Gray Media (GTN) EBITDA (2010 - 2026)
Gray Media (GTN) reported EBITDA of $212 million for Q2 2026, up 24.7% from $170 million a year earlier and up 19.1% from the prior quarter.
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Analysis
Gray Media (GTN) EBITDA (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Gray Media's EBITDA came in at $769 million, down 31.6% year-over-year; for FY2025, it came in at $733 million, down 41.1% from FY2024.
- EBITDA has a five-year compound annual growth rate of -7.1% (FY2020 to FY2025).
- By year, EBITDA came in at $1.25 billion in FY2024 (+35.9%), $916 million in FY2023 (-40.2%), $1.53 billion in FY2022 (+113.2%) and $719 million in FY2021 (-32.0%).
- The Q2 2026 figure ranks as the highest quarterly EBITDA since Q4 2024.
- Year over year, EBITDA gained in three of the last eight quarters, with growth averaging 0.5%.
- The high point for year-over-year EBITDA in five years was Q3 2022 (growth of 156.4%); the low point was Q4 2025 (a decline of 53.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $178 million (Q1 2026), $198 million (Q4 2025) and $181 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.70 Bn | 63.36 Bn | 4.10 Bn | 1.40 Bn |
| 2 | Fox | 28.87 Bn | 14.68 Bn | - | 1.03 Bn |
| 3 | Omnicom | 22.69 Bn | 4.78 Bn | 1.30 Bn | 1.09 Bn |
| 4 | News | 17.02 Bn | 8.51 Bn | - | 406.00 Mn |
| 5 | Pearson | 11.88 Bn | 8.99 Bn | - | - |
| 6 | New York Times | 11.24 Bn | 8.72 Bn | 394.61 Mn | 139.14 Mn |
| 7 | Sirius Xm Holdings | 9.17 Bn | 8.75 Bn | 1.44 Bn | 641.00 Mn |
| 8 | Skydance | 7.82 Bn | 5.74 Bn | - | - |
| 9 | Wpp | 5.72 Bn | -6.32 Bn | - | - |
| 10 | Gray Media | 454.23 Mn | -530.77 Mn | 248.00 Mn | 215.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 215.00 Mn |
| Mar 31, 2026 | 182.00 Mn |
| Dec 31, 2025 | 202.00 Mn |
| Sep 30, 2025 | 185.00 Mn |
| Jun 30, 2025 | 174.00 Mn |
| Mar 31, 2025 | 188.00 Mn |
| Dec 31, 2024 | 427.00 Mn |
| Sep 30, 2024 | 352.00 Mn |
| Jun 30, 2024 | 256.00 Mn |
| Mar 31, 2024 | 225.00 Mn |
| Dec 31, 2023 | 249.00 Mn |
| Sep 30, 2023 | 219.00 Mn |
| Jun 30, 2023 | 257.00 Mn |
| Mar 31, 2023 | 204.00 Mn |
| Dec 31, 2022 | 502.00 Mn |
| Sep 30, 2022 | 386.00 Mn |
| Jun 30, 2022 | 357.00 Mn |
| Mar 31, 2022 | 304.00 Mn |
| Dec 31, 2021 | 208.00 Mn |
| Sep 30, 2021 | 152.00 Mn |
API Access
Gray Media EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=GTN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "GTN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=GTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();