Gray Media (GTN) EBITDA (2010 - 2026)
Gray Media's (GTN) quarterly EBITDA came in at $170.0 million in Q2 2026, up 49.12% year-over-year from $114.0 million in Q2 2025, and up 49.12% quarter-over-quarter from $114.0 million in Q1 2026.
Analysis
Gray Media (GTN) EBITDA (2010 - 2026) Analysis & Trends
Gray Media (GTN) has reported EBITDA for 17 consecutive years, with $170.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA rose 49.12% year-over-year to $170.0 million in Q2 2026; TTM through Jun 2026 was $569.0 million, a 35.85% decrease from a year earlier, with the FY2025 full-year figure at $525.0 million, down 47.24% from the prior year.
- EBITDA was $170.0 million for Q2 2026 at Gray Media, up from $114.0 million in the prior quarter.
- Over five years, EBITDA peaked at $396.0 million in Q4 2022 and troughed at $102.0 million in Q1 2023.
- A 5-year average of $191.7 million and a median of $157.0 million in 2023 frame the typical range for EBITDA.
- Across the five-year window, EBITDA jumped 198.92% in 2022 and slumped 61.62% in 2023, its largest moves.
- Over 5 years, EBITDA stood at $396.0 million in 2022, then tumbled by 61.62% to $152.0 million in 2023, then surged by 137.5% to $361.0 million in 2024, then sank by 58.45% to $150.0 million in 2025, then grew by 13.33% to $170.0 million in 2026.
- The last three EBITDA figures came in at $170.0 million (Q2 2026), $114.0 million (Q1 2026), and $150.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 70.85 Bn | 68.64 Bn | 4.10 Bn | 237.00 Mn |
| 2 | Fox | 25.18 Bn | 21.07 Bn | - | 921.00 Mn |
| 3 | Paramount Skydance | 12.03 Bn | 9.95 Bn | -2.08 Bn | -1.29 Bn |
| 4 | Nexstar Media | 5.45 Bn | 5.21 Bn | 1.06 Bn | 362.00 Mn |
| 5 | Versant Media | 5.37 Bn | 4.01 Bn | 994.00 Mn | 367.00 Mn |
| 6 | Newsmax | 1.36 Bn | 1.32 Bn | 23.33 Mn | 1.83 Mn |
| 7 | Gray Media | 569.52 Mn | 393.52 Mn | 270.00 Mn | 170.00 Mn |
| 8 | AMC Global Media | 536.84 Mn | 107.99 Mn | 258.71 Mn | 15.85 Mn |
| 9 | Starz Entertainment | 451.75 Mn | 349.65 Mn | - | - |
| 10 | E.W. Scripps | 266.43 Mn | 253.38 Mn | 196.33 Mn | -1.14 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 170.00 Mn |
| Mar 31, 2026 | 114.00 Mn |
| Dec 31, 2025 | 150.00 Mn |
| Sep 30, 2025 | 135.00 Mn |
| Jun 30, 2025 | 114.00 Mn |
| Mar 31, 2025 | 126.00 Mn |
| Dec 31, 2024 | 361.00 Mn |
| Sep 30, 2024 | 286.00 Mn |
| Jun 30, 2024 | 188.00 Mn |
| Mar 31, 2024 | 160.00 Mn |
| Dec 31, 2023 | 152.00 Mn |
| Sep 30, 2023 | 120.00 Mn |
| Jun 30, 2023 | 154.00 Mn |
| Mar 31, 2023 | 102.00 Mn |
| Dec 31, 2022 | 396.00 Mn |
| Sep 30, 2022 | 278.00 Mn |
| Jun 30, 2022 | 249.00 Mn |
| Mar 31, 2022 | 196.00 Mn |
| Dec 31, 2021 | 133.00 Mn |
| Sep 30, 2021 | 93.00 Mn |