How does the Netflix partnership impact iHeartMedia?

Analysts view the growing Netflix partnership as a bright spot that could support iHeartMedia's long-term growth by boosting advertising and subscription revenue.

When will iHeartMedia report Q2 results?

iHeartMedia is expected to report Q2 results later this month, but the exact date has not been announced.

Bank of America Highlights iHeartMedia's Growing Netflix Ties

Bank of America maintained its Q2 revenue estimates for iHeartMedia, noting the growing partnership with Netflix as a bright spot for the audio company.

July 7, 2026

2 min read

Source: Proactive

Key Numbers

revenue estimate

1.1B

ebitda estimate

260M

Bank of America (BofA) maintained its Q2 2026 revenue estimates for iHeartMedia (NASDAQ:IHRT), highlighting the expanding partnership with Netflix (NFLX) as a bright spot for the audio company. In a research note, analysts reiterated their expectation that iHeartMedia will report quarterly revenue largely in line with company guidance.

Analyst Estimates

BofA kept its Q2 revenue estimate at $1.1 billion and EBITDA at $260 million. These figures align with the guidance previously provided by iHeartMedia.

Analyst Rationale

Analysts see the expanded Netflix partnership as a key factor that could support iHeartMedia's long-term growth. Specific details about the scope of the partnership were not disclosed, but it is expected to contribute to advertising and subscription revenue.

Context

The estimates come ahead of iHeartMedia's Q2 earnings release, expected later this month. The stock has not shown significant moves ahead of the announcement. Other analysts have not yet issued similar updates.

What This Means for Investors

BofA's emphasis on the Netflix partnership raises interest in how iHeartMedia can leverage Netflix's audio content to drive revenue. Investors await the actual results to see if estimates materialize.

Frequently Asked Questions

Bank of America estimates iHeartMedia's Q2 revenue at $1.1 billion and EBITDA at $260 million.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.