Townsquare Media Inc
NYSE:TSQ
Income Statement
Earnings Waterfall
Townsquare Media Inc
Income Statement
Townsquare Media Inc
| Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
36
|
40
|
45
|
49
|
47
|
45
|
41
|
38
|
36
|
34
|
35
|
34
|
34
|
34
|
33
|
33
|
33
|
32
|
33
|
33
|
33
|
42
|
42
|
42
|
34
|
33
|
32
|
31
|
30
|
32
|
34
|
36
|
38
|
38
|
38
|
38
|
38
|
38
|
38
|
37
|
37
|
36
|
36
|
35
|
35
|
36
|
39
|
43
|
|
| Revenue |
269
N/A
|
294
+10%
|
328
+11%
|
356
+8%
|
374
+5%
|
376
+1%
|
387
+3%
|
422
+9%
|
441
+5%
|
455
+3%
|
474
+4%
|
510
+8%
|
422
-17%
|
507
+20%
|
487
-4%
|
433
-11%
|
390
-10%
|
393
+1%
|
381
-3%
|
375
-2%
|
408
+9%
|
414
+1%
|
421
+2%
|
428
+2%
|
431
+1%
|
431
0%
|
392
-9%
|
375
-4%
|
371
-1%
|
367
-1%
|
400
+9%
|
416
+4%
|
418
+1%
|
429
+3%
|
444
+3%
|
453
+2%
|
463
+2%
|
466
+1%
|
465
0%
|
460
-1%
|
454
-1%
|
451
-1%
|
448
-1%
|
448
+0%
|
451
+1%
|
450
0%
|
447
-1%
|
439
-2%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(187)
|
(205)
|
(227)
|
(243)
|
(253)
|
(257)
|
(268)
|
(296)
|
(318)
|
(333)
|
(357)
|
(382)
|
(299)
|
(372)
|
(350)
|
(315)
|
(274)
|
(273)
|
(263)
|
(255)
|
(286)
|
(291)
|
(294)
|
(299)
|
(300)
|
(304)
|
(293)
|
(287)
|
(282)
|
(275)
|
(283)
|
(287)
|
(288)
|
(298)
|
(310)
|
(318)
|
(325)
|
(330)
|
(331)
|
(329)
|
(329)
|
(328)
|
(328)
|
(330)
|
(327)
|
(326)
|
(323)
|
(318)
|
|
| Gross Profit |
81
N/A
|
89
+10%
|
101
+13%
|
113
+12%
|
121
+6%
|
119
-1%
|
119
+0%
|
126
+6%
|
123
-2%
|
121
-2%
|
118
-3%
|
129
+10%
|
122
-5%
|
134
+10%
|
137
+2%
|
118
-14%
|
116
-2%
|
119
+3%
|
118
-1%
|
119
+1%
|
122
+2%
|
123
+1%
|
128
+4%
|
129
+1%
|
131
+1%
|
127
-3%
|
99
-22%
|
88
-11%
|
89
+1%
|
91
+3%
|
117
+29%
|
129
+10%
|
130
+1%
|
132
+2%
|
134
+2%
|
135
+1%
|
138
+2%
|
137
-1%
|
134
-2%
|
131
-2%
|
125
-5%
|
123
-2%
|
120
-2%
|
118
-2%
|
124
+5%
|
124
+0%
|
124
0%
|
121
-3%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(33)
|
(35)
|
(37)
|
(76)
|
(80)
|
(79)
|
(80)
|
(45)
|
(47)
|
(50)
|
(51)
|
(50)
|
(47)
|
(52)
|
(52)
|
(50)
|
(45)
|
(45)
|
(45)
|
(45)
|
(48)
|
(51)
|
(54)
|
(57)
|
(57)
|
(56)
|
(54)
|
(52)
|
(49)
|
(47)
|
(45)
|
(45)
|
(47)
|
(47)
|
(47)
|
(46)
|
(47)
|
(49)
|
(52)
|
(55)
|
(52)
|
(53)
|
(59)
|
(59)
|
(61)
|
(61)
|
(56)
|
(56)
|
|
| Selling, General & Administrative |
(19)
|
(20)
|
(22)
|
(61)
|
(63)
