vs
Side-by-side financial comparison of iHeartMedia, Inc. (IHRT) and Mediaco Holding Inc. (MDIA), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.
iHeartMedia, Inc. is the larger business by last-quarter revenue ($1.1B vs $38.7M, roughly 29.2× Mediaco Holding Inc.). iHeartMedia, Inc. runs the higher net margin — -3.7% vs -83.6%, a 79.9% gap on every dollar of revenue. On growth, Mediaco Holding Inc. posted the faster year-over-year revenue change (17.9% vs 0.8%). iHeartMedia, Inc. produced more free cash flow last quarter ($137.6M vs $-460.0K). Over the past eight quarters, Mediaco Holding Inc.'s revenue compounded faster (140.1% CAGR vs 18.8%).
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.
MediaCo Holding Inc. is an American media company with offices based in Burbank, California and New York City, owned by private equity firms HPS Investment Partners, LLC and Standard General. MediaCo caters to the African-American and the Spanish-speaking Hispanic communities. The company owns television and radio stations in several of the top multicultural markets, and is the parent company of the Estrella TV network.
IHRT vs MDIA — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $38.7M |
| Net Profit | $-41.9M | $-32.3M |
| Gross Margin | — | — |
| Operating Margin | 7.6% | -16.0% |
| Net Margin | -3.7% | -83.6% |
| Revenue YoY | 0.8% | 17.9% |
| Net Profit YoY | -233.1% | -661.9% |
| EPS (diluted) | $-0.25 | $-0.39 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.
| Q4 25 | $1.1B | $38.7M | ||
| Q3 25 | $997.0M | $35.4M | ||
| Q2 25 | $933.7M | $31.2M | ||
| Q1 25 | $807.1M | $28.0M | ||
| Q4 24 | $1.1B | $32.8M | ||
| Q3 24 | $1.0B | $29.9M | ||
| Q2 24 | $929.1M | $26.2M | ||
| Q1 24 | $799.0M | $6.7M |
| Q4 25 | $-41.9M | $-32.3M | ||
| Q3 25 | $-66.3M | $-17.9M | ||
| Q2 25 | $-83.5M | $-7.4M | ||
| Q1 25 | $-281.2M | $-8.6M | ||
| Q4 24 | $31.5M | $-4.2M | ||
| Q3 24 | $-41.3M | $54.9M | ||
| Q2 24 | $-981.7M | $-48.3M | ||
| Q1 24 | $-18.5M | $-3.7M |
| Q4 25 | 7.6% | -16.0% | ||
| Q3 25 | -11.7% | -20.0% | ||
| Q2 25 | 3.8% | -21.7% | ||
| Q1 25 | -3.2% | -16.7% | ||
| Q4 24 | 9.3% | -13.8% | ||
| Q3 24 | 7.6% | -23.0% | ||
| Q2 24 | -97.9% | -50.9% | ||
| Q1 24 | -4.3% | -51.7% |
| Q4 25 | -3.7% | -83.6% | ||
| Q3 25 | -6.6% | -50.5% | ||
| Q2 25 | -8.9% | -23.7% | ||
| Q1 25 | -34.8% | -30.7% | ||
| Q4 24 | 2.8% | -12.9% | ||
| Q3 24 | -4.1% | 184.0% | ||
| Q2 24 | -105.7% | -184.4% | ||
| Q1 24 | -2.3% | -54.8% |
| Q4 25 | $-0.25 | $-0.39 | ||
| Q3 25 | $-0.43 | $-0.22 | ||
| Q2 25 | $-0.54 | $-0.11 | ||
| Q1 25 | $-1.84 | $-0.12 | ||
| Q4 24 | $0.21 | $0.19 | ||
| Q3 24 | $-0.27 | $0.66 | ||
| Q2 24 | $-6.50 | $-0.75 | ||
| Q1 24 | $-0.12 | $-0.18 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $270.9M | $5.1M |
| Total DebtLower is stronger | $5.1B | — |
| Stockholders' EquityBook value | $-1.8B | $46.3M |
| Total Assets | $5.1B | $291.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q4 25 | $270.9M | $5.1M | ||
