Filing Flows › iHeartMedia (IHRT) › Q1 2026 › vs Q4 2025
iHeartMedia (IHRT) Q1 2026 vs Q4 2025 (quarter over quarter)
iHeartMedia's revenue fell $243M (-22%) from $1.1B in Q4 2025 to $884M in Q1 2026. The biggest changes: Broadcast Radio −$108M (-23%); Sponsorship and Events −$43.4M (-61%); Digital, excluding Podcast −$32.7M (-15%).
iHeartMedia, Q1 2026: revenue $884M (+10% year over year), operating margin 0.2%, net loss $95.6M, operating cash flow −$92.5M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Broadcast Radio | $361M | $470M | −$108M | -23% |
| Digital, excluding Podcast | $179M | $211M | −$32.7M | -15% |
| Podcast | $147M | $174M | −$26.5M | -15% |
| Networks | $97.2M | $118M | −$21.0M | -18% |
| Audio and Media Services | $64.8M | $77.3M | −$12.5M | -16% |
| Sponsorship and Events | $28.0M | $71.4M | −$43.4M | -61% |
| Other | $6.7M | $5.2M | $1.5M | +30% |
| Revenue | $884M | $1.1B | −$243M | -22% |
| Net loss | $95.6M | $41.3M | $54.4M | +132% |
| Costs & expenses | $980M | $1.2B | −$189M | -16% |
| Operating costs | $883M | $1.0B | −$159M | -15% |
| Interest & other, net | $96.8M | $117M | −$19.9M | -17% |
| Income tax | $289K | $10.2M | −$9.9M | -97% |
| SG&A | $426M | $479M | −$53.1M | -11% |
| Other operating costs | $457M | $562M | −$106M | -19% |
| Operating cash sources | $178M | −$65.1M | $243M | — |
| Depreciation & amortization | $81.4M | $87.7M | −$6.3M | -7% |
| Share-based compensation | $3.6M | $3.4M | $184K | +5% |
| Cash used in operations | $92.5M | −$156M | $249M | — |
| Net loss absorbed | $95.6M | $41.3M | $54.4M | +132% |
| Working capital & other | $81.9M | −$106M | $188M | — |
Questions
How much did iHeartMedia's revenue grow quarter over quarter in Q1 2026?
iHeartMedia's revenue fell $243M (-22%) from $1.1B in Q4 2025 to $884M in Q1 2026.
What drove iHeartMedia's revenue change in Q1 2026?
Broadcast Radio −$108M (-23%); Sponsorship and Events −$43.4M (-61%); Digital, excluding Podcast −$32.7M (-15%).