---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-033471"
form_type: "8-K"
ticker: "IHRT"
cik: "0001400891"
company_name: "iHeartMedia, Inc."
filed_at: "2026-05-11T20:10:39+00:00"
generated_at: "2026-05-11T22:19:36.150811+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-26-033471
- form_type: 8-K
- ticker: IHRT
- cik: 0001400891
- company_name: iHeartMedia, Inc.
- filed_at: 2026-05-11T20:10:39+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1400891/000162828026033471/0001628280-26-033471-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1400891/000162828026033471/ihm-20260511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-033471
- JSON: https://secwatch.observer/filing/0001628280-26-033471.json
- Plain text: https://secwatch.observer/filing/0001628280-26-033471.txt

## Key facts
- Earnings Releases
  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
  source text: – 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1400891/000162828026033471/0001628280-26-033471-index.htm

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