IHeartMedia Q2 2025 Digital Revenue Rises 13% Offsetting Broadcast Decline

iHeartMedia reported a modest 0.5% year-over-year increase in second-quarter revenue for 2025, reaching $934 million, driven primarily by a 13.4% growth in its Digital Audio Group, with podcast revenue surging 28% to $134 million. Despite this digital growth, the Multiplatform Group, which includes broadcast radio, saw a 5% decline in revenue due to lower spot sales and continued uncertain market conditions. Adjusted EBITDA rose 3.9% to $156 million, hitting the high end of guidance, while the company’s GAAP operating income improved significantly to $35.4 million from a loss last year. iHeartMedia is advancing its ad tech platform to integrate broadcast radio inventory with digital advertising, supported by the recent hiring of Lisa Coffey as Chief Business Officer to drive these efforts. Chairman and CEO Bob Pittman described the quarter as solid and slightly ahead of expectations, with ongoing initiatives to offset broadcast declines through technology and digital advertising growth.