---
schema_version: "secwatch.filing_event.v1"
accession: "0001400891-23-000006"
form_type: "8-K"
ticker: "IHRT"
cik: "0001400891"
company_name: "iHeartMedia, Inc."
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T21:39:28.785346+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# iHeartMedia Q4 rev rises 6% to $1.126B; FY rev record $3.912B; Q1 Adj EBITDA guidance $80-90M

## Summary
- Q4 revenue $1.126B, up 6% YoY, at high end of guidance; Digital Audio Group revenue up 10% with podcast up 17%.
- Full year revenue $3.912B, up 10%, highest in company history; Adjusted EBITDA $950M, second highest.
- Q1 2023 guidance: consolidated revenue expected to decrease mid-single digits; Adjusted EBITDA $80-90M.
- Repurchased $141M principal of 8.375% Senior Unsecured Notes for $126M cash; expects $12M annual interest savings.
- Net debt $5.08B; no material debt maturities before 2026.

## SEC filing metadata
- accession: 0001400891-23-000006
- form_type: 8-K
- ticker: IHRT
- cik: 0001400891
- company_name: iHeartMedia, Inc.
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1400891/000140089123000006/0001400891-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1400891/000140089123000006/ihm-20230228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001400891-23-000006
- JSON: https://secwatch.observer/filing/0001400891-23-000006.json
- Plain text: https://secwatch.observer/filing/0001400891-23-000006.txt

## Key facts
- Earnings Releases
  iHeartMedia, Inc. reported the year ended December 31, 2022 results: revenue $3,912 million. Guidance initiated.
  - Period: the year ended December 31, 2022
  - Revenue: $3,912 million
  - Guidance: initiated
  - Result: reported results
  source text: Revenue of $3,912 million, up 10%; excluding political Revenue, Revenue increased 7%, driven by growth across Digital Audio Group and Multiplatform Group
  evidence_url: https://www.sec.gov/Archives/edgar/data/1400891/000140089123000006/0001400891-23-000006-index.htm
- Earnings Releases
  iHeartMedia, Inc. reported the quarter ended December 31, 2022 results: revenue $1,126 million. Guidance initiated.
  - Period: the quarter ended December 31, 2022
  - Revenue: $1,126 million
  - Guidance: initiated
  - Result: reported results
  source text: Q4 Revenue of $1,126 million, up 6%; at high end of guidance of up approximately 2%-6%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1400891/000140089123000006/0001400891-23-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.