iHeartMedia Reports Q2 Revenue $934M, Beats Consensus, and Increases EBITDA by 4%

iHeartMedia reported Q2 adjusted EBITDA of $156M, beating the consensus of $150M. Revenue reached $934M, exceeding the consensus of $912.4M. The company made progress on its ad tech platform and appointed Lisa Coffey as Chief Business Officer to drive these efforts.

Title: iHeartMedia Reports Strong Q2 2025 Financials

iHeartMedia, Inc. (Nasdaq: IHRT) reported robust financial results for the second quarter of 2025, with adjusted EBITDA of $156 million, exceeding the consensus of $150 million. The company's revenue reached $934 million, surpassing the consensus estimate of $912.4 million. The results reflect a 0.5% increase in revenue, excluding political revenue, which saw a 1.5% growth [1].

The Digital Audio Group, a significant contributor to the company's revenue, reported a 13% increase in revenue, reaching $324 million, and an impressive 17% increase in adjusted EBITDA to $108 million. This growth was driven primarily by the continued demand for podcast advertising and digital advertising [1].

In contrast, the Multiplatform Group experienced a 5% decline in revenue to $545 million, primarily due to a decrease in broadcast advertising. However, the segment's adjusted EBITDA improved slightly to $96 million, down 8% from the prior year [1].

iHeartMedia's CEO, Bob Pittman, highlighted the company's progress on its ad tech platform and the appointment of Lisa Coffey as Chief Business Officer to drive these efforts. Lisa Coffey brings extensive experience in ad tech, digital, and mobile advertising, including leading the team that introduced Amazon Advertising to the U.S. Agency Marketplace [1].

The company expects Q3 consolidated revenue to decline by low-single digits, excluding political revenue, which is expected to increase by low-single digits. The projected Q3 consolidated adjusted EBITDA is anticipated to be approximately $180 million to $220 million [1].

iHeartMedia's financial performance demonstrates resilience and progress in the face of market uncertainties. The company's strategic initiatives, including modernization efforts, are aimed at generating net savings of $150 million in 2025 compared to 2024 [1].

References
[1] https://finance.yahoo.com/news/iheartmedia-inc-reports-results-2025-200000835.html