iHeartMedia, Inc. IHRT Lease impairment
Lease impairment at other companies
Other financials
Where this comes from
Reported directly by iHeartMedia, Inc. in its filing.
Tagged under the XBRL concept us-gaap:OperatingLeaseImpairmentLoss.
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
The Company tests for impairment of assets whenever events and circumstances indicate that such assets might be impaired. During the three and six months ended June 30, 2026, the Company recognized no non-cash impairment charges. During the three and six months ended June 30, 2025, the Company recognized non-cash impairment charges of $2.6 million and $5.4 million due to changes in sublease assumptions for ROU assets related to certain operating leases for which management has made proactive decisions to abandon and sublease in connection with strategic actions to streamline the Company’s real estate footprint.
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is iHeartMedia, Inc.'s lease impairment?
- iHeartMedia, Inc. (IHRT) reported lease impairment of $0 in Q2 2026.
- How has iHeartMedia, Inc.'s lease impairment changed year-over-year?
- iHeartMedia, Inc.'s lease impairment decreased by 100.0% year-over-year, from $2.6M to $0.
- What is the long-term trend for iHeartMedia, Inc.'s lease impairment?
- Over 4 years (2021 to 2025), iHeartMedia, Inc.'s lease impairment has grown at a -40.6% compound annual growth rate (CAGR), from $44.31M to $5.51M.
- What does lease impairment mean?
- Represents the non-cash charge recognized when the carrying amount of a right-of-use asset exceeds its recoverable value. This metric indicates potential inefficiencies in real estate or equipment utilization and highlights asset value erosion within the operating lease portfolio.
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