---
schema_version: "secwatch.filing_event.v1"
accession: "0001400891-25-000007"
form_type: "8-K"
ticker: "IHRT"
cik: "0001400891"
company_name: "iHeartMedia, Inc."
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T01:27:31.859118+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# iHeartMedia Q4 Adj EBITDA $246M (+18%); completes $4.8B debt exchange

## Summary
- Q4 revenue $1,118M (+4.8% YoY); Adj EBITDA $246M (+18.2%) vs $208M prior year.
- Completed debt exchange of ~$4.8B; maturities extended 3 years; net debt lowest in history at $4.52B.
- Digital Audio revenue $339M (+7%); Podcast revenue $140M (+6%).
- FY2025 guidance: Adj EBITDA ~$770M; Q1 Adj EBITDA $100-110M; revenue low-single digit decline.
- Free cash flow excluding debt exchange costs $111M in Q4; GAAP operating income $105M vs $80M.

## SEC filing metadata
- accession: 0001400891-25-000007
- form_type: 8-K
- ticker: IHRT
- cik: 0001400891
- company_name: iHeartMedia, Inc.
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1400891/000140089125000007/0001400891-25-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1400891/000140089125000007/ihm-20250227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001400891-25-000007
- JSON: https://secwatch.observer/filing/0001400891-25-000007.json
- Plain text: https://secwatch.observer/filing/0001400891-25-000007.txt

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