Gray Media (GTN) EBT (2010 - 2026)
Gray Media (GTN) posted quarterly EBT of -$28.0 million for Q1 2026, down 16.67% year-over-year from -$33.6 million in Q1 2025, and down 7.69% quarter-over-quarter from -$26.0 million in Q4 2025.
Gray Media (GTN) EBT (2010 - 2026) Analysis & Trends
Gray Media (GTN) has reported EBT for 17 consecutive years, with -$28.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT fell 16.67% year-over-year to -$28.0 million; the TTM figure through Mar 2026 stood at -$117.0 million (down 133.52% YoY), while the FY2025 annual figure was -$113.0 million, down 122.97% from the prior year.
- EBT fell to -$28.0 million in Q1 2026 per GTN's latest filing, from -$26.0 million in the prior quarter.
- Across five years, EBT topped out at $244.0 million in Q4 2022 and bottomed at -$42.0 million in Q1 2023.
- Historically, EBT has averaged $51.9 million across 5 years, with a median of $9.0 million in 2023.
- Annual changes were most pronounced in 2024 — EBT soared 1900.0% — and 2025, when it sank 220.69%.
- Gray Media's EBT stood at $244.0 million in 2022, then plunged by 104.92% to -$12.0 million in 2023, then jumped by 1900.0% to $216.0 million in 2024, then plunged by 112.04% to -$26.0 million in 2025, then slipped by 7.69% to -$28.0 million in 2026.
- Business Quant data shows GTN's EBT at -$28.0 million in Q1 2026, -$26.0 million in Q4 2025, and -$28.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.74 Bn | 5.53 Bn | 1.06 Bn | 177.00 Mn |
| 2 | Newsmax | 1.40 Bn | 1.35 Bn | 23.33 Mn | 2.87 Mn |
| 3 | Gray Media | 480.19 Mn | 304.19 Mn | 270.00 Mn | 19.00 Mn |
| 4 | iHeartMedia | 457.30 Mn | 282.86 Mn | 576.68 Mn | -62.56 Mn |
| 5 | FuboTV | 308.81 Mn | -143.61 Mn | 399.10 Mn | -181.90 Mn |
| 6 | E.W. Scripps | 303.44 Mn | 290.39 Mn | 196.33 Mn | -1.21 Bn |
| 7 | CuriosityStream | 174.02 Mn | 125.62 Mn | 16.93 Mn | 9.32 Mn |
| 8 | Mediaco Holding | 80.93 Mn | 79.13 Mn | -1.26 Mn | -8.38 Mn |
| 9 | Saga Communications | 56.13 Mn | 28.29 Mn | 20.50 Mn | 1.11 Mn |
| 10 | Beasley Broadcast | 36.90 Mn | 30.20 Mn | - | 91.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.00 Mn |
| Mar 31, 2026 | -28.00 Mn |
| Dec 31, 2025 | -26.00 Mn |
| Sep 30, 2025 | -28.00 Mn |
| Jun 30, 2025 | -35.00 Mn |
| Mar 31, 2025 | -24.00 Mn |
| Dec 31, 2024 | 216.00 Mn |
| Sep 30, 2024 | 128.00 Mn |
| Jun 30, 2024 | 29.00 Mn |
| Mar 31, 2024 | 119.00 Mn |
| Dec 31, 2023 | -12.00 Mn |
| Sep 30, 2023 | -37.00 Mn |
| Jun 30, 2023 | 9.00 Mn |
| Mar 31, 2023 | -42.00 Mn |
| Dec 31, 2022 | 244.00 Mn |
| Sep 30, 2022 | 150.00 Mn |
| Jun 30, 2022 | 137.00 Mn |
| Mar 31, 2022 | 83.00 Mn |
| Dec 31, 2021 | 42.00 Mn |
| Sep 30, 2021 | 18.00 Mn |