Over the past six months, iHeartMedia, Inc. (IHRT) stock has experienced a significant downturn, trending down by 45.30% as of August 11, 2025. More recently, the share price on September 18, 2026, was $2.36, marking a 24.12% decline from $3.11 on September 22, 2025. In the immediate past, the stock fell by 9.86% compared to the previous week, 28.36% over the last month, and 37.05% over the last year as of October 11, 2026. Following the Q2 2026 earnings release on August 10, 2026, IHRT shares declined by 20.9% the next day and drifted 33.9% lower over the subsequent 54 days, as the GAAP loss per share was below estimates despite revenue exceeding expectations. Q4 2025 earnings, reported on March 2, 2026, showed a consolidated revenue increase of 0.8% (or 7.7% excluding political revenue), but GAAP operating income decreased by 18.0% and Consolidated Adjusted EBITDA was down by 10.5%. Q3 2025 earnings, reported on November 10, 2025, recorded a GAAP operating loss of $116 million, which included non-cash impairment charges of $209 million related to FCC licenses. Around January 29, 2026, the company experienced a US$90 million market cap drop, leading to a 15% decrease in institutional investors' holdings value in the preceding week. Despite recent declines, management maintained its full-year 2026 guidance, projecting EBITDA at $800 million and $200 million in programmatic revenue, attributing this positive outlook to anticipated lower strategic marketing/trade-and-barter expenses, stronger advertising seasonality from mid-term political ads, and cost-saving initiatives. On August 10, 2026, iHeartMedia announced the extension of its ABL facility's maturity date to January 30, 2029, maintaining its current size and interest rates.
