Every 10-Q that Beasley Broadcasting Group Inc (BBGI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BBGI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BBGI filings page.
Beasley Broadcast Group reported weaker operating trends but a transformed balance sheet for the quarter and six months ended June 30, 2026. Net revenue fell to $44.1 million in the quarter from $53.0 million a year earlier and to $86.7 million for the first half from $101.9 million, with declines in both audio and digital revenue and the sale of the Fort Myers, FL stations weighing on results.
Despite softer revenue, the company posted a large profit driven by capital-structure changes. Second‑quarter net income was $84.3 million versus a small loss, and first‑half net income was $87.5 million versus a loss of $2.8 million, primarily from a $91.8 million gain on a troubled debt restructuring and $12.5 million of gains on asset sales$144.8 million, and stockholders’ equity swung from a deficit of $49.3 million to positive $38.8 million.
Liquidity remains tight. Cash declined to $6.7 million, and operating activities used $15.2 million of cash in the first half. The company completed a major exchange of second‑lien notes into $98.5 million of 10.0% PIK notes due 2027, entered into a $35.0 million asset‑based revolver with $15.0 million outstanding and $20.0 million available, and began a modest at‑the‑market equity program. Management disclosed conditions that raise substantial doubt about the ability to continue as a going concern through August 31, 2027, but believes its cost cuts, asset sales, financing actions and revenue initiatives are sufficient to fund operations and meet covenants for at least 12 months.
Beasley Broadcast Group’s Q1 2026 results show weaker revenue but a temporary earnings boost from asset sales and a major debt recapitalization. Net revenue fell 12.9% to $42.6 million, as Audio segment revenue dropped 16.4% to $31.9 million, while Digital revenue was essentially flat at $10.7 million.
Despite the top-line decline, a $12.5 million gain on dispositions, mainly from selling Fort Myers, FL radio assets and New Jersey land, turned a prior-year net loss of $2.7 million into Q1 2026 net income of $3.2 million, or $1.77 diluted earnings per share. Operating cash flow remained negative at $3.5 million used in operating activities.
The company restructured its balance sheet by exchanging about $184.06 million of existing second lien notes for $98.48 million of 10.0% 2027 PIK Notes and repurching $15.9 million of first lien notes, and entered a $35 million asset-based revolving credit facility, drawing $15 million at closing. Management cites elimination of roughly $17 million of annual cash interest and new ABL capacity as key to a liquidity forecast that projects sufficient liquidity through May 31, 2027, alleviating substantial doubt about its ability to continue as a going concern. However, if not largely repaid, the 2027 PIK Notes can convert into up to 95% of the fully diluted equity.
Beasley Broadcast Group (BBGI) reported lower results for Q3 2025. Net revenue fell to $50,977,046 (down 12.4%) as Audio declined to $38,030,320 (down 18.9%) while Digital grew to $12,946,726 (up 14.6%). Operating loss was $536,676. Net loss was $3,556,703, roughly flat year over year, aided by lower interest expense of $3,279,031 (down 46.2%).
Year to date, revenue was $152,889,222 (down 11.6%) with a net loss of $6,400,699. The company recorded $1.5M of other operating expenses tied to the ASCAP settlement accrual for 2022–2024. BBGI completed the sale of WPBB‑FM in Tampa for $8.0M, recording a $0.4M gain, and signed agreements to sell two Fort Myers station groups for $9.0M each; after closing, it will exit the Fort Myers‑Naples market. Cash was $14,336,639; total debt carrying amount was $239,966,194 including first‑ and second‑lien notes due 2028, with fair value of notes at $104.8M. Class A shares outstanding were 970,857 and Class B 833,137 as of November 3, 2025.
Beasley Broadcast Group, Inc. reported weaker top-line results for the quarter and first half of 2025 as audio advertising softened. Consolidated net revenue was $52.99 million for the three months ended June 30, 2025, down 12.3% from the prior-year quarter, with Audio revenue falling to $39.82 million and Digital remaining near prior-year levels at $13.18 million. For the six months, revenue declined 11.2% to $101.91 million. Operating expenses were reduced, and interest expense declined materially versus prior periods, driven by amortization related to the October 2024 debt restructuring.
The company reported a six-month net loss of $2.84 million versus a six-month loss of $0.27 million a year earlier, and a quarter net loss of $0.15 million. Long-term debt carrying value was $239.06 million at June 30, 2025, and the company completed partial repurchases of prior notes, recording a $0.5 million gain. Management expects to receive aggregate proceeds of approximately $26.0 million from planned station asset sales in the second half of 2025 subject to FCC approval, and adopted a new equity incentive plan authorizing up to 300,000 Class A shares.