|
(63)
|
(64)
|
(29)
|
(30)
|
(30)
|
(29)
|
(27)
|
(30)
|
(29)
|
(30)
|
(30)
|
(27)
|
(27)
|
(28)
|
(28)
|
(29)
|
(30)
|
(30)
|
(30)
|
(31)
|
(32)
|
(32)
|
(31)
|
(29)
|
(27)
|
(25)
|
(25)
|
(28)
|
(28)
|
(29)
|
(28)
|
(28)
|
(30)
|
(33)
|
(35)
|
(33)
|
(34)
|
(40)
|
(40)
|
(41)
|
(42)
|
(37)
|
(37)
|
|
| Depreciation & Amortization |
(15)
|
(16)
|
(17)
|
(17)
|
(17)
|
(16)
|
(15)
|
(16)
|
(18)
|
(20)
|
(22)
|
(23)
|
(17)
|
(23)
|
(22)
|
(21)
|
(18)
|
(18)
|
(17)
|
(17)
|
(20)
|
(21)
|
(24)
|
(26)
|
(26)
|
(25)
|
(23)
|
(21)
|
(20)
|
(20)
|
(20)
|
(19)
|
(19)
|
(19)
|
(19)
|
(18)
|
(19)
|
(19)
|
(20)
|
(20)
|
(19)
|
(19)
|
(19)
|
(20)
|
(20)
|
(19)
|
(19)
|
(18)
|
|
| Other Operating Expenses |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
48
N/A
|
55
+13%
|
64
+18%
|
37
-43%
|
41
+11%
|
40
-2%
|
39
-2%
|
81
+105%
|
76
-6%
|
71
-7%
|
66
-6%
|
79
+19%
|
76
-4%
|
82
+9%
|
86
+4%
|
68
-21%
|
71
+5%
|
75
+6%
|
73
-2%
|
74
+1%
|
74
-1%
|
72
-1%
|
74
+2%
|
73
-2%
|
74
+2%
|
71
-4%
|
45
-36%
|
36
-19%
|
40
+10%
|
45
+12%
|
72
+62%
|
84
+16%
|
82
-2%
|
85
+3%
|
87
+3%
|
90
+3%
|
91
+2%
|
87
-4%
|
82
-6%
|
76
-7%
|
73
-4%
|
70
-4%
|
61
-13%
|
59
-4%
|
64
+9%
|
63
0%
|
69
+8%
|
65
-5%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(36)
|
(40)
|
(45)
|
(49)
|
(47)
|
(45)
|
(41)
|
(38)
|
(36)
|
(34)
|
(35)
|
(34)
|
(34)
|
(34)
|
(33)
|
(33)
|
(33)
|
(32)
|
(33)
|
(33)
|
(33)
|
(42)
|
(42)
|
(41)
|
(32)
|
(32)
|
(31)
|
(30)
|
(30)
|
(32)
|
(34)
|
(36)
|
(38)
|
(38)
|
(38)
|
(38)
|
(38)
|
(38)
|
(37)
|
(36)
|
(35)
|
(35)
|
(34)
|
(34)
|
(34)
|
(35)
|
(39)
|
(43)
|
|
| Non-Reccuring Items |
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
(0)
|
(31)
|
(20)
|
(22)
|
(22)
|
8
|
(7)
|
(5)
|
(5)
|
(5)
|
(1)
|
(24)
|
(24)
|
(23)
|
(23)
|
(56)
|
(56)
|
(56)
|
(56)
|
(111)
|
(193)
|
(222)
|
(224)
|
(114)
|
(44)
|
(15)
|
(13)
|
(14)
|
(3)
|
(13)
|
(23)
|
(35)
|
(42)
|
(59)
|
(78)
|
(91)
|
(86)
|
(94)
|
(66)
|
(42)
|
(43)
|
(5)
|
(11)
|
|
| Total Other Income |
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(3)
|
6
|
6
|
6
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(0)
|
(1)
|
2
|
(1)
|
(3)
|
(4)
|
(7)
|
(4)
|
(1)
|
4
|
4
|
4
|
7
|
3
|
2
|
3
|
(1)
|
(1)
|
(2)
|
|
| Pre-Tax Income |
11
N/A
|
12
+16%
|
17
+43%
|
(14)
N/A
|
(6)
+57%
|
(6)
+10%
|
(33)
-491%
|
23
N/A
