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iHeartMedia, Inc. IHRT Audio and Media Services — Trade and barter revenues

Other product segments

Broadcast Radio
$361.44M+6.1%
Digital, excluding Podcast
$178.74M+11.6%
Podcast
$147.19M+26.9%
Networks
$97.25M-2.2%
Sponsorship and Events
$27.99M-2.2%
Other
$6.72M+65.1%

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Other financials

Income statement

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Revenue$884.2M+9.6%
Operating income$1.5M+106%
Net income-$95.2M+66.1%
EPS (diluted)-$0.61+66.8%

Balance sheet

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Cash & equivalents$135.1M-19.5%
Total debt$5.8B-1.1%
Total assets$4.9B-7.2%

Cash flow

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Operating cash flow-$92.5M-51.8%
CapEx$21.9M+11.1%
Free cash flow-$114.5M-41.9%

Valuation

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Market cap$621.24M+130%
Enterprise value$6.25B+5.4%
P/S0.2×+0.1×

Profitability

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Operating margin-18.5%-18.7pp
Net margin-7.3%-3.2pp
FCF margin-0.6%

Returns & leverage

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Debt / equity2.4×
Current ratio1.5×-0.1×

Where this comes from

Reported directly by iHeartMedia, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.

The official record: iHeartMedia, Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is iHeartMedia, Inc.'s audio and media services — trade and barter revenues?
iHeartMedia, Inc. (IHRT) reported audio and media services — trade and barter revenues of $64.81M in Q1 2026.
How has iHeartMedia, Inc.'s audio and media services — trade and barter revenues changed year-over-year?
iHeartMedia, Inc.'s audio and media services — trade and barter revenues increased by 11.8% year-over-year, from $57.97M to $64.81M.
What is the long-term trend for iHeartMedia, Inc.'s audio and media services — trade and barter revenues?
Over 4 years (2021 to 2025), iHeartMedia, Inc.'s audio and media services — trade and barter revenues has grown at a 2.5% compound annual growth rate (CAGR), from $241.36M to $266.85M.
What does audio and media services — trade and barter revenues mean?
This metric represents revenue generated by the Audio and Media Services segment through the exchange of goods or services rather than cash transactions. It reflects the company's ability to monetize inventory, such as advertising airtime, by trading it for other valuable assets or services. Analyzing this trend provides insight into the segment's alternative revenue generation strategies and inventory utilization.