Spanish Broadcasting System Q3 2025 Earnings: Profit Doubles as Puerto Rico TV Sale and Cost Cuts Offset 13% Revenue Drop
Spanish Broadcasting System (SBS) has turned a tough advertising market into a profitable quarter, using expense cuts, a TV asset sale in Puerto Rico and rapid digital growth to more than double its third‑quarter net income year over year—even as revenue fell double digits. Spanish Broadcasting System+1 Industry trades and the company’s own earnings package, released December 3 and followed by coverage this week from Radio Ink, Radio & Television Business Report (RBR+TVBR) and Radio Online, frame the quarter as a story of aggressive cost discipline and a pivot toward streaming and live events rather than a simple revenue decline.