|
18
-20%
|
16
-14%
|
40
+154%
|
38
-4%
|
37
-3%
|
44
+18%
|
48
+9%
|
34
-29%
|
14
-57%
|
18
+26%
|
17
-8%
|
17
+4%
|
(17)
N/A
|
(19)
-9%
|
(17)
+10%
|
(18)
-9%
|
(72)
-294%
|
(156)
-117%
|
(209)
-34%
|
(219)
-5%
|
(104)
+52%
|
(31)
+70%
|
23
N/A
|
37
+64%
|
29
-21%
|
40
+38%
|
32
-20%
|
21
-34%
|
14
-35%
|
6
-56%
|
(9)
N/A
|
(33)
-262%
|
(49)
-48%
|
(44)
+11%
|
(65)
-48%
|
(39)
+39%
|
(10)
+76%
|
(16)
-66%
|
22
N/A
|
10
-57%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(0)
|
(0)
|
(0)
|
(7)
|
(11)
|
(11)
|
(5)
|
(10)
|
(8)
|
(7)
|
(17)
|
(16)
|
(16)
|
(18)
|
(20)
|
(15)
|
8
|
7
|
9
|
11
|
(31)
|
(30)
|
(31)
|
(30)
|
15
|
37
|
53
|
56
|
24
|
4
|
(13)
|
(16)
|
(10)
|
(13)
|
(10)
|
(9)
|
1
|
4
|
11
|
(4)
|
6
|
4
|
(21)
|
2
|
(1)
|
2
|
14
|
10
|
|
| Income from Continuing Operations |
10
|
12
|
17
|
(21)
|
(17)
|
(16)
|
(37)
|
13
|
10
|
9
|
23
|
23
|
21
|
25
|
28
|
19
|
22
|
25
|
26
|
28
|
(48)
|
(49)
|
(48)
|
(49)
|
(58)
|
(120)
|
(157)
|
(164)
|
(81)
|
(27)
|
10
|
21
|
19
|
28
|
22
|
12
|
14
|
10
|
2
|
(37)
|
(43)
|
(40)
|
(86)
|
(38)
|
(11)
|
(14)
|
37
|
20
|
|
| Income to Minority Interest |
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Net Income (Common) |
10
N/A
|
12
+18%
|
17
+39%
|
(21)
N/A
|
(17)
+19%
|
(17)
+3%
|
(38)
-124%
|
13
N/A
|
10
-22%
|
8
-14%
|
23
+174%
|
22
-3%
|
23
+3%
|
22
-7%
|
21
-2%
|
20
-8%
|
(14)
N/A
|
(38)
-174%
|
(41)
-10%
|
(46)
-12%
|
(99)
-113%
|
(77)
+22%
|
(69)
+11%
|
(71)
-4%
|
(68)
+5%
|
(124)
-83%
|
(161)
-29%
|
(167)
-4%
|
(83)
+50%
|
(29)
+65%
|
8
N/A
|
19
+149%
|
17
-14%
|
25
+52%
|
20
-20%
|
10
-50%
|
12
+19%
|
8
-37%
|
0
-97%
|
(39)
N/A
|
(45)
-15%
|
(41)
+8%
|
(87)
-111%
|
(40)
+55%
|
(13)
+68%
|
(16)
-25%
|
35
N/A
|
18
-48%
|
|
| EPS (Diluted) |
0.6
N/A
|
0.67
+12%
|
0.99
+48%
|
-1.5
N/A
|
-1.45
+3%
|
-0.49
+66%
|
-2.16
-341%
|
0.45
N/A
|
0.35
-22%
|
0.46
+31%
|
0.83
+80%
|
0.81
-2%
|
0.84
+4%
|
1.16
+38%
|
0.74
-36%
|
0.68
-8%
|
-0.5
N/A
|
-2.03
-306%
|
-1.5
+26%
|
-1.67
-11%
|
-3.58
-114%
|
-2.79
+22%
|
-2.49
+11%
|
-2.58
-4%
|
-2.46
+5%
|
-4.49
-83%
|
-5.82
-30%
|
-6.01
-3%
|
-2.99
+50%
|
-1.13
+62%
|
0.42
N/A
|
1
+138%
|
0.79
-21%
|
1.32
+67%
|
1.09
-17%
|
0.58
-47%
|
0.68
+17%
|
0.45
-34%
|
0
N/A
|
-2.4
N/A
|
-2.68
-12%
|
-2.2
+18%
|
-5.79
-163%
|
-2.29
+60%
|
-0.81
+65%
|
-0.99
-22%
|
2.11
N/A
|
1.11
-47%
|
|