iHeartMedia, Inc.
For the period ended May 11, 2026. Filed May 11, 2026.
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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.
May 11, 2026 · Filed May 11, 2026
IHRT$1.77-5.3%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · TABLE 1 - Comparison of operating performance
TABLE 1 - Comparison of operating performance
| (In thousands) · Three Months EndedMarch 31, · % | |||
|---|---|---|---|
| 2026 | 2025 | Change | |
| Revenue | $884,200 | $807,101 | 9.6% |
| Operating expenses: | |||
| Direct operating expenses (excludes depreciation and amortization) | 375,067 | 356,326 | 5.3% |
| Selling, general and administrative expenses (excludes depreciation and amortization) | 426,192 | 380,794 | 11.9% |
| Depreciation and amortization | 81,377 | 91,901 | |
| Impairment charges | — | 2,855 | |
| Other operating expense | 78 | 659 | |
| Operating income (loss) | $1,486 | $(25,434) | |
| Depreciation and amortization | 81,377 | 91,901 | |
| Impairment charges | — | 2,855 | |
| Other operating expense | 78 | 659 | |
| Restructuring expenses | 9,333 | 25,578 | |
| Share-based compensation expense | 359 | 9,029 | |
| Adjusted EBITDA1 | $92,633 | $104,588 | (11.4)% |
1 See the end of this press release for reconciliations of (i) Adjusted EBITDA to Operating income (loss), and (ii) Adjusted EBITDA to Net loss. See also the definitions of Adjusted EBITDA and Adjusted EBITDA margin under the Supplemental Disclosure section in this release.
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