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$1.770.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Comprehensive Loss
| (In thousands, except per share data) | Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | ||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | $997,010 | $1,008,133 | $2,737,764 | $2,736,263 |
| Operating expenses: | ||||
| Direct operating expenses (excludes depreciation and amortization) | 399,140 | 409,745 | 1,146,660 | 1,133,154 |
| Selling, general and administrative expenses (excludes depreciation and amortization) | 414,424 | 418,833 | 1,208,300 | 1,235,591 |
| Depreciation and amortization | 90,061 | 101,331 | 272,331 | 310,849 |
| Impairment charges | 208,501 | 412 | 213,908 | 922,144 |
| Other operating expense | 1,161 | 1,092 | 2,906 | 2,180 |
| Operating income (loss) | (116,277) | 76,720 | (106,341) | (867,655) |
| Interest expense, net | 101,779 | 95,715 | 303,059 | 286,807 |
| Gain (loss) on investments, net | (13,203) | (103) | (32,698) | 91,479 |
| Equity in earnings (loss) of nonconsolidated affiliates | 13 | (2,587) | 12 | (2,693) |
| Loss on extinguishment of debt | (109) | — | (1,569) | — |
| Other income (expense), net | (15) | 1,195 | 1,026 | 468 |
| Loss before income taxes | (231,370) | (20,490) | (442,629) | (1,065,208) |
| Income tax benefit (expense) | 165,609 | (20,835) | 11,997 | 23,786 |
| Net loss | (65,761) | (41,325) | (430,632) | (1,041,422) |
| Less amount attributable to noncontrolling interest | 503 | (60) | 336 | 9 |
| Net loss attributable to the Company | $(66,264) | $(41,265) | $(430,968) | $(1,041,431) |
| Other comprehensive income (loss), net of tax | ||||
| Foreign currency translation adjustments | (287) | 262 | 94 | (206) |
| Other comprehensive income (loss), net of tax | (287) | 262 | 94 | (206) |
| Comprehensive loss | (66,551) | (41,003) | (430,874) | (1,041,637) |
| Less amount attributable to noncontrolling interest | — | — | — | — |
| Comprehensive loss attributable to the Company | $(66,551) | $(41,003) | $(430,874) | $(1,041,637) |
| Net loss attributable to the Company per common share: | ||||
| Basic | $(0.43) | $(0.27) | $(2.80) | $(6.90) |
| Weighted average common shares outstanding - Basic | 155,187 | 151,990 | 153,991 | 150,978 |
| Diluted | $(0.43) | $(0.27) | $(2.80) | $(6.90) |
| Weighted average common shares outstanding - Diluted | 155,187 | 151,990 | 153,991 | 150,978 |
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