Saga Communications, Inc. (SGA) Income Statement
SGA 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSGA revenue and net income
Where SGA's revenue goes
2025Each bar shows an amount and its share of revenue. SGA kept −7.4% of revenue as net income.
SGA profit margins
SGA growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −5.1% | −2.3% | +2.3% | −2.1% |
| Gross profit | −36.6% | −28.1% | −6.5% | −11.8% |
| Operating income | −192.1% | — | — | — |
| Net income | −328.3% | — | — | — |
| EPS (diluted) | −321.8% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SGA quarterly EPS vs estimates
Saga Communications beat the analyst EPS estimate in 4 of the last 7 quarters. Next report: November 12, 2026.
SGA income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $107.1M | $112.9M | $112.8M | $114.9M | $108.3M | $95.8M | $123.1M | $124.8M | $118.1M | $142.6M |
| Cost of revenue | $97.0M | $96.9M | $90.2M | $87.5M | $83.2M | $81.6M | $92.7M | $93.7M | $87.8M | $101.5M |
| Gross profit | $10.2M | $16.0M | $22.6M | $27.4M | $25.1M | $14.2M | $30.4M | $31.1M | $30.4M | $41.0M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $12.3M | $12.6M | $11.0M | $14.3M | $10.0M | $11.6M | $11.5M | $11.4M | $11.7M | $11.0M |
| Total operating expenses | $12.3M | $13.7M | $11.1M | $14.3M | $10.0M | $15.5M | $11.6M | $11.4M | $11.7M | $9.6M |
| Operating income | −$2.2M | $2.4M | $11.5M | $13.1M | $15.1M | −$1.2M | $18.8M | $19.7M | $17.2M | $31.5M |
| Interest income | $904,000 | $1.0M | $1.2M | $410,000 | $16,000 | $148,000 | $610,000 | $631,000 | $903,000 | $744,000 |
| Interest expense | $434,000 | $348,000 | $173,000 | $130,000 | $284,000 | $340,000 | $735,000 | $946,000 | $903,000 | $776,000 |
| Income before taxes | −$10.5M | $4.6M | $12.9M | $14.0M | $15.4M | −$1.2M | $18.7M | $19.4M | $16.3M | $30.7M |
| Income taxes | −$2.6M | $1.1M | $3.4M | $4.8M | $4.3M | $705,000 | $5.4M | $5.7M | −$5.9M | $12.5M |
| Net income | −$7.9M | $3.5M | $9.5M | $9.2M | $11.2M | −$1.9M | $13.3M | $13.7M | $54.7M | $18.2M |
| EBITDA | −$4.9M | $10.2M | $18.1M | $19.3M | $21.4M | $5.7M | $26.4M | $26.5M | $23.5M | $39.4M |
| EPS (diluted) | −$1.22 | $0.55 | $1.43 | $1.52 | $1.85 | −$0.33 | $2.23 | $2.30 | $2.01 | $0.52 |
| Gross margin | 9.5% | 14.2% | 20.0% | 23.8% | 23.2% | 14.8% | 24.7% | 24.9% | 25.7% | 28.8% |
| Operating margin | −2.0% | 2.1% | 10.2% | 11.4% | 13.9% | −1.3% | 15.3% | 15.8% | 14.6% | 22.1% |
| Net margin | −7.4% | 3.1% | 8.4% | 8.0% | 10.3% | −2.0% | 10.8% | 11.0% | 46.3% | 12.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.4M | $22.9M | $26.5M | $28.2M | $28.2M | $24.2M | $31.4M | $28.1M | $28.7M | $25.3M | $29.1M | $29.1M |
| Cost of revenue | $2.3M | $23.2M | $25.5M | $26.0M | $23.5M | $22.0M | $26.9M | $23.5M | $23.5M | $22.5M | $23.3M | $22.8M |
| Gross profit | $24.1M | −$319,000 | $983,000 | $2.2M | $4.7M | $2.2M | $4.5M | $4.7M | $5.2M | $2.8M | $5.8M | $6.4M |
| Sales, general & admin | $2.7M | $3.0M | $3.3M | $2.8M | $3.1M | $3.2M | $3.5M | $3.0M | $3.0M | $3.1M | $3.0M | $2.9M |
| Total operating expenses | $23.4M | $3.0M | $1.6M | $2.8M | $3.3M | $4.5M | $3.5M | $3.0M | $3.1M | $5.3M | $3.0M | $2.9M |
