iHeartMedia, Inc. (IHRT) Form 8-K — Aug 10, 2026
iHeartMedia reported Q2 2026 revenue of $977 million, up 4.7% year over year, with GAAP operating income of $35.5 million and a net loss of $82.5 million. Adjusted EBITDA of $152 million came in slightly above the midpoint of guidance despite falling 2.9% from a year ago. The digital-versus-broadcast split widened. Digital Audio Group revenue rose 12.4% to $364 million on 20.7% podcast growth with a 33.8% EBITDA margin, while Multiplatform Group Adjusted EBITDA fell 39.2% to $58.6 million as advertisers turned cautious on consumer spending.
Key figures
- Revenue
- 977239000
- Guidance
- Q3 2026: consolidated revenue expected up mid-single digits, Adjusted EBITDA approximately $180-220 million. Full year 2026: Adjusted EBITDA approximately $800 million, Free Cash Flow approximately $200 million, minimal cash taxes, $125 million in-year cost savings, total programmatic revenue approximately $200 million (up ~50%), year-end net leverage in mid-fives.
- Total Debt
- 5043019000
- Revenue Yoy
- 4.7%
- Cash Position
- 174442000
- Net Debt
- 4651320000
- Free Cash Flow
- 45954000
- Adjusted Ebitda
- 151523000
- Podcast Revenue
- 162067000
- Abl Facility Size
- 450000000
- Operating Income
- 35504000
- Adjusted Ebitda Yoy
- -2.9%
- Podcast Revenue Yoy
- 20.7%
- Cash From Operations
- 64883000
- Abl Maturity Extension
- extended from May 17, 2027 to January 30, 2029 (closed August 7, 2026)
- Digital Audio Revenue Yoy
- 12.4%
- Multiplatform Ebitda Yoy
- -39.2%
- Multiplatform Revenue Yoy
- -1.6%
- Total Available Liquidity
- 457200000
- Digital Audio Ebitda Margin
- 33.8%
- Digital Audio Group Revenue
- 364080000
- Audio Media Services Revenue
- 80465000
- Digital Audio Segment Ebitda
- 123176000
- Multiplatform Group Revenue
- 535667000
- Multiplatform Segment Ebitda
- 58609000
Price after filing
Close on the filing date to close N calendar days later (from $3.86). Historical, not a forecast.
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