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iHeartMedia, Inc. IHRT Digital Audio Group — Trade and barter revenues

Other segment segments

Multiplatform Group
$535.6M-1.6%
Audio & Media Services Group
$80.47M+18.8%

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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 us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.

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)Multiplatform GroupDigital Audio GroupAudio & Media Services GroupEliminationsConsolidated
Podcast(5)162,067162,067
Audio & Media Services(6)80,465(1,768)78,697
Other(7)3,7903,790
Total535,599364,08080,465(2,973)977,171
Revenue from leases(8)6868
Revenue, total$535,667$364,080$80,465$(2,973)$977,239
Three Months Ended June 30, 2025
Revenue from contracts with customers:

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is iHeartMedia, Inc.'s digital audio group — trade and barter revenues?
iHeartMedia, Inc. (IHRT) reported digital audio group — trade and barter revenues of $364.08M in Q2 2026.
How has iHeartMedia, Inc.'s digital audio group — trade and barter revenues changed year-over-year?
iHeartMedia, Inc.'s digital audio group — trade and barter revenues increased by 12.4% year-over-year, from $323.86M to $364.08M.
What is the long-term trend for iHeartMedia, Inc.'s digital audio group — trade and barter revenues?
Over 4 years (2021 to 2025), iHeartMedia, Inc.'s digital audio group — trade and barter revenues has grown at a 12.3% compound annual growth rate (CAGR), from $834.48M to $1.33B.
What does digital audio group — trade and barter revenues mean?
Represents revenue generated through non-cash exchange transactions where advertising inventory is traded for goods or services. This metric reflects the segment's ability to monetize airtime or digital space without direct cash inflows, often used to offset operational costs. It is a key indicator of inventory utilization and strategic resource acquisition.

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