Filing Flows › iHeartMedia (IHRT) › Q1 2025
iHeartMedia (IHRT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
iHeartMedia (IHRT) reported revenue of $807M for the first quarter 2025 (Q1 2025), +1% from a year earlier and -28% from the quarter before. Operating margin was -3.2%, net loss $281M (34.8% of revenue).
iHeartMedia, Q1 2025: revenue $807M (+1% year over year), operating margin -3.2%, net loss $281M, operating cash flow −$60.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $807M | -28% | +1% |
| Operating profit | −$25.4M | -124% | — |
| Net earnings | −$281M | -980% | — |
| Operating cash flow | −$60.9M | -5128% | — |
What changed
Revenue was $807.1M in Q1 2025, up 1% year over year and down 28% from the previous quarter. Broadcast Radio was the largest line at 42% of revenue. Podcast added $25.4M year over year (up 28%), 315% of the total change. Broadcast Radio declined 5%.
Operating costs exceeded revenue by $25.4M, an operating margin of -3.2%. Total costs fell 0% while revenue rose 1%. The quarter ended with a net loss of $280.9M, after a profit of $31.9M the previous quarter.
Operating cash flow was −$60.9M. Non-cash charges added back $91.9M of depreciation and amortization and $7.5M of share-based compensation. Working capital and other items added $120.6M. Capital expenditures of $19.7M exceeded it, leaving free cash flow of −$80.7M.
Questions
What was iHeartMedia's revenue in the first quarter 2025?
iHeartMedia (IHRT) reported revenue of $807M for the first quarter 2025 (Q1 2025), +1% from a year earlier and -28% from the quarter before.
Was iHeartMedia profitable in the first quarter 2025?
Operating loss was $25.4M (-3.2% of revenue) and net loss $281M.
Source: iHeartMedia 10-Q on SEC EDGAR.