Highest-revenue radio stations in the U.S. 2023

Washington D.C.-based WTOP-FM was the leading radio station in the United States in 2023, with estimated revenues of 66.3 million U.S. dollars. WTOP has remained at the top of the list for five consecutive years and brings in over 20 million dollars more than its nearest competitor: KIIS-FM. Six of the stations that make up the ranking are based in either New York or Los Angeles, which are the biggest radio markets in the United States. 

 Radio stations

As of 2018, the U.S. was home to over 15 thousand commercial radio stations. These stations broadcast music, news, and live coverage of sports to audiences around the country. Despite competition from television, internet, and various streaming services, radio continues to reach over 90 percent of all adults in the U.S. on a weekly basis. Country music ranked as the largest radio format in terms of the number of total stations that operate within the genre, while the news/talk category ranks second. Radio offers companies the ability to advertise to a local or regional audience, which makes the platform well suited for small to medium sized retail brands and businesses. As a whole, the U.S. radio industry consistently generates well over 15 billion dollars in annual advertising revenue.