iHeartMedia Q2 revenue up 4.7% to $977M; podcast revenue up 20.7%

iHeartMedia, Inc.

Consolidated Q2 revenue $977M, up 4.7% YoY; GAAP operating income $35.5M vs $35.4M.
Adjusted EBITDA $151.5M, down 2.9% from $156.1M; net loss $82.5M improved from $84.0M.
Digital Audio revenue $364M (+12.4%), podcast revenue $162M (+20.7%); Multiplatform revenue $536M (-1.6%), segment EBITDA -39.2%.
Guides Q3 EBITDA $180-220M; FY2026 EBITDA ~$800M, FCF ~$200M, net leverage mid-fives.
Extended $450M ABL facility maturity to Jan 30, 2029; announced video podcast marketplace with Netflix and Hulu.

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