Iheartmedia ( (IHRT) ) has released its Q2 earnings. Here is a breakdown of the information Iheartmedia presented to its investors.
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iHeartMedia, Inc., a leading audio company in the United States, operates across multiple platforms including broadcast radio, digital audio, and media services, with a significant presence in podcasting and digital advertising. In its second quarter of 2025, iHeartMedia reported a slight increase in consolidated revenue to $934 million, marking a 0.5% rise from the previous year, and a significant improvement in GAAP operating income, turning a $910 million loss in Q2 2024 into a $35 million profit. The Digital Audio Group showed strong performance with a 13% increase in revenue, driven by a 28% rise in podcast revenue, while the Multiplatform Group experienced a 5% decline in revenue due to decreased broadcast advertising. Despite challenges in the Multiplatform Group, the company’s adjusted EBITDA grew by 3.9% to $156 million, reflecting effective cost management and strategic focus on digital growth. Looking ahead, iHeartMedia anticipates a slight decline in consolidated revenue for the third quarter, with expectations of growth excluding political revenue impacts, and aims to maintain its strategic initiatives to enhance digital advertising capabilities and operational efficiency.