iHeartMedia Inc
NASDAQ:IHRT
Income Statement
Earnings Waterfall
iHeartMedia Inc
Revenue
|
3.8B
USD
|
Cost of Revenue
|
-1.5B
USD
|
Gross Profit
|
2.3B
USD
|
Operating Expenses
|
-2.1B
USD
|
Operating Income
|
167.8m
USD
|
Other Expenses
|
-1.3B
USD
|
Net Income
|
-1.1B
USD
|
Income Statement
iHeartMedia Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
6 243
N/A
|
6 243
0%
|
6 255
+0%
|
6 297
+1%
|
6 319
+0%
|
6 321
+0%
|
6 290
0%
|
6 240
-1%
|
6 242
+0%
|
6 259
+0%
|
6 273
+0%
|
6 261
0%
|
6 251
0%
|
6 219
-1%
|
6 194
0%
|
6 165
0%
|
3 587
-42%
|
3 030
-16%
|
2 332
-23%
|
1 715
-26%
|
3 611
+111%
|
3 634
+1%
|
3 656
+1%
|
3 684
+1%
|
3 684
0%
|
3 668
0%
|
3 243
-12%
|
3 039
-6%
|
2 948
-3%
|
2 874
-3%
|
3 248
+13%
|
3 432
+6%
|
3 558
+4%
|
3 695
+4%
|
3 788
+3%
|
3 848
+2%
|
3 912
+2%
|
3 880
-1%
|
3 846
-1%
|
3 810
-1%
|
3 751
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 556)
|
(2 559)
|
(2 581)
|
(2 603)
|
(2 534)
|
(2 518)
|
(2 489)
|
(2 470)
|
(2 471)
|
(2 459)
|
(2 457)
|
(2 421)
|
(2 395)
|
(2 400)
|
(2 401)
|
(2 431)
|
(1 059)
|
(729)
|
(378)
|
(25)
|
(1 062)
|
(1 104)
|
(1 117)
|
(1 140)
|
(1 167)
|
(1 202)
|
(1 175)
|
(1 160)
|
(1 163)
|
(1 154)
|
(1 225)
|
(1 274)
|
(1 325)
|
(1 362)
|
(1 407)
|
(1 453)
|
(1 480)
|
(1 494)
|
(1 484)
|
(1 492)
|
(1 494)
|
|
Gross Profit |
3 687
N/A
|
3 684
0%
|
3 674
0%
|
3 695
+1%
|
3 784
+2%
|
3 803
+0%
|
3 802
0%
|
3 769
-1%
|
3 770
+0%
|
3 800
+1%
|
3 816
+0%
|
3 839
+1%
|
3 856
+0%
|
3 819
-1%
|
3 794
-1%
|
3 734
-2%
|
2 528
-32%
|
2 301
-9%
|
1 953
-15%
|
1 690
-13%
|
2 549
+51%
|
2 530
-1%
|
2 539
+0%
|
2 544
+0%
|
2 516
-1%
|
2 467
-2%
|
2 068
-16%
|
1 878
-9%
|
1 785
-5%
|
1 720
-4%
|
2 023
+18%
|
2 158
+7%
|
2 234
+4%
|
2 333
+4%
|
2 380
+2%
|
2 395
+1%
|
2 432
+2%
|
2 386
-2%
|
2 362
-1%
|
2 318
-2%
|
2 257
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 669)
|
(2 664)
|
(2 667)
|
(2 606)
|
(2 678)
|
(2 686)
|
(2 582)
|
(2 608)
|
(2 600)
|
(2 323)
|
(2 499)
|
(2 482)
|
(2 349)
|
(2 469)
|
(2 386)
|
(2 547)
|
(1 821)
|
(1 645)
|
(1 426)
|
(1 178)
|
(1 826)
|
(1 759)
|
(1 767)
|
(1 851)
|
(1 918)
|
(1 982)
|
(1 919)
|
(1 830)
|
(1 784)
|
(1 755)
|
(1 876)
|
(1 958)
|
(2 021)
|
(2 068)
|
(2 060)
|
(2 069)
|
(2 064)
|
(2 076)
|
(2 072)
|
(2 057)
|
(2 089)
|
|
Selling, General & Administrative |
(1 962)
|
(1 962)
|
(1 967)
|
(1 949)
|
(2 008)
|
(2 011)
|
(2 015)
|
(2 010)
|
(2 020)
|
(2 030)
|
(2 047)
|
(2 052)
|
(2 067)
|
(2 093)
|
(2 095)
|
(2 103)
