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iHeartMedia, Inc. IHRT Digital Audio Group — Segment Adjusted EBITDA

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Multiplatform Group
$58.61M-39.2%
Audio & Media Services Group
$36.66M+54.6%

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Other financials

Income statement

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Revenue$977.2M+4.7%
Operating income$35.5M+0.4%
Net income-$82.4M+1.3%
EPS (diluted)-$0.52+3.7%

Balance sheet

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Cash & equivalents$174.4M-26.1%
Total debt$5.8B-2.3%
Total assets$4.9B-9.8%

Cash flow

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Operating cash flow-$92.5M-51.8%
CapEx$18.9M-5.3%
Free cash flow-$114.5M-41.9%

Valuation

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Market cap$583.45M+142%
Enterprise value$6.17B+4.6%
P/S0.2×+0.1×

Profitability

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Operating margin-18.5%-18.7pp
Net margin-7.2%-1.7pp
FCF margin-0.6%

Returns & leverage

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

Where this comes from

Reported directly by iHeartMedia, Inc. in its filing.

Tagged under the XBRL concept ihrt:AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization.

The source filing: iHeartMedia, Inc.’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:18 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-055252
(In thousands)Three Months Ended June 30, 2026 / Multiplatform GroupThree Months Ended June 30, 2026 / Digital Audio GroupThree Months Ended June 30, 2026 / Audio & Media Services Group
Revenue$535,667$364,080$80,465
Direct operating expenses(1)204,422183,2808,060
Selling, general and administrative expenses(2)272,63657,62435,742
Segment Adjusted EBITDA$58,609$123,176$36,663

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is iHeartMedia, Inc.'s digital audio group — segment adjusted EBITDA?
iHeartMedia, Inc. (IHRT) reported digital audio group — segment adjusted EBITDA of $123.18M in Q2 2026.
How has iHeartMedia, Inc.'s digital audio group — segment adjusted EBITDA changed year-over-year?
iHeartMedia, Inc.'s digital audio group — segment adjusted EBITDA increased by 14.5% year-over-year, from $107.61M to $123.18M.
What is the long-term trend for iHeartMedia, Inc.'s digital audio group — segment adjusted EBITDA?
Over 4 years (2021 to 2025), iHeartMedia, Inc.'s digital audio group — segment adjusted EBITDA has grown at a 15.1% compound annual growth rate (CAGR), from $260.65M to $456.69M.
What does digital audio group — segment adjusted EBITDA mean?
A non-GAAP measure of the digital audio segment's operating performance, calculated by adjusting segment earnings for interest, taxes, depreciation, amortization, and other non-recurring items. It provides a clear view of the segment's core cash-generating capability by removing non-cash and non-operational expenses. This is the primary metric used to evaluate segment-level profitability and operational health.

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