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iHeartMedia's Q2 results expected in line with guidance, boosted by growing Netflix partnership and podcast growth.

Company Fundamentals
07 Jul 2026
Proactive Investors
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Bullish
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Bank of America expects iHeartMedia's Q2 2026 revenue to reach $965 million, up 3% year-over-year, with adjusted EBITDA around $150 million, matching company guidance. Podcasting remains a strong growth area, with 21% expected growth in Q2 following a 27% rise in Q1. The expanding partnership with Netflix is a key highlight, extending beyond initial launches and adding new shows, enhancing iHeartMedia's content value and potential opportunities. Full-year 2026 revenue and EBITDA forecasts stand at $4.15 billion and $800 million, respectively, supported by political advertising, programmatic revenue growth, and cost-cutting measures despite some caution over geopolitical uncertainties.

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