iHeartMedia, Inc. Reports Results for 2026 Third Quarter
Business Wire•09/11/2026•16:04 ET
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Key Highlights
- ➤Q3 revenue $1.03 billion, up 3.3% year over year
- ➤GAAP operating income $73 million versus $116 million loss
- ➤Digital Audio revenue $389 million, up 13.8%; podcast revenue up 24.4%
- ➤Multiplatform revenue $562 million, down 4.9%; segment EBITDA down 42.9%
- ➤Full-year 2026 Adjusted EBITDA guided to approximately $550 million-$600 million
Expert Statements
Bob Pittman, Chairman and CEO of iHeartMedia, Inc.
“In the third quarter, our consolidated revenue was $1.03 billion, up 3.3% compared to the prior year quarter; ex political, our consolidated revenue was up 0.9%. We generated Adjusted EBITDA of $170 million. Our Digital Audio Group, led by podcasting, and our Audio and Media Services Group both continued to deliver strong results and profitability.”
Bob Pittman, Chairman and CEO of iHeartMedia, Inc.
“Given the accelerating adoption of audio programmatic, we believe that the continuing rollout of our AudioGraph platform has the potential to meaningfully improve the performance of our broadcast radio business, enabling us to meet the advertising community the way they want to buy advertising.”
Rich Bressler, President and COO of iHeartMedia, Inc.
“While this quarter was negatively impacted by a number of factors, we believe many of our revenue challenges are addressable – and beginning in 2027, we expect to establish podcasting as a separate reporting segment, which will provide greater insight into its financial performance and make it easier to fully value all four of our segments and our entire company.”
iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended September 30, 2026.
* Q3 Revenue of $1,030 million, up 3.3% (Excluding Q3 Political Revenue, Q3 Revenue up 0.9%)
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