iHeartMedia, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the SEC on November 9, 2026, reporting a net loss attributable to the company of $8,804 thousand for the third quarter.

Key Highlights

  • Q3 2026 Revenue: The company reported revenue of $1,029,803 thousand for the three months ended September 30, 2026, compared to $997,010 thousand in the same period of 2025.
  • Q3 Net Loss: Net loss attributable to the company was $8,804 thousand ($0.06 per basic and diluted share) for Q3 2026, compared to a net loss of $66,264 thousand ($0.43 per share) in Q3 2025.
  • Nine-Month Net Loss: For the nine months ended September 30, 2026, the net loss attributable to the company was $186,416 thousand, versus $430,968 thousand in the same period of 2025.
  • Total Long-Term Debt: Long-term debt stood at $4,922,370 thousand as of September 30, 2026, down from $4,979,662 thousand at December 31, 2025.
  • Accumulated Deficit: The accumulated deficit reached $4,999,365 thousand as of September 30, 2026, compared to $4,812,949 thousand at December 31, 2025.
  • Impairment Charges: The company recorded impairment charges of $18,555 thousand for the three and nine months ended September 30, 2026, compared to $208,501 thousand and $213,908 thousand for the same periods in 2025.
  • Shares Outstanding: As of November 4, 2026, there were 133,727,868 shares of Class A Common Stock and 21,090,041 shares of Class B Common Stock outstanding, according to the filing.

iHeartMedia's Third-Quarter 2026 Financial Results and Balance Sheet Position

According to the Form 10-Q filed with the SEC, iHeartMedia, Inc. (NASDAQ:IHRT) reported total revenue of $1,029,803 thousand for the three months ended September 30, 2026, an increase from $997,010 thousand in the third quarter of 2025. For the nine months ended September 30, 2026, revenue totaled $2,891,242 thousand, compared to $2,737,764 thousand for the same period in 2025. The company disclosed operating income of $72,989 thousand for Q3 2026, compared to an operating loss of $116,277 thousand in Q3 2025.

The filing reported that net interest expense was $97,452 thousand for the three months ended September 30, 2026, contributing to a loss before income taxes of $29,411 thousand. After an income tax benefit of $21,241 thousand, the net loss came to $8,170 thousand for the quarter, of which $8,804 thousand was attributable to the company. Direct operating expenses for the quarter were $418,488 thousand, and selling, general and administrative expenses were $445,885 thousand, according to the filing.

The consolidated balance sheet as of September 30, 2026 showed total assets of $4,844,813 thousand, down from $5,126,003 thousand at December 31, 2025. Cash and cash equivalents declined to $139,703 thousand from $270,921 thousand at year-end 2025. Total stockholders' deficit widened to $(2,015,420) thousand from $(1,827,011) thousand at December 31, 2025. The company also disclosed that goodwill was $1,105,395 thousand and indefinite-lived intangible assets (licenses) were $586,306 thousand as of the reporting date.

What Was Disclosed

iHeartMedia filed its quarterly report for the period ended September 30, 2026, disclosing revenue of $1,029,803 thousand, a net loss attributable to the company of $8,804 thousand for Q3 2026, long-term debt of $4,922,370 thousand, and a total stockholders' deficit of $(2,015,420) thousand.