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Iheartmedia, Inc. (IHRT) stock

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NASDAQ: IHRT Nasdaq Broadcasting Next results ~November 9, 2026

C Fundamentals grade

Iheartmedia, Inc. is a US-listed company in the broadcasting industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: every model's value for Iheartmedia, Inc. is far from the share price, which usually points to a data problem (a merger, a share-count change, a one-off) rather than a bargain or a bubble.

Price vs value

Under review: cash-flow value per share is not positive (net debt exceeds value). We'll show the comparison once resolved.

Iheartmedia, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 0 selling2 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds68 adding, 66 cuttingOf 29 active managers that changed their stake, 14 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Iheartmedia files

Where Iheartmedia stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $3.99bn, up 3.1% on a year earlier, faster than the 2.1% growth a quarter earlier. Free-cash-flow margin rose to 0.9% from -1.2% a year earlier. Operating margin narrowed to 0.2% from 4.9%. The diluted share count is up 2.1% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 1 of our 3 financial-health checks.

Our model value for Iheartmedia is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 10, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 9, 2026 (estimated)

Iheartmedia, Inc.'s trailing-twelve-month revenue grew 3.1% year on year, with a free-cash-flow margin of 0.9%. Where it lags: long-term debt as % of assets of 101.9% ranks 13 of 13 broadcasting companies we cover.

Current signal Results well short of expectations: Reported earnings per share missed the analysts' consensus estimate by 59% in the quarter to 2026-06-30.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Iheartmedia, Inc.'s latest figures clears our strength thresholds.

Things to watch

  • Results due soon. Results are expected around 9 November; the share price can move sharply on the day.
  • Margins narrowing. Operating margin is down 4.8 points on a year ago.
  • Share dilution. Diluted shares rose 2.1% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 91% and a beta of 1.2 against the S&P 500.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 101.9% ranks 13 of 13 broadcasting companies we cover (median 55.6%).
  • Below peers: free-cash-flow margin. Free-cash-flow margin of 0.9% ranks 10 of 13 broadcasting companies we cover (median 3.4%).

Latest results: FY2026 Q2

Filed August 10, 2026
Earnings per share
-$0.52 against an average estimate of -$0.33: missed by 58.9%
Revenue
$977m, up 4.7% on a year earlier
Share reaction
-24.0% in the first session after the results on August 10, 2026, against -0.3% for the S&P 500
Guidance given
consolidated Adjusted EBITDA $180m to $220m (Q3 2026); consolidated Adjusted EBITDA $800m (Full Year 2026)
Next report
November 9, 2026

Iheartmedia's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-1.6%
  • 1 week+2.3%
  • 1 month-6.7%
  • This year-56.5%
  • 1 year-39.1%
  • 5 years-90.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$4B
Operating margin
0.2%
Net margin
-7.2%
EPS (TTM, diluted)
$-1.83

Growth

Revenue growth
+3.1%
Change in growth rate
+1.0 pts
Share count change
+2.1%

Cash

Free cash flow (TTM)
$36.3M
FCF margin
0.9%
Stock pay % of revenue
0.9%

Earnings

Last results
August 10, 2026
Next results (est.)
November 9, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Announcement
  3. Announcement
  4. Announcement
  5. Product
  6. Product
  7. Results
  8. Announcement
  9. Guidance
  10. Announcement
  11. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Iheartmedia, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: cash-flow value per share is not positive (net debt exceeds value).

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Iheartmedia, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 10.3%: the 10-year Treasury yield (4.9%) plus a beta of 1.18 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: the projected cash flows don't support a positive value
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$0.1 ~$0.1–$0.1 Left out: out of range vs price (0.04x)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$12 ~$19–$30 Left out: out of range vs price (6.45x)
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Iheartmedia, Inc. with Broadcasting in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 202020212022202320242025Now
Share price$12.98$21.04$6.13$2.67$1.98$4.16$1.81
Market value$1.9bn$3.1bn$908m$399m$300m$642m$282m
+ Net debt (− = net cash)$5.3bn$5.4bn$5.1bn$4.9bn$4.8bn$4.8bn$4.9bn
Enterprise value$7.2bn$8.5bn$6.0bn$5.3bn$5.1bn$5.4bn$5.2bn
Multiples
Price / sales 0.6x0.9x0.2x0.1x0.1x0.2x0.1x
Price / earnings ———————
Price / free cash flow 14.5x21.0x3.5x3.6x—58.8x7.8x
EV / EBITDA —13.6x12.0x——16.0x15.0x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

24 /100

Weak moat

How hard Iheartmedia's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -5.2% of total assets over 10 years.

