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Passengers pass through a security checkpoint beneath Clear Channel digital signage (Image: Clear Channel)
Passengers pass through a security checkpoint beneath Clear Channel digital signage (Image: Clear Channel)

OoH: Clear Channel Outdoor Q1 Revenue Up 12%

Clear Channel Outdoor reported stronger first-quarter revenue, with airports and digital inventory driving growth as shareholders prepare to vote on its planned take-private deal.

Clear Channel Outdoor reported first-quarter 2026 revenue of $373.9 million (all figures US$), up 11.9% from $334.2 million a year earlier, with growth across both its Americas and airport businesses.

The U.S.-based OoH media company said its Americas revenue rose 9.6% to $278.5 million, supported by higher print and digital billboard revenue, stronger advertiser demand and new inventory. Digital revenue in the segment increased 10.7% to $99.3 million.

San Francisco as Standout Performer

The airports business posted the strongest growth, with revenue up 19.1% to $95.2 million. Clear Channel cited strong performance at San Francisco International Airport, helped by Super Bowl LX activity, technology advertisers, and increased conference-related demand. Airport digital revenue rose 20% to $59.1 million.

Adjusted EBITDA increased 31% to $103.8 million, while the company reported a net loss of $48 million. Clear Channel said it operated more than 64,400 print and digital OoH displays as of March 31, including 5,109 digital displays.

Takeover Coming Closer

The results come as Clear Channel moves toward its planned acquisition by a consortium led by Mubadala Capital, in partnership with TWG Global. The deal, reported by invidis recently, values common shares at $2.43 each in cash and is expected to close by the end of the third quarter, subject to approvals. A special shareholder meeting is scheduled for May 12.