Welcome to our dedicated page for iHeartMedia SEC filings (Ticker: IHRT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
iHeartMedia, Inc. SEC filings document the company’s audio media operations, public-company governance and capital structure for its Class A common stock listed on the Nasdaq Global Select Market. Form 8-K reports cover quarterly and annual financial results, including segment disclosures for the Multiplatform Group and Digital Audio Group, as well as material executive employment and compensation arrangements.
Proxy filings describe annual meeting matters, board oversight, governance processes, executive compensation and stockholder voting items. The filings also provide formal disclosure around operating performance, liquidity, debt-related financial discipline, risk oversight and the corporate governance framework supporting iHeartMedia’s broadcast radio, podcasting, events, media representation and broadcast software businesses.
iHeartMedia, Inc. Chairman and CEO Robert W. Pittman reported an open-market purchase of 32,468 shares of Class A common stock on March 5, 2026 at a weighted average price of $3.2517 per share, with individual trades ranging from $3.13 to $3.34. Following this transaction, he directly held 6,214,937 shares of Class A common stock.
The filing also reports 21,732 shares of Class A common stock beneficially owned indirectly through Pittman CC, LLC, a limited liability company controlled by Pittman. He disclaims beneficial ownership of those indirect shares except to the extent of his pecuniary interest.
iHeartMedia, Inc. files its annual report describing a highly diversified U.S. audio platform built around broadcast radio, digital streaming, podcasting, ad tech and events. The company operates 868 radio stations in about 160 markets and organizes seven major national tentpole events.
Operations are managed through three segments. In 2025, the Multiplatform Group generated $2,273.5 million of revenue, the Digital Audio Group $1,329.4 million, and the Audio & Media Services Group $272.5 million. Podcasting and digital advertising are highlighted as fast‑growing revenue streams alongside traditional broadcast.
The filing details significant competition from other audio, digital and social platforms, extensive FCC and data‑privacy regulation, cybersecurity and AI‑related risks, and a heavy debt load of roughly $4.7 billion secured and $125.2 million unsecured. As of June 30, 2025, non‑affiliate Class A shares had a market value of about $145.9 million, and as of February 25, 2026, the company had 129,552,146 Class A and 21,090,196 Class B shares outstanding plus 5,038,369 Special Warrants.
iHeartMedia reported modest top-line growth but lower profitability for Q4 and full-year 2025 while outlining stronger targets for 2026. Q4 2025 revenue was $1.13 billion, up 0.8%, with Adjusted EBITDA down 10.5% to $220 million and a net loss of $41 million.
For 2025, revenue was $3.86 billion, essentially flat year over year, while the GAAP operating loss narrowed sharply to $21 million from $763 million, mainly because 2024 included large impairment charges. Full-year Adjusted EBITDA slipped to $686 million and free cash flow was $11 million. The Digital Audio Group grew revenue about 14%, led by podcast growth of roughly 26%, while the Multiplatform Group and Audio & Media Services declined, largely due to lower political advertising.
As of December 31, 2025, the company held $270.9 million of cash, total debt of $5.05 billion, and net debt of $4.54 billion. For full-year 2026, management guides to approximately $800 million in Adjusted EBITDA, about $200 million of free cash flow, and year-end net leverage in the “mid-fives,” with projected in-year cost savings of $100 million.
iHeartMedia, Inc. Chairman and CEO Robert W. Pittman reported equity award activity involving restricted stock units and Class A common stock. On February 25, 2026, he exercised 256,667 restricted stock units, receiving the same number of Class A shares at no cash exercise price.
To cover withholding obligations upon vesting, the filing shows tax-related dispositions of 110,008 shares and 50,004 shares at $3.17 per share, plus a 146,659-share disposition to the issuer at the same price. After these transactions, he directly held 6,182,469 Class A shares and indirectly held 21,732 shares through Pittman CC, LLC, a controlled entity for which he disclaims beneficial ownership beyond his pecuniary interest.
iHeartMedia CFO Michael B. McGuinness reported a mix of equity-related transactions in Class A Common Stock on February 25, 2026. He exercised or converted 29,167 restricted stock units at a price of $0.00 per share into the same number of Class A shares, increasing his holdings. Several blocks of shares were then withheld or surrendered at $3.17 per share to cover tax and related obligations upon the vesting of restricted stock units and cash-settled RSUs. After these transactions, he directly owned 757,861 shares of Class A Common Stock and time-vested RSUs.
iHeartMedia, Inc. President and COO Richard Bressler reported RSU vesting and related share transactions. On February 25, 2026, 256,667 restricted stock units were exercised or converted into Class A common stock at a stated price of $0.0000 per share.
To cover tax liabilities and a disposition to the issuer, he disposed of 110,008 shares, 146,659 shares, and 50,004 shares of Class A common stock at $3.1700 per share through tax-withholding and issuer disposition transactions. Following these transactions, his directly held and time-vesting share and RSU position totaled 5,241,743 shares.
iHeartMedia Chairman and CEO Robert W. Pittman reported multiple equity-related transactions on Class A Common Stock and Restricted Stock Units (RSUs). He exercised or converted 303,028 RSUs into the same number of Class A shares at $0.00 per share, increasing both his RSU and share holdings.
To cover tax obligations tied to RSU vesting, transactions labeled with code F disposed of 129,878 and 53,621 Class A shares at $3.61 per share, consistent with footnotes describing tax withholding. A separate transaction coded D shows a disposition of 173,150 shares to the issuer at $3.61 per share.
Following these transactions, Pittman directly held 6,232,743 Class A shares and 606,057 RSUs subject to time vesting. An additional 21,732 Class A shares are beneficially owned indirectly through Pittman CC, LLC, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
iHeartMedia CFO Michael B. McGuinness reported several equity compensation-related transactions in Class A Common Stock. He exercised 38,226 restricted stock units into shares, then had 19,515 and 20,001 shares withheld to satisfy tax obligations and disposed of 18,711 shares to the issuer, ending with 772,751 directly held shares and 76,453 RSUs subject to time-based vesting.
iHeartMedia President and COO Richard J. Bressler reported equity award exercises and related share dispositions. He acquired 303,028 restricted stock units through a derivative exercise and 303,028 shares of Class A Common Stock at a stated price of $0.00 per share.
He then disposed of 129,878 and 53,621 shares of Class A Common Stock at $3.61 per share to cover tax liabilities upon vesting, and a further 173,150 shares were disposed of to the issuer at $3.61 per share. After these transactions, his direct holdings of Class A Common Stock were 5,291,747 shares, and his RSU holdings were 606,057 units, which include time-vested RSUs.
iHeartMedia, Inc. director and officer Richard J. Bressler reported multiple equity-based awards dated February 17, 2026. He acquired several blocks of restricted stock units (RSUs) tied to previously granted performance stock units, which convert into one share of Class A common stock per unit if service-based vesting conditions are met.
The RSUs vest on different schedules, including full vesting on May 18, 2026 and February 20, 2028, and one-third vesting annually over three years from February 17, 2026. He also received Class A common stock awards granted at no cash cost, all subject to his continued service with the company.