EVC 8-K

Entravision Communications Corp (EVC)

8-K 2026-03-05 For: 2026-03-05

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Added on April 10, 2026


Delaware	001-15997	95-4783236
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1 Estrella Way
Burbank, California		91504
(Address of Principal Executive Offices)		(Zip Code)


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Class A Common Stock	EVC	The New York Stock Exchange


99.1	Press release issued by Entravision Communications Corporation on March 5, 2026 announcing its results of operations for the three- and twelve-month periods ended December 31, 2025.
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)


			ENTRAVISION COMMUNICATIONS CORPORATION

Date:	March 5, 2026	By:	/s/ Michael J. Christenson
			Michael J. Christenson Chief Executive Officer


Mark Boelke		Roy Nir
Chief Financial Officer and Chief Operating Officer		VP, Financial Reporting and Investor Relations
Entravision		Entravision
310-447-3870		310-447-3870
[email protected]		[email protected]

EVC 8-K

FORM 8-K

Item 2.02 Results of Operations and Financial Condition.


	Three-Month Ended									Year Ended
	December 31,									December 31,
	2025			2024			% Change			2025			2024			% Change
Net Revenue
Media	$	45,764		$	67,260			(32	)%	$	176,659		$	222,061			(20	)%
Advertising Technology & Services		88,614			39,702			123	%		270,935			142,887			90	%
Consolidated		134,378			106,962			26	%		447,594			364,948			23	%
Cost of revenue
Media	$	5,308		$	4,838			10	%	$	18,240		$	16,726			9	%
Advertising Technology & Services		56,336			23,475			140	%		165,872			85,470			94	%
Consolidated		61,644			28,313			118	%		184,112			102,196			80	%
Direct operating expenses
Media		27,642			28,583			(3	)%		109,583			110,988			(1	)%
Advertising Technology & Services		14,699			8,505			73	%		47,219			25,274			87	%
Consolidated		42,341			37,088			14	%		156,802			136,262			15	%
Selling, general and administrative expenses
Media		10,586			12,159			(13	)%		43,995			42,759			3	%
Advertising Technology & Services		5,197			4,900			6	%		22,775			20,109			13	%
Consolidated		15,783			17,059			(7	)%		66,770			62,868			6	%
Depreciation and amortization
Media		2,656			3,135			(15	)%		11,041			12,891			(14	)%
Advertising Technology & Services		52			637			(92	)%		1,301			3,930			(67	)%
Consolidated		2,708			3,772			(28	)%		12,342			16,821			(27	)%
Segment operating profit (loss)
Media		(428	)		18,545		*				(6,200	)		38,697		*
Advertising Technology & Services		12,330			2,185			464	%		33,768			8,104			317	%
Consolidated		11,902			20,730			(43	)%		27,568			46,801			(41	)%
Corporate expenses		6,523			7,509			(13	)%		27,026			37,498			(28	)%
Change in fair value of contingent consideration		—			1			(100	)%		—			(629	)		(100	)%
Impairment charge		26,002			61,220			(58	)%		55,380			61,220			(10	)%
Loss on lease abandonment		—			—		*				25,191			—		*
Restructuring costs		(375	)		—		*				2,813			—		*
Foreign currency (gain) loss		413			572			(28	)%		523			692			(24	)%
Operating income (loss)		(20,661	)		(48,572	)		(57	)%		(83,365	)		(51,980	)		60	%
Interest expense		(3,618	)		(3,824	)		(5	)%		(15,121	)		(16,472	)		(8	)%
Interest income		488			657			(26	)%		2,286			2,458			(7	)%
Dividend income		7			—		*				9			10			(10	)%
Realized gain (loss) on marketable securities		1			—		*				7			(110	)	*
Gain (loss) on debt extinguishment		—			—		*				(214	)		(91	)		135	%
Income (loss) before income taxes from continuing operations	$	(23,783	)	$	(51,739	)		(54	)%	$	(96,398	)	$	(66,185	)		46	%

Capital expenditures
Media	$	1,113		$	2,543					$	6,597		$	7,089
Advertising Technology & Services		96			74						183			372
Consolidated	$	1,209		$	2,617					$	6,780		$	7,461


	Three-Month Period						Twelve-Month Period
	Ended December 31,						Ended December 31,
	2025			2024			2025			2024
Net revenue	$	134,378		$	106,962		$	447,594		$	364,948
Expenses:
Cost of revenue		61,644			28,313			184,112			102,196
Direct operating expenses		42,341			37,088			156,802			136,262
Selling, general and administrative expenses		15,783			17,059			66,770			62,868
Corporate expenses		6,523			7,509			27,026			37,498
Depreciation and amortization		2,708			3,772			12,342			16,821
Change in fair value of contingent consideration		—			1			—			(629	)
Impairment charge		26,002			61,220			55,380			61,220
Loss on lease abandonment		—			—			25,191			—
Restructuring costs		(375	)		—			2,813			—
Foreign currency (gain) loss		413			572			523			692
		155,039			155,534			530,959			416,928
Operating income (loss)		(20,661	)		(48,572	)		(83,365	)		(51,980	)
Interest expense		(3,618	)		(3,824	)		(15,121	)		(16,472	)
Interest income		488			657			2,286			2,458
Dividend income		7			—			9			10
Realized gain (loss) on marketable securities		1			—			7			(110	)
Gain (loss) on debt extinguishment		—			—			(214	)		(91	)
Income before income taxes		(23,783	)		(51,739	)		(96,398	)		(66,185	)
Income tax (expense) benefit		6,319			(3,932	)		18,000			(4,105	)
Net income (loss) from continuing operations		(17,464	)		(55,671	)		(78,398	)		(70,290	)
Income (loss) from discontinued operations		(741	)		(687	)		(769	)		(78,618	)
Net income (loss) attributable to common stockholders	$	(18,205	)	$	(56,358	)	$	(79,167	)	$	(148,908	)

