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iHeartMedia, Inc. IHRT Digital Audio Group — Direct operating expenses

Other segment segments

Multiplatform Group
$199.53M-0.1%
Audio & Media Services Group
$6.2M-12.5%

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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 ihrt:DirectOperatingExpensesAdjusted.

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 digital audio group — direct operating expenses?
iHeartMedia, Inc. (IHRT) reported digital audio group — direct operating expenses of $170.1M in Q1 2026.
How has iHeartMedia, Inc.'s digital audio group — direct operating expenses changed year-over-year?
iHeartMedia, Inc.'s digital audio group — direct operating expenses increased by 16.6% year-over-year, from $145.92M to $170.1M.
What is the long-term trend for iHeartMedia, Inc.'s digital audio group — direct operating expenses?
Over 3 years (2022 to 2025), iHeartMedia, Inc.'s digital audio group — direct operating expenses has grown at a 7.1% compound annual growth rate (CAGR), from $533.81M to $655.04M.
What does digital audio group — direct operating expenses mean?
Costs directly attributable to the production and delivery of digital audio content, including content acquisition, royalties, and technical distribution costs. This metric is critical for evaluating the segment's gross margin and the efficiency of its content delivery model. It helps investors understand the variable cost structure required to scale digital operations.