iHeartMedia Q1 FY26 operating income turns positive; revenue rises 9.6% to $884 million

IHEARTMEDIA INC

IHEARTMEDIA INC

IHRT

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  • iHeartMedia posted Q1 revenue of USD 884 million, up 9.6% year over year; operating income turned positive at USD 1.5 million from an operating loss a year earlier.
  • Net loss narrowed to USD 95.6 million; consolidated adjusted EBITDA fell 11.4% to USD 93 million.
  • Digital Audio Group revenue climbed 18% to USD 327 million, led by podcast revenue up 27% to USD 147 million; Multiplatform Group revenue rose 4% to USD 493 million while segment adjusted EBITDA dropped 33% to USD 47 million.
  • Cash used for operating activities was USD 93 million; free cash flow was negative USD 114 million, with cash and total available liquidity of USD 135 million and USD 495 million as of March 31.
  • Guidance calls for Q2 adjusted EBITDA of about USD 140 million to USD 160 million; full-year adjusted EBITDA expected at about USD 800 million with free cash flow of about USD 200 million, alongside a new USD 50 million annualized cost-savings program starting in second-half 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. iHeartMedia Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260511429733) on May 11, 2026, and is solely responsible for the information contained therein.