iHeartMedia (IHRT) Operating Expenses (2010 - 2026)

iHeartMedia (IHRT) reported Operating Expenses of $426.2 million for Q1 2026, up 11.92% on a YoY basis from $380.8 million in Q1 2025, and down 11.08% quarter-over-quarter from $479.3 million in Q4 2025.

iHeartMedia (IHRT) Operating Expenses (2010 - 2026) Analysis & Trends

iHeartMedia has reported Operating Expenses for 17 years, with the latest figure at $426.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 11.92% year-over-year to $426.2 million; the trailing twelve-month figure through Mar 2026 stood at $1.7 billion (down 28.43% YoY), and the FY2025 full-year result was $1.7 billion, changed 0.36% from the prior year.
  • Operating Expenses for Q1 2026 stood at $426.2 million, down from $479.3 million in the prior quarter.
  • The five-year high for Operating Expenses was $858.6 million in Q4 2023, with the low at $380.8 million in Q1 2025.
  • Historically, Operating Expenses has averaged $639.1 million across 5 years, with a median of $716.8 million in 2022.
  • Annual changes were most pronounced in 2022 — Operating Expenses gained 15.52% — and 2025, when it slumped 48.43%.
  • iHeartMedia's Operating Expenses stood at $810.2 million in 2022, then rose by 5.96% to $858.6 million in 2023, then tumbled by 46.65% to $458.1 million in 2024, then climbed by 4.63% to $479.3 million in 2025, then slipped by 11.08% to $426.2 million in 2026.
  • The last three Operating Expenses figures came in at $426.2 million (Q1 2026), $479.3 million (Q4 2025), and $414.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Nexstar Media 5.40 Bn 5.00 Bn -505.00 Mn 1.13 Bn
2 FuboTV 3.40 Bn 5.32 Bn 348.72 Mn 344.01 Mn
3 Newsmax 970.61 Mn 930.17 Mn 21.36 Mn 26.04 Mn
4 iHeartMedia 620.04 Mn 488.35 Mn 509.13 Mn 426.19 Mn
5 Gray Media 389.45 Mn 130.45 Mn 213.00 Mn 687.00 Mn
6 E.W. Scripps 307.00 Mn 223.28 Mn 206.07 Mn 492.10 Mn
7 CuriosityStream 163.48 Mn 154.27 Mn 11.62 Mn 22.57 Mn
8 Mediaco Holding 68.20 Mn 68.20 Mn -3.44 Mn 38.92 Mn
9 Saga Communications 55.58 Mn 25.14 Mn 17.72 Mn 22.01 Mn
10 Beasley Broadcast 37.03 Mn 30.60 Mn - 42.17 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 426.19 Mn
Dec 31, 2025 479.32 Mn
Sep 30, 2025 414.42 Mn
Jun 30, 2025 413.08 Mn
Mar 31, 2025 380.79 Mn
Dec 31, 2024 458.09 Mn
Sep 30, 2024 803.55 Mn
Jun 30, 2024 778.89 Mn
Mar 31, 2024 694.42 Mn
Dec 31, 2023 858.57 Mn
Sep 30, 2023 749.21 Mn
Jun 30, 2023 728.83 Mn
Mar 31, 2023 717.82 Mn
Dec 31, 2022 810.25 Mn
Sep 30, 2022 736.69 Mn
Jun 30, 2022 716.82 Mn
Mar 31, 2022 698.24 Mn
Dec 31, 2021 767.85 Mn
Sep 30, 2021 697.84 Mn
Jun 30, 2021 677.10 Mn