Key Financial Data
- Overall revenue: $120.6 million (+24% year-over)
- Advertising tech & services revenue: $76.1 million (+104%)
- Media revenue: $44.5 million (-26%)
- Read more Q3 2025 media earnings coverage
Hispanic-focused media company Entravision reported mixed results for its third financial quarter (Q3) of the year, as its healthier digital business struggled to offset its traditional radio and television broadcast units.
Entravision earned $120.6 million during Q3, up 24 percent on a year-over basis, driven almost entirely by the company’s advertising tech and services business unit, which saw its revenue soar more than 100 percent on a year-over basis.
By comparison, Entravision’s radio and television business earned $44.5 million in revenue, down 26 percent. The company does not report radio earnings separate from television.
Entravision CEO Michael Christenson tried to offer context for the lower revenue, noting that last year’s political ad revenue windfall was not fully realized on a comparative basis and that the entire industry continues to feel pressure from ongoing weakness in core, non-political advertising.
Despite the weakness, Christenson pointed to continued momentum in the company’s ad tech business.
“Investments in the AI capabilities of our [Advertising Technology & Services] platform and increased sales capacity enabled ATS to increase monthly active advertisers and revenue per monthly active advertiser,” he said.
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Operating profit for the quarter dropped 55 percent from the prior year to $6.2 million, weighed down by losses in the Media unit. That division recorded a $3.5 million operating loss, compared with an $11.7 million profit in the same period last year. ATS offset some of the decline with a $9.8 million profit, a 378 percent year-over-year increase.
In response to the contrasting performance, Entravision has begun restructuring to reduce costs and sharpen focus on high-growth areas. Management initiated an organizational redesign that includes a 5 percent workforce reduction in the Media division, facility consolidations, and the closure of certain legacy international operations tied to the ad tech business. Corporate expenses fell 9 percent from the previous year, aided by lower rent and professional services costs.
Christenson said Entravision also made progress toward deleveraging.
“We repaid $5 million on our bank term loan in the third quarter of 2025, bringing our total reduction to $15 million so far for the year. We are committed to reducing our debt and maintaining a strong balance sheet,” he said.
