iHeartMedia, Inc.

For the period ended Mar 2, 2026. Filed Mar 2, 2026.

About this filing

A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.

Mar 2, 2026 · Filed Mar 2, 2026

IHRT$1.77-5.3%Stored close · as of Nov 6, 2026

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Contents

EX-99.1 · TABLE 1 - Comparison of operating performance

TABLE 1 - Comparison of operating performance

(In thousands) · Three Months EndedDecember 31, · % · Year EndedDecember 31, · %
	2025	2024	Change	2025	2024	Change
Revenue	$1,127,227	$1,118,269	0.8%	$3,864,991	$3,854,532	0.3%
Operating expenses:
Direct operating expenses (excludes depreciation and amortization)	466,766	455,777	2.4%	1,613,426	1,588,931	1.5%
Selling, general and administrative expenses (excludes depreciation and amortization)	479,316	458,088	4.6%	1,687,616	1,693,679	(0.4)%
Depreciation and amortization	87,716	98,733		360,047	409,582
Impairment charges	—	537		213,908	922,681
Other operating expense	7,728	587		10,634	2,767
Operating income (loss)	$85,701	$104,547		$(20,640)	$(763,108)
Depreciation and amortization	87,716	98,733		360,047	409,582
Impairment charges	—	537		213,908	922,681
Other operating expense	7,728	587		10,634	2,767
Restructuring expenses	22,951	33,456		77,714	101,384
Share-based compensation expense	16,202	8,348		44,104	32,311
Adjusted EBITDA1	$220,298	$246,208	(10.5)%	$685,767	$705,617	(2.8)%

1 See the end of this press release for reconciliations of (i) Adjusted EBITDA to Operating income (loss), and (ii) Adjusted EBITDA to Net income (loss). See also the definitions of Adjusted EBITDA and Adjusted EBITDA margin under the Supplemental Disclosure section in this release.

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