iHeartMedia, Inc. (IHRT)

iHeartMedia Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,856	3,855	3,751	3,912	3,558	2,948
Revenue Growth (YoY)	1.39%	2.76%	-4.12%	9.95%	20.70%	-19.96%
Cost of Revenue	1,602	1,589	1,494	1,480	1,325	1,138
Gross Profit	2,254	2,266	2,257	2,432	2,234	1,810
Selling, General & Admin	1,666	1,694	1,656	1,593	1,519	1,395
Other Operating Expenses	3.49	2.77	1.16	25	5.48	4.36
Operating Expenses	2,041	2,106	2,086	2,064	1,994	1,802
Operating Income	212.65	159.57	170.98	368.35	239.43	8.11
Interest Expense	-395.69	-379.43	-389.78	-341.67	-332.38	-343.75
Earnings From Equity Investments	0.06	-2.65	-3.53	-0.01	-1.14	-0.38
Other Non Operating Income (Expenses)	-0.37	-0.93	-0.66	-2.3	-3.38	-7.75
EBT Excluding Unusual Items	-183.34	-223.43	-222.98	24.37	-97.47	-343.76
Merger & Restructuring Charges	-3.9	-	-	-	-	-
Impairment of Goodwill	0.02	-616.09	-595.46	-	-	-
Gain (Loss) on Sale of Investments	-48.65	75.52	-28.13	-1.05	43.64	-9.35
Gain (Loss) on Sale of Assets	-	-	-3.2	-	-26.84	-6.99
Asset Writedown	-210.56	-306.6	-369.63	-311.49	-57.73	-1,739
Other Unusual Items	-98.87	-97.31	56.72	30.21	-11.6	-
Pretax Income	-545.32	-1,168	-1,163	-257.95	-150	-2,099
Income Tax Expense	-146.61	-158.4	-62.34	4.72	8.39	-183.62
Earnings From Continuing Operations	-398.7	-1,009	-1,100	-262.67	-158.39	-1,915
Net Income to Company	-398.7	-1,009	-1,100	-262.67	-158.39	-1,915
Minority Interest in Earnings	-0.77	-0.45	-2.32	-1.99	-0.81	0.52
Net Income	-399.48	-1,010	-1,103	-264.66	-159.2	-1,915
Net Income to Common	-399.48	-1,010	-1,103	-264.66	-159.2	-1,915
Shares Outstanding (Basic)	154	151	149	148	147	146
Shares Outstanding (Diluted)	154	151	149	148	147	146
Shares Change (YoY)	1.90%	1.35%	0.81%	0.91%	0.51%	15.81%
EPS (Basic)	-2.60	-6.68	-7.39	-1.79	-1.09	-13.12
EPS (Diluted)	-2.60	-6.68	-7.39	-1.79	-1.09	-13.12
Free Cash Flow	-150.87	-26.17	110.39	259.11	147.2	130.74
Free Cash Flow Per Share	-0.98	-0.17	0.74	1.75	1.00	0.90
Gross Margin	58.44%	58.78%	60.16%	62.16%	62.77%	61.41%
Operating Margin	5.51%	4.14%	4.56%	9.41%	6.73%	0.27%
Profit Margin	-10.36%	-26.20%	-29.40%	-6.77%	-4.47%	-64.94%
Free Cash Flow Margin	-3.91%	-0.68%	2.94%	6.62%	4.14%	4.44%
EBITDA	583.72	569.16	599.46	814.01	708.85	411.04
EBITDA Margin	15.14%	14.77%	15.98%	20.81%	19.92%	13.94%
D&A For EBITDA	371.06	409.58	428.48	445.66	469.42	402.93
EBIT	212.65	159.57	170.98	368.35	239.43	8.11
EBIT Margin	5.51%	4.14%	4.56%	9.41%	6.73%	0.27%
Advertising Expenses	-	254.9	233.9	166.1	166.1	-

Updated Nov 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q