IntrinsicIntrinsic
OverviewFinancialsChartBusiness SummaryFilingsOwnershipValuation

Recent Updates — IHRT

August 10, 2026View Source ↗

iHeartMedia reported Q2 2026 revenue of $977 million, a 4.7% increase year-over-year, with Adjusted EBITDA of $152 million, down 2.9%. Digital Audio Group revenue rose 12% to $364 million, driven by a 21% surge in podcast advertising to $162 million. Conversely, Multiplatform Group revenue declined 2% to $536 million as Adjusted EBITDA fell 39% to $59 million due to higher operating expenses and lower sponsorship revenues. The company generated $46 million in free cash flow and extended its $450 million Asset-based Revolving Credit Facility maturity to January 30, 2029. Full-year Adjusted EBITDA guidance remains approximately $800 million with expected free cash flow of $200 million. iHeartMedia operates as a leading audio media company in the United States, owning broadcast radio stations and digital streaming platforms.