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NASDAQ · RADIO BROADCASTING STATIONS · MID CAP

iHeartMedia, Inc. IHRT

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$3.9B
▲ 0.3% YoY
$-472.9M
$10.9M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

iHeartMedia's radio stations, podcasts and other content are distributed across a range of audio platforms, including AM/FM broadcast radio stations, HD digital radio stations, the internet, and the iHeartRadio mobile application on more than 500 platforms and thousands of devices, including automotive dashboards, tablets, wearables, smartphones, gaming consoles, in-home entertainment and voice-controlled smart speakers. As of December 31, 2025, it had approximately 9,550 employees. As of December 31, 2025, it owned and operated 868 radio stations, including 249 AM and 619 FM stations, all located in the United States. The company reports its financial statements based on three reportable segments: Multiplatform Group, which includes its Broadcast radio, Networks, Sponsorships and Events businesses; Digital Audio Group, which includes its digital businesses, including podcasting, the iHeartRadio digital service, digital advertising technology, websites, newsletters and digital services and programs, and its social media presence; and Audio & Media Services Group, which provides other audio and media services, including its media representation business, Katz Media Group, and RCS Sound Software, a provider of scheduling and broadcast software and services to the industry. The Multiplatform Group includes the company's Markets Group, with more than 860 broadcast radio stations in approximately 160 markets; its Events business, covering live and virtual events; its SmartAudio suite of data targeting and attribution products; Premiere Networks, including the Premiere Networks syndication business and Total Traffic and Weather Network; BIN: Black Information Network; and its National Sales Organization. The company also provides services to broadcast industry participants through its Katz Media and RCS businesses, which accounted for revenues of $272.5 million in 2025, $327.1 million in 2024 and $256.7 million in 2023. iHeartMedia, Inc. was formed as a Delaware corporation in May 2007 for the purpose of acquiring the business of iHeartCommunications, Inc., a Texas corporation, which occurred on July 30, 2008.

Written from the business description in iHeartMedia, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 2 March 2026. Every sentence was checked against that document before publication.

Growth

USD 3.9B
Revenue, FY2025 · full 16-year series below
Revenue $B Net income $B
FY2025 · Revenue 3.9 · Net income -0.5
2.5B5.0B-1.5B-3.0B
200920122015201820222025
Compound annual growth
−0.4%
+5.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +5.6% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−12 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -0.5% · Net -12.2%
10%20%-20%-40%-60%
200920162025
ROE
FY2022 · ROE -33.1%
-50%
200920162025
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.

Return on equity has no reading this year — return on capital employed, just below, still does: -0%.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 10.9
400M800M-200M-400M
200920162025
Net buybacks $M Dividends $M
FY2012 · Dividends 244.7 · Net buybacks ·
100M200M
201020112012

Total assetsUSD 5.1B
CashUSD 270.9M
Gross debtUSD 5.1B
Net debtUSD 4.8B
Current ratio1.51×

Equity was zero or negative — liabilities equaled or exceeded assets. No ratio is shown.

The 16-year record

16 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
IHRT, 16-year financial record
Metric 2025202420232022202120202018201720162015201420132012201120102009
Revenue $B3.93.93.83.93.62.93.63.66.36.26.36.26.26.25.95.6
Operating income $B−0.0−0.8−0.80.10.2−1.70.70.71.51.11.11.01.11.10.9−3.7
EBITDA $B0.3−0.4−0.40.50.6−1.30.91.02.11.81.81.71.81.81.6−2.9
Income tax $B−0.0−0.2−0.10.00.0−0.20.0−0.2−0.00.10.1−0.1−0.3−0.1−0.2−0.5
Net income $B−0.5−1.0−1.1−0.3−0.2−1.9−0.2−0.4−0.3−0.8−0.8−0.6−0.4−0.3−0.5−4.0
Free cash flow $B0.0−0.00.10.30.10.10.9−0.6−0.3−0.4−0.1−0.10.10.00.3−0.0
EPS, diluted $−3.06−6.68−7.39−1.79−1.09−13.12−2.36−4.68−3.57−8.96−9.46−7.31−5.23−3.70−5.94−49.71
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout %————————————−58−0−0—
ROE %———−33.1−16.2−95.8——————————
Shares out B◌◌0.150.150.150.15◌◌◌◌◌◌◌◌◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

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Provenance

Company facts, as filed

How we verify · 0 failures in 65 reconciliationsAUDITED

Reconciled in 16 of the 16 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Two checks were skipped: EPS is not tagged before 2009. Two checks were skipped: revenue is not tagged before 2009.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityRadio Broadcasting Stations
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2009

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