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Gray Media, Inc (GTN)

Gray Media, Inc brought in $3.1B of revenue over the twelve months to June 30, 2026, down 11.3% from a year earlier. It posted a net loss of $26M. Operating cash flow minus capital spending left $181M of free cash flow in fiscal 2025. At June 30, 2026 it held $176M in cash against $5.8B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 7, 2026.

Revenue (last 12 months)
$3.1B
-11.3% year on year
Net margin
-0.8%

What Gray Media, Inc does

Gray Media, Inc is registered with the SEC under industry code SIC 4833 (Television Broadcasting Stations). Its shares trade on NYSE under the ticker GTN.

Revenue and profit by year

Revenue
FY18: $1.1B $1.1B FY18FY19: $2.1B $2.1B FY19FY20: $2.4B $2.4B FY20FY21: $2.4B $2.4B FY21FY22: $3.7B $3.7B FY22FY23: $3.3B $3.3B FY23FY24: $3.6B $3.6B FY24FY25: $3.1B $3.1B FY25
Net income
FY18: $211M $211M FY18FY19: $179M $179M FY19FY20: $410M $410M FY20FY21: $90M $90M FY21FY22: $455M $455M FY22FY23: -$76M -$76M FY23FY24: $375M $375M FY24FY25: -$85M -$85M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$3.1B$392M-$85M-$1.41$181M
2024$3.6B$851M$375M$3.36$608M
2023$3.3B$383M-$76M-$1.39$300M
2022$3.7B$990M$455M$4.33$393M
2021$2.4B$381M$90M$0.40$93M
2020$2.4B$752M$410M$3.69$542M

Latest SEC filings

What Gray Media, Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 21, 2026
  2. August 18, 2026
  3. August 17, 2026
  4. August 7, 2026
  5. August 7, 2026
    Quarterly report 10-Q · period to June 30, 2026
  6. August 7, 2026
  7. August 7, 2026
  8. August 7, 2026
  9. July 21, 2026
  10. July 16, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on May 21, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about GTN

What does Gray Media, Inc do?

Gray Media, Inc is registered with the SEC under industry code SIC 4833 (Television Broadcasting Stations). Its shares trade on NYSE under the ticker GTN.

Is Gray Media, Inc profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $26M on revenue of $3.1B.

How much revenue does Gray Media, Inc make?

Over the twelve months to June 30, 2026 Gray Media, Inc reported revenue of $3.1B. That is 11.3% less than a year earlier.

When did Gray Media, Inc last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 7, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the material agreement from August 21, 2026.

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Where the numbers come from

Financial figures are the values Gray Media, Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.