iHeartMedia, Inc. filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission on August 10, 2026, covering the period ended June 30, 2026, and reporting results for its audio media and broadcasting operations.

Key Highlights

  • Revenue of $977,239 thousand was reported for the three months ended June 30, 2026, compared to $933,653 thousand in the same period of 2025, according to the filing.
  • Net loss of $82,536 thousand was recorded for the second quarter of 2026, versus a net loss of $83,988 thousand in the second quarter of 2025.
  • Total assets stood at $4,854,127 thousand as of June 30, 2026, down from $5,126,003 thousand at December 31, 2025.
  • Accumulated deficit of ($4,990,561) thousand was reflected on the consolidated balance sheet as of June 30, 2026.
  • Long-term debt of $4,947,194 thousand was reported as of June 30, 2026, compared to $4,979,662 thousand at December 31, 2025.
  • Basic and diluted net loss per share of ($0.52) was reported for the three months ended June 30, 2026, based on weighted average common shares outstanding of 157,707 thousand.

iHeartMedia's Second-Quarter 2026 Operating and Balance Sheet Overview

According to the filing, iHeartMedia, Inc. (NASDAQ: IHRT), a Delaware-incorporated audio media company headquartered in San Antonio, Texas, generated revenue of $977,239 thousand for the three months ended June 30, 2026, and $1,861,439 thousand for the six months ended June 30, 2026. The company's direct operating expenses for the second quarter were $400,557 thousand, and selling, general and administrative expenses were $461,624 thousand. Operating income for the quarter was $35,504 thousand, the filing stated.

The company reported interest expense, net, of $96,057 thousand for the second quarter of 2026, which the filing identifies as a primary driver of the pre-tax loss of $62,557 thousand for that period. For the six months ended June 30, 2026, the net loss attributable to the company was $177,612 thousand, compared to $364,704 thousand for the same period of 2025. Depreciation and amortization for the six-month period totaled $159,698 thousand, the filing disclosed.

On the balance sheet, the filing reported cash and cash equivalents of $174,442 thousand as of June 30, 2026, down from $270,921 thousand at December 31, 2025. Total stockholders' deficit was ($2,008,296) thousand at June 30, 2026. The filing indicated that as of August 5, 2026, there were 133,699,127 shares of Class A Common Stock and 21,090,041 shares of Class B Common Stock outstanding. The company also reported 3,710,549 Special Warrants issued and outstanding as of June 30, 2026.

What Was Disclosed

The filing covered iHeartMedia's unaudited consolidated financial statements for the quarter and six months ended June 30, 2026, including balance sheet data, income and loss figures, changes in stockholders' deficit, and share count information as of August 5, 2026.