Gray Media (GTN) EBIT (2010 - 2026)
Gray Media (GTN) posted quarterly EBIT 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) EBIT (2010 - 2026) Analysis & Trends
Gray Media (GTN) has reported EBIT for 17 consecutive years, with $81.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBIT fell 11.96% year-over-year to $81.0 million; the TTM figure through Mar 2026 stood at $381.0 million (down 53.48% YoY), while the FY2025 annual figure was $392.0 million, down 53.94% from the prior year.
- EBIT retreated to $81.0 million in Q1 2026 per GTN's latest filing, from $116.0 million in the prior quarter.
- Across five years, EBIT topped out at $363.0 million in Q4 2022 and bottomed at $67.0 million in Q1 2023.
- Historically, EBIT has averaged $158.6 million across 5 years, with a median of $119.0 million in 2023.
- Annual changes were most pronounced in 2022 — EBIT surged 265.67% — and 2023, when it tumbled 68.87%.
- Gray Media's EBIT stood at $363.0 million in 2022, then tumbled by 68.87% to $113.0 million in 2023, then surged by 187.61% to $325.0 million in 2024, then plunged by 64.31% to $116.0 million in 2025, then sank by 30.17% to $81.0 million in 2026.
- Business Quant data shows GTN's EBIT 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) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.74 Bn | 5.53 Bn | 1.06 Bn | 362.00 Mn |
| 2 | Newsmax | 1.40 Bn | 1.35 Bn | 23.33 Mn | 1.30 Mn |
| 3 | Gray Media | 480.19 Mn | 304.19 Mn | 270.00 Mn | 136.00 Mn |
| 4 | iHeartMedia | 457.30 Mn | 282.86 Mn | 576.68 Mn | 35.50 Mn |
| 5 | FuboTV | 308.81 Mn | -143.61 Mn | 399.10 Mn | 31.23 Mn |
| 6 | E.W. Scripps | 303.44 Mn | 290.39 Mn | 196.33 Mn | -1.16 Bn |
| 7 | CuriosityStream | 174.02 Mn | 125.62 Mn | 16.93 Mn | 9.18 Mn |
| 8 | Mediaco Holding | 80.93 Mn | 79.13 Mn | -1.26 Mn | -4.89 Mn |
| 9 | Saga Communications | 56.13 Mn | 28.29 Mn | 20.50 Mn | 623,000.00 |
| 10 | Beasley Broadcast | 36.90 Mn | 30.20 Mn | - | 1.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 136.00 Mn |
| 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 | 113.00 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 | 105.00 Mn |
| Sep 30, 2021 | 67.00 Mn |