What is Iheartmedia Inc's earnings per share (EPS)?

Iheartmedia Inc (IHRT) reported diluted earnings per share of $-3.06 for fiscal year 2025. This represents a 54.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Iheartmedia Inc Financials

IHRT

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Iheartmedia Inc (IHRT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI IHRT FY2025 2026-05-11

A near-breakeven operating reset is emerging, but a debt-heavy balance sheet still absorbs most of the benefit.

With sales essentially unchanged between the last two years, operating margin improved from -19.8% to -0.5%, so the earnings rebound came from a lighter operating cost burden rather than stronger demand. EBITDA turned positive, yet free cash flow was only $11M, meaning the turnaround has reached reported earnings faster than it has created discretionary cash after the business funds itself.

The company still shows short-term liquidity: cash ended at $271M and the current ratio was 1.5x, which suggests near-term obligations are more manageable than the headline loss might imply. The tighter constraint is capital structure, because long-term debt remained near $5.0B while equity stayed negative, leaving little balance-sheet flexibility if operating conditions soften again.

Across the last three years, operating cash flow stayed positive even when net losses were severe, which usually signals that non-cash charges are doing much of the damage to accounting earnings. But routine reinvestment kept consuming a large share of that cash, so the business still needs steady internal cash generation just to stop leverage from feeling heavier.

Financial Health Signals

Financial Profile 15/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Iheartmedia Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Iheartmedia Inc has an operating margin of -0.5%, meaning the company retains $-1 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -19.8% the prior year.

Growth

Iheartmedia Inc's revenue grew a modest 0.3% year-over-year to $3.9B. This slow but positive growth earns a score of 36/100.

Leverage

Iheartmedia Inc has elevated debt relative to equity (D/E of -2.73), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Liquidity

Iheartmedia Inc's current ratio of 1.51 is below the typical benchmark, resulting in a score of 26/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

While Iheartmedia Inc generated $92.6M in operating cash flow, capex of $81.7M consumed most of it, leaving $10.9M in free cash flow. This results in a low score of 26/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Neutral

4/9

Iheartmedia Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Mixed

-0.20x

For every $1 of reported earnings, Iheartmedia Inc generates $-0.20 in operating cash flow ($92.6M OCF vs -$472.9M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

$3.9B

YoY+0.3%

5Y CAGR+5.6%

10Y CAGR-4.7%

Iheartmedia Inc generated $3.9B in revenue in fiscal year 2025. This represents an increase of 0.3% from the prior year.

EBITDA

$339.4M

YoY+196.0%

10Y CAGR-15.5%

Iheartmedia Inc's EBITDA was $339.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 196.0% from the prior year.

Net Income

-$472.9M

YoY+53.2%

Iheartmedia Inc reported -$472.9M in net income in fiscal year 2025. This represents an increase of 53.2% from the prior year.

EPS (Diluted)

$-3.06

YoY+54.2%

Iheartmedia Inc earned $-3.06 per diluted share (EPS) in fiscal year 2025. This represents an increase of 54.2% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$10.9M

YoY+141.7%

5Y CAGR-39.1%

Iheartmedia Inc generated $10.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 141.7% from the prior year.

Cash & Debt

$270.9M

YoY+4.4%

5Y CAGR-17.8%

10Y CAGR-9.9%

Iheartmedia Inc held $270.9M in cash against $5.0B in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

-0.5%

YoY+19.3pp

5Y CAGR+58.4pp

10Y CAGR-18.9pp

Iheartmedia Inc's operating margin was -0.5% in fiscal year 2025, reflecting core business profitability. This is up 19.3 percentage points from the prior year.

Net Margin

-12.2%

YoY+14.0pp

5Y CAGR+52.7pp

10Y CAGR-0.1pp

Iheartmedia Inc's net profit margin was -12.2% in fiscal year 2025, showing the share of revenue converted to profit. This is up 14.0 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$81.7M

YoY-16.3%

5Y CAGR-0.8%

10Y CAGR-12.1%

Iheartmedia Inc invested $81.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 16.3% from the prior year.

