Scripps reports $490 million revenue, $1.2 billion second quarter loss after impairment charge

The E.W. Scripps Company (NASDAQ: SSP) reported $490 million in revenue for the second quarter of 2026 and a loss attributable to shareholders of $1.2 billion, or $12.68 per share, the company said Friday.

The steep loss reflected a noncash goodwill and other intangible assets impairment charge that accounted for $11.61 of the per-share loss. Scripps Networks recorded a $1.1 billion impairment in the quarter tied to continued weakness in the national advertising market, ratings pressure and broader economic uncertainty, the company said.

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