iHeartMedia, Inc.IHRTEarnings & Financial Report
iHeartMedia, Inc., or CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. It is the holding company of iHeartCommunications, Inc., formerly Clear Channel Communications, Inc., a company founded by Lowry Mays and Red McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners in a leveraged buyout in 2008.
Revenue
$1.1B
Gross Profit
N/A
Operating Profit
$104.5M
Net Profit
$31.5M
Gross Margin
N/A
Operating Margin
9.3%
Net Margin
2.8%
YoY Growth
4.8%
EPS
$0.21
Financial Flow
iHeartMedia, Inc. Q4 2024 Financial Summary
iHeartMedia, Inc. reported revenue of $1.1B (up 4.8% YoY) for Q4 2024, with a net profit of $31.5M (up 140.0% YoY) (2.8% margin). Cost of goods sold was N/A.
Key Financial Metrics
| Total Revenue | $1.1B |
|---|---|
| Net Profit | $31.5M |
| Gross Margin | N/A |
| Operating Margin | 9.3% |
| Report Period | Q4 2024 |
Revenue Breakdown
iHeartMedia, Inc. Q4 2024 revenue of $1.1B breaks down across 7 segments, led by Broadcast Radio at $493.3M (44.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Broadcast Radio | $493.3M | 44.1% |
| Digital Non Podcast | $199.3M | 17.8% |
| Digital Podcast | $139.6M | 12.5% |
| Networks | $113.3M | 10.1% |
| Audio And Media Services Group Segment | $97.8M | 8.7% |
| Tradeand Barter Transactions | $62.7M | 5.6% |
| Other | $7.1M | 0.6% |
iHeartMedia, Inc. Revenue by Segment — Quarterly Trend
iHeartMedia, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Broadcast Radio and Digital Non Podcast) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Broadcast Radio | $469.9M | $427.0M | $395.8M | $340.7M |
| Digital Non Podcast | $212.9M | $202.0M | $189.6M | $161.3M |
| Digital Podcast | — | — | $134.3M | $116.0M |
| Networks | $118.2M | $114.3M | — | $99.5M |
| Audio And Media Services Group Segment | $78.9M | $66.6M | $67.7M | — |
iHeartMedia, Inc. Annual Revenue by Year
iHeartMedia, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $3.9B |
| 2024 | $3.9B |
| 2023 | $3.8B |
| 2022 | $3.9B |
iHeartMedia, Inc. Quarterly Revenue & Net Profit History
iHeartMedia, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $1.1B | +0.8% | $-41.9M | -3.7% |
| Q3 2025 | $997.0M | -1.1% | $-66.3M | -6.6% |
| Q2 2025 | $933.7M | +0.5% | $-83.5M | -8.9% |
| Q1 2025 | $807.1M | +1.0% | $-281.2M | -34.8% |
| Q4 2024 | $1.1B | +4.8% | $31.5M | 2.8% |
| Q3 2024 | $1.0B | +5.8% | $-41.3M | -4.1% |
| Q2 2024 | $929.1M | +1.0% | $-981.7M | -105.7% |
| Q1 2024 | $799.0M | -1.5% | $-18.5M | -2.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $799.0M | $929.1M | $1.01B | $1.12B | $807.1M | $933.7M | $997.0M | $1.13B |
| YoY Growth | -1.5% | 1.0% | 5.8% | 4.8% | 1.0% | 0.5% | -1.1% | 0.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $6.76B | $5.77B | $5.78B | $5.57B | $5.27B | $5.38B | $5.09B | $5.13B |
| Liabilities | $7.16B | $7.14B | $7.19B | $6.94B | $6.91B | $7.11B | $6.88B | $6.95B |
| Equity | $-398.6M | $-1.37B | $-1.41B | $-1.37B | $-1.65B | $-1.73B | $-1.79B | $-1.83B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-59.3M | $26.7M | $102.8M | $1.2M | $-60.9M | $6.8M | $-9.5M | $156.3M |