|
(1 555)
|
(1 425)
|
(1 281)
|
(1 151)
|
(1 604)
|
(1 570)
|
(1 573)
|
(1 598)
|
(1 608)
|
(1 612)
|
(1 516)
|
(1 431)
|
(1 370)
|
(1 328)
|
(1 413)
|
(1 476)
|
(1 519)
|
(1 561)
|
(1 568)
|
(1 578)
|
(1 593)
|
(1 612)
|
(1 626)
|
(1 620)
|
(1 656)
|
|
Depreciation & Amortization |
(731)
|
(724)
|
(718)
|
(717)
|
(711)
|
(707)
|
(701)
|
(691)
|
(674)
|
(659)
|
(653)
|
(645)
|
(635)
|
(626)
|
(612)
|
(603)
|
(275)
|
(197)
|
(114)
|
(7)
|
(212)
|
(183)
|
(192)
|
(244)
|
(303)
|
(361)
|
(390)
|
(395)
|
(403)
|
(414)
|
(438)
|
(447)
|
(469)
|
(476)
|
(459)
|
(460)
|
(446)
|
(440)
|
(437)
|
(435)
|
(428)
|
|
Other Operating Expenses |
23
|
21
|
18
|
59
|
40
|
31
|
133
|
93
|
94
|
366
|
201
|
215
|
354
|
250
|
321
|
159
|
9
|
(25)
|
(33)
|
(22)
|
(9)
|
(6)
|
(2)
|
(9)
|
(8)
|
(9)
|
(13)
|
(5)
|
(11)
|
(13)
|
(25)
|
(36)
|
(32)
|
(30)
|
(34)
|
(31)
|
(25)
|
(24)
|
(8)
|
(2)
|
(4)
|
|
Operating Income |
1 018
N/A
|
1 019
+0%
|
1 008
-1%
|
1 088
+8%
|
1 106
+2%
|
1 116
+1%
|
1 220
+9%
|
1 161
-5%
|
1 171
+1%
|
1 477
+26%
|
1 317
-11%
|
1 358
+3%
|
1 507
+11%
|
1 350
-10%
|
1 408
+4%
|
1 187
-16%
|
707
-40%
|
657
-7%
|
527
-20%
|
511
-3%
|
723
+41%
|
772
+7%
|
772
+0%
|
693
-10%
|
598
-14%
|
485
-19%
|
149
-69%
|
48
-68%
|
1
-97%
|
(35)
N/A
|
147
N/A
|
199
+36%
|
213
+7%
|
265
+25%
|
320
+21%
|
327
+2%
|
368
+13%
|
310
-16%
|
290
-6%
|
261
-10%
|
168
-36%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1 596)
|
(1 659)
|
(1 829)
|
(1 823)
|
(1 751)
|
(1 748)
|
(1 761)
|
(1 792)
|
(1 816)
|
(1 834)
|
(1 848)
|
(1 861)
|
(1 867)
|
(1 858)
|
(1 853)
|
(1 856)
|
(1 490)
|
(1 356)
|
(894)
|
(422)
|
(335)
|
(24)
|
(92)
|
(189)
|
(298)
|
(388)
|
(400)
|
(386)
|
(354)
|
(338)
|
(293)
|
(301)
|
(290)
|
(286)
|
(323)
|
(320)
|
(343)
|
(364)
|
(397)
|
(415)
|
(421)
|
|
Non-Reccuring Items |
(105)
|
(105)
|
(157)
|
(162)
|
(68)
|
(66)
|
(13)
|
(30)
|
(19)
|
0
|
0
|
150
|
150
|
0
|
0
|
(8)
|
(6)
|
(200)
|
(268)
|
(346)
|
(389)
|
(325)
|
9 242
|
9 328
|
9 370
|
7 770
|
(1 733)
|
(1 733)
|
(1 739)
|
(49)
|
(43)
|
(55)
|
(58)
|
(21)
|
(13)
|
(305)
|
(281)
|
(279)
|
(1 225)
|
(899)
|
(908)
|
|
Total Other Income |
(22)
|
(20)
|
11
|
12
|
9
|
28
|
32
|
11
|
13
|
(13)
|
(63)
|
(52)
|
(86)
|
(96)
|
(60)
|
(51)
|
(44)
|
(49)
|
(53)
|
(55)
|
(23)
|
(3)
|
(10)
|
(22)
|
(18)
|
(26)
|
(18)
|
(7)
|
(8)
|
(1)
|
0
|
(8)
|
(15)
|
(15)
|
(16)
|
(7)
|
(2)
|
(2)
|
(0)
|
(0)
|
(1)
|
|
Pre-Tax Income |
(705)
N/A
|
(764)
-8%
|
(968)
-27%
|
(885)
+9%
|
(704)
