---
schema_version: "secwatch.filing_event.v1"
accession: "0001400891-23-000036"
form_type: "8-K"
ticker: "IHRT"
cik: "0001400891"
company_name: "iHeartMedia, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T01:21:59.021278+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# iHeartMedia Q2 revenue down 3.6% to $920M; GAAP operating loss $897M from $961M impairment

## Summary
- Adjusted EBITDA of $191M within $180-200M guidance; down from $237M YoY.
- Digital Audio revenue up 3% to $261M; podcast revenue up 13% to $96.7M.
- Multiplatform Group revenue down 6% to $596M on weak broadcast and political ad demand.
- Repurchased $80M principal of 8.375% notes for $57M cash; $430M total since Q2 2022.
- Q3 guidance: revenue decline mid-single digits; Adjusted EBITDA $195-205M.

## SEC filing metadata
- accession: 0001400891-23-000036
- form_type: 8-K
- ticker: IHRT
- cik: 0001400891
- company_name: iHeartMedia, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1400891/000140089123000036/0001400891-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1400891/000140089123000036/ihm-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001400891-23-000036
- JSON: https://secwatch.observer/filing/0001400891-23-000036.json
- Plain text: https://secwatch.observer/filing/0001400891-23-000036.txt

## Key facts
- Earnings Releases
  iHeartMedia, Inc. reported the quarter ended June 30, 2023 results: revenue $920 million, net income GAAP Operating loss of $897 million.
  - Period: the quarter ended June 30, 2023
  - Revenue: $920 million
  - Net income: GAAP Operating loss of $897 million
  - Result: reported results
  source text: – iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended June 30, 2023. Financial Highlights: 1 Q2 2023 Consolidated Results ▪ Q2 Revenue of $920 million, down 3.6%; slightly better than the guidance range of down mid-single digits • Excluding Q2 Political Revenue, Q2 Revenue down 1.8% ▪ GAAP Operating loss of $897 million vs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1400891/000140089123000036/0001400891-23-000036-index.htm

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