IHRT Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$3.9B+0.3%	$3.9B+2.8%	$3.8B-4.1%	$3.9B+9.9%	$3.6B+20.7%	$2.9B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.7B-0.4%	$1.7B+2.3%	$1.7B+4.0%	$1.6B+4.8%	$1.5B+8.9%	$1.4B
Operating Income	-$20.6M+97.3%	-$763.1M+4.3%	-$797.3M-1502.2%	$56.9M-63.3%	$154.9M+108.9%	-$1.7B
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	-$1.8M+98.9%	-$158.4M-154.1%	-$62.3M-1421.0%	$4.7M-43.8%	$8.4M+104.6%	-$183.6M
Net Income	-$472.9M+53.2%	-$1.0B+8.4%	-$1.1B-316.6%	-$264.7M-66.2%	-$159.2M+91.7%	-$1.9B
EPS (Diluted)	$-3.06+54.2%	$-6.68+9.6%	$-7.39-312.8%	$-1.79-64.2%	$-1.09+91.7%	$-13.12

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$884.2M-21.6%	$1.1B+13.1%	$997.0M+6.8%	$933.7M+15.7%	$807.1M-27.8%	$1.1B+10.9%	$1.0B+8.5%	$929.1M
Cost of Revenue	-$90.2M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$426.2M-11.1%	$479.3M+15.7%	$414.4M+0.3%	$413.1M+8.5%	$380.8M-16.9%	$458.1M+9.4%	$418.8M-3.0%	$431.6M
Operating Income	$1.5M-98.3%	$85.7M+173.7%	-$116.3M-428.7%	$35.4M+239.1%	-$25.4M-124.3%	$104.5M+36.3%	$76.7M+108.4%	-$909.7M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$289K-97.2%	$10.2M+106.2%	-$165.6M-1007.3%	$18.3M-86.5%	$135.4M+200.6%	-$134.6M-746.1%	$20.8M+187.0%	-$24.0M
Net Income	-$95.2M-127.3%	-$41.9M+36.8%	-$66.3M+20.6%	-$83.5M+70.3%	-$281.2M-993.1%	$31.5M+176.3%	-$41.3M+95.8%	-$981.7M
EPS (Diluted)	$-0.61	N/A	$-0.43+20.4%	$-0.54+70.7%	$-1.84	N/A	$-0.27+95.8%	$-6.50

IHRT Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$5.1B-8.0%	$5.6B-19.9%	$7.0B-16.6%	$8.3B-6.1%	$8.9B-3.5%	$9.2B
Current Assets	$1.5B+7.2%	$1.4B-9.6%	$1.5B+2.3%	$1.5B0.0%	$1.5B-9.0%	$1.6B
Cash & Equivalents	$270.9M+4.4%	$259.6M-25.1%	$346.4M+3.0%	$336.2M-4.5%	$352.1M-51.1%	$720.7M
Inventory	N/A	N/A	N/A	N/A	$3.2M+173.5%	$1.2M
Accounts Receivable	$959.4M-3.4%	$993.3M-4.6%	$1.0B+0.3%	$1.0B+0.7%	$1.0B+28.6%	$801.4M
Goodwill	$1.1B0.0%	$1.1B-35.8%	$1.7B-25.6%	$2.3B0.0%	$2.3B+7.8%	$2.1B
Total Liabilities	$7.0B+0.1%	$6.9B-5.4%	$7.3B-4.1%	$7.7B-3.9%	$8.0B-2.3%	$8.2B
Current Liabilities	$967.4M+11.2%	$870.3M+2.6%	$848.4M+2.0%	$831.8M-2.1%	$849.4M+18.3%	$717.8M
Long-Term Debt	$5.0B-1.4%	$5.0B-3.2%	$5.2B-3.7%	$5.4B-5.7%	$5.7B-4.1%	$6.0B
Total Equity	-$1.8B-33.2%	-$1.4B-256.5%	-$384.8M-156.2%	$684.5M-25.3%	$915.8M-12.9%	$1.1B
Retained Earnings	-$4.8B-10.9%	-$4.3B-30.3%	-$3.3B-49.5%	-$2.2B-13.5%	-$2.0B-8.8%	-$1.8B

