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Side-by-side financial comparison of iHeartMedia, Inc. (IHRT) and Rithm Capital Corp. (RITM). Click either name above to swap in a different company.
iHeartMedia, Inc. is the larger business by last-quarter revenue ($1.1B vs $828.2M, roughly 1.4× Rithm Capital Corp.). Rithm Capital Corp. runs the higher net margin — 13.2% vs -3.7%, a 16.9% gap on every dollar of revenue. On growth, Rithm Capital Corp. posted the faster year-over-year revenue change (508.5% vs 0.8%). Over the past eight quarters, iHeartMedia, Inc.'s revenue compounded faster (18.8% CAGR vs -17.9%).
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.
Rithm Capital Corp. (Rithm) is an American investment management company headquartered in New York that focuses on real estate and alternative investments.
IHRT vs RITM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $828.2M |
| Net Profit | $-41.9M | $109.5M |
| Gross Margin | — | — |
| Operating Margin | 7.6% | 29.9% |
| Net Margin | -3.7% | 13.2% |
| Revenue YoY | 0.8% | 508.5% |
| Net Profit YoY | -233.1% | 27.7% |
| EPS (diluted) | $-0.25 | $0.12 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $828.2M | ||
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $997.0M | $1.1B | ||
| Q2 25 | $933.7M | $1.2B | ||
| Q1 25 | $807.1M | $768.4M | ||
| Q4 24 | $1.1B | $2.1B | ||
| Q3 24 | $1.0B | $619.5M | ||
| Q2 24 | $929.1M | $1.2B |
| Q1 26 | — | $109.5M | ||
| Q4 25 | $-41.9M | $85.0M | ||
| Q3 25 | $-66.3M | $221.5M | ||
| Q2 25 | $-83.5M | $311.7M | ||
| Q1 25 | $-281.2M | $78.8M | ||
| Q4 24 | $31.5M | $290.2M | ||
| Q3 24 | $-41.3M | $121.7M | ||
| Q2 24 | $-981.7M | $235.6M |
| Q1 26 | — | 29.9% | ||
| Q4 25 | 7.6% | 13.8% | ||
| Q3 25 | -11.7% | 21.4% | ||
| Q2 25 | 3.8% | 25.2% | ||
| Q1 25 | -3.2% | 7.4% | ||
| Q4 24 | 9.3% | 23.8% | ||
| Q3 24 | 7.6% | 7.3% | ||
| Q2 24 | -97.9% | 23.6% |
| Q1 26 | — | 13.2% | ||
| Q4 25 | -3.7% | 5.7% | ||
| Q3 25 | -6.6% | 20.0% | ||
| Q2 25 | -8.9% | 25.6% | ||
| Q1 25 | -34.8% | 10.3% | ||
| Q4 24 | 2.8% | 14.0% | ||
| Q3 24 | -4.1% | 19.7% | ||
| Q2 24 | -105.7% | 19.2% |
| Q1 26 | — | $0.12 | ||
| Q4 25 | $-0.25 | $0.09 | ||
| Q3 25 | $-0.43 | $0.35 | ||
| Q2 25 | $-0.54 | $0.53 | ||
| Q1 25 | $-1.84 | $0.07 | ||
| Q4 24 | $0.21 | $0.50 | ||
| Q3 24 | $-0.27 | $0.20 | ||
| Q2 24 | $-6.50 | $0.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $270.9M | — |
| Total DebtLower is stronger | $5.1B | — |
| Stockholders' EquityBook value | $-1.8B | $9.1B |
| Total Assets | $5.1B | $53.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $270.9M | $1.8B | ||
| Q3 25 | $192.2M | $1.6B | ||
| Q2 25 | $235.9M | $1.6B | ||
| Q1 25 | $167.7M | $1.5B | ||
| Q4 24 | $259.6M | $1.5B | ||
| Q3 24 | $431.8M | $1.6B | ||
| Q2 24 | $364.7M | $1.2B |
| Q1 26 | — | — | ||
| Q4 25 | $5.1B | $35.4B | ||
| Q3 25 | $5.1B | $32.2B | ||
| Q2 25 | $5.1B | $31.2B | ||
| Q1 25 | $5.1B | $32.2B | ||
| Q4 24 | $5.1B | $32.6B | ||
| Q3 24 | $5.2B | $29.6B | ||
| Q2 24 | $5.2B | $30.1B |
| Q1 26 | — | $9.1B | ||
| Q4 25 | $-1.8B | $8.4B | ||
| Q3 25 | $-1.8B | $8.5B | ||
| Q2 25 | $-1.7B | $7.9B | ||
| Q1 25 | $-1.6B | $7.8B | ||
| Q4 24 | $-1.4B | $7.8B | ||
| Q3 24 | $-1.4B | $7.7B | ||
| Q2 24 | $-1.4B | $7.3B |
| Q1 26 | — | $53.4B | ||
| Q4 25 | $5.1B | $53.1B | ||
| Q3 25 | $5.1B | $47.2B | ||
| Q2 25 | $5.4B | $44.3B | ||
| Q1 25 | $5.3B | $45.3B | ||
| Q4 24 | $5.6B | $46.0B | ||
| Q3 24 | $5.8B | $42.3B | ||
| Q2 24 | $5.8B | $42.0B |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.20× | ||
| Q3 25 | — | 3.79× | ||
| Q2 25 | — | 3.92× | ||
| Q1 25 | — | 4.14× | ||
| Q4 24 | — | 4.18× | ||
| Q3 24 | — | 3.87× | ||
| Q2 24 | — | 4.10× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $156.3M | — |
| Free Cash FlowOCF − Capex | $137.6M | — |
| FCF MarginFCF / Revenue | 12.2% | — |
| Capex IntensityCapex / Revenue | 1.7% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $10.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $156.3M | $-114.6M | ||
| Q3 25 | $-9.5M | $-2.0B | ||
| Q2 25 | $6.8M | $-557.1M | ||
| Q1 25 | $-60.9M | $1.4B | ||
| Q4 24 | $1.2M | $-1.8B | ||
| Q3 24 | $102.8M | $768.1M | ||
| Q2 24 | $26.7M | $-55.7M |
| Q1 26 | — | — | ||
| Q4 25 | $137.6M | — | ||
| Q3 25 | $-32.8M | — | ||
| Q2 25 | $-13.2M | — | ||
| Q1 25 | $-80.7M | — | ||
| Q4 24 | $-24.2M | — | ||
| Q3 24 | $73.3M | — | ||
| Q2 24 | $5.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | 12.2% | — | ||
| Q3 25 | -3.3% | — | ||
| Q2 25 | -1.4% | — | ||
| Q1 25 | -10.0% | — | ||
| Q4 24 | -2.2% | — | ||
| Q3 24 | 7.3% | — | ||
| Q2 24 | 0.6% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.7% | — | ||
| Q3 25 | 2.3% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 2.9% | — | ||
| Q2 24 | 2.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | -1.35× | ||
| Q3 25 | — | -9.22× | ||
| Q2 25 | — | -1.79× | ||
| Q1 25 | — | 18.03× | ||
| Q4 24 | 0.04× | -6.04× | ||
| Q3 24 | — | 6.31× | ||
| Q2 24 | — | -0.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
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% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
