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Side-by-side financial comparison of iHeartMedia, Inc. (IHRT) and SCANSOURCE, INC. (SCSC). Click either name above to swap in a different company.
iHeartMedia, Inc. is the larger business by last-quarter revenue ($1.1B vs $766.5M, roughly 1.5× SCANSOURCE, INC.). SCANSOURCE, INC. runs the higher net margin — 2.2% vs -3.7%, a 5.9% gap on every dollar of revenue. On growth, SCANSOURCE, INC. posted the faster year-over-year revenue change (2.5% vs 0.8%). iHeartMedia, Inc. produced more free cash flow last quarter ($137.6M vs $28.9M). Over the past eight quarters, iHeartMedia, Inc.'s revenue compounded faster (18.8% CAGR vs 0.9%).
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.
ScanSource, Inc. is a leading global specialty technology distributor offering a broad portfolio of solutions including point-of-sale systems, barcode scanning tools, cybersecurity products, cloud services and communication solutions. It primarily serves value-added resellers, managed service providers and enterprise clients across North America, Latin America and Europe, covering retail, healthcare, industrial and public sector core segments.
IHRT vs SCSC — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $766.5M |
| Net Profit | $-41.9M | $16.5M |
| Gross Margin | — | 13.4% |
| Operating Margin | 7.6% | 2.3% |
| Net Margin | -3.7% | 2.2% |
| Revenue YoY | 0.8% | 2.5% |
| Net Profit YoY | -233.1% | -3.3% |
| EPS (diluted) | $-0.25 | $0.75 |
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.
| Q4 25 | $1.1B | $766.5M | ||
| Q3 25 | $997.0M | $739.6M | ||
| Q2 25 | $933.7M | $812.9M | ||
| Q1 25 | $807.1M | $704.8M | ||
| Q4 24 | $1.1B | $747.5M | ||
| Q3 24 | $1.0B | $775.6M | ||
| Q2 24 | $929.1M | $746.1M | ||
| Q1 24 | $799.0M | $752.6M |
| Q4 25 | $-41.9M | $16.5M | ||
| Q3 25 | $-66.3M | $19.9M | ||
| Q2 25 | $-83.5M | $20.1M | ||
| Q1 25 | $-281.2M | $17.4M | ||
| Q4 24 | $31.5M | $17.1M | ||
| Q3 24 | $-41.3M | $17.0M | ||
| Q2 24 | $-981.7M | $16.1M | ||
| Q1 24 | $-18.5M | $12.8M |
| Q4 25 | — | 13.4% | ||
| Q3 25 | — | 14.5% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 13.1% | ||
| Q2 24 | — | 13.0% | ||
| Q1 24 | — | 12.6% |
| Q4 25 | 7.6% | 2.3% | ||
| Q3 25 | -11.7% | 3.5% | ||
| Q2 25 | 3.8% | 3.3% | ||
| Q1 25 | -3.2% | 3.2% | ||
| Q4 24 | 9.3% | 2.5% | ||
| Q3 24 | 7.6% | 2.3% | ||
| Q2 24 | -97.9% | 2.9% | ||
| Q1 24 | -4.3% | 2.3% |
| Q4 25 | -3.7% | 2.2% | ||
| Q3 25 | -6.6% | 2.7% | ||
| Q2 25 | -8.9% | 2.5% | ||
| Q1 25 | -34.8% | 2.5% | ||
| Q4 24 | 2.8% | 2.3% | ||
| Q3 24 | -4.1% | 2.2% | ||
| Q2 24 | -105.7% | 2.2% | ||
| Q1 24 | -2.3% | 1.7% |
| Q4 25 | $-0.25 | $0.75 | ||
| Q3 25 | $-0.43 | $0.89 | ||
| Q2 25 | $-0.54 | $0.87 | ||
