iHeartMedia

Q2 FY2026 EarningsQ2 2026 revenue of $977M slightly beat the $970M consensus, driven by a 12% YoY surge in Digital Audio (Podcast revenue up 21%). Despite the top-line beat, GAAP operating income of $35.5M missed the $60.0M consensus by 40.8%, primarily due to higher-than-expected share-based compensation and trade/barter expenses. Management provided strong FY26 Adjusted EBITDA guidance of ~$800M and expects Q3 revenue to continue growing at mid-single digits.