Stingray Group boosted revenue 21% in Q2 2026, acquired TuneIn for $175M, and doubled net income.

Stingray Group reported strong Q2 2026 results with 21% revenue growth to $113.3 million, driven by organic growth and a 55% surge in advertising revenue. Adjusted EBITDA rose 16.3% to $39.5 million, and net income more than doubled. The company strengthened its balance sheet, completed a $150 million term loan, and acquired TuneIn Holdings for up to $175 million, pending approvals, to boost its audio streaming and ad tech capabilities. The deal, expected by year-end, combines Stingray’s content with TuneIn’s 75 million monthly listeners and in-car integrations, aiming to create a major digital audio player with over $400 million in projected pro forma revenue.