Gray Media (GTN) Change in Taxes (2016 - 2026)
Gray Media's (GTN) quarterly Change in Taxes came in at $3.0 million in Q1 2026, up 200.0% year-on-year from $1.0 million in Q1 2025, and up 120.0% on a QoQ basis from -$15.0 million in Q4 2025.
Gray Media (GTN) Change in Taxes (2016 - 2026) Analysis & Trends
Gray Media (GTN) has 11 years of Change in Taxes data on file, last reported at $3.0 million in Q1 2026.
- On a quarterly basis, Change in Taxes rose 200.0% year-over-year to $3.0 million in Q1 2026; TTM through Mar 2026 was $2.0 million, a 104.0% increase from a year earlier, with the FY2024 full-year figure at -$17.0 million, down 342.86% from the prior year.
- Change in Taxes for Q1 2026 stood at $3.0 million, up from -$15.0 million in the prior quarter.
- Over the last five years, Change in Taxes for GTN reached as high as $85.0 million in Q2 2022 and fell as low as -$51.0 million in Q4 2024.
- Historically, Change in Taxes has averaged -$176470.6 across 5 years, with a median of $1.0 million in 2025.
- Across the five-year window, Change in Taxes jumped 525.0% in 2022 and sank 1600.0% in 2024, its largest moves.
- Year by year, Change in Taxes stood at -$18.0 million in 2022, then jumped by 188.89% to $16.0 million in 2023, then sank by 418.75% to -$51.0 million in 2024, then jumped by 70.59% to -$15.0 million in 2025, then soared by 120.0% to $3.0 million in 2026.
- Per Business Quant data, the three most recent Change in Taxes figures were $3.0 million in Q1 2026, -$15.0 million in Q4 2025, and $15.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.66 Bn | 5.23 Bn | 785.00 Mn | 43.00 Mn |
| 2 | Newsmax | 840.22 Mn | 799.79 Mn | 21.36 Mn | - |
| 3 | iHeartMedia | 565.51 Mn | 430.46 Mn | 509.13 Mn | - |
| 4 | Gray Media | 389.45 Mn | 130.45 Mn | 213.00 Mn | 3.00 Mn |
| 5 | E.W. Scripps | 268.40 Mn | 184.68 Mn | 206.07 Mn | - |
| 6 | FuboTV | 251.35 Mn | -201.06 Mn | 399.10 Mn | - |
| 7 | CuriosityStream | 140.99 Mn | 107.64 Mn | 11.62 Mn | - |
| 8 | Mediaco Holding | 83.31 Mn | 80.20 Mn | -3.44 Mn | - |
| 9 | Saga Communications | 51.99 Mn | 21.56 Mn | 17.72 Mn | - |
| 10 | Beasley Broadcast | 37.48 Mn | 31.05 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.00 Mn |
| Mar 31, 2026 | 3.00 Mn |
| Dec 31, 2025 | -15.00 Mn |
| Dec 31, 2025 | -15.00 Mn |
| Sep 30, 2025 | 15.00 Mn |
| Sep 30, 2025 | 15.00 Mn |
| Jun 30, 2025 | -1.00 Mn |
| Jun 30, 2025 | -1.00 Mn |
| Mar 31, 2025 | 1.00 Mn |
| Mar 31, 2025 | 1.00 Mn |
| Dec 31, 2024 | -51.00 Mn |
| Dec 31, 2024 | -51.00 Mn |
| Sep 30, 2024 | 45.00 Mn |
| Sep 30, 2024 | 45.00 Mn |
| Jun 30, 2024 | -45.00 Mn |
| Jun 30, 2024 | -45.00 Mn |
| Mar 31, 2024 | 34.00 Mn |
| Mar 31, 2024 | 34.00 Mn |
| Dec 31, 2023 | 16.00 Mn |
| Dec 31, 2023 | 16.00 Mn |