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.

• On a quarterly basis, Cost of Revenue fell 3.81% year-over-year to $555.0 million in Q1 2026; TTM through Mar 2026 was $1.2 billion, a 1398.7% increase from a year earlier, with the FY2025 full-year figure at $2.2 billion, up 2597.59% from the prior year.
• Cost of Revenue for Q1 2026 stood at $555.0 million, roughly flat from $557.0 million in the prior quarter.
• Over the last five years, Cost of Revenue for GTN reached as high as $2.2 billion in Q4 2023 and fell as low as -$1.6 billion in Q4 2024.
• Historically, Cost of Revenue has averaged $428.4 million across 5 years, with a median of $555.0 million in 2023.
• Across the five-year window, Cost of Revenue jumped 5766.67% in 2022 and plunged 175.05% in 2024, its largest moves.
• Year by year, Cost of Revenue stood at $570.0 million in 2022, then surged by 282.46% to $2.2 billion in 2023, then plunged by 175.05% to -$1.6 billion in 2024, then jumped by 134.05% to $557.0 million in 2025, then retreated by 0.36% to $555.0 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $555.0 million in Q1 2026, $557.0 million in Q4 2025, and $22.0 million in Q3 2025.