, fueled by a major Asian customer, increased advertiser activity, and AI investments.

• Media segment faced ongoing challenges from declining broadcast audiences and shifting advertiser preferences toward digital, resulting in a 1% revenue decline and operating loss.

• Segment operating profit reached $36.7 million in Q2 2026, up from $5.5 million in Q2 2025.

Financial highlights

• Q2 2026 consolidated net revenue: $227.9 million, up from $100.7 million in Q2 2025.

• Net income for Q2 2026 was $19.7 million, reversing a prior-year loss of $3.3 million.

• Operating income for Q2 2026 was $30 million, compared to a loss of $0.8 million in Q2 2025.

• Cash and equivalents stood at $80.8 million as of June 30, 2026.

• Cash flow from operations for the first half of 2026 was $45.6 million, up from $(7.4) million in the prior year period.

Outlook and guidance

• ATS segment expected to maintain over 100% year-over-year growth in Q3 and Q4 2026, but sequential growth will slow.

• Variability in ATS results anticipated due to large client ad spend fluctuations.

• Capital expenditures for 2026 anticipated at $12 million, funded by cash and operations.

• Management expects sufficient liquidity for at least the next twelve months.

• Continued investment in AI capabilities and sales capacity expected to drive further ATS segment growth.