Basic and diluted earnings (loss) per share:
Net income (loss) per share attributable to common stockholders, basic and diluted	$	(0.20	)	$	(0.62	)	$	(0.87	)	$	(1.66	)

Cash dividends declared per common share, basic and diluted	$	0.05		$	0.05		$	0.20		$	0.20

Weighted average common shares outstanding, basic and diluted		91,136,401			90,175,742			91,016,645			89,876,538


	December 31,			December 31,
	2025			2024
ASSETS
Current assets
Cash and cash equivalents	$	59,439		$	95,914
Marketable securities		3,762			4,694
Restricted Cash		797			786
Trade receivables, net of allowance for doubtful accounts		94,912			68,319
Assets held for sale		5,597			—
Prepaid expenses and other current assets		18,974			16,587
Total current assets		183,481			186,300
Property and equipment, net		44,797			60,616
Intangible assets subject to amortization, net		2,593			4,417
Intangible assets not subject to amortization		123,275			177,276
Goodwill		7,352			7,352
Deferred income taxes		3,823			2,650
Operating leases right of use asset		18,807			40,762
Other assets		3,383			7,905
Total assets	$	387,511		$	487,278


LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
Current maturities of long-term debt	$	20,000		$	-
Accounts payable and accrued expenses		91,736			53,882
Operating lease liabilities		9,737			7,744
Total current liabilities		121,473			61,626
Long-term debt, less current maturities, net of unamortized debt issuance costs		147,119			186,958
Long-term operating lease liabilities		36,775			42,101
Other long-term liabilities		12,197			12,168
Deferred income taxes		14,505			38,405
Total liabilities		332,069			341,258

Stockholders' equity
Class A common stock		8			8
Class U common stock		1			1
Additional paid-in capital		804,075			815,532
Accumulated deficit		(747,887	)		(668,720	)
Accumulated other comprehensive income (loss)		(755	)		(801	)


	Three-Month Period						Twelve-Month Period
	Ended December 31,						Ended December 31,
	2025			2024			2025			2024
Cash flows from operating activities:
Net income (loss)	$	(18,205	)	$	(56,358	)	$	(79,167	)	$	(148,908	)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization		2,708			3,772			12,342			20,779
Impairment charge		26,002			61,220			55,380			110,658
Loss on lease abandonment		—			—			25,191			—
Deferred income taxes		(12,779	)		(6,995	)		(25,079	)		(10,281	)
Non-cash interest		415			61			1,410			284
Amortization of syndication contracts		99			111			427			450
Payments on syndication contracts		(100	)		(114	)		(390	)		(451	)
Non-cash stock-based compensation		2,878			1,426			10,980			13,848
(Gain) loss on marketable securities		(1	)		—			(7	)		110
(Gain) loss on disposal of property and equipment		186			71			199			277
Loss (gain) on the sale of businesses		—			48			—			45,187
(Gain) loss on debt extinguishment		—			—			214			91
Change in fair value of contingent consideration		—			—			—			(13,198	)
Net income (loss) attributable to redeemable noncontrolling interest - discontinued operations		—			—			—			(2,779	)
Changes in assets and liabilities, net of businesses acquired and disposed of:
(Increase) decrease in trade receivables, net		(5,644	)		(519	)		(26,197	)		10,092
(Increase) decrease in prepaid expenses and other current assets, operating leases right of use asset and other assets		5,746			11,806			8,104			9,878
Increase (decrease) in accounts payable, accrued expenses and other liabilities		8,483			(1,746	)		27,242			38,668
Net cash provided by (used in) operating activities		9,788			12,783			10,649			74,705
Cash flows from investing activities:
Proceeds from sale of assets/business, net of cash divested		—			2,486			—			(40,481	)
Purchases of property and equipment		(1,115	)		(2,174	)		(7,135	)		(8,463	)
Purchases of marketable securities		(12	)		(2,303	)		(1,551	)		(2,303	)
Proceeds from sale of marketable securities		933			408			2,552			10,789
Proceeds from loan receivable		—			2,888			—			13,636
Net cash provided by (used in) investing activities		(194	)		1,305			(6,134	)		(26,822	)
Cash flows from financing activities:
Tax payments related to shares withheld for share-based compensation plans		(2,318	)		(2,537	)		(2,318	)		(2,564	)
Payments on debt		(5,000	)		—			(20,000	)		(20,275	)
Dividends paid		(4,552	)		(4,504	)		(18,199	)		(17,975	)
Distributions to noncontrolling interest		—			—			—			(1,078	)
Payment of contingent consideration		—			(1,350	)		—			(15,650	)
Principal payments under finance lease obligation		(38	)		(38	)		(137	)		(148	)