Filing Flows › iHeartMedia (IHRT) › Q1 2026
iHeartMedia (IHRT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
iHeartMedia (IHRT) reported revenue of $884M for the first quarter 2026 (Q1 2026), +10% from a year earlier and -22% from the quarter before. Operating margin was 0.2%, net loss $95.6M (10.8% of revenue).
iHeartMedia, Q1 2026: revenue $884M (+10% year over year), operating margin 0.2%, net loss $95.6M, operating cash flow −$92.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $884M | -22% | +10% |
| Operating profit | $1.5M | -98% | — |
| Net earnings | −$95.6M | — | — |
| Operating cash flow | −$92.5M | -159% | — |
What changed
Revenue was $884.2M in Q1 2026, up 10% year over year and down 22% from the previous quarter. Broadcast Radio was the largest line at 41% of revenue. Podcast added $31.2M year over year (up 27%), 40% of the total change. Networks declined 2%.
Operating profit was $1.5M, a 0.2% margin (up 3.3 points year over year). Total costs grew 6% against revenue growth of 10%. The fastest-growing cost line was SG&A (+12%). The quarter ended with a net loss of $95.6M, wider than the previous quarter's $41.3M loss. Net interest and other expense of $96.8M was the main reason.
Operating cash flow was −$92.5M. Non-cash charges added back $81.4M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items used $81.9M. Capital expenditures of $21.9M exceeded it, leaving free cash flow of −$114.5M.
Questions
What was iHeartMedia's revenue in the first quarter 2026?
iHeartMedia (IHRT) reported revenue of $884M for the first quarter 2026 (Q1 2026), +10% from a year earlier and -22% from the quarter before.
Was iHeartMedia profitable in the first quarter 2026?
Operating profit was $1.5M (0.2% of revenue) and net loss $95.6M.
Source: iHeartMedia 10-Q on SEC EDGAR.