IHRT Q2 2021 Earnings — iHeartMedia, Inc. Revenue & Financial Results | Market Cap Arena

IHRTiHeartMedia, Inc.

$380M

Q2 2021 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$862M+76.7% YoY

Gross Profit

$541M62.8% margin

Operating Income

$28M3.3% margin

Net Income

-$32M-3.7% margin

EPS (Diluted)

$-0.22

QoQ Revenue Growth

+21.9%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

-$3M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$9.1B

Total Liabilities

$8.3B

Stockholders' Equity

$781M

Cash & Equivalents

$583M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$862M	$488M	+76.7%
Gross Profit	$541M	$244M	+122.2%
Operating Income	$28M	-$159M	+117.7%
Net Income	-$32M	-$197M	+83.6%

Revenue Segments

Broadcast Radio

$451M52%

Digital Non-podcast

$143M17%

Networks

$124M14%

Audio and Media Services

$59M7%

Digital Podcast

$53M6%

Sponsorship and Events

$29M3%

Other

$2M0%