Company: IHETW
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-051036
Chunk: 30

Company: iHeartMedia, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 30
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 compensation expense(8,263)Operating income$76,720 Segment Assets$4,221,199 $599,265 $288,340 $671,519 $(1,313)$5,779,010 Intersegment revenues— 1,189 1,313 — — 2,502 Capital expenditures13,615 5,924 1,376 8,505 — 29,420 

Segments(In thousands)Multiplatform GroupDigital Audio GroupAudio & Media Services GroupCorporate and other reconciling itemsEliminationsConsolidatedNine Months Ended September 30, 2025Revenue$1,608,783 $942,834 $193,664 $— $(7,517)$2,737,764 Direct operating expenses(1)654,082 461,117 22,001 — (2,884)1,134,316 Selling, general and administrative expenses(2)669,178 156,718 109,559 207,157 (4,633)1,137,979 Segment Adjusted EBITDA(3)$285,523 $324,999 $62,104 $(207,157)$— $465,469 Depreciation and amortization(272,331)Impairment charges(213,908)Other operating expense, net(2,906)Restructuring expenses(54,763)Share-based compensation expense(27,902)Operating loss$(106,341)Segment Assets$3,817,072 $615,099 $260,378 $397,365 $(1,350)$5,088,564 Intersegment revenues— 3,412 4,105 — — 7,517 Capital expenditures28,174 15,010 13,191 6,618 — 62,993 

20

IHEARTMEDIA, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED)

Segments(In thousands)Multiplatform GroupDigital Audio GroupAudio & Media Services GroupCorporate and other reconciling itemsEliminationsConsolidatedNine Months Ended September 30, 2024Revenue$1,688,914 $825,623 $229,300 $— $(7,574)$2,736,263 Direct operating expenses(1)673,787