iHeartMedia Q3 2026 results show modest revenue growth but miss guidance and cut full‑year EBITDA outlook
iHeartMedia reported third‑quarter 2026 consolidated revenue of $1.03 billion, up 3.3% year‑over‑year, while Digital Audio Group revenue rose 13.8% to $389 million and podcast revenue jumped 24.6% to $174 million. Adjusted EBITDA fell to $170 million, missing the $180‑$220 million guidance range, and Multiplatform Group revenue declined 4.9% to $562 million. The company lowered its full‑year adjusted EBITDA guidance to $550‑$600 million and announced that podcasting will be reported as a separate segment beginning in 2027.
Why it matters
The company expects lower full‑year adjusted EBITDA, which could weigh on the stock and affect investor valuation. The planned separation of podcasting into its own segment may improve transparency and highlight growth potential for that business.
Key facts
- 1Consolidated revenue was $1.03 billion, up 3.3% YoY. finance.yahoo.com
- 2Digital Audio Group revenue grew 13.8% to $389 million. finance.yahoo.com
- 3Podcast revenue increased 24.6% to $174 million. finance.yahoo.com
- 4Adjusted EBITDA was $170 million, below the $180‑$220 million guidance range. finance.yahoo.com
- 5Multiplatform Group revenue declined 4.9% to $562 million. finance.yahoo.com
- 6Full‑year adjusted EBITDA guidance was reduced to $550‑$600 million. finance.yahoo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.