iHeartMedia Q1 revenue up 9.6% to $884M; Adj EBITDA down 11% to $93M; reaffirms FY Adj EBITDA ~$800M

iHeartMedia, Inc.

2026-Q1 EPS reported -$0.61 revenue$884,200,000

GAAP operating income of $1.5M vs loss of $25M a year ago; net loss $95.6M vs $280.9M.
Digital Audio revenue $327M (+18%), podcast revenue $147M (+27%). Multiplatform revenue $493M (+4%) but segment EBITDA down 33%.
Q2 2026 guidance: Adj EBITDA $140M-$160M. FY 2026: Adj EBITDA ~$800M, FCF ~$200M, minimal cash taxes.
New $50M annualized cost savings program starting H2 2026; total in-year 2026 savings now $150M.
Net debt $4.67B; net leverage target mid-fives by year-end 2026.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

iHeartMedia, Inc. reported the quarter ended March 31, 2026 results: revenue $884 million, net income $1.5 million. Guidance reaffirmed.

Period: the quarter ended March 31, 2026
Revenue: $884 million
Net income: $1.5 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

– iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended March 31, 2026. Financial Highlights: 1 Q1 2026 Consolidated Results ▪ Q1 Revenue of $884 million, up 9.6% (Excluding Q1 Political Revenue, Q1 Revenue up 9.3%) ▪ GAAP Operating income of $1.5 million, compared to a GAAP Operating loss of $25 million in Q1 2025, improvement of

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Source: SEC EDGAR

accession 0001628280-26-033471

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