iHeartMedia Q3 revenue down 1.1% to $997M; GAAP operating loss of $116M on $209M impairment

iHeartMedia, Inc.

2025-Q3 EPS reported -$2.80 revenue$2,737,764,000

GAAP operating loss of $116M vs income of $77M a year ago; includes $209M non-cash FCC license impairment.
Adjusted EBITDA flat at $205M; Digital Audio Group revenue up 14% to $342M; Podcast revenue up 22% to $140M.
Multiplatform Group revenue down 5% to $591M; broadcast revenue fell 4.9% due to lower spot and political revenue.
Q4 guidance: consolidated revenue down low-single digits (ex-political up mid-single digits); Adjusted EBITDA $200-$240M.
Announced new partnerships with Amazon Ads and TikTok to expand audio and creator ecosystem.

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