BBGI BEASLEY BROADCAST GROUP INC
Price Chart
Executive Summary
Beasley Broadcast Group reported Q1 2026 revenue of $42.6M, down 12.9% YoY, with net income of $3.2M ($1.77/diluted share) driven by a $12.5M gain on asset dispositions, compared to a net loss of $2.7M in Q1 2025. Adjusted EBITDA turned negative to -$0.4M from +$1.1M, and operating cash flow remained negative. The revenue decline exceeds 5%, and core operations remain under pressure.
Actionable Insight
Focus on same-station revenue trajectory and ability to generate positive Adjusted EBITDA without asset sales. The May 2026 debt restructuring provides near-term liquidity relief but does not reverse secular revenue declines. Monitor next quarter for cost reduction progress and digital revenue momentum.
Key Facts
- Q1 2026 net revenue $42.6M, down 12.9% YoY (down 6.7% same-station)
- Net income of $3.2M ($1.77 diluted EPS) vs net loss of $2.7M ($1.50 loss) in Q1 2025, but includes a $12.5M gain on sale of Fort Myers stations
- Adjusted EBITDA -$0.4M vs +$1.1M in Q1 2025
- Operating cash flow -$3.5M, unchanged from prior year
- Long-term debt reduced to $217.5M from $235.3M at year-end 2025; subsequent debt restructuring completed May 2026
Financial Impact
Revenue decline of $6.3M YoY; net income swing of $5.9M positive but largely from asset sales
Risk Factors
- Continued secular pressure on traditional radio advertising revenues
- Negative Adjusted EBITDA and operating cash flow could strain liquidity
- Reliance on asset sales for profitability is not sustainable
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-220728 |
| Document: bbgi-20260513.htm | 0001193125-26-220728 |
| Document: 0001193125-26-220728-index-headers.html | 0001193125-26-220728 |
| Document: 0001193125-26-220728-index.html | 0001193125-26-220728 |
| Document: 0001193125-26-220728.txt | 0001193125-26-220728 |
| 8-K Data (Synthetic) | 0001193125-26-220728 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 5, 2026
4d ago
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8-K
| $20.79 awaiting T+5 | awaiting T+5 | — | $21.08 (−1.42%) |
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Jun 5, 2026
5d ago
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EFFECT
| $20.07 awaiting T+5 | awaiting T+5 | — | $21.08 (−5.03%) |
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May 29, 2026
11d ago
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DEFA14A
| $14.90 $20.18 | ▲ +35.44% | ▲ +35.73% | $21.08 (+41.48%) |
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May 15, 2026
25d ago
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S-3
| $14.07 $15.17 | ▼ −7.82% | ▼ −6.20% | $21.08 (−49.82%) |
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May 13, 2026
27d ago
|
8-K
| $16.80 $13.80 | ▲ +17.86% | ▲ +16.70% | $21.08 (−25.48%) |
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May 1, 2026
5w ago
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8-K
| $18.71 $17.99 | ▲ +3.85% | ▲ +6.78% | $21.08 (−12.67%) |
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Apr 29, 2026
5w ago
|
8-K
| $19.26 $18.35 | ▲ +4.72% | ▲ +7.83% | $21.08 (−9.45%) |
|
Apr 28, 2026
6w ago
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10-K/A
| $19.26 $18.35 | ▼ −4.72% | ▼ −7.83% | $21.08 (+9.45%) |
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Apr 8, 2026
8w ago
|
8-K
| $5.67 $13.72 | ▼ −141.98% | ▼ −138.46% | $21.08 (−271.78%) |
US Market Status
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