  • Durability 0 / 20

    Operating margin has been a median 4.1%; its worst year was -48.8%.

  • Cash conversion 9 / 20

    Free cash flow was positive in 7 of 10 years, at a median 3.4% of revenue.

  • Discipline 15 / 20

    The diluted share count rose 6.6% over five years; stock-based pay has been a median 0.8% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (29 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 9, 2026, after the close. Analysts expect revenue of $1.1bn for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$0.50 +84% $4.1bn +7%
Next $0.01 +103% $4.1bn −0%

Next year's EPS estimate has moved −67.6% in 90 days, across 4 analysts.

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.33 −$0.52 −58.9%
Mar 2026 −$0.54 −$0.61 −13.6%
Dec 2025 $0.13 −$0.26 −296.4%
Sept 2025 −$0.01 −$0.43 −3794.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 10, 2026
  • Consolidated Adjusted EBITDA Full Year 2026 about $800m Non-GAAP
    “Consolidated Adjusted EBITDA 4 expected to be approximately $800 million” source
  • Free Cash Flow Full Year 2026 about $200m Non-GAAP
    “Free Cash Flow of approximately $200 million” source
  • In-year cost savings 2026 about $125m
    “In-year 2026 cost savings of $125 million” source
  • Total Programmatic Revenue Full Year 2026 about $200m
    “Total Programmatic Revenue of approximately $200 million, up approximately 50%” source
  • Total Programmatic Revenue growth Full Year 2026 about 50% growth
    “Total Programmatic Revenue of approximately $200 million, up approximately 50%” source
  • Consolidated Adjusted EBITDA Q3 2026 $180m to $220m Non-GAAP
    “Consolidated Adjusted EBITDA 4 expected to be approximately $180 million to $220 million” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

4 analysts, Oct 2026
Buy00%
Hold250%
Sell250%

Monthly trend

  1. Oct 20262114
  2. Sep 20262114
  3. Aug 20262114

Counts of recommendations published by analysts covering Iheartmedia, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
6.5%
of tradable shares
Days to cover
8.38
at average volume
Short interest, 1 month
−14%
to September 30, 2026
Held by institutions
89%
of shares
Held by insiders
6.8%
of shares
Employees
7,449
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −39.1%

$2.97 on October 31, 2025 to $1.81

ThenNowEffect
Revenue (last 12 months) $3.9bn $4.0bn +3.1%
P/S multiple 0.1x 0.1x −39.6%
Share count 153m 156m −2.1%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −27.6%

$2.50 on November 3, 2023 to $1.81

ThenNowEffect
Revenue (last 12 months) $3.8bn $4.0bn +3.6%
P/S multiple 0.1x 0.1x −26.5%
Share count 148m 156m −4.9%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
IHRT+62%−71%−56%−26%+110%−57%
Industry peers (median)+27%−32%−8%−46%+2%−11%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
IHRT67%25%42%67%75%18%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
IHRT−34%−72%−79%−71%−59%−76%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since July 1, 2019: 97% from June 24, 2021 to May 28, 2024. Getting back needed a 3152% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$1.50 – $6.33
From 52-week high
−71.4%
vs 50-day average
−18.1%
vs 200-day average
−46.9%
Volatility (1 year)
91%
Beta vs S&P 500
1.19

