Gray Media Inc.

GTN Communication Services Broadcasting

Gray Media Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.1 billion, down 15.1% from fiscal 2024. In the quarter to June 2026, revenue grew 8.68%, EPS grew 120.1%, free cash flow grew 2,750.0% and total debt rose 3.90%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

4.38 0.08 −1.79%
Market cap
$468.7M
P/E
0.0×
Fwd P/E
2.2×
Dividend yield
7.31%
F-score
3/9
Altman Z
0.63
Beneish M
−2.90
Dividend safety
37/100

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Older periods Sep '25 Dec '25 Mar '26 Jun '26
Revenue

+8 more TTM periods

3,348.00 3,095.00 3,081.00 3,148.00
Cost of Revenue
2,368.00 2,334.00 2,320.00 2,328.00
Gross Profit
980.00 761.00 761.00 820.00
SG&A Expenses
109.00 113.00 120.00 132.00
Operating Income
601.00 392.00 381.00 435.00
Non-operating Income/Expense
(472.00) (505.00) (498.00) (498.00)
Non-operating Interest Expenses
477.00 474.00 473.00 473.00
EBT
129.00 (113.00) (117.00) (63.00)
Income Tax Provision
35.00 (28.00) (21.00) (37.00)
Income after Tax
94.00 (85.00) (96.00) (26.00)
Dividends (Preferred)
52.00 52.00 52.00 32.00
Net Income Common
42.00 (137.00) (148.00) (58.00)
EPS (Basic)
0.46 (1.42) (1.53) (0.68)
EPS (Diluted)
0.41 (1.42) (1.53) (0.68)
Shares (Basic, Weighted)
96.25 96.75 97.00 97.25
Shares (Diluted, Weighted)
96.50 96.75 97.00 97.75
Gross Margin
29.27% 24.59% 24.70% 26.05%
EBIT Margin
17.95% 12.67% 12.37% 13.82%
EBT margin
3.85% (3.65%) (3.80%) (2.00%)
Net Profit Margin
1.25% (4.43%) (4.80%) (1.84%)
Free Cash Flow Margin
13.14% 5.85% 1.17% 4.64%
EBITDA
890.00 702.00 693.00 713.00
EBIT
601.00 392.00 381.00 435.00
EPS (Diluted, from Cont. Ops)
0.99 (0.88) (0.99) (0.27)
EPS (Diluted, Consolidated)
0.99 (0.88) (0.99) (0.27)
EPS (Basic, Consolidated)
0.99 (0.88) (0.99) (0.27)
Shares (Diluted, Average)
97.00 96.75 97.00 97.75
EPS (Basic, from Continuous Ops)
0.99 (0.88) (0.99) (0.27)
Income from Continuous Operations
94.00 (85.00) (96.00) (26.00)
Consolidated Net Income/Loss
94.00 (85.00) (96.00) (26.00)
EBITDA Margin
26.58% 22.68% 22.49% 22.65%
Operating Cash Flow Margin
16.28% 9.34% 5.13% 7.94%

Fold the line items

In millions of $ except per-share values · columns are period end dates