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$4.9B-4.6%	$5.1B+0.7%	$5.1B-5.4%	$5.4B+2.1%	$5.3B-5.4%	$5.6B-3.6%	$5.8B+0.2%	$5.8B
Current Assets	$1.3B-11.9%	$1.5B+7.7%	$1.4B+0.5%	$1.3B+16.3%	$1.2B-14.9%	$1.4B-9.7%	$1.5B+6.0%	$1.4B
Cash & Equivalents	$135.1M-50.2%	$270.9M+40.9%	$192.2M-18.5%	$235.9M+40.7%	$167.7M-35.4%	$259.6M-39.9%	$431.8M+18.4%	$364.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$853.6M-11.0%	$959.4M+13.4%	$845.8M-3.8%	$879.1M+7.5%	$817.5M-17.7%	$993.3M+11.1%	$894.5M-0.4%	$898.5M
Goodwill	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B
Total Liabilities	$6.8B-2.1%	$7.0B+1.1%	$6.9B-3.2%	$7.1B+2.8%	$6.9B-0.4%	$6.9B-3.4%	$7.2B+0.6%	$7.1B
Current Liabilities	$864.3M-10.7%	$967.4M+13.5%	$852.3M-5.2%	$899.1M+23.2%	$729.8M-16.1%	$870.3M+11.5%	$780.3M+5.6%	$739.0M
Long-Term Debt	$5.0B-0.3%	$5.0B-1.3%	$5.0B-0.3%	$5.1B+0.6%	$5.0B-0.3%	$5.0B-3.3%	$5.2B0.0%	$5.2B
Total Equity	-$1.9B-5.2%	-$1.8B-2.1%	-$1.8B-3.6%	-$1.7B-4.9%	-$1.6B-20.0%	-$1.4B+2.7%	-$1.4B-2.5%	-$1.4B
Retained Earnings	-$4.9B-2.0%	-$4.8B-0.9%	-$4.8B-1.4%	-$4.7B-1.8%	-$4.6B-6.5%	-$4.3B+0.7%	-$4.4B-1.0%	-$4.3B

IHRT Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$92.6M+29.6%	$71.4M-66.5%	$213.1M-49.3%	$420.1M+27.1%	$330.6M+53.1%	$215.9M
Capital Expenditures	$81.7M-16.3%	$97.6M-4.9%	$102.7M-36.2%	$161.0M-12.2%	$183.4M+115.2%	$85.2M
Free Cash Flow	$10.9M+141.7%	-$26.2M-123.7%	$110.4M-57.4%	$259.1M+76.0%	$147.2M+12.6%	$130.7M
Investing Cash Flow	-$66.2M-13139.4%	$508K+101.0%	-$51.3M+60.3%	-$129.2M+62.7%	-$346.8M-134.6%	-$147.8M
Financing Cash Flow	-$15.3M+90.3%	-$158.3M-4.1%	-$152.2M+50.3%	-$306.1M+13.1%	-$352.1M-246.0%	$241.2M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$92.5M-159.2%	$156.3M+1736.3%	-$9.5M-240.0%	$6.8M+111.2%	-$60.9M-5128.4%	$1.2M-98.8%	$102.8M+284.5%	$26.7M
Capital Expenditures	$21.9M+17.3%	$18.7M-19.7%	$23.3M+16.3%	$20.0M+1.4%	$19.7M-22.4%	$25.4M-13.6%	$29.4M+39.0%	$21.2M
Free Cash Flow	-$114.5M-183.2%	$137.6M+519.2%	-$32.8M-149.1%	-$13.2M+83.7%	-$80.7M-233.3%	-$24.2M-133.0%	$73.3M+1219.9%	$5.6M
Investing Cash Flow	-$23.5M-181.3%	-$8.4M+51.5%	-$17.2M+16.3%	-$20.6M-2.6%	-$20.1M+12.8%	-$23.0M+28.9%	-$32.4M-46.1%	-$22.1M
Financing Cash Flow	-$19.6M+71.7%	-$69.2M-312.3%	-$16.8M-120.5%	$81.7M+840.3%	-$11.0M+92.6%	-$149.9M-4032.9%	-$3.6M-186.0%	-$1.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