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
2 up, 10 down
typical move ±16.5%
After a week
2 up, 10 down
typical move ±16.2%
After a month
5 up, 7 down
typical move ±20.7%
Results releasedNext dayS&P 500 next day5 days21 days
August 10, 2026 −24.0% −0.3% −23.3% −32.9%
May 11, 2026 −14.6% +0.1% −8.8% −31.3%
March 2, 2026 −9.9% −0.8% −7.3% −10.7%
November 10, 2025 −7.1% +1.8% −13.4% +1.8%
August 11, 2025 +26.9% +0.9% +40.0% +34.4%
February 27, 2025 −22.0% −0.1% −18.1% −27.8%
November 7, 2024 +40.2% +1.2% +32.8% +43.1%
August 8, 2024 −7.0% +2.8% −0.7% +6.3%
February 29, 2024 −0.4% +1.3% −4.8% −6.6%
November 9, 2023 −22.7% +0.8% −6.5% +0.8%
August 8, 2023 −20.3% −1.1% −24.1% −21.7%
May 2, 2023 −2.5% −1.8% −14.1% −31.0%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Iheartmedia, Inc. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Iheartmedia, Inc.
$3.7B $3.8B $3.9B $4B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $3.8B Revenue (TTM), FY23 Q4: $3.8B Revenue (TTM), FY24 Q1: $3.7B Revenue (TTM), FY24 Q2: $3.7B Revenue (TTM), FY24 Q3: $3.8B Revenue (TTM), FY24 Q4: $3.9B Revenue (TTM), FY25 Q1: $3.9B Revenue (TTM), FY25 Q2: $3.9B Revenue (TTM), FY25 Q3: $3.9B Revenue (TTM), FY25 Q4: $3.9B Revenue (TTM), FY26 Q1: $3.9B Revenue (TTM), FY26 Q2: $4B $4B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $3.8B
FY23 Q4 $3.8B
FY24 Q1 $3.7B
FY24 Q2 $3.7B
FY24 Q3 $3.8B
FY24 Q4 $3.9B
FY25 Q1 $3.9B
FY25 Q2 $3.9B
FY25 Q3 $3.9B
FY25 Q4 $3.9B
FY26 Q1 $3.9B
FY26 Q2 $4B
Revenue growth, TTM YoY Iheartmedia, Inc.
-6% -4% -2% 0% 2% 4% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -1.0% Revenue growth, TTM YoY, FY23 Q4: -4.1% Revenue growth, TTM YoY, FY24 Q1: -3.6% Revenue growth, TTM YoY, FY24 Q2: -2.6% Revenue growth, TTM YoY, FY24 Q3: -0.2% Revenue growth, TTM YoY, FY24 Q4: 2.8% Revenue growth, TTM YoY, FY25 Q1: 3.3% Revenue growth, TTM YoY, FY25 Q2: 3.2% Revenue growth, TTM YoY, FY25 Q3: 1.4% Revenue growth, TTM YoY, FY25 Q4: 0.3% Revenue growth, TTM YoY, FY26 Q1: 2.1% Revenue growth, TTM YoY, FY26 Q2: 3.1% 3.1%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -1.0%
FY23 Q4 -4.1%
FY24 Q1 -3.6%
FY24 Q2 -2.6%
FY24 Q3 -0.2%
FY24 Q4 2.8%
FY25 Q1 3.3%
FY25 Q2 3.2%
FY25 Q3 1.4%
FY25 Q4 0.3%
FY26 Q1 2.1%
FY26 Q2 3.1%
Operating margin (TTM) Iheartmedia, Inc.
-30% -20% -10% 0% 10% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -18.5% Operating margin (TTM), FY23 Q4: -21.3% Operating margin (TTM), FY24 Q1: -20.9% Operating margin (TTM), FY24 Q2: -21.2% Operating margin (TTM), FY24 Q3: -20.7% Operating margin (TTM), FY24 Q4: -19.8% Operating margin (TTM), FY25 Q1: -19.5% Operating margin (TTM), FY25 Q2: 4.9% Operating margin (TTM), FY25 Q3: -0.0% Operating margin (TTM), FY25 Q4: -0.5% Operating margin (TTM), FY26 Q1: 0.2% Operating margin (TTM), FY26 Q2: 0.2% 0.2%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -18.5%
FY23 Q4 -21.3%
FY24 Q1 -20.9%
FY24 Q2 -21.2%
FY24 Q3 -20.7%
FY24 Q4 -19.8%
FY25 Q1 -19.5%
FY25 Q2 4.9%
FY25 Q3 -0.0%
FY25 Q4 -0.5%
FY26 Q1 0.2%
FY26 Q2 0.2%
FCF margin (TTM) Iheartmedia, Inc.
-5% 0% 5% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 3.5% FCF margin (TTM), FY23 Q4: 2.9% FCF margin (TTM), FY24 Q1: 4.4% FCF margin (TTM), FY24 Q2: 3.6% FCF margin (TTM), FY24 Q3: 3.7% FCF margin (TTM), FY24 Q4: -0.7% FCF margin (TTM), FY25 Q1: -0.7% FCF margin (TTM), FY25 Q2: -1.2% FCF margin (TTM), FY25 Q3: -3.9% FCF margin (TTM), FY25 Q4: 0.3% FCF margin (TTM), FY26 Q1: -0.6% FCF margin (TTM), FY26 Q2: 0.9% 0.9%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 3.5%
FY23 Q4 2.9%
FY24 Q1 4.4%
FY24 Q2 3.6%
FY24 Q3 3.7%
FY24 Q4 -0.7%
FY25 Q1 -0.7%
FY25 Q2 -1.2%
FY25 Q3 -3.9%
FY25 Q4 0.3%
FY26 Q1 -0.6%
FY26 Q2 0.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 5.6 5.9 6.2 6.2 6.2 6.3 6.2 6.3 3.6 3.6 2.9 3.6 3.9 3.8 3.9 3.9 4.0
