Gray Media (GