Radio Broadcasting was Urban One’s largest segment in fiscal 2025, bringing in $278.18M of $574.96M (48%).
| Segment | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2023 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Radio Broadcasting | $312.43M | $278.18M | ||||||||||||
| Cable Television | $216.61M | $138.80M | ||||||||||||
| Cable Televsion | — | — | ||||||||||||
| Digital | $150.99M | $95.69M | ||||||||||||
| Reach Media | $79.70M | $62.29M | ||||||||||||
| Internet | — | — | ||||||||||||
| Fantastic Voyage | — | — | ||||||||||||
| Barter Transactions | — | — | ||||||||||||
| All Other - Corporate/Eliminations | — | — | ||||||||||||
| Corporate/Eliminations | — | — | ||||||||||||
| Corporate Eliminations & Other | — | — | ||||||||||||
| Corporate/Eliminations/Other | — | — | ||||||||||||
| Corporate/Elemenation/Other | — | — | ||||||||||||
| Total | $759.73M | $574.96M |
Urban One brought in $574.96M from its four segments in fiscal 2025, the year ended December 31, 2025. That was down 24.3% from $759.73M in fiscal 2023, the previous year with figures. Radio Broadcasting was the largest at $278.18M (48.4%), ahead of Cable Television at $138.80M (24.1%) and Digital at $95.69M (16.6%). The remaining segment, Reach Media, brought in $62.29M.
Compared with fiscal 2023, the previous year with figures, every segment above 2% of revenue shrank. Radio Broadcasting held up best, down 11.0% to $278.18M, and Digital fell the most, down 36.6% to $95.69M. From fiscal 2023 to 2025, combined revenue from these segments fell from $759.73M to $574.96M, a compound annual decline of 13.0%. Radio Broadcasting's share of the total rose from 41.1% to 48.4%.
Radio Advertising was Urban One’s largest product and service line in fiscal 2021, bringing in $330.49M of $894.57M (37%).
| Product and Service | FY 2018 | FY 2019 | FY 2020 | FY 2021 |
|---|---|---|---|---|
| Radio Advertising | $395.19M | $386.64M | $275.70M | $330.49M |
| Cable Television Affiliate Fees | $214.55M | $210.14M | $198.98M | $202.41M |
| Cable Television Advertising | $152.86M | $159.55M | $159.46M | $191.18M |
| Digital Advertising | $63.02M | $63.82M | $68.26M | $119.62M |
| Event Revenues Other | $39.40M | $50.81M | $5.30M | $29.89M |
| Political Advertising | $13.18M | $2.89M | $44.97M | $6.99M |
| Reach Media | — | — | — | $14.00M |
| Total | $878.20M | $873.86M | $752.67M | $894.57M |
Urban One brought in $894.57M from its seven product and service lines in fiscal 2021, the year ended December 31, 2021. Urban One regrouped these lines after fiscal 2020, so the total does not compare directly with that year's $752.67M. Radio Advertising was the largest at $330.49M (36.9%), ahead of Cable Television Affiliate Fees at $202.41M (22.6%) and Cable Television Advertising at $191.18M (21.4%). The other four lines brought in $170.50M combined.
Compared with fiscal 2020, Event Revenues Other grew fastest, up 463.5% to $29.89M. Every line above 2% of revenue grew.
Urban One began breaking out Reach Media in fiscal 2021, when it brought in $14.00M.
As Previously Reported was Urban One’s largest revenue line in fiscal 2022, bringing in $705.12M of $704.82M (100%).
| Revision of Prior Period | FY 2021 | FY 2021 | FY 2021 | FY 2021 | FY 2022 | FY 2022 | FY 2022 |
|---|---|---|---|---|---|---|---|
| As Previously Reported | $182.88M | $398.07M | $620.99M | $882.92M | $224.70M | $462.32M | $705.12M |
| Other Adjustments | -$458.00K | -$456.00K | -$458.00K | -$982.00K | -$436.00K | -$306.00K | -$306.00K |
| Adjustments | — | — | — | -$2.40M | — | — | — |
| Total | $182.42M | $397.61M | $620.53M | $879.54M | $224.26M | $462.01M | $704.82M |
Urban One brought in $704.82M from its two revenue lines in fiscal 2022, the year ended September 30, 2022. That was up 52.6% from $462.01M in fiscal 2022. As Previously Reported was the largest at $705.12M (100.0%).
The total is net of Other Adjustments, which took $306.00K off revenue in fiscal 2022.
Urban One (UONE) reports its revenue by segment, by product and service and by revision of prior period. In fiscal 2025, Radio Broadcasting was its largest segment, bringing in $278.18M (48.4% of the total), followed by Cable Television at $138.80M (24.1%).
Radio Broadcasting was Urban One's largest segment in fiscal 2025, bringing in $278.18M, or 48.4% of the $574.96M total across its four segments.
Radio Advertising was Urban One's largest product and service line in fiscal 2021, bringing in $330.49M, or 36.9% of the $894.57M total across its seven product and service lines.
As Previously Reported was Urban One's largest revenue line in fiscal 2022, bringing in $705.12M, or 100.0% of the $704.82M total across its two revenue lines.
Every figure comes from Urban One's annual financial filings, as reported. Each line keeps the name Urban One gives it, and years follow its fiscal calendar.
Urban One's revenue by segment goes back to fiscal 2010, 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.