| Q3 25 | $192.2M | $6.2M | ||
| Q2 25 | $235.9M | $2.9M | ||
| Q1 25 | $167.7M | $6.3M | ||
| Q4 24 | $259.6M | $4.4M | ||
| Q3 24 | $431.8M | $7.7M | ||
| Q2 24 | $364.7M | $9.9M | ||
| Q1 24 | $361.4M | $4.0M |
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.1B | — | ||
| Q2 25 | $5.1B | — | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.2B | — | ||
| Q2 24 | $5.2B | — | ||
| Q1 24 | $5.1B | — |
| Q4 25 | $-1.8B | $46.3M | ||
| Q3 25 | $-1.8B | $86.7M | ||
| Q2 25 | $-1.7B | $97.3M | ||
| Q1 25 | $-1.6B | $85.5M | ||
| Q4 24 | $-1.4B | $62.1M | ||
| Q3 24 | $-1.4B | $67.9M | ||
| Q2 24 | $-1.4B | $13.7M | ||
| Q1 24 | $-398.6M | $33.3M |
| Q4 25 | $5.1B | $291.1M | ||
| Q3 25 | $5.1B | $319.4M | ||
| Q2 25 | $5.4B | $315.1M | ||
| Q1 25 | $5.3B | $317.7M | ||
| Q4 24 | $5.6B | $325.5M | ||
| Q3 24 | $5.8B | $338.4M | ||
| Q2 24 | $5.8B | $338.6M | ||
| Q1 24 | $6.8B | $325.5M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $156.3M | $32.0K |
| Free Cash FlowOCF − Capex | $137.6M | $-460.0K |
| FCF MarginFCF / Revenue | 12.2% | -1.2% |
| Capex IntensityCapex / Revenue; lower = less reinvestment burden | 1.7% | 1.3% |
| Cash ConversionOCF / Net Profit; >1× = earnings back up with cash | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $10.9M | $1.2M |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q4 25 | $156.3M | $32.0K | ||
| Q3 25 | $-9.5M | $2.8M | ||
| Q2 25 | $6.8M | $-3.0M | ||
| Q1 25 | $-60.9M | $2.1M | ||
| Q4 24 | $1.2M | $10.9M | ||
| Q3 24 | $102.8M | $-6.0M | ||
| Q2 24 | $26.7M | $-25.1M | ||
| Q1 24 | $-59.3M | $412.0K |
| Q4 25 | $137.6M | $-460.0K | ||
| Q3 25 | $-32.8M | $2.8M | ||
| Q2 25 | $-13.2M | $-3.2M | ||
| Q1 25 | $-80.7M | $2.0M | ||
| Q4 24 | $-24.2M | $10.5M | ||
| Q3 24 | $73.3M | $-6.6M | ||
| Q2 24 | $5.6M | $-25.2M | ||
| Q1 24 | $-80.9M | $386.0K |
| Q4 25 | 12.2% | -1.2% | ||
| Q3 25 | -3.3% | 8.0% | ||
| Q2 25 | -1.4% | -10.2% | ||
| Q1 25 | -10.0% | 7.1% | ||
| Q4 24 | -2.2% | 31.9% | ||
| Q3 24 | 7.3% | -22.2% | ||
| Q2 24 | 0.6% | -96.1% | ||
| Q1 24 | -10.1% | 5.8% |
| Q4 25 | 1.7% | 1.3% | ||
| Q3 25 | 2.3% | 0.0% | ||
| Q2 25 | 2.1% | 0.7% | ||
| Q1 25 | 2.4% | 0.2% | ||
| Q4 24 | 2.3% | 1.2% | ||
| Q3 24 | 2.9% | 2.1% | ||
| Q2 24 | 2.3% | 0.3% | ||
| Q1 24 | 2.7% | 0.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.04× | — | ||
| Q3 24 | — | -0.11× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.
Revenue Breakdown by Segment
IHRT
| Broadcast Radio | $469.9M | 42% |
| Digital Non Podcast | $212.9M | 19% |
| Tradeand Barter Transactions | $124.4M | 11% |
| Networks | $118.2M | 10% |
| Audio And Media Services Group Segment | $78.9M | 7% |
| Sponsorship And Events | $71.4M | 6% |
| Advertising Trade And Barter Transactions | $23.7M | 2% |
| Other | $22.7M | 2% |
MDIA
| Video Segment | $26.4M | 68% |
| Advertising | $10.0M | 26% |
| Other | $1.7M | 4% |
| Service Other | $536.0K | 1% |
