Gray Media (GTN) Cost of Revenue (2018 - 2026)

Gray Media (GTN) has 9 years of Cost of Revenue data on file, last reported at $555.0 million in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $555.0 million, down 3.81% year-over-year; the trailing twelve-month figure through Mar 2026 was -$990.0 million (down 183.33% YoY), and the FY2025 annual result was $95.0 million, up 14.46% from the prior year.
• Cost of Revenue advanced to $555.0 million in Q1 2026 per GTN's latest filing, from -$1.6 billion in the prior quarter.
• Over five years, Cost of Revenue peaked at $577.0 million in Q1 2025 and troughed at -$1.6 billion in Q4 2025.
• A 5-year average of -$97.7 million and a median of $21.0 million in 2024 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2023 and 2025: Cost of Revenue jumped 3842.86% in 2023, then tumbled 6203.85% in 2025.
• A 5-year view of Cost of Revenue shows it stood at -$1.5 billion in 2022, then decreased by 2.45% to -$1.5 billion in 2023, then soared by 101.68% to $26.0 million in 2024, then plunged by 6203.85% to -$1.6 billion in 2025, then soared by 134.97% to $555.0 million in 2026.
• Business Quant data shows GTN's Cost of Revenue at $555.0 million in Q1 2026, -$1.6 billion in Q4 2025, and $22.0 million in Q3 2025.