Gray Media (GTN-A) EBITDA (2010 - 2026)

Gray Media (GTN-A) reported EBITDA of $114.0 million for Q1 2026, down 9.52% year-over-year from $126.0 million in Q1 2025, and down 24.0% quarter-over-quarter from $150.0 million in Q4 2025.

Gray Media (GTN-A) EBITDA (2010 - 2026) Analysis & Trends

Gray Media (GTN-A) has 17 years of EBITDA data on file, last reported at $114.0 million in Q1 2026.

  • EBITDA for Q1 2026 came in at $114.0 million, down 9.52% year-over-year; the trailing twelve-month figure through Mar 2026 was $513.0 million (down 46.62% YoY), and the FY2025 annual result was $525.0 million, down 47.24% from the prior year.
  • EBITDA eased to $114.0 million in Q1 2026 per GTN-A's latest filing, from $150.0 million in the prior quarter.
  • Over five years, EBITDA peaked at $396.0 million in Q4 2022 and troughed at -$248.0 million in Q4 2023.
  • A 5-year average of $169.5 million and a median of $154.0 million in 2023 frame the typical range for EBITDA.
  • The sharpest annual moves came in 2022 and 2023: EBITDA surged 285.92% in 2022, then sank 162.63% in 2023.
  • A 5-year view of EBITDA shows it stood at $396.0 million in 2022, then slumped by 162.63% to -$248.0 million in 2023, then soared by 245.56% to $361.0 million in 2024, then plunged by 58.45% to $150.0 million in 2025, then slipped by 24.0% to $114.0 million in 2026.
  • Business Quant data shows GTN-A's EBITDA at $114.0 million in Q1 2026, $150.0 million in Q4 2025, and $135.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Nexstar Media 5.44 Bn 5.04 Bn -505.00 Mn 24.00 Mn
2 FuboTV 3.41 Bn 5.34 Bn 348.72 Mn -184.12 Mn
3 Newsmax 996.58 Mn 956.14 Mn 21.36 Mn -3.32 Mn
4 iHeartMedia 598.23 Mn 466.54 Mn 509.13 Mn -95.52 Mn
5 Gray Media 394.79 Mn 135.79 Mn 213.00 Mn 114.00 Mn
6 E.W. Scripps 304.31 Mn 220.58 Mn 206.07 Mn 38.05 Mn
7 CuriosityStream 163.77 Mn 154.55 Mn 11.62 Mn -3.37 Mn
8 Mediaco Holding 58.80 Mn 58.80 Mn -3.44 Mn -7.53 Mn
9 Saga Communications 54.09 Mn 23.65 Mn 17.72 Mn -3.26 Mn
10 Gray Media - - 213.00 Mn 114.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 114.00 Mn
Dec 31, 2025 150.00 Mn
Sep 30, 2025 135.00 Mn
Jun 30, 2025 114.00 Mn
Mar 31, 2025 126.00 Mn
Dec 31, 2024 361.00 Mn
Sep 30, 2024 286.00 Mn
Jun 30, 2024 188.00 Mn
Mar 31, 2024 160.00 Mn
Dec 31, 2023 -248.00 Mn
Sep 30, 2023 120.00 Mn
Jun 30, 2023 154.00 Mn
Mar 31, 2023 102.00 Mn
Dec 31, 2022 396.00 Mn
Sep 30, 2022 278.00 Mn
Jun 30, 2022 249.00 Mn
Mar 31, 2022 196.00 Mn
Dec 31, 2021 -213.00 Mn
Sep 30, 2021 93.00 Mn
Jun 30, 2021 133.00 Mn