EBITDA −2.9 1.6 1.8 1.8 1.7 1.8 1.8 2.1 1.0 0.9 −1.3 0.6 0.5 −0.4 −0.4 0.3 0.3
Operating income −3.7 0.9 1.1 1.1 1.0 1.1 1.1 1.5 0.7 0.7 −1.7 0.2 0.1 −0.8 −0.8 −0.0 0.0
Net income −4.0 −0.5 −0.3 −0.4 −0.6 −0.8 −0.8 −0.3 −0.4 −0.2 −1.9 −0.2 −0.3 −1.1 −1.0 −0.5 −0.3
Diluted EPS −$49.71 −$5.94 −$3.70 −$5.23 −$7.31 −$9.46 −$8.96 −$3.57 −$4.68 −$2.36 −$13.12 −$1.09 −$1.79 −$7.39 −$6.68 −$3.06 −$1.83
Growth (year on year)
Revenue — +5.7% +5.0% +1.4% −0.1% +1.2% −1.2% +0.2% −42.6% +0.7% −18.4% +20.7% +9.9% −4.1% +2.8% +0.3% +3.1%
EBITDA — — +13.8% −1.0% −3.8% +3.5% +1.7% +17.1% −54.3% −7.6% −248.0% — −19.5% −173.4% — — −40.0%
Operating income — — +22.0% +1.5% −6.5% +8.1% +6.3% +30.4% −53.3% −1.5% −351.8% — −63.3% — — — −96.6%
Margins
EBITDA margin −52.6% 27.2% 29.5% 28.8% 27.7% 28.4% 29.2% 34.1% 27.2% 25.0% −45.3% 17.5% 12.8% −9.8% −9.2% 8.8% 8.6%
Operating margin −66.4% 14.7% 17.1% 17.1% 16.0% 17.1% 18.4% 24.0% 19.5% 19.1% −58.9% 4.4% 1.5% −21.3% −19.8% −0.5% 0.2%
Net margin −72.7% −8.2% −4.9% −6.8% −9.7% −12.6% −12.1% −4.8% −11.1% −5.6% −64.9% −4.5% −6.8% −29.4% −26.2% −12.2% −7.2%
Free-cash-flow margin −0.8% 5.8% 0.2% 1.5% −1.8% −1.2% −6.0% −5.3% −15.6% 24.4% 4.4% 4.1% 6.6% 2.9% −0.7% 0.3% 0.9%
Cash flow
Cash from operations 0.2 0.6 0.4 0.5 0.2 0.2 −0.1 −0.0 −0.5 1.0 0.2 0.3 0.4 0.2 0.1 0.1 0.1
Capital spending 0.2 0.2 0.4 0.4 0.3 0.3 0.3 0.3 0.1 0.1 0.1 0.2 0.2 0.1 0.1 0.1 0.1
Free cash flow −0.0 0.3 0.0 0.1 −0.1 −0.1 −0.4 −0.3 −0.6 0.9 0.1 0.1 0.3 0.1 −0.0 0.0 0.0
Stock-based pay 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Free cash flow after stock pay −0.1 0.3 −0.0 0.1 −0.1 −0.1 −0.4 −0.3 −0.6 0.9 0.1 0.1 0.2 0.1 −0.1 −0.0 −0.0
Balance sheet
Cash 1.9 1.9 1.2 1.2 0.7 0.5 0.8 0.8 0.3 0.4 0.7 0.4 0.3 0.3 0.3 0.3 0.2
Total debt 0.0 20.6 20.2 21.2 20.8 20.6 21.1 20.7 20.9 — 6.1 5.8 5.4 5.2 5.1 5.1 5.0
Net debt (negative = net cash) −1.9 18.7 19.0 19.9 20.1 20.1 20.3 19.8 20.6 −0.4 5.3 5.4 5.1 4.9 4.8 4.8 4.9
Diluted shares 81m 82m 82m 83m — 84m 84m 85m 85m 85m 146m 147m 148m 149m 151m 154m 156m
Returned to shareholders
Dividends — 0.0 0.0 0.2 — — — — — — — — — — — — —
Total returned — 0.0 0.0 0.2 — — — — — — — — — — — — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 3 checks passed · June 30, 2026
What it owns · $4.9bn
Short-term assets $1.3bnLonger-term assets $3.6bn
What it owes, and who funded it · $913m
Short-term liabilities $913mShareholders' equity $-2.0bn
  • Short-term assets cover short-term liabilities $1.3bn of assets due within a year against $913m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $174m of cash against $5.0bn of debt.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $119m of operating cash flow against $5.0bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Iheartmedia, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+2.1%
year over year
Sales & admin spending
44.7%
of revenue
Days sales outstanding
75 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in broadcasting
Last 12 months unless stated IHRT SBGI GTN NXST AMCX SSP Median
Revenue, last 12 months $4.0bn $3.3bn $3.1bn $5.9bn $2.2bn $2.1bn $2.2bn
Revenue growth, last 12 months 3.1% −6.5% −11.3% 10.5% −4.6% −14.2% −4.9%
Revenue growth, 3-year average 1.2% −0.9% −4.3% 3.8% −9.6% −4.5% −2.9%
Revenue growth, latest quarter 4.7% 7.1% 8.7% 62.2% −8.8% −9.2% −0.1%
Operating margin 0.2% 6.6% 13.8% 17.8% 2.3% −50.3% 1.4%
Operating margin, 3-year average −5.4% 4.3% 16.4% 19.0% 3.3% −11.8% 0.4%
Net margin −7.2% 1.6% −0.8% 3.2% −0.9% −58.0% −0.9%
Cash from operations / revenue 3.0% 5.3% 7.9% 15.2% 9.7% 4.0% 6.6%
Free-cash-flow margin 0.9% 2.9% 4.6% 12.6% 8.5% 1.7% 3.4%
Free-cash-flow margin, 3-year average 1.1% 2.2% 9.0% 16.2% 12.1% 5.0% 5.7%
Stock pay / revenue 0.9% 1.6% 0.7% 1.7% 1.1% 0.8% 1.0%
Change in share count 2.1% 4.2% 1.6% −1.5% −0.8% 3.0% 2.1%

