# Saga Communications Inc: overview

SGA · Nasdaq · CIK 886136 · [Communication](/sectors/communication.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/sga.md) · [Financials](/companies/sga/financials.md) · [Filings](/companies/sga/filings.md) · [Insiders](/companies/sga/insiders.md)

Latest reported revenue: [$26.4m](/filings/0001104659-26-097036.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 14, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, accession 0001104659-26-097036).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [28.7](/filings/0001558370-25-004153.md) | [29.2 d](/filings/0001104659-26-043166.md) | [24.2](/filings/0001104659-26-057921.md) | [28.2](/filings/0001104659-26-097036.md) | [28.2](/filings/0001104659-25-108489.md) | [26.5 d](/filings/0001104659-26-043166.md) | [22.9](/filings/0001104659-26-057921.md) | [26.4](/filings/0001104659-26-097036.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [5.7%](/filings/0001104659-25-108489.md) | [3.4% d](/filings/0001104659-26-043166.md) | [(9.5%)](/filings/0001104659-26-057921.md) | [5.0%](/filings/0001104659-26-097036.md) | [(2.2%)](/filings/0001104659-25-108489.md) | [(36.0%) d](/filings/0001104659-26-043166.md) | [(14.3%)](/filings/0001104659-26-057921.md) | [2.4%](/filings/0001104659-26-097036.md) |
| Net margin | % | [4.4%](/filings/0001104659-25-108489.md) | [4.3% d](/filings/0001104659-26-043166.md) | [(6.5%)](/filings/0001104659-26-097036.md) | [4.0%](/filings/0001104659-26-097036.md) | [(1.9%)](/filings/0001104659-25-108489.md) | [(26.1%) d](/filings/0001104659-26-043166.md) | [(10.5%)](/filings/0001104659-26-097036.md) | [3.6%](/filings/0001104659-26-097036.md) |
| Diluted EPS | $ per share | [0.20](/filings/0001104659-25-108489.md) | not reported | [(0.25)](/filings/0001104659-26-057921.md) | [0.18](/filings/0001104659-26-097036.md) | [(0.08)](/filings/0001104659-25-108489.md) | not reported | [(0.38)](/filings/0001104659-26-057921.md) | [0.15](/filings/0001104659-26-097036.md) |
| Free cash flow | $m | [4.5 d](/filings/0001104659-25-108489.md) | [3.1 d](/filings/0001104659-26-043166.md) | [0.7](/filings/0001104659-26-057921.md) | [(0.6) d](/filings/0001104659-26-097036.md) | [2.8 d](/filings/0001104659-25-108489.md) | [(0.5) d](/filings/0001104659-26-043166.md) | [(0.4)](/filings/0001104659-26-057921.md) | [(2.9) d](/filings/0001104659-26-097036.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [108](/filings/0001558370-24-003419.md) | [115](/filings/0001558370-24-003419.md) | [116](/filings/0001558370-25-004153.md) | [113](/filings/0001104659-26-043166.md) | [107](/filings/0001104659-26-043166.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [13.9%](/filings/0001558370-24-003419.md) | [11.4%](/filings/0001558370-24-003419.md) | [9.9%](/filings/0001558370-25-004153.md) | [2.1%](/filings/0001104659-26-043166.md) | [(10.3%)](/filings/0001104659-26-043166.md) |
| Net margin | % | [10.3%](/filings/0001558370-24-003419.md) | [8.0%](/filings/0001558370-24-003419.md) | [8.2%](/filings/0001558370-25-004153.md) | [3.1%](/filings/0001104659-26-043166.md) | [(7.4%)](/filings/0001104659-26-043166.md) |
| Diluted EPS | $ per share | [1.85](/filings/0001558370-24-003419.md) | [1.52](/filings/0001558370-24-003419.md) | [1.55](/filings/0001558370-25-004153.md) | [0.55](/filings/0001104659-26-043166.md) | [(1.22)](/filings/0001104659-26-043166.md) |
| Free cash flow | $m | [15.1](/filings/0001558370-24-003419.md) | [11.1](/filings/0001558370-24-003419.md) | [11.0](/filings/0001558370-25-004153.md) | [10.0](/filings/0001104659-26-043166.md) | [2.4](/filings/0001104659-26-043166.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/sga/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [TOWERVIEW LLC](/funds/1166573.md) | 2026-06-30 | $10.5m | 1,161,144 |  | Unchanged |
| [GATE CITY CAPITAL MANAGEMENT, LLC](/funds/1705447.md) | 2026-06-30 | $7.8m | 863,845 |  | Unchanged |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $3.0m | 330,263 |  | Reduced −20,392 |
| [Peapod Lane Capital LLC](/funds/2050979.md) | 2026-06-30 | $1.9m | 209,865 |  | Added +3,313 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $1.7m | 188,722 |  | Added +2,515 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.2m | 133,018 |  | Added +3,680 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $960.7k | 105,918 |  | Reduced −526 |
| [BRIDGEWAY CAPITAL MANAGEMENT, LLC](/funds/1107261.md) | 2026-06-30 | $652.7k | 71,961 |  | Added +400 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $586.1k | 64,563 |  | Reduced −7,539 |
| [Mork Capital Management, LLC](/funds/1626494.md) | 2026-06-30 | $453.5k | 50,000 |  | Unchanged |

## Recent filings

[All 1,092 filings](/companies/sga/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-10 | 16:20 ET | [8-K](/filings/0001104659-26-106725.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-106725 |
| 2026-08-14 | 16:00 ET | [10-Q](/filings/0001104659-26-097036.md) | Quarterly report, period 2026-06-30 | 0001104659-26-097036 |
| 2026-08-13 | 09:05 ET | [8-K](/filings/0001104659-26-095527.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-095527 |
| 2026-06-02 | 16:00 ET | [8-K](/filings/0001104659-26-069446.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001104659-26-069446 |
| 2026-05-08 | 16:09 ET | [10-Q](/filings/0001104659-26-057921.md) | Quarterly report, period 2026-03-31 | 0001104659-26-057921 |
| 2026-05-07 | 09:06 ET | [8-K](/filings/0001104659-26-056765.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-056765 |
| 2026-05-07 | 09:05 ET | [8-K](/filings/0001104659-26-056763.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-056763 |
| 2026-04-20 | 16:02 ET | [DEF 14A](/filings/0001140361-26-015641.md) | Proxy statement, period 2026-06-01 | 0001140361-26-015641 |
| 2026-04-15 | 16:00 ET | [8-K](/filings/0001104659-26-043774.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001104659-26-043774 |
| 2026-04-14 | 16:00 ET | [10-K](/filings/0001104659-26-043166.md) | Annual report, period 2025-12-31 | 0001104659-26-043166 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-043166.md), filed Apr 14, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/69a2b4f7-8768-4f1e-9724-45e29bfe4137)

## About the filer

- CIK: 886136
- Tickers: SGA
- Exchange: Nasdaq
- SIC code: 4832 Radio Broadcasting Stations
- State of incorporation: FL
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:27 ET. No prices; not investment advice.
