iHeartMedia, Inc.
For the period ended Sep 30, 2025. Filed Nov 10, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 10, 2025
IHRT$1.77-5.3%Stored close · as of Nov 6, 2026
Contents
Consolidated Balance Sheets
| (In thousands, except share and per share data) | September 30,2025 | December 31,2024 |
|---|---|---|
| (Unaudited) | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $192,239 | $259,580 |
| Accounts receivable, net of allowance of $31,644 in 2025 and $36,552 in 2024 | 845,827 | 993,328 |
| Prepaid expenses | 216,229 | 97,332 |
| Other current assets | 100,105 | 11,602 |
| Total Current Assets | 1,354,400 | 1,361,842 |
| PROPERTY, PLANT AND EQUIPMENT | ||
| Property, plant and equipment, net | 436,514 | 489,843 |
| INTANGIBLE ASSETS AND GOODWILL | ||
| Indefinite-lived intangibles - licenses | 601,440 | 809,928 |
| Other intangibles, net | 766,492 | 927,582 |
| Goodwill | 1,105,493 | 1,105,156 |
| OTHER ASSETS | ||
| Operating lease right-of-use assets | 634,329 | 668,165 |
| Other assets | 189,896 | 209,180 |
| Total Assets | $5,088,564 | $5,571,696 |
| CURRENT LIABILITIES | ||
| Accounts payable | $218,516 | $253,264 |
| Current operating lease liabilities | 67,177 | 69,516 |
| Accrued expenses | 281,138 | 348,119 |
| Accrued interest | 57,696 | 22,535 |
| Deferred revenue | 154,052 | 154,345 |
| Current portion of long-term debt | 73,708 | 22,501 |
| Total Current Liabilities | 852,287 | 870,280 |
| Long-term debt | 5,046,626 | 5,048,968 |
| Noncurrent operating lease liabilities | 682,797 | 716,586 |
| Deferred income taxes | 83,899 | 102,898 |
| Other long-term liabilities | 211,662 | 204,744 |
| Commitments and contingent liabilities (Note 6) | ||
| STOCKHOLDERS' DEFICIT | ||
| Noncontrolling interest | 4,373 | 5,289 |
| Preferred stock, par value $0.001 per share, 100,000,000 shares authorized, no shares issued and outstanding | — | — |
| Class A Common Stock, par value $0.001 per share, 1,000,000,000 shares authorized, issued and outstanding 131,322,727 and 127,474,033 shares in 2025 and 2024, respectively | 132 | 128 |
| Class B Common Stock, par value $0.001 per share, authorized 1,000,000,000 shares, issued and outstanding 21,187,332 and 21,285,914 shares in 2025 and 2024, respectively | 21 | 21 |
| Special Warrants, 5,039,301 and 5,039,323 issued and outstanding in each of 2025 and 2024, respectively | — | — |
| Additional paid-in capital | 2,991,809 | 2,975,703 |
| Accumulated deficit | (4,771,051) | (4,340,083) |
| Accumulated other comprehensive loss | (1,791) | (1,885) |
| Cost of shares (2,359,021 in 2025 and 1,587,031 in 2024) held in treasury | (12,200) | (10,953) |
| Total Stockholders' Deficit | (1,788,707) | (1,371,780) |
| Total Liabilities and Stockholders' Deficit | $5,088,564 | $5,571,696 |
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