Gray Media (GTN) Capital Expenditures (2010 - 2026)
Gray Media (GTN) posted quarterly Capital Expenditures of $19.0 million for Q1 2026, up 26.67% year-over-year from $15.0 million in Q1 2025, and down 55.81% quarter-over-quarter from $43.0 million in Q4 2025.
Gray Media (GTN) Capital Expenditures (2010 - 2026) Analysis & Trends
Gray Media (GTN) has reported Capital Expenditures for 17 consecutive years, with $19.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Capital Expenditures rose 26.67% year-over-year to $19.0 million; the TTM figure through Mar 2026 stood at $112.0 million (down 9.68% YoY), while the FY2025 annual figure was $108.0 million, down 24.48% from the prior year.
- Capital Expenditures retreated to $19.0 million in Q1 2026 per GTN's latest filing, from $43.0 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $139.0 million in Q3 2022 and bottomed at $15.0 million in Q1 2025.
- Historically, Capital Expenditures has averaged $62.0 million across 5 years, with a median of $43.0 million in 2025.
- Annual changes were most pronounced in 2022 — Capital Expenditures jumped 321.21% — and 2024, when it tumbled 71.84%.
- Gray Media's Capital Expenditures stood at $138.0 million in 2022, then plunged by 56.52% to $60.0 million in 2023, then plunged by 33.33% to $40.0 million in 2024, then grew by 7.5% to $43.0 million in 2025, then slumped by 55.81% to $19.0 million in 2026.
- Business Quant data shows GTN's Capital Expenditures at $19.0 million in Q1 2026, $43.0 million in Q4 2025, and $25.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.70 Bn | 5.48 Bn | 1.06 Bn | 45.00 Mn |
| 2 | Newsmax | 1.40 Bn | 1.35 Bn | 23.33 Mn | - |
| 3 | Gray Media | 482.16 Mn | 306.16 Mn | 270.00 Mn | 17.00 Mn |
| 4 | iHeartMedia | 440.79 Mn | 266.35 Mn | 576.68 Mn | 18.93 Mn |
| 5 | E.W. Scripps | 300.67 Mn | 287.63 Mn | 196.33 Mn | 16.53 Mn |
| 6 | FuboTV | 298.77 Mn | -153.64 Mn | 399.10 Mn | -5.92 Mn |
| 7 | CuriosityStream | 164.84 Mn | 116.45 Mn | 16.93 Mn | - |
| 8 | Mediaco Holding | 88.37 Mn | 86.56 Mn | -1.26 Mn | 34,000.00 |
| 9 | Saga Communications | 55.91 Mn | 28.06 Mn | 20.50 Mn | 2.99 Mn |
| 10 | Beasley Broadcast | 37.55 Mn | 30.85 Mn | - | 803,675.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.00 Mn |
| Jun 30, 2026 | 17.00 Mn |
| Mar 31, 2026 | 19.00 Mn |
| Mar 31, 2026 | 19.00 Mn |
| Dec 31, 2025 | 43.00 Mn |
| Dec 31, 2025 | 43.00 Mn |
| Sep 30, 2025 | 25.00 Mn |
| Sep 30, 2025 | 25.00 Mn |
| Jun 30, 2025 | 25.00 Mn |
| Jun 30, 2025 | 25.00 Mn |
| Mar 31, 2025 | 15.00 Mn |
| Mar 31, 2025 | 15.00 Mn |
| Dec 31, 2024 | 40.00 Mn |
| Dec 31, 2024 | 40.00 Mn |
| Sep 30, 2024 | 40.00 Mn |
| Sep 30, 2024 | 40.00 Mn |
| Jun 30, 2024 | 29.00 Mn |
| Jun 30, 2024 | 29.00 Mn |
| Mar 31, 2024 | 34.00 Mn |
| Mar 31, 2024 | 34.00 Mn |