Here are the 10-K annual reports from Townsquare Media, Inc. (TSQ) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow TSQ 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 TSQ filings page.
Townsquare Media, Inc. describes itself as a community-focused, digital-first local media and marketing company operating mainly outside the top 50 U.S. markets. It runs three segments: Digital Advertising (Townsquare Ignite), Subscription Digital Marketing Solutions (Townsquare Interactive), and Broadcast Advertising, plus a smaller live events portfolio.
Digital revenue from Ignite and Interactive was $236.0 million in 2025, or 55% of net revenue, while Broadcast Advertising generated $183.4 million and Other (primarily live events) $8.0 million. The company owns 340 radio stations in 74 markets and more than 400 local websites and apps, supported by substantial first-party data and proprietary ad-tech.
Townsquare highlights a "Digital First" growth strategy, ongoing investment in technology, sales and content, and a large SMB-focused subscription TAM. It notes $433.0 million of debt outstanding as of December 31, 2025, capital expenditures of $15.2 million (3.6% of net revenue), and a workforce of 1,804 employees, while outlining extensive regulatory, macroeconomic, technology and AI-related risks.