Gray Media (GTN) Gross Profit (2018 - 2026)
Gray Media's Gross Profit was $248 million in Q2 2026, up 31.2% from $189 million a year earlier and up 34.1% from the prior quarter.
Gray Media (GTN) Gross Profit (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Gray Media's Gross Profit was $820 million through Jun 30, 2026, down 28.8% year-over-year; for FY2025, it was $761 million, down 38.8% from FY2024.
- Gross Profit shows a five-year compound annual growth rate of -5.1% (FY2020 to FY2025).
- In earlier years, Gross Profit was $1.24 billion in FY2024 (+38.5%), $898 million in FY2023 (-37.1%), $1.43 billion in FY2022 (+77.8%) and $803 million in FY2021 (-18.8%).
- The Q2 2026 figure marks the highest quarterly Gross Profit since Q4 2024.
- Compared with a year earlier, Gross Profit was higher in three of the last eight quarters, with growth averaging 3.7%.
- The best year-over-year quarter for Gross Profit over five years was Q4 2022 (growth of 90.8%); the worst was Q4 2025 (a decline of 52.0%).
- Per Business Quant data, GTN's Gross Profit in the three quarters before Q2 2026 was $185 million (Q1 2026), $202 million (Q4 2025) and $185 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.70 Bn | 63.36 Bn | 4.10 Bn |
| 2 | Fox | 29.29 Bn | 15.10 Bn | - |
| 3 | Omnicom | 23.20 Bn | 5.28 Bn | 1.30 Bn |
| 4 | News | 17.26 Bn | 8.74 Bn | - |
| 5 | Pearson | 11.97 Bn | 9.09 Bn | - |
| 6 | New York Times | 11.24 Bn | 8.73 Bn | 394.61 Mn |
| 7 | Sirius Xm Holdings | 9.24 Bn | 8.81 Bn | 1.44 Bn |
| 8 | Skydance | 7.66 Bn | 5.58 Bn | - |
| 9 | Wpp | 5.76 Bn | -6.29 Bn | - |
| 10 | Gray Media | 461.09 Mn | -523.91 Mn | 248.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 248.00 Mn |
| Mar 31, 2026 | 185.00 Mn |
| Dec 31, 2025 | 202.00 Mn |
| Sep 30, 2025 | 185.00 Mn |
| Jun 30, 2025 | 189.00 Mn |
| Mar 31, 2025 | 185.00 Mn |
| Dec 31, 2024 | 421.00 Mn |
| Sep 30, 2024 | 357.00 Mn |
| Jun 30, 2024 | 247.00 Mn |
| Mar 31, 2024 | 219.00 Mn |
| Dec 31, 2023 | 233.00 Mn |
| Sep 30, 2023 | 228.00 Mn |
| Jun 30, 2023 | 250.00 Mn |
| Mar 31, 2023 | 187.00 Mn |
| Dec 31, 2022 | 475.00 Mn |
| Sep 30, 2022 | 356.00 Mn |
| Jun 30, 2022 | 326.00 Mn |
| Mar 31, 2022 | 271.00 Mn |
| Dec 31, 2021 | 249.00 Mn |
| Sep 30, 2021 | 204.00 Mn |
Gray Media Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=GTN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "GTN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=GTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();