Earnings summaries and quarterly performance for iHeartMedia.
Executive leadership at iHeartMedia.
Robert W. Pittman
Detailed
Chief Executive Officer
CEO
DH
David Hillman
Detailed
Executive Vice President, Chief Legal Officer and Secretary
MB
Michael B. McGuinness
Detailed
Executive Vice President, Deputy Chief Financial Officer and Head of Investor Relations
RJ
Richard J. Bressler
Detailed
President, Chief Operating Officer and Chief Financial Officer
Board of directors at iHeartMedia.
Research analysts who have asked questions during iHeartMedia earnings calls.
Patrick Sholl
Barrington Research
3 questions for IHRT
Also covers: CCO, CMLS, CNK +14 more
Stephen Laszczyk
Goldman Sachs
3 questions for IHRT
Also covers: CNK, FNKO, FWONK +9 more
AW
Aaron Watts
Deutsche Bank
1 question for IHRT
Also covers: CCO, CMLS, GTN +3 more
David Hamburger
Morgan Stanley
1 question for IHRT
Also covers: GTN, SBGI
JG
James Goss
Barrington Research
1 question for IHRT
Also covers: AMC, CNK, NXST +2 more
Jessica Reif Cohen
Bank of America Merrill Lynch
1 question for IHRT
Also covers: ATUS, CMCSA, FOXA +4 more
Ken Silver
Stifel
1 question for IHRT
Also covers: UONE
SP
Sebastiano Petti
JPMorgan Chase & Co.
1 question for IHRT
Also covers: ATUS, BCE, CABO +14 more
Recent press releases and 8-K filings for IHRT.
iHeartMedia to Launch Full-Length Video Podcasts on iHeartRadio
IHRT
Product Launch
New Projects/Investments
- iHeartMedia announced it will add full-length video podcast distribution to the iHeartRadio app and website in early 2026, allowing creators to upload video episodes via standard RSS feeds.
- This initiative is part of its "Creators First" strategy, emphasizing that podcasters will retain creative ownership, control over monetization with no revenue share required, and the freedom to host video wherever they choose.
- The company disclosed an approximate market valuation of $727 million, a stock surge of about 134% over the past year, nearly $3.9 billion in revenue over the last 12 months, roughly $5.9 billion in debt, and negative free cash flow.
11 hours ago
iHeartMedia Discusses Revenue, Growth Drivers, Cost Optimization, and Deleveraging at Year-End Conference
IHRT
Revenue Acceleration/Inflection
New Projects/Investments
Guidance Update
- iHeartMedia generates approximately $4 billion in annual advertising revenue, with the multi-platform group (broadcast radio, network business) contributing $2.7-$2.8 billion and the digital audio group (podcasting, streaming, websites, social extensions) contributing $1.2-$1.3 billion.
- The company is the largest podcast publisher, projecting $550 million in podcasting revenue for 2025, a significant increase from $50 million in 2019, with an expected 22% growth in 2025. The U.S. podcasting advertising market is anticipated to grow from $2-$2.25 billion in 2025 to $4-$5 billion in the coming years.
- iHeartMedia is implementing substantial cost optimization initiatives, including a $150 million cost reduction program for 2025 and an additional $50 million for 2026, primarily impacting the multi-platform group but also the digital audio group.
- The company aims to return its multi-platform group to low single-digit positive revenue growth and is focused on a digital transformation to enable programmatic buying and selling of broadcast inventory, with partnerships such as Amazon's DSP integration in 2026.
- iHeartMedia is committed to deleveraging, with a public goal of reaching 3-3.5x leverage EBITDA from its current approximate 5.5-6 times.
Dec 10, 2025, 3:45 PM
iHeartMedia Outlines Strategy for Revenue Growth and Cost Reduction
IHRT
Revenue Acceleration/Inflection
New Projects/Investments
Guidance Update
- iHeartMedia generates approximately $4 billion in annual advertising revenue, with about $2.7-$2.8 billion from its multi-platform group and $1.2-$1.3 billion from its digital audio group.
- The company is implementing programmatic advertising for its broadcast radio inventory, aiming to make it easier for advertisers to buy and expecting this to drive the multi-platform group back to low single-digit revenue growth.
- Podcasting is a significant growth driver, with projected revenue of approximately $550 million in 2025, representing about 22% growth for the year, up from $50 million in 2019.
- iHeartMedia has implemented cost reduction programs, including a $150 million net reduction for 2025 and an additional $50 million for 2026, and aims to reduce its leverage to 3-3.5x leverage EBITDA from the current 5.5-6 times.
Dec 10, 2025, 3:45 PM
iHeartMedia Discusses Revenue, Digital Growth, Cost Optimization, and Deleveraging at Year-End Conference
IHRT
Revenue Acceleration/Inflection
New Projects/Investments
Guidance Update
- iHeartMedia reported approximately $4 billion in annual advertising revenue, split between its Multi-platform Group ($2.7 billion - $2.8 billion) and Digital Audio Group ($1.2 billion - $1.3 billion).
- The company anticipates its podcasting business revenue to reach $550 million in 2025, representing approximately 22% growth for the year, and expects the Multi-platform Group to return to low single-digit growth.
- iHeartMedia is executing significant cost optimization, with a $150 million net cost reduction for 2025 and an additional $50 million program for 2026.
- The company aims to reduce its leverage to 3-3.5x EBITDA from its current approximate 5.5-6x.
- iHeartMedia is advancing its digital transformation by integrating broadcast inventory into programmatic buying systems, with Amazon committing to include it in the Amazon DSP by 2026.
