Company: IHETW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001400891-25-000046
Chunk: 26

Company: iHeartMedia, Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 26
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578 $(2,700)$5,379,317 Intersegment revenues— 1,153 1,384 — — 2,537 Capital expenditures10,698 4,406 2,752 2,141 — 19,997 Segments(In thousands)Multiplatform GroupDigital Audio GroupAudio & Media Services GroupCorporate and other reconciling itemsEliminationsConsolidatedThree Months Ended June 30, 2024Revenue$575,907 $285,614 $70,082 $— $(2,511)$929,092 Direct operating expenses(1)224,752 148,320 7,340 — (933)379,479 Selling, general and administrative expenses(2)246,892 45,424 38,893 69,775 (1,578)399,406 Segment Adjusted EBITDA(3)$104,263 $91,870 $23,849 $(69,775)$— $150,207 Depreciation and amortization(104,356)Impairment charges(920,224)Other operating expense, net(516)Restructuring expenses(27,558)Share-based compensation expense(7,220)Operating loss$(909,667)Segment Assets$4,294,769 $592,648 $286,762 $597,598 $(2,609)$5,769,168 Intersegment revenues— 1,175 1,336 — — 2,511 Capital expenditures12,895 5,692 2,167 418 — 21,172 

17

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

Segments(In thousands)Multiplatform GroupDigital Audio GroupAudio & Media Services GroupCorporate and other reconciling itemsEliminationsConsolidatedSix Months Ended June 30, 2025Revenue$1,017,576 $601,143 $127,059 $— $(5,024)$1,740,754 Direct operating expenses(1)417,721 307,732 14,558 — (1,927)738,084 Selling, general and administrative expenses(2)433,484 98,718 72,982 139,868 (3,097)741