Gray Media (GTN) Gross Margin (2018 - 2026)

Gray Media (GTN) has reported Gross Margin for 9 consecutive years, with 32.18% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin rose 511.0% year-over-year to 32.18% in Q2 2026; TTM through Jun 2026 was 29.38%, a 556.0% decrease from a year earlier, with the FY2025 full-year figure at 27.66%, down 876.0% from the prior year.
• Gross Margin was 32.18% for Q2 2026 at Gray Media, up from 27.73% in the prior quarter.
• Over five years, Gross Margin peaked at 46.83% in Q4 2022 and troughed at 26.21% in Q1 2025.
• A 5-year average of 33.35% and a median of 31.15% in 2023 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin tumbled 1674 bps in 2023 and jumped 1268 bps in 2024, its largest moves.
• Over 5 years, Gross Margin stood at 46.83% in 2022, then sank by 36 bps to 30.09% in 2023, then jumped by 42 bps to 42.78% in 2024, then tumbled by 31 bps to 29.67% in 2025, then rose by 8 bps to 32.18% in 2026.
• The last three Gross Margin figures came in at 32.18% (Q2 2026), 27.73% (Q1 2026), and 29.67% (Q4 2025), per Business Quant data.