| Q1 25 | $-1.84 | $0.74 | ||
| Q4 24 | $0.21 | $0.70 | ||
| Q3 24 | $-0.27 | $0.69 | ||
| Q2 24 | $-6.50 | $0.66 | ||
| Q1 24 | $-0.12 | $0.50 |
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 | $83.5M |
| Total DebtLower is stronger | $5.1B | — |
| Stockholders' EquityBook value | $-1.8B | $910.9M |
| Total Assets | $5.1B | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $270.9M | $83.5M | ||
| Q3 25 | $192.2M | $124.9M | ||
| Q2 25 | $235.9M | $126.2M | ||
| Q1 25 | $167.7M | $146.3M | ||
| Q4 24 | $259.6M | $110.5M | ||
| Q3 24 | $431.8M | $145.0M | ||
| Q2 24 | $364.7M | $185.5M | ||
| Q1 24 | $361.4M | $159.1M |
| 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 | $910.9M | ||
| Q3 25 | $-1.8B | $914.0M | ||
| Q2 25 | $-1.7B | $906.4M | ||
| Q1 25 | $-1.6B | $901.7M | ||
| Q4 24 | $-1.4B | $900.7M | ||
| Q3 24 | $-1.4B | $920.9M | ||
| Q2 24 | $-1.4B | $924.3M | ||
| Q1 24 | $-398.6M | $944.1M |
| Q4 25 | $5.1B | $1.7B | ||
| Q3 25 | $5.1B | $1.7B | ||
| Q2 25 | $5.4B | $1.8B | ||
| Q1 25 | $5.3B | $1.7B | ||
| Q4 24 | $5.6B | $1.7B | ||
| Q3 24 | $5.8B | $1.8B | ||
| Q2 24 | $5.8B | $1.8B | ||
| Q1 24 | $6.8B | $1.8B |
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 | $30.8M |
| Free Cash FlowOCF − Capex | $137.6M | $28.9M |
| FCF MarginFCF / Revenue | 12.2% | 3.8% |
| Capex IntensityCapex / Revenue | 1.7% | 0.3% |
| Cash ConversionOCF / Net Profit | — | 1.87× |
| TTM Free Cash FlowTrailing 4 quarters | $10.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $156.3M | $30.8M | ||
| Q3 25 | $-9.5M | $23.2M | ||
| Q2 25 | $6.8M | — | ||
| Q1 25 | $-60.9M | $66.1M | ||
| Q4 24 | $1.2M | $-6.2M | ||
| Q3 24 | $102.8M | $44.8M | ||
| Q2 24 | $26.7M | — | ||
| Q1 24 | $-59.3M | $160.2M |
| Q4 25 | $137.6M | $28.9M | ||
| Q3 25 | $-32.8M | $20.8M | ||
| Q2 25 | $-13.2M | — | ||
| Q1 25 | $-80.7M | $64.6M | ||
| Q4 24 | $-24.2M | $-8.2M | ||
| Q3 24 | $73.3M | $42.5M | ||
| Q2 24 | $5.6M | — | ||
| Q1 24 | $-80.9M | $157.7M |
| Q4 25 | 12.2% | 3.8% | ||
| Q3 25 | -3.3% | 2.8% | ||
| Q2 25 | -1.4% | — | ||
| Q1 25 | -10.0% | 9.2% | ||
| Q4 24 | -2.2% | -1.1% | ||
| Q3 24 | 7.3% | 5.5% | ||
| Q2 24 | 0.6% | — | ||
| Q1 24 | -10.1% | 21.0% |
| Q4 25 | 1.7% | 0.3% | ||
| Q3 25 | 2.3% | 0.3% | ||
| Q2 25 | 2.1% | 0.3% | ||
| Q1 25 | 2.4% | 0.2% | ||
| Q4 24 | 2.3% | 0.3% | ||
| Q3 24 | 2.9% | 0.3% | ||
| Q2 24 | 2.3% | 0.2% | ||
| Q1 24 | 2.7% | 0.3% |
| Q4 25 | — | 1.87× | ||
| Q3 25 | — | 1.17× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 3.79× | ||
| Q4 24 | 0.04× | -0.36× | ||
| Q3 24 | — | 2.64× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 12.51× |
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% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