Dec 10, 2025, 3:45 PM
iHeartMedia appoints Michael McGuinness as Chief Financial Officer and updates compensation
IHRT
CFO Change
Executive Compensation
Management Change
- iHeartMedia, Inc. entered into a Third Amendment to the Employment Agreement with Michael McGuinness on November 25, 2025.
- Effective January 1, 2026, Mr. McGuinness will assume the role of Chief Financial Officer, reporting to the President & Chief Operating Officer, and his employment term is extended through June 30, 2030.
- Also effective January 1, 2026, his annual salary will increase to $1.2 million, his annual bonus target to 150% of his base salary, and his annual long-term incentive grant will have a target grant-date fair value of $1.5 million.
Dec 1, 2025, 1:00 PM
iHeartMedia Reports Q3 2025 Results
IHRT
Earnings
Guidance Update
Demand Weakening
- iHeartMedia reported a 1.1% year-over-year decline in Q3 2025 revenue to $997 million, missing growth expectations.
- The company's GAAP loss widened to $66.3 million and its operating margin dropped sharply to -11.7% in Q3 2025 from 7.6% in the same quarter last year.
- Free cash flow was negative $32.82 million in Q3 2025, down from positive $73.35 million in the prior year, indicating worsening cash generation.
- iHeartMedia expects Q4 revenue to decline by low-single digits overall, but projects mid-single-digit revenue growth if excluding political advertising. The company is targeting $50 million in new annual cost savings by 2026.
Nov 11, 2025, 12:17 AM
iHeartMedia Reports Q3 2025 Results, Highlights Digital Audio Growth and Strategic Partnerships
IHRT
Earnings
Guidance Update
New Projects/Investments
- iHeartMedia reported Q3 2025 consolidated revenue down 1.1% year-over-year, or up 2.8% excluding political impact, and adjusted EBITDA of $205 million, which was flat compared to the prior year and slightly above the midpoint of guidance.
- The Digital Audio Group demonstrated strong performance, with revenue increasing 13.5% to $342 million and adjusted EBITDA rising 30.3% to $130 million, achieving 38.1% margins. Podcasting revenue, a key driver, grew 22.5% to $140 million.
- The company remains on track to generate $150 million in net savings for 2025 and announced an additional $50 million in annual savings beginning in 2026.
- For Q4 2025, iHeartMedia expects adjusted EBITDA to be in the range of $200 million to $240 million, with consolidated revenue projected to be down low single digits year-over-year, or up mid-single digits excluding political revenue.
- Strategic initiatives include new partnerships with TikTok to enhance creator engagement and monetization, and with Amazon for programmatic audio, aiming to integrate broadcast inventory into digital buying platforms and drive future revenue growth.
Nov 10, 2025, 9:30 PM
iHeartMedia, Inc. Reports Q3 2025 Financial Results
IHRT
Earnings
Guidance Update
Demand Weakening
- iHeartMedia, Inc. reported Q3 2025 consolidated revenue of $997 million, a 1.1% decline year-over-year, but an increase of 2.8% when excluding political revenue.
- The company recorded a GAAP operating loss of $116 million in Q3 2025, primarily due to $209 million in non-cash impairment charges related to FCC licenses.
- Consolidated Adjusted EBITDA for Q3 2025 was $205 million, remaining flat compared to Q3 2024.
- The Digital Audio Group's revenue grew 14% to $342 million, with Podcast revenue increasing 22% to $140 million. Conversely, the Multiplatform Group's revenue decreased 5% to $591 million.
- For Q4 2025, iHeartMedia expects consolidated revenue to decline in the low-single digits (or increase in the mid-single digits excluding political revenue) and Consolidated Adjusted EBITDA to be approximately $200 million to $240 million.
Nov 10, 2025, 9:08 PM
iHeartMedia, Inc. Reports Q3 2025 Results
IHRT
Earnings
Guidance Update
Demand Weakening
- iHeartMedia, Inc. reported Q3 2025 consolidated revenue of $997 million, representing a 1.1% decrease year-over-year, though revenue excluding political revenue increased by 2.8%.
- The company recorded a GAAP operating loss of $116 million for Q3 2025, which included $209 million in non-cash impairment charges related to FCC licenses, while Consolidated Adjusted EBITDA remained flat at $205 million compared to Q3 2024.
- The Digital Audio Group's revenue increased 14% to $342 million, and its Segment Adjusted EBITDA grew 30% to $130 million in Q3 2025.
- For Q4 2025, iHeartMedia expects consolidated revenue to decline in the low-single digits (or increase in the mid-single digits excluding political revenue) and projects Consolidated Adjusted EBITDA to be approximately $200 million to $240 million.
Nov 10, 2025, 9:00 PM
IHRT Partners with Miko and Invests in AI Companion Company
IHRT
New Projects/Investments
- iHeartMedia announced a strategic partnership with Miko, a global leader in AI companions for kids, to introduce Miko’s emotionally intelligent robots into millions of homes across North America.
- The partnership will utilize iHeartMedia's extensive reach, which engages over a quarter of a billion monthly listeners and 9 out of 10 Americans every month, across its broadcast radio, podcasts, digital platforms, and live experiences.
- iHeartMedia is joining Miko's ongoing Series D funding round, reflecting strong investor confidence in Miko's market leadership and growth.
- Miko, founded in 2015, recently expanded its market presence by going live across every Costco in North America.
Nov 10, 2025, 5:00 PM
Quarterly earnings call transcripts for iHeartMedia.
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