+21%
|
(670)
+5%
|
(522)
+22%
|
(650)
-24%
|
(651)
0%
|
(370)
+43%
|
(594)
-60%
|
(406)
+32%
|
(296)
+27%
|
(604)
-104%
|
(505)
+16%
|
(727)
-44%
|
(833)
-15%
|
(948)
-14%
|
(688)
+27%
|
(312)
+55%
|
(24)
+92%
|
420
N/A
|
9 912
+2 259%
|
9 809
-1%
|
9 653
-2%
|
7 841
-19%
|
(2 002)
N/A
|
(2 078)
-4%
|
(2 099)
-1%
|
(422)
+80%
|
(188)
+55%
|
(164)
+13%
|
(150)
+9%
|
(57)
+62%
|
(32)
+43%
|
(305)
-845%
|
(258)
+15%
|
(335)
-30%
|
(1 332)
-297%
|
(1 053)
+21%
|
(1 163)
-10%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
122
|
(43)
|
(31)
|
(129)
|
(59)
|
(47)
|
(69)
|
(48)
|
(87)
|
(40)
|
(45)
|
(48)
|
50
|
29
|
38
|
42
|
177
|
371
|
246
|
237
|
(14)
|
(115)
|
(90)
|
(96)
|
(59)
|
30
|
190
|
222
|
184
|
(47)
|
(115)
|
(103)
|
(8)
|
92
|
114
|
74
|
(5)
|
(101)
|
(3)
|
20
|
62
|
|
Income from Continuing Operations |
(584)
|
(807)
|
(999)
|
(1 014)
|
(762)
|
(716)
|
(592)
|
(698)
|
(738)
|
(410)
|
(639)
|
(454)
|
(247)
|
(575)
|
(467)
|
(685)
|
(656)
|
(577)
|
(442)
|
(75)
|
(38)
|
305
|
9 823
|
9 714
|
9 593
|
7 871
|
(1 812)
|
(1 856)
|
(1 915)
|
(469)
|
(303)
|
(268)
|
(158)
|
35
|
82
|
(231)
|
(263)
|
(436)
|
(1 335)
|
(1 034)
|
(1 100)
|
|
Income to Minority Interest |
(23)
|
(21)
|
(23)
|
(21)
|
(32)
|
(38)
|
(30)
|
(32)
|
(17)
|
(48)
|
(44)
|
(42)
|
(56)
|
(27)
|
(30)
|
(25)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
|
Net Income (Common) |
(610)
N/A
|
(828)
-36%
|
(1 022)
-23%
|
(1 035)
-1%
|
(794)
+23%
|
(755)
+5%
|
(623)
+18%
|
(730)
-17%
|
(755)
-3%
|
(458)
+39%
|
(683)
-49%
|
(496)
+27%
|
(302)
+39%
|
(602)
-99%
|
(497)
+17%
|
(710)
-43%
|
(398)
+44%
|
(427)
-7%
|
(323)
+24%
|
(4)
+99%
|
(202)
-4 489%
|
101
N/A
|
11 508
+11 328%
|
11 450
-1%
|
11 297
-1%
|
9 722
-14%
|
(1 812)
N/A
|
(1 857)
-2%
|
(1 915)
-3%
|
(468)
+76%
|
(303)
+35%
|
(267)
+12%
|
(159)
+40%
|
34
N/A
|
81
+138%
|
(233)
N/A
|
(265)
-14%
|
(438)
-66%
|
(1 337)
-205%
|
(1 036)
+23%
|
(1 103)
-6%
|
|
EPS (Diluted) |
-7.3
N/A
|
-9.89
-35%
|
-12.17
-23%
|
-12.32
-1%
|
-9.46
+23%
|
-8.98
+5%
|
-7.41
+17%
|
-8.64
-17%
|
-8.96
-4%
|
-5.44
+39%
|
-8.09
-49%
|
-5.87
+27%
|
-3.57
+39%
|
-7.11
-99%
|
-5.86
+18%
|
-8.34
-42%
|
-4.68
+44%
|
-5
-7%
|
-3.78
+24%
|
-0.05
+99%
|
-2.36
-4 620%
|
1.17
N/A
|
79.2
+6 669%
|
78.53
-1%
|
174.87
+123%
|
145.76
-17%
|
-26.61
N/A
|
-26.48
+0%
|
-26.83
-1%
|
-3.32
+88%
|
-2.14
+36%
|
-1.88
+12%
|
-1.09
+42%
|
0.22
N/A
|
0.54
+145%
|
-1.57
N/A
|
-1.79
-14%
|
-2.95
-65%
|
-8.98
-204%
|
-6.92
+23%
|
-7.39
-7%
|