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
DateValue
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