Gray Media (GTN-A) Operating Income (2010 - 2026)

Gray Media (GTN-A) reported Operating Income of $81.0 million for Q1 2026, down 11.96% year-over-year from $92.0 million in Q1 2025, and down 30.17% quarter-over-quarter from $116.0 million in Q4 2025.

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

Gray Media (GTN-A) has 17 years of Operating Income data on file, last reported at $81.0 million in Q1 2026.

  • Operating Income for Q1 2026 came in at $81.0 million, down 11.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $381.0 million (down 53.48% YoY), and the FY2025 annual result was $392.0 million, down 53.94% from the prior year.
  • Operating Income eased to $81.0 million in Q1 2026 per GTN-A's latest filing, from $116.0 million in the prior quarter.
  • Over five years, Operating Income peaked at $363.0 million in Q4 2022 and troughed at -$287.0 million in Q4 2023.
  • A 5-year average of $135.1 million and a median of $119.0 million in 2023 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2022 and 2023: Operating Income surged 265.67% in 2022, then plunged 179.06% in 2023.
  • A 5-year view of Operating Income shows it stood at $363.0 million in 2022, then sank by 179.06% to -$287.0 million in 2023, then surged by 213.24% to $325.0 million in 2024, then tumbled by 64.31% to $116.0 million in 2025, then plunged by 30.17% to $81.0 million in 2026.
  • Business Quant data shows GTN-A's Operating Income at $81.0 million in Q1 2026, $116.0 million in Q4 2025, and $102.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (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 31.23 Mn
3 Newsmax 996.58 Mn 956.14 Mn 21.36 Mn -4.68 Mn
4 iHeartMedia 598.23 Mn 466.54 Mn 509.13 Mn 1.49 Mn
5 Gray Media 394.79 Mn 135.79 Mn 213.00 Mn 81.00 Mn
6 E.W. Scripps 304.31 Mn 220.58 Mn 206.07 Mn 24.77 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 81.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 81.00 Mn
Dec 31, 2025 116.00 Mn
Sep 30, 2025 102.00 Mn
Jun 30, 2025 82.00 Mn
Mar 31, 2025 92.00 Mn
Dec 31, 2024 325.00 Mn
Sep 30, 2024 250.00 Mn
Jun 30, 2024 152.00 Mn
Mar 31, 2024 124.00 Mn
Dec 31, 2023 -287.00 Mn
Sep 30, 2023 84.00 Mn
Jun 30, 2023 119.00 Mn
Mar 31, 2023 67.00 Mn
Dec 31, 2022 363.00 Mn
Sep 30, 2022 245.00 Mn
Jun 30, 2022 218.00 Mn
Mar 31, 2022 164.00 Mn
Dec 31, 2021 -241.00 Mn
Sep 30, 2021 67.00 Mn
Jun 30, 2021 108.00 Mn