IHRT · Iheartmedia, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $884.20M | - | $997.01M | $933.65M | $807.10M | - | $1.01B | $929.09M | $799.04M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $426.19M | - | $414.42M | $413.08M | $380.79M | - | $418.83M | $431.61M | $385.14M | - |
| Total Operating Expenses | - | - | - | - | - | - | $803.55M | $778.88M | $694.42M | - |
| D&A | $81.38M | - | $90.06M | $90.37M | $91.90M | - | $101.33M | $104.36M | $105.16M | - |
| Operating Income | $1.49M | - | ($116.28M) | $35.37M | ($25.43M) | - | $76.72M | ($909.67M) | ($34.71M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $289.0K | - | ($165.61M) | $18.25M | $135.36M | - | $20.84M | ($23.96M) | ($20.66M) | - |
| Net Income | ($95.22M) | - | ($66.26M) | ($83.48M) | ($281.22M) | - | ($41.27M) | ($981.66M) | ($18.51M) | - |
| EPS - Basic | ($0.61) | - | ($0.43) | ($0.54) | ($1.84) | - | ($0.27) | ($6.50) | ($0.12) | - |
| EPS - Diluted | ($0.61) | - | ($0.43) | ($0.54) | ($1.84) | - | ($0.27) | ($6.50) | ($0.12) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $135.05M | $270.92M | $192.24M | $235.93M | $167.71M | $259.58M | $431.76M | $364.74M | $361.40M | $346.38M |
| Accounts Receivable | $853.56M | $959.45M | $845.83M | $879.06M | $817.53M | $993.33M | $894.47M | $898.50M | $878.35M | $1.04B |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $279.89M | $271.43M | $218.52M | $217.11M | $209.97M | $253.26M | $235.76M | $222.12M | $215.41M | $236.16M |
| Current Assets | $1.29B | $1.46B | $1.35B | $1.35B | $1.16B | $1.36B | $1.51B | $1.42B | $1.41B | $1.51B |
| Total Assets | $4.89B | $5.13B | $5.09B | $5.38B | $5.27B | $5.57B | $5.78B | $5.77B | $6.76B | $6.95B |
| Current Liabilities | $864.27M | $967.42M | $852.29M | $899.08M | $729.83M | $870.28M | $780.33M | $739.01M | $702.06M | $848.44M |
| Long-term Debt | $4.96B | $4.98B | $5.05B | $5.06B | $5.03B | $5.05B | $5.22B | $5.22B | $5.22B | $5.21B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | ($1.92B) | ($1.83B) | ($1.79B) | ($1.73B) | ($1.65B) | ($1.37B) | ($1.41B) | ($1.37B) | ($398.57M) | ($384.76M) |
| Retained Earnings | ($4.91B) | ($4.81B) | ($4.77B) | ($4.70B) | ($4.62B) | ($4.34B) | ($4.37B) | ($4.33B) | ($3.35B) | ($3.33B) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($92.54M) | - | - | - | ($60.94M) | - | - | - | ($59.28M) | - |
| Investing Cash Flow | ($23.52M) | - | - | - | ($20.07M) | - | - | - | $78.02M | - |
| Financing Cash Flow | ($19.60M) | - | - | - | ($11.04M) | - | - | - | ($3.55M) | - |
| CapEx | $21.91M | - | - | - | $19.73M | - | - | - | $21.58M | - |
| Free Cash Flow | ($114.45M) | - | - | - | ($80.67M) | - | - | - | ($80.86M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 0.2% | - | -11.7% | 3.8% | -3.2% | - | 7.6% | -97.9% | -4.3% | - |
| EBITDA margin | 9.4% | - | -2.6% | 13.5% | 8.2% | - | 17.7% | -86.7% | 8.8% | - |
| Net margin | -10.8% | - | -6.6% | -8.9% | -34.8% | - | -4.1% | -105.7% | -2.3% | - |
| Free cash flow margin | -12.9% | - | - | - | -10.0% | - | - | - | -10.1% | - |
| FCF / Net income | 1.20 | - | - | - | 0.29 | - | - | - | 4.37 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 48.2% | - | 41.6% | 44.2% | 47.2% | - | 41.5% | 46.5% | 48.2% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -1.9% | - | -1.3% | -1.6% | -5.3% | - | -0.7% | -17.0% | -0.3% | - |
| Return on equity | 5.0% | - | 3.7% | 4.8% | 17.1% | - | 2.9% | 71.4% | 4.6% | - |
| Return on invested capital | 0.0% | - | -2.8% | 0.8% | -0.6% | - | 1.6% | -18.7% | -0.6% | - |
| Liquidity | ||||||||||
| Current ratio | 1.49 | 1.51 | 1.59 | 1.50 | 1.59 | 1.56 | 1.93 | 1.92 | 2.01 | 1.78 |
| Quick ratio | 1.49 | 1.51 | 1.59 | 1.50 | 1.59 | 1.56 | 1.93 | 1.92 | 2.01 | 1.78 |
| Cash ratio | 0.16 | 0.28 | 0.23 | 0.26 | 0.23 | 0.30 | 0.55 | 0.49 | 0.51 | 0.41 |
| Leverage | ||||||||||
| Debt / Equity | -2.58 | -2.73 | -2.82 | -2.93 | -3.06 | -3.68 | -3.70 | -3.80 | -13.09 | -13.55 |
| Debt / Assets | 1.02 | 0.97 | 0.99 | 0.94 | 0.96 | 0.91 | 0.90 | 0.90 | 0.77 | 0.75 |
| Debt / EBITDA | 59.89 | - | - | 40.27 | 75.71 | - | 29.32 | - | 74.04 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -2.54 | -2.81 | -2.84 | -3.12 | -3.20 | -4.06 | -4.10 | -4.20 | -16.96 | -18.07 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.18 | - | 0.20 | 0.17 | 0.15 | - | 0.17 | 0.16 | 0.12 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 352d | - | 310d | 344d | 370d | - | 324d | 353d | 401d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 0.5x | - | 0.4x | 0.3x | 0.3x | - | 0.3x | 0.2x | 0.4x | - |
| EV / EBITDA | 63.7x | - | - | 40.6x | 77.0x | - | 28.5x | - | 73.4x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 9.6% | - | -1.1% | 0.5% | 1.0% | - | 5.8% | 1.0% | -1.5% | - |
| Revenue CAGR (3y) | 2.9% | - | 0.3% | -0.7% | -1.5% | - | 2.8% | 2.5% | 4.2% | - |
| Revenue CAGR (5y) | 4.6% | - | 6.0% | 13.9% | 0.7% | - | 1.2% | - | -10.4% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | 26.7% | - | 11.2% | -1.4% | 29.0% | - |
| Net income growth (YoY) | 66.1% | - | -60.6% | 91.5% | -1419.5% | - | -355.8% | -11.0% | 91.7% | - |
| EPS growth (YoY) | 66.8% | - | -59.3% | 91.7% | -1433.3% | - | -350.0% | -9.6% | 92.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -41.9% | - | - | - | 0.2% | - | - | - | 39.3% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -16.8% | -33.2% | -26.9% | -25.6% | -313.0% | -256.5% | -246.4% | -240.7% | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$3.88B totalMultiplatform Group Segment$2.27B · 58.7%
Digital Audio Group Segment$1.33B · 34.3%
Audio And Media Services Group Segment$272.55M · 7.0%
Peer comparison
Same SIC group: Radio Broadcasting Stations
Comparing iHeartMedia against the 5 most active filers in the same SIC group.