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| Date | Value |
|---|---|
| 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 |