| Operating income | $623,000 | −$3.3M | −$645,000 | −$635,000 | $1.4M | −$2.3M | $984,000 | $1.6M | $2.1M | −$2.4M | $2.8M | $3.5M |
| Interest income | $578,000 | $234,000 | $256,000 | $216,000 | $210,000 | $222,000 | $238,000 | $255,000 | $251,000 | $303,000 | $414,000 | $391,000 |
| Interest expense | $92,000 | $91,000 | $112,000 | $108,000 | $107,000 | $107,000 | $113,000 | $121,000 | $71,000 | $43,000 | $43,000 | $44,000 |
| Income before taxes | $1.1M | −$3.1M | −$9.4M | −$437,000 | $1.5M | −$2.2M | $1.4M | $1.9M | $3.5M | −$2.2M | $3.2M | $3.8M |
| Income taxes | $150,000 | −$670,000 | −$2.5M | $95,000 | $385,000 | −$585,000 | $145,000 | $590,000 | $955,000 | −$580,000 | $665,000 | $1.1M |
| Net income | $960,000 | −$2.4M | −$6.9M | −$532,000 | $1.1M | −$1.6M | $1.3M | $1.3M | $2.5M | −$1.6M | $2.5M | $2.7M |
| EBITDA | $2.4M | −$1.8M | −$129,000 | $978,000 | $2.9M | −$727,000 | $3.0M | $3.4M | $3.4M | −$916,000 | $4.5M | $5.1M |
| EPS (diluted) | $0.15 | −$0.38 | −$1.07 | −$0.08 | $0.18 | −$0.25 | $0.20 | $0.20 | $0.40 | −$0.25 | $0.37 | $0.40 |
| Gross margin | 91.1% | −1.4% | 3.7% | 7.8% | 16.8% | 9.3% | 14.2% | 16.6% | 18.1% | 11.2% | 20.0% | 21.9% |
| Operating margin | 2.4% | −14.4% | −2.4% | −2.3% | 5.0% | −9.5% | 3.1% | 5.9% | 7.5% | −9.6% | 9.6% | 12.0% |
| Net margin | 3.6% | −10.5% | −26.1% | −1.9% | 4.0% | −6.5% | 4.0% | 4.5% | 8.7% | −6.2% | 8.6% | 9.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SGA's financial statements (latest annual report filed April 14, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SGA financial results
In fiscal year 2025 (ended December 31, 2025), Saga Communications reported revenue of $107.1 million, down 5.1% from the year before. It had a net loss of $7.9 million, a net profit margin of −7.4%. Diluted earnings per share came to −$1.22. Over five years revenue grew at an average rate of 2.3% a year.
See the SGA stock overview for the latest quote and news, or the SGA chart for price history and technical indicators.
SGA income statement FAQ
What is Saga Communications's annual revenue?
Saga Communications reported total revenue of $107.1 million for fiscal year 2025, which ended on December 31, 2025. That was down 5.1% from $112.9 million the previous year.
Is Saga Communications profitable?
No. Saga Communications reported a net loss of $7.9 million in fiscal 2025, a net profit margin of −7.4%; its operating margin was −2.0%.
What is Saga Communications's gross margin?
Saga Communications's gross margin was 9.5% in fiscal 2025: for every $100 of revenue, Saga Communications kept $9 after the direct cost of its products and services.
How fast is Saga Communications growing?
Revenue grew 2.3% a year on average over the last five fiscal years, from $95.8 million to $107.1 million.
What are Saga Communications's earnings per share?
Saga Communications earned $-1.22 per diluted share in fiscal 2025, compared with $0.55 a year earlier.
When will Saga Communications report its next earnings?
Saga Communications is expected to report results for the quarter ending September 30, 2026 on November 12, 2026 before the market opens.
When does Saga Communications's fiscal year end?
Saga Communications's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 14, 2026.