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iHeartMedia vs Townsquare Media: revenue, profit, margins and growth compared

iHeartMedia brought in $3.9B of revenue in fiscal 2025, Townsquare Media $427.4M in fiscal 2025. Revenue changed by +0.3% at iHeartMedia and -5.2% at Townsquare Media on the year before, so iHeartMedia grew faster. iHeartMedia kept -12.2% of its revenue as net profit, Townsquare Media -2.7%. Free cash flow was $10.9M at iHeartMedia and $15.4M at Townsquare Media.

Side by side, latest fiscal year

IHRTTSQ
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$3.9B$427.4M
Revenue growth+0.3%-5.2%
Net income-$472.9M-$11.5M
Net margin-12.2%-2.7%
Free cash flow$10.9M$15.4M
Free cash flow margin0.3%3.6%
Earnings per share (diluted)-$3.06n/a
Cash$270.9M$4.8M
Debt$5.1B$433M
Price to earningsn/an/a
Market value$296.8M$84M
Dividend yieldn/a17.35%
Rank by revenue in sector#258 of 1065 · Consumer discretionary#615 of 1065 · Consumer discretionary

Over the years

Revenue
IHRT FY2017: $3.6BIHRT FY2018: $3.6BIHRT FY2020: $2.9BIHRT FY2021: $3.6BIHRT FY2022: $3.9BIHRT FY2023: $3.8BIHRT FY2024: $3.9BIHRT FY2025: $3.9BTSQ FY2018: $407.9MTSQ FY2019: $431.4MTSQ FY2020: $371.3MTSQ FY2021: $418MTSQ FY2022: $463.1MTSQ FY2023: $454.2MTSQ FY2024: $451MTSQ FY2025: $427.4MFY17FY18FY19FY20FY21FY22FY23FY24FY25
IHRT $3.9BTSQ $427.4M
Net income
IHRT FY2017: -$398.1MIHRT FY2018: -$201.9MIHRT FY2020: -$1.9BIHRT FY2021: -$159.2MIHRT FY2022: -$264.7MIHRT FY2023: -$1.1BIHRT FY2024: -$1BIHRT FY2025: -$472.9MTSQ FY2018: -$98.7MTSQ FY2019: -$67.8MTSQ FY2020: -$82.5MTSQ FY2021: $16.7MTSQ FY2022: $12.3MTSQ FY2023: -$45MTSQ FY2024: -$12.7MTSQ FY2025: -$11.5MFY17FY18FY19FY20FY21FY22FY23FY24FY25
IHRT -$472.9MTSQ -$11.5M
Net margin
IHRT FY2017: -11.1%IHRT FY2018: -5.6%IHRT FY2020: -64.9%IHRT FY2021: -4.5%IHRT FY2022: -6.8%IHRT FY2023: -29.4%IHRT FY2024: -26.2%IHRT FY2025: -12.2%TSQ FY2018: -24.2%TSQ FY2019: -15.7%TSQ FY2020: -22.2%TSQ FY2021: 4.0%TSQ FY2022: 2.7%TSQ FY2023: -9.9%TSQ FY2024: -2.8%TSQ FY2025: -2.7%FY17FY18FY19FY20FY21FY22FY23FY24FY25
IHRT -12.2%TSQ -2.7%
Revenue growth
IHRT FY2018: +0.7%IHRT FY2021: +20.7%IHRT FY2022: +9.9%IHRT FY2023: -4.1%IHRT FY2024: +2.8%IHRT FY2025: +0.3%TSQ FY2019: +5.8%TSQ FY2020: -13.9%TSQ FY2021: +12.6%TSQ FY2022: +10.8%TSQ FY2023: -1.9%TSQ FY2024: -0.7%TSQ FY2025: -5.2%FY18FY19FY20FY21FY22FY23FY24FY25
IHRT +0.3%TSQ -5.2%
Free cash flow
IHRT FY2017: -$558.9MIHRT FY2018: $881.4MIHRT FY2020: $130.7MIHRT FY2021: $147.2MIHRT FY2022: $259.1MIHRT FY2023: $110.4MIHRT FY2024: -$26.2MIHRT FY2025: $10.9MTSQ FY2018: $16.7MTSQ FY2019: $20.3MTSQ FY2020: $16.5MTSQ FY2021: $48.7MTSQ FY2022: $34.4MTSQ FY2023: $52.8MTSQ FY2024: $31.3MTSQ FY2025: $15.4MFY17FY18FY19FY20FY21FY22FY23FY24FY25
IHRT $10.9MTSQ $15.4M

Fiscal years as each company reports them; the two may end in different months.

Questions about iHeartMedia and Townsquare Media

Which is bigger by revenue, iHeartMedia or Townsquare Media?

iHeartMedia is bigger by revenue: $3.9B in fiscal 2025, against $427.4M for Townsquare Media in fiscal 2025.

Which keeps more of its revenue as profit, iHeartMedia or Townsquare Media?

iHeartMedia had a net margin of -12.2% in fiscal 2025; Townsquare Media had -2.7% in fiscal 2025.

Which grew revenue faster, iHeartMedia or Townsquare Media?

In their latest fiscal years revenue changed by +0.3% at iHeartMedia and -5.2% at Townsquare Media.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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