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iHeartMedia, Inc. IHRT Direct operating expenses

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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:DirectOperatingCostsNet.

The official record: iHeartMedia, Inc.’s 10-K, filed March 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is iHeartMedia, Inc.'s direct operating expenses?
iHeartMedia, Inc. (IHRT) reported direct operating expenses of $398.68M in Q4 2025.
How has iHeartMedia, Inc.'s direct operating expenses changed year-over-year?
iHeartMedia, Inc.'s direct operating expenses increased by 1.8% year-over-year, from $391.49M to $398.68M.
What is the long-term trend for iHeartMedia, Inc.'s direct operating expenses?
Over 2 years (2023 to 2025), iHeartMedia, Inc.'s direct operating expenses has grown at a 3.9% compound annual growth rate (CAGR), from $1.48B to $1.59B.
What does direct operating expenses mean?
This metric represents the core costs directly attributable to the production and delivery of media content and advertising services. It encompasses expenses such as content acquisition, broadcast transmission, and production-related labor necessary to generate revenue across multiplatform and digital segments.