Broadcast Advertising was Townsquare Media’s largest segment in fiscal 2025, bringing in $183.36M of $419.38M (44%).
| Segment | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Advertising | — | — | — | |||||||||
| Local Marketing Solutions | — | — | — | |||||||||
| Local Advertising | — | — | — | |||||||||
| Broadcast Advertising | $223.88M | $209.87M | $183.36M | |||||||||
| Digital Advertising | $140.36M | $157.79M | $161.18M | |||||||||
| Entertainment | — | — | — | |||||||||
| Subscription Digital Marketing Solutions | $90.40M | $75.34M | $74.84M | |||||||||
| Townsquare Interactive | — | — | — | |||||||||
| Live Events | — | — | — | |||||||||
| Other Media & Entertainment | — | — | — | |||||||||
| Other | $8.54M | — | — | |||||||||
| Total | $463.18M | $443.00M | $419.38M |
Townsquare Media brought in $419.38M from its three segments in fiscal 2025, the year ended December 31, 2025. That was down 5.3% from $443.00M in fiscal 2024. Broadcast Advertising was the largest at $183.36M (43.7%), ahead of Digital Advertising at $161.18M (38.4%) and Subscription Digital Marketing Solutions at $74.84M (17.8%).
Compared with fiscal 2024, Digital Advertising grew fastest, up 2.1% to $161.18M, while Broadcast Advertising fell the most, down 12.6% to $183.36M.
Townsquare Media stopped reporting Other as a separate segment after fiscal 2022, when it brought in $8.54M.
Net Revenue (Ex Political) was Townsquare Media’s largest revenue line in fiscal 2025, bringing in $189.51M of $193.51M (98%).
| Customer | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Revenue (Ex Political) | $225.30M | $209.03M | $204.44M | $189.51M | ||||||
| Excluding Political | — | — | — | — | ||||||
| Political | $7.52M | $5.60M | $12.59M | $4.00M | ||||||
| Total | $232.82M | $214.63M | $217.02M | $193.51M |
Townsquare Media brought in $193.51M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That is less than the $419.38M it reports by segment, so these revenue lines do not cover all of its revenue. Net Revenue (Ex Political) was the largest at $189.51M (97.9%), ahead of Political at $4.00M (2.1%).
Compared with fiscal 2024, Net Revenue (Ex Political) fell 7.3% to $189.51M and Political fell 68.2% to $4.00M.
Broadcast Advertising was Townsquare Media’s largest product and service line in fiscal 2023, bringing in $209.03M of $451.33M (46%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|---|---|---|---|
| Advertising | — | — | — | — | ||||
| Broadcast Advertising | $185.52M | $212.02M | $216.86M | $209.03M | ||||
| Digital Advertising | $96.97M | $116.87M | $139.85M | $150.07M | ||||
| Subscription Digital Marketing Solutions | $70.36M | $81.79M | $90.40M | $82.22M | ||||
| Townsquare Interactive | — | — | — | — | ||||
| Live Events | — | — | — | — | ||||
| Other | $2.48M | $3.77M | $8.44M | $10.01M | ||||
| Total | $355.33M | $414.46M | $455.56M | $451.33M |
Townsquare Media brought in $451.33M from its four product and service lines in fiscal 2023, the year ended December 31, 2023. That was down 0.9% from $455.56M in fiscal 2022. Broadcast Advertising was the largest at $209.03M (46.3%), ahead of Digital Advertising at $150.07M (33.3%) and Subscription Digital Marketing Solutions at $82.22M (18.2%). The remaining line, Other, brought in $10.01M.
Compared with fiscal 2022, Other grew fastest, up 18.6% to $10.01M, while Subscription Digital Marketing Solutions fell the most, down 9.1% to $82.22M. From fiscal 2020 to 2023, combined revenue from these lines grew from $355.33M to $451.33M, a compound annual growth rate of 8.3%. Broadcast Advertising's share of the total fell from 52.2% to 46.3%.
Townsquare Media (TSQ) reports its revenue by segment, by customer and by product and service. In fiscal 2025, Broadcast Advertising was its largest segment, bringing in $183.36M (43.7% of the total), followed by Digital Advertising at $161.18M (38.4%).
Broadcast Advertising was Townsquare Media's largest segment in fiscal 2025, bringing in $183.36M, or 43.7% of the $419.38M total across its three segments.
Net Revenue (Ex Political) was Townsquare Media's largest revenue line in fiscal 2025, bringing in $189.51M, or 97.9% of the $193.51M total across its two revenue lines.
Broadcast Advertising was Townsquare Media's largest product and service line in fiscal 2023, bringing in $209.03M, or 46.3% of the $451.33M total across its four product and service lines.
Among Townsquare Media's segments that make up at least 2% of revenue, Digital Advertising grew fastest in fiscal 2025, up 2.1% from $157.79M to $161.18M.
Every figure comes from Townsquare Media's annual financial filings, as reported. Each line keeps the name Townsquare Media gives it, and years follow its fiscal calendar.
Townsquare Media's revenue by segment goes back to fiscal 2012, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.