iHeartMedia Earnings Reports

iHeartMedia delivered a solid performance in Q2 2025, with consolidated revenue increasing by 0.5% year-over-year to $933.653 million, slightly exceeding guidance. Adjusted EBITDA reached $156.127 million, up 4% from the prior year and at the high end of the company's guidance range. The Digital Audio Group showed strong growth with a 13.4% revenue increase, driven by podcasting, while the Multiplatform Group experienced a 5.4% revenue decrease due to a decline in broadcast advertising.

iHeartMedia posted $807.1 million in revenue and maintained flat adjusted EBITDA of $104.6 million for Q1 2025, driven by strong performance in digital and podcasting, while the company recorded a net loss of $281.2 million.

iHeartMedia, Inc. reported a strong fourth quarter in 2024 with consolidated revenue up 4.8% and consolidated Adjusted EBITDA increasing by 18.2%. The company also successfully completed a debt exchange transaction, reducing net debt to its lowest historical level and extending maturities.

iHeartMedia, Inc. reported Q3 2024 consolidated revenue of $1,008 million, up 5.8%, and consolidated Adjusted EBITDA of $205 million. The company announced debt exchange transactions and cost efficiency actions expected to generate $150 million of annual cost savings in 2025.

iHeartMedia, Inc. reported Q2 2024 financial results with a revenue increase of 1.0% to $929 million, marking the first year-over-year increase since Q4 2022. The Digital Audio Group saw a 10% revenue increase, driven by podcast and digital advertising demand. Consolidated Adjusted EBITDA was $150 million, within the guided range.

iHeartMedia reported a Q4 revenue of $1,067 million, a 5.2% decrease compared to the previous year. Excluding political revenue, the revenue was flat. The Digital Audio Group saw a 6% increase in revenue, while the Multiplatform Group experienced a 7% decrease. The company's consolidated Adjusted EBITDA was $208 million.

iHeartMedia, Inc. reported Q3 2023 consolidated revenue of $953 million, a decrease of 3.6% year-over-year. Excluding political revenue, revenue decreased by 1%. The company's GAAP Operating income was $69 million, compared to an operating loss of $211 million in Q3 2022. Adjusted EBITDA was $204 million, compared to $252 million in Q3 2022. The Digital Audio Group saw revenue increase by 5%, while the Multiplatform Group's revenue decreased by 5%.

iHeartMedia, Inc. reported a decrease in consolidated revenue by 3.6% to $920 million for Q2 2023, slightly better than guidance. The GAAP operating loss was $897 million, including $961 million of non-cash intangible impairment charges. Consolidated Adjusted EBITDA was $191 million, within the guidance range.

iHeartMedia reported Q1 2023 results with revenue of $811 million, a decrease of 3.8%. The company's GAAP operating loss was $49 million, while consolidated adjusted EBITDA was $93 million. Digital Audio Group revenue increased by 4% to $223 million, and Multiplatform Group revenue decreased by 7% to $529 million.

iHeartMedia, Inc. reported a strong fourth quarter and full year for 2022. Q4 revenue increased by 6% to $1,126 million, and Adjusted EBITDA increased by 7% to $316 million. The company's digital audio group continued its strong growth, while the multiplatform group demonstrated resilience. For the full year, revenue was up 10% to $3,912 million, and Adjusted EBITDA increased to $950 million.

iHeartMedia, Inc. reported Q3 2022 financial results with revenue up 7% year-over-year to $989 million and Consolidated Adjusted EBITDA increased 10% year-over-year to $252 million. The company's Digital Audio Group continued strong growth, while the Multiplatform Group demonstrated resilience.

iHeartMedia reported strong Q2 2022 results, with revenue up 11% year-over-year to $954 million and GAAP operating income increasing to $83 million from $28 million in Q2 2021. The company's Digital Audio Group continued its strong growth trajectory, while the Multiplatform Group maintained its momentum. iHeartMedia remains focused on free cash flow generation, adjusted EBITDA margin expansion, and reducing net leverage.

iHeartMedia reported a strong first quarter with revenue up 19.4% year-over-year, slightly exceeding the high end of guidance. Adjusted EBITDA increased by 42% year-over-year. The company remains focused on Adjusted EBITDA margin expansion, Free Cash Flow generation, and reducing net leverage.

iHeartMedia, Inc. reported a strong Q4 2021 with revenue up 14% year-over-year to $1,062 million and GAAP Operating income of $123 million, a 9% increase compared to Q4 2020. The company's digital audio group saw significant growth, with revenue up 59% year-over-year. iHeartMedia is focused on reducing net leverage to approximately 4x.

iHeartMedia, Inc. reported strong Q3 2021 results with a 25% increase in revenue compared to Q3 2020, exceeding prior guidance. The company's digital audio group and multiplatform group both experienced significant growth. The company generated $45.5 million in free cash flow and made proactive capital structure improvements.

iHeartMedia, Inc. reported a significant increase in revenue and operating income for Q2 2021, driven by the recovery of the Multiplatform Group and the continued growth of the Digital Audio Group. Total revenue increased by 77% year-over-year, with GAAP operating income reaching $28 million compared to an operating loss in the previous year. The company also highlighted the expansion of adjusted EBITDA margins and reaffirmed its expectation to return to 2019 adjusted EBITDA levels by the end of 2021.

iHeartMedia, Inc. reported Q1 2021 financial results, showing revenue of $707 million, a 9.5% decrease year-over-year, but outperforming company guidance. Excluding political impacts, revenue was down 7%. The company's digital audio group saw significant growth, with revenues up 70% year-over-year. The company is confident it will be back to 2019 Adjusted EBITDA levels by the end of 2021.

iHeartMedia, Inc. reported a 9% YoY decrease in Q4 revenue to $936 million, but showed strong digital growth of 53% YoY, including a 100% increase in podcast revenue. The company's GAAP operating income was $113 million, and adjusted EBITDA was $265 million. iHeartMedia generated cash flows from operating activities of $80 million and free cash flow of $53 million in Q4.

iHeartMedia, Inc. reported a 22% YoY decrease in revenue to $744 million for Q3 2020, but a 53% sequential increase QoQ. Digital revenue increased 17% YoY, driven by a 74% increase in podcasting revenue. The company achieved GAAP operating income of $39 million and adjusted EBITDA of $162 million. The company is on track to deliver $250M of cost savings in 2020.

iHeartMedia Inc. reported a 47% decrease in total company revenue for Q2 2020 compared to the prior-year period, primarily due to the economic downturn resulting from the COVID-19 pandemic. Despite the challenges, the company retained its strong consumer relationship and implemented cost-saving measures to minimize the negative impact on free cash flow.

iHeartMedia reported a revenue decrease of 1.9% year-over-year to $780.6 million, impacted by the COVID-19 pandemic, particularly in March. Digital revenue increased by 22.2%, driven by an 80% increase in podcasting revenue. The company reported an operating loss of $1,730.8 million, primarily due to non-cash impairment charges, and an adjusted EBITDA of $140.3 million, down 10.6% year-over-year. iHeartMedia is implementing cost-saving measures and maintains a strong liquidity position with a cash balance of $646.8 million.

iHeartMedia, Inc. reported flat revenue for Q4 2019 at $1,026.1 million. Excluding political revenue, revenue increased by 4.3%. The company's digital revenue saw a significant increase of 33.6%.