Gray Media (GTN) Gross Margin (2018 - 2026)
Gray Media (GTN) reported Gross Margin of 27.73% for Q1 2026, up 152.0% year-over-year from 11.01% in Q1 2025, and down 90.77% quarter-over-quarter from 300.38% in Q4 2025.
Gray Media (GTN) Gross Margin (2018 - 2026) Analysis & Trends
Gray Media (GTN) has 9 years of Gross Margin data on file, last reported at 27.73% in Q1 2026.
- Gross Margin for Q1 2026 came in at 27.73%, up 152.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 132.13% (up 6510.0% YoY), and the FY2025 annual result was 96.93%, down 79.0% from the prior year.
- Gross Margin retreated to 27.73% in Q1 2026 per GTN's latest filing, from 300.38% in the prior quarter.
- Over five years, Gross Margin peaked at 300.38% in Q4 2025 and troughed at 26.21% in Q1 2025.
- A 5-year average of 109.2% and a median of 97.45% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin tumbled 18177 bps in 2024, then jumped 20287 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 241.04% in 2022, then advanced by 16 bps to 279.28% in 2023, then sank by 65 bps to 97.51% in 2024, then jumped by 208 bps to 300.38% in 2025, then slumped by 91 bps to 27.73% in 2026.
- Business Quant data shows GTN's Gross Margin at 27.73% in Q1 2026, 300.38% in Q4 2025, and 97.06% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.44 Bn | 5.04 Bn | -505.00 Mn | -476.42% |
| 2 | FuboTV | 3.41 Bn | 5.34 Bn | 348.72 Mn | 92.93% |
| 3 | Newsmax | 996.58 Mn | 956.14 Mn | 21.36 Mn | 463.73% |
| 4 | iHeartMedia | 598.23 Mn | 466.54 Mn | 509.13 Mn | 57.58% |
| 5 | Gray Media | 394.79 Mn | 135.79 Mn | 213.00 Mn | 27.73% |
| 6 | E.W. Scripps | 304.31 Mn | 220.58 Mn | 206.07 Mn | 39.87% |
| 7 | CuriosityStream | 163.77 Mn | 154.55 Mn | 11.62 Mn | 60.51% |
| 8 | Mediaco Holding | 58.80 Mn | 58.80 Mn | -3.44 Mn | -10.95% |
| 9 | Saga Communications | 54.09 Mn | 23.65 Mn | 17.72 Mn | 77.48% |
| 10 | Beasley Broadcast | 38.85 Mn | 32.43 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.73% |
| Dec 31, 2025 | 300.38% |
| Sep 30, 2025 | 97.06% |
| Jun 30, 2025 | 97.41% |
| Mar 31, 2025 | 26.21% |
| Dec 31, 2024 | 97.51% |
| Sep 30, 2024 | 39.89% |
| Jun 30, 2024 | 98.31% |
| Mar 31, 2024 | 97.45% |
| Dec 31, 2023 | 279.28% |
| Sep 30, 2023 | 97.76% |
| Jun 30, 2023 | 32.10% |
| Mar 31, 2023 | 30.71% |
| Dec 31, 2022 | 241.04% |
| Sep 30, 2022 | 98.24% |
| Jun 30, 2022 | 98.39% |
| Mar 31, 2022 | 96.86% |
| Dec 31, 2021 | 243.83% |
| Sep 30, 2021 | 36.11% |
| Jun 30, 2021 | 98.35% |