Median of all 13 companies we cover in broadcasting. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

13 broadcasting companies
Measure Company Peer median Rank
Revenue growth Growth 3.1% -4.9% 4 of 13
Change in growth rate Growth +1.0pp +1.0pp 7 of 13
Operating margin Profitability 0.2% 2.3% 8 of 12
Net margin Profitability -7.2% -0.9% 8 of 13
Free-cash-flow margin Cash generation 0.9% 3.4% 10 of 13
Stock pay as % of revenue Cash generation 0.9% 1.1% 5 of 11
Long-term debt as % of assets Balance sheet 101.9% 55.6% 13 of 13
Change in share count Balance sheet 2.1% 2.1% 6 of 11
Days sales outstanding Balance sheet 75 days 73 days 9 of 13

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Broadcast Radio $1.6B ▼ 5.4%
Digital Non Podcast $761M ▲ 7.0%
Digital Podcast $564M ▲ 25.6%
Networks $440M ▲ 0.6%
Trade and Barter Transactions $381M ▲ 45.7%
Audio and Media Services $267M ▼ 17.1%
Sponsorship and Events $182M ▼ 2.8%
Advertising Trade and Barter Transactions $55.3M ▲ 6.6%
Other $17.8M ▼ 13.7%

These categories overlap or exclude eliminations, so shares aren't shown.

From Iheartmedia, Inc.'s 10-K filed March 2, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$427M
Institutions reporting
134
Shares held vs prior quarter
▲ 6.5%
Positions opened / closed
20 / 15

Top buyers and sellers, Q2 2026: 68 institutions bought and 66 sold ; the biggest buyer was Sona Asset Management (US) LLC (+2.2M shares) and the biggest seller Allianz Asset Management Gmbh (−2.7M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Allianz Asset Management Gmbh $84.9M 19.8M 19.9% ▼ 11.9%
Blackrock, Inc. $38.2M 8.9M 8.9% ▲ 8.9%
Deutsche Bank Ag\ $27.6M 6.4M 6.5% ▼ 2.7%
Oak Hill Advisors LP $26.6M 6.2M 6.2% ▲ 27.0%
Vanguard Capital Management LLC $20.6M 4.8M 4.8% ▼ 2.8%
Acadian Asset Management LLC $18.4M 4.3M 4.3% ▲ 5.3%
Goldman Sachs Group Inc $18.4M 4.3M 4.3% ▲ 31.2%
Sona Asset Management (US) LLC $17.6M 4.1M 4.1% ▲ 119.2%
Foursixthree Capital LP $16.8M 3.9M 3.9% ▲ 51.0%
Douglas Lane & Associates, LLC $16.2M 3.8M 3.8% ▼ 0.8%
Charles Schwab Investment Management Inc $14.7M 3.4M 3.5% ▼ 39.6%
Geode Capital Management, LLC $13.8M 3.2M 3.2% ▲ 5.2%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Iheartmedia, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $154,078 2 trades by 1 insider, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $154,078 net buying
Insider Date Trade Shares Price Value
Pittman Robert W Chairman and CEO March 9, 2026 Buy 16,349 $2.97 $48,557
Pittman Robert W Chairman and CEO March 5, 2026 Buy 32,468 $3.25 $105,521

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 9, 2026 estimated from the company's past filing pattern, not announced

  • August 10, 2026
  • May 11, 2026
  • March 2, 2026
  • November 10, 2025
  • August 11, 2025
  • February 27, 2025

Recent SEC filings

Data status

When each part of this page on Iheartmedia, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Iheartmedia, Inc. in brief

What does Iheartmedia, Inc. do?
Iheartmedia, Inc. is a US-listed company in the broadcasting industry. Its financial year ends in December.
What is Iheartmedia, Inc.'s stock ticker?
Iheartmedia, Inc. trades under the ticker IHRT on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Iheartmedia, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Iheartmedia, Inc. reported revenue of $4B, 3.1% higher than a year earlier, according to its SEC filings.
What is Iheartmedia, Inc.'s free cash flow?
Iheartmedia, Inc.'s free-cash-flow margin is 0.9% of revenue over the trailing twelve months, ranking 10 of the 13 broadcasting companies we cover.
Who are Iheartmedia, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Allianz Asset Management Gmbh, Blackrock, Inc. and Deutsche Bank Ag\. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Iheartmedia, Inc.'s market cap?
On November 2, 2026, Iheartmedia, Inc.'s market capitalisation was about $282M and net debt of $4.9B. Market figures come from third-party market data and may be delayed.
Who are Iheartmedia, Inc.'s competitors?
In our Broadcasting peer group, the companies closest to Iheartmedia, Inc. are Sinclair, Inc., Gray Media, Inc, Nexstar Media Group, Inc., AMC Global Media Inc. and E.w. Scripps Co. The side-by-side comparison below sets their revenue, margins and growth against Iheartmedia, Inc.'s.
Are insiders buying or selling Iheartmedia, Inc. stock?
Over the last 12 months, Iheartmedia, Inc.'s directors and officers reported 2 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is Iheartmedia, Inc.'s next earnings date?
Around November 9, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Iheartmedia, Inc. announces its own schedule.