Filing Flows › iHeartMedia (IHRT) › Q4 2024
iHeartMedia (IHRT) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 27, 2025
iHeartMedia (IHRT) reported revenue of $1.1B for the fourth quarter 2024 (Q4 2024), +5% from a year earlier and +11% from the quarter before. Operating margin was 9.3%, net earnings $31.9M (2.9% of revenue).
iHeartMedia, Q4 2024: revenue $1.1B (+5% year over year), operating margin 9.3%, net earnings $31.9M, operating cash flow $1.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +11% | +5% |
| Operating profit | $105M | — | — |
| Net earnings | $31.9M | — | — |
| Operating cash flow | $1.2M | -99% | -99% |
What changed
Revenue was $1.1B in Q4 2024, up 5% year over year and up 11% from the previous quarter.
Operating profit was $0.10B, a 9.3% margin (up 1.9 points year over year). Of the extra revenue versus a year earlier, 48% reached operating profit, above the 7% margin then. Total costs grew 3% against revenue growth of 5%. Net earnings were $0.03B, up 140% year over year.
Operating cash flow was $1.2M (down 99% year over year), 4% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.14B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.02B.
Questions
What was iHeartMedia's revenue in the fourth quarter 2024?
iHeartMedia (IHRT) reported revenue of $1.1B for the fourth quarter 2024 (Q4 2024), +5% from a year earlier and +11% from the quarter before.
Was iHeartMedia profitable in the fourth quarter 2024?
Operating profit was $105M (9.3% of revenue) and net earnings $31.9M.
Source: iHeartMedia 10-K on SEC EDGAR.