Gray Media (GTN-A) Net Margin (2010 - 2026)
Gray Media (GTN-A) reported Net Margin of 4.3% for Q1 2026, down 148.0% year-over-year from 8.95% in Q1 2025, and down 47.96% quarter-over-quarter from 2.9% in Q4 2025.
Gray Media (GTN-A) Net Margin (2010 - 2026) Analysis & Trends
Gray Media (GTN-A) has 17 years of Net Margin data on file, last reported at 4.3% in Q1 2026.
- Net Margin for Q1 2026 came in at 4.3%, down 148.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.8% (down 1108.0% YoY), and the FY2025 annual result was 4.43%, down 1329.0% from the prior year.
- Net Margin retreated to 4.3% in Q1 2026 per GTN-A's latest filing, from 2.9% in the prior quarter.
- Over five years, Net Margin peaked at 16.14% in Q4 2022 and troughed at 8.94% in Q2 2025.
- A 5-year average of 2.27% and a median of 1.11% in 2023 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2024: Net Margin tumbled 1868 bps in 2023, then jumped 1747 bps in 2024.
- A 5-year view of Net Margin shows it stood at 16.14% in 2022, then slumped by 116 bps to 2.55% in 2023, then jumped by 686 bps to 14.93% in 2024, then sank by 119 bps to 2.9% in 2025, then slumped by 48 bps to 4.3% in 2026.
- Business Quant data shows GTN-A's Net Margin at 4.3% in Q1 2026, 2.9% in Q4 2025, and 3.07% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.44 Bn | 5.04 Bn | -505.00 Mn | 150.94% |
| 2 | FuboTV | 3.41 Bn | 5.34 Bn | 348.72 Mn | -48.15% |
| 3 | Newsmax | 996.58 Mn | 956.14 Mn | 21.36 Mn | -64.52% |
| 4 | iHeartMedia | 598.23 Mn | 466.54 Mn | 509.13 Mn | -10.81% |
| 5 | Gray Media | 394.79 Mn | 135.79 Mn | 213.00 Mn | -4.30% |
| 6 | E.W. Scripps | 304.31 Mn | 220.58 Mn | 206.07 Mn | -3.48% |
| 7 | CuriosityStream | 163.77 Mn | 154.55 Mn | 11.62 Mn | -18.12% |
| 8 | Mediaco Holding | 58.80 Mn | 58.80 Mn | -3.44 Mn | -29.85% |
| 9 | Saga Communications | 54.09 Mn | 23.65 Mn | 17.72 Mn | -13.73% |
| 10 | Gray Media | - | - | 213.00 Mn | -4.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.30% |
| Dec 31, 2025 | -2.90% |
| Sep 30, 2025 | -3.07% |
| Jun 30, 2025 | -8.94% |
| Mar 31, 2025 | -2.81% |
| Dec 31, 2024 | 14.93% |
| Sep 30, 2024 | 8.74% |
| Jun 30, 2024 | 1.09% |
| Mar 31, 2024 | 9.11% |
| Dec 31, 2023 | -2.55% |
| Sep 30, 2023 | -6.60% |
| Jun 30, 2023 | -1.11% |
| Mar 31, 2023 | -5.49% |
| Dec 31, 2022 | 16.14% |
| Sep 30, 2022 | 10.45% |
| Jun 30, 2022 | 9.91% |
| Mar 31, 2022 | 5.93% |
| Dec 31, 2021 | 2.22% |
| Sep 30, 2021 | -4.99% |
| Jun 30, 2021 | 4.75% |