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iHeartMedia (IHRT) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 10, 2026

iHeartMedia (IHRT) reported revenue of $977M for the second quarter 2026 (Q2 2026), +5% from a year earlier and +11% from the quarter before. Operating margin was 3.6%, net loss $82.5M (8.4% of revenue).

Revenue$977M
Year over year+5%
Quarter over quarter+11%
Operating margin3.6%
Net earnings−$82.5M

iHeartMedia, Q2 2026: revenue $977M (+5% year over year), operating margin 3.6%, net loss $82.5M, operating cash flow $64.9M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$977M+11%+5%
Operating profit$35.5M24×+0.4%
Net earnings−$82.5M——
Operating cash flow$64.9M—+851%
Free cash flow$46.0M——

What changed

Revenue was $977.2M in Q2 2026, up 5% year over year and up 11% from the previous quarter. Broadcast Radio was the largest line at 41% of revenue. Podcast added $27.8M year over year (up 21%), 64% of the total change. Sponsorship and Events declined 16%.

Operating profit was $35.5M, a 3.6% margin (down 0.2 points year over year). Of the extra revenue versus Q2 2025, 0% reached operating profit, below the 4% margin then. Total costs grew 5% against revenue growth of 5%. The fastest-growing cost line was SG&A (+12%). The quarter ended with a net loss of $82.5M, narrower than the previous quarter's $95.6M loss. Net interest and other expense of $98.1M was the main reason.

Operating cash flow was $64.9M (up 851% year over year). Non-cash charges added back $78.3M of depreciation and amortization and $5.3M of share-based compensation. Working capital and other items added $63.8M. After purchases of property, plant and equipment ($18.9M), free cash flow as the company reports it was $46.0M.

Questions

What was iHeartMedia's revenue in the second quarter 2026?

iHeartMedia (IHRT) reported revenue of $977M for the second quarter 2026 (Q2 2026), +5% from a year earlier and +11% from the quarter before.

Was iHeartMedia profitable in the second quarter 2026?

Operating profit was $35.5M (3.6% of revenue) and net loss $82.5M.

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Source: iHeartMedia 10-Q on SEC EDGAR.