IHRT Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-0.5%+19.3pp	-19.8%+1.5pp	-21.3%-22.7pp	1.5%-2.9pp	4.3%+63.3pp	-58.9%
Net Margin	-12.2%+14.0pp	-26.2%+3.2pp	-29.4%-22.6pp	-6.8%-2.3pp	-4.5%+60.5pp	-64.9%
Return on Equity	N/A	N/A	N/A	-38.7%-21.3pp	-17.4%+164.8pp	-182.2%
Return on Assets	-9.2%+8.9pp	-18.1%-2.3pp	-15.9%-12.7pp	-3.2%-1.4pp	-1.8%+19.0pp	-20.8%
Current Ratio	1.51-0.1	1.56-0.2	1.780.0	1.77+0.0	1.73-0.5	2.26
Debt-to-Equity	-2.73+1.0	-3.68+9.9	-13.55-21.5	7.91+1.6	6.27+0.6	5.69
FCF Margin	0.3%+1.0pp	-0.7%-3.6pp	2.9%-3.7pp	6.6%+2.5pp	4.1%-0.3pp	4.4%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	0.2%-7.4pp	7.6%+19.3pp	-11.7%-15.4pp	3.8%+6.9pp	-3.1%-12.5pp	9.3%+1.7pp	7.6%+105.5pp	-97.9%
Net Margin	-10.8%-7.1pp	-3.7%+2.9pp	-6.7%+2.3pp	-8.9%+25.9pp	-34.8%-37.7pp	2.8%+6.9pp	-4.1%+101.6pp	-105.7%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-1.9%-1.1pp	-0.8%+0.5pp	-1.3%+0.3pp	-1.6%+3.8pp	-5.3%-5.9pp	0.6%+1.3pp	-0.7%+16.3pp	-17.0%
Current Ratio	1.49-0.0	1.51-0.1	1.59+0.1	1.50-0.1	1.59+0.0	1.56-0.4	1.930.0	1.92
Debt-to-Equity	-2.58+0.1	-2.73+0.1	-2.82+0.1	-2.93+0.1	-3.06+0.6	-3.68+0.0	-3.70+0.1	-3.80
FCF Margin	-12.9%-25.1pp	12.2%+15.5pp	-3.3%-1.9pp	-1.4%+8.6pp	-10.0%-7.8pp	-2.2%-9.4pp	7.3%+6.7pp	0.6%

Note: Shareholder equity is negative (-$1.8B), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

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Frequently Asked Questions

What is Iheartmedia Inc's annual revenue?

Iheartmedia Inc (IHRT) reported $3.9B in total revenue for fiscal year 2025. This represents a 0.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Iheartmedia Inc's revenue growing?

Iheartmedia Inc (IHRT) revenue grew by 0.3% year-over-year, from $3.9B to $3.9B in fiscal year 2025.

Is Iheartmedia Inc profitable?

No, Iheartmedia Inc (IHRT) reported a net income of -$472.9M in fiscal year 2025, with a net profit margin of -12.2%.

What is Iheartmedia Inc's EBITDA?

Iheartmedia Inc (IHRT) had EBITDA of $339.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Iheartmedia Inc have?

As of fiscal year 2025, Iheartmedia Inc (IHRT) had $270.9M in cash and equivalents against $5.0B in long-term debt.

What is Iheartmedia Inc's operating margin?

Iheartmedia Inc (IHRT) had an operating margin of -0.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Iheartmedia Inc's net profit margin?

Iheartmedia Inc (IHRT) had a net profit margin of -12.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Iheartmedia Inc's free cash flow?

Iheartmedia Inc (IHRT) generated $10.9M in free cash flow during fiscal year 2025. This represents a 141.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Iheartmedia Inc's operating cash flow?

Iheartmedia Inc (IHRT) generated $92.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Iheartmedia Inc's total assets?

Iheartmedia Inc (IHRT) had $5.1B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Iheartmedia Inc's capital expenditures?

Iheartmedia Inc (IHRT) invested $81.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is Iheartmedia Inc's current ratio?

Iheartmedia Inc (IHRT) had a current ratio of 1.51 as of fiscal year 2025, which is generally considered healthy.

What is Iheartmedia Inc's debt-to-equity ratio?

Iheartmedia Inc (IHRT) had a debt-to-equity ratio of -2.73 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Iheartmedia Inc's return on assets (ROA)?

Iheartmedia Inc (IHRT) had a return on assets of -9.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Why is Iheartmedia Inc's debt-to-equity ratio negative or unusual?

Iheartmedia Inc (IHRT) has negative shareholder equity of -$1.8B as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Iheartmedia Inc's Piotroski F-Score?

Iheartmedia Inc (IHRT) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Iheartmedia Inc's earnings high quality?

Iheartmedia Inc (IHRT) has an earnings quality ratio of -0.20x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Iheartmedia Inc?

Iheartmedia Inc (IHRT) scores 15 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.