NASDAQ$IHRT

iHeartMedia Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

iHeartMedia reported Q3 2025 revenue of $997.0M with a net loss of $65.8M.

Third-quarter revenue decreased 1.1% to $997.0 million as broadcast and digital audio faced softer ad markets. Net loss was $65.8 million versus $41.3 million a year ago. Digital Audio Group revenue was $341.7 million and Multiplatform Group revenue was $591.2 million.

  • Q3 revenue $997.0M (-1.1% YoY).
  • Net loss $65.8M.
  • Digital Audio revenue $341.7M; Podcast $139.7M.
  • Macro uncertainty cited for broadcast ad trends.

Headline financials

Total Revenue

$997M

Previous: $1.01B-1.1%
EPS (adj)

$0.00

Previous: -$0.27+100.0%
Digital Revenue Growth

8.0%

No prior period
Podcast Revenue Growth

22.5%

No prior period
Broadcast Radio Revenue

$427M

No prior period
Networks Revenue

$114M

No prior period
Sponsorship and Events

$45.5M

No prior period
Operating Cash Flow

-$9.55M

Previous: $103M-109.3%
Capital Expenditures

$23.3M

Previous: $29.4M-20.9%
Total Debt

$5.12B

No prior period
Net Debt

$4.67B

No prior period
Total Available Liquidity

$510M

No prior period
Political Revenue

$5.5M

Previous: $44M-87.5%
Adjusted EBITDA

$205M

Previous: $205M+0.1%
Net Income

-$66.3M

Previous: -$41.3M-60.6%
Operating Income

-$116M

Previous: $76.7M-251.6%

Revenue & EPS history

iHeartMedia · Revenue · Quarterly

$997M

Q3 2025-1.1%vs Q3 2024
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

iHeartMedia · $887M total across 3 segments · Q1 2026

  • Multiplatform Group
    $493M—
  • Digital Audio Group
    $327M—
  • Audio & Media Services
    $66.6M—

Forward guidance

The filing discusses iHeartMedia's outlook, capital deployment, and key risks without relying solely on numeric EPS guidance.

Tailwinds

  • iHeartMedia cited execution on strategic priorities in the filing.
  • Balance sheet and liquidity support continued operations.

Headwinds

  • GAAP profitability remained under pressure in the quarter.
  • Macro, competitive, and cost pressures may affect margins.
  • Segment mix and one-time items can affect comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-4.5%

Avg return

Earnings day

-5.9%

Avg return

5 days after

-2.2%

Avg return

30 days after

30%

8 / 27 earnings

Positive

+40.2%

Q3 2024

Best reaction

-39.8%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
Q1 2026-2.8%-15.8%-31.5%
Q4 2025-5.5%+4.5%+1.6%
Q3 2025-5.3%-10.9%+11.6%
Q1 2025-4.0%-3.9%+24.0%
Q4 2024-15.3%-27.8%-21.5%
Q3 2024+40.2%+37.4%+50.0%
Q2 2024-7.0%-7.0%+2.8%
Q1 2024-39.8%-41.7%-42.1%
Q4 2023-0.4%-15.0%-7.9%
Q3 2023-22.7%-19.2%+1.9%
Q2 2023-20.3%-24.6%-21.7%
Q1 2023-2.5%-18.4%-31.0%
Q4 2022-21.4%-25.2%-47.4%
Q3 2022+2.7%-7.7%+0.1%
Q2 2022-2.8%-3.6%-1.3%
Q1 2022-16.8%-24.9%-31.5%
Q4 2021+0.3%+7.6%-3.2%
Q3 2021+3.6%+7.5%-0.6%
Q2 2021-15.5%-16.2%-3.5%
Q1 2021+13.1%+12.8%+17.9%
Q4 2020-3.0%+8.3%+18.1%
Q3 2020+9.6%+14.2%+39.5%
Q2 2020-6.5%+12.2%+7.0%
Q1 2020+5.7%-3.3%+60.3%
Q4 2019-5.1%-7.6%-56.4%
Q3 2019+2.2%+10.5%-1.6%
Q2 2019-1.6%-1.6%+7.4%
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Q4 2009———
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Q4 2010———
Q2 2010———
Q1 2010———

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