Gray Media (GTN) EBITDA (2010 - 2026)
Gray Media's (GTN) quarterly EBITDA came in at $81.0 million in Q1 2026, down 11.96% year-on-year from $92.0 million in Q1 2025, and down 30.17% on a QoQ basis from $116.0 million in Q4 2025.
Gray Media (GTN) EBITDA (2010 - 2026) Analysis & Trends
Gray Media (GTN) has 17 years of EBITDA data on file, last reported at $81.0 million in Q1 2026.
- On a quarterly basis, EBITDA fell 11.96% year-over-year to $81.0 million in Q1 2026; TTM through Mar 2026 was $381.0 million, a 53.48% decrease from a year earlier, with the FY2025 full-year figure at $392.0 million, down 53.94% from the prior year.
- EBITDA for Q1 2026 stood at $81.0 million, down from $116.0 million in the prior quarter.
- Over the last five years, EBITDA for GTN reached as high as $363.0 million in Q4 2022 and fell as low as $67.0 million in Q1 2023.
- Historically, EBITDA has averaged $158.6 million across 5 years, with a median of $119.0 million in 2023.
- Across the five-year window, EBITDA soared 265.67% in 2022 and sank 68.87% in 2023, its largest moves.
- Year by year, EBITDA stood at $363.0 million in 2022, then tumbled by 68.87% to $113.0 million in 2023, then jumped 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.
- Per Business Quant data, the three most recent EBITDA figures were $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) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.66 Bn | 5.23 Bn | 785.00 Mn | 265.00 Mn |
| 2 | Newsmax | 840.22 Mn | 799.79 Mn | 21.36 Mn | -4.68 Mn |
| 3 | iHeartMedia | 565.51 Mn | 430.46 Mn | 509.13 Mn | 1.49 Mn |
| 4 | Gray Media | 389.45 Mn | 130.45 Mn | 213.00 Mn | 81.00 Mn |
| 5 | E.W. Scripps | 268.40 Mn | 184.68 Mn | 206.07 Mn | 24.77 Mn |
| 6 | FuboTV | 251.35 Mn | -201.06 Mn | 399.10 Mn | 31.23 Mn |
| 7 | CuriosityStream | 140.99 Mn | 107.64 Mn | 11.62 Mn | -3.37 Mn |
| 8 | Mediaco Holding | 83.31 Mn | 80.20 Mn | -3.44 Mn | -7.53 Mn |
| 9 | Saga Communications | 51.99 Mn | 21.56 Mn | 17.72 Mn | -3.26 Mn |
| 10 | Beasley Broadcast | 37.48 Mn | 31.05 Mn | - | 7.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 108.00 Mn |