iHeartMedia Company Overview
iHeartMedia is a U.S. audio media company spanning broadcast radio, podcasting, digital audio, networks, events, and advertising services. FY2025 revenue was $3.865 billion.
How iHeartMedia Makes Money
The company sells advertising and sponsorships across radio stations, national networks, podcasts, digital audio, live events, and media services. Digital Audio and Podcast revenue are the growth pockets.
The Financial Tension
iHeartMedia still has unmatched reach in U.S. audio, but debt and interest expense shape the equity story. Adjusted EBITDA was positive in 2025, while GAAP net income remained negative.
