Filing Flows › iHeartMedia (IHRT) › Q2 2025
iHeartMedia (IHRT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 11, 2025
iHeartMedia (IHRT) reported revenue of $934M for the second quarter 2025 (Q2 2025), +0.5% from a year earlier and +16% from the quarter before. Operating margin was 3.8%, net loss $84.0M (9.0% of revenue).
iHeartMedia, Q2 2025: revenue $934M (+0.5% year over year), operating margin 3.8%, net loss $84.0M, operating cash flow $6.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $934M | +16% | +0.5% |
| Operating profit | $35.4M | — | — |
| Net earnings | −$84.0M | — | — |
| Operating cash flow | $6.8M | — | -74% |
What changed
Revenue was $933.7M in Q2 2025, roughly flat year over year and up 16% from the previous quarter. Broadcast Radio was the largest line at 42% of revenue. Podcast added $29.8M year over year (up 28%), 653% of the total change. Broadcast Radio declined 7%.
Operating profit was $35.4M, a 3.8% margin (up 101.7 points year over year). Total costs fell 51% while revenue was flat. The quarter ended with a net loss of $84.0M, narrower than the previous quarter's $280.9M loss. Net interest and other expense of $101.1M was the main reason.
Operating cash flow was $6.8M (down 74% year over year). Non-cash charges added back $90.4M of depreciation and amortization and $4.7M of share-based compensation. Working capital and other items used $4.2M. Capital expenditures of $20.0M exceeded it, leaving free cash flow of −$13.2M.
Questions
What was iHeartMedia's revenue in the second quarter 2025?
iHeartMedia (IHRT) reported revenue of $934M for the second quarter 2025 (Q2 2025), +0.5% from a year earlier and +16% from the quarter before.
Was iHeartMedia profitable in the second quarter 2025?
Operating profit was $35.4M (3.8% of revenue) and net loss $84.0M.
Source: iHeartMedia 10-Q on SEC EDGAR.