Gray Media (GTN) Gross Profit (2018 - 2026)
Gray Media (GTN) posted quarterly Gross Profit of $213.0 million for Q1 2026, up 3.9% year-over-year from $205.0 million in Q1 2025, and down 9.36% quarter-over-quarter from $235.0 million in Q4 2025.
Gray Media (GTN) Gross Profit (2018 - 2026) Analysis & Trends
Gray Media (GTN) has reported Gross Profit for 9 consecutive years, with $213.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Profit rose 3.9% year-over-year to $213.0 million; the TTM figure through Mar 2026 stood at $1.9 billion (down 45.35% YoY), while the FY2025 annual figure was $856.0 million, down 75.96% from the prior year.
- Gross Profit retreated to $213.0 million in Q1 2026 per GTN's latest filing, from $235.0 million in the prior quarter.
- Across five years, Gross Profit topped out at $2.7 billion in Q4 2024 and bottomed at -$1.3 billion in Q4 2023.
- Historically, Gross Profit has averaged $422.5 million across 5 years, with a median of $297.0 million in 2022.
- Annual changes were most pronounced in 2023 — Gross Profit slumped 362.15% — and 2024, when it soared 303.72%.
- Gray Media's Gross Profit stood at $502.0 million in 2022, then plunged by 362.15% to -$1.3 billion in 2023, then jumped by 303.72% to $2.7 billion in 2024, then tumbled by 91.23% to $235.0 million in 2025, then declined by 9.36% to $213.0 million in 2026.
- Business Quant data shows GTN's Gross Profit at $213.0 million in Q1 2026, $235.0 million in Q4 2025, and $727.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nexstar Media | 5.70 Bn | 5.48 Bn | 1.06 Bn |
| 2 | Newsmax | 1.40 Bn | 1.35 Bn | 23.33 Mn |
| 3 | Gray Media | 482.16 Mn | 306.16 Mn | 270.00 Mn |
| 4 | iHeartMedia | 440.79 Mn | 266.35 Mn | 576.68 Mn |
| 5 | E.W. Scripps | 300.67 Mn | 287.63 Mn | 196.33 Mn |
| 6 | FuboTV | 298.77 Mn | -153.64 Mn | 399.10 Mn |
| 7 | CuriosityStream | 164.84 Mn | 116.45 Mn | 16.93 Mn |
| 8 | Mediaco Holding | 88.37 Mn | 86.56 Mn | -1.26 Mn |
| 9 | Saga Communications | 55.91 Mn | 28.06 Mn | 20.50 Mn |
| 10 | Beasley Broadcast | 37.55 Mn | 30.85 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 270.00 Mn |
| Jun 30, 2026 | 270.00 Mn |
| Mar 31, 2026 | 213.00 Mn |
| Mar 31, 2026 | 213.00 Mn |
| Dec 31, 2025 | 235.00 Mn |
| Dec 31, 2025 | 235.00 Mn |
| Sep 30, 2025 | 727.00 Mn |
| Sep 30, 2025 | 727.00 Mn |
| Jun 30, 2025 | 752.00 Mn |
| Jun 30, 2025 | 752.00 Mn |
| Mar 31, 2025 | 205.00 Mn |
| Mar 31, 2025 | 205.00 Mn |
| Dec 31, 2024 | 2.68 Bn |
| Dec 31, 2024 | 2.68 Bn |
| Sep 30, 2024 | 379.00 Mn |
| Sep 30, 2024 | 379.00 Mn |
| Jun 30, 2024 | 261.00 Mn |
| Jun 30, 2024 | 261.00 Mn |
| Mar 31, 2024 | 240.00 Mn |
| Mar 31, 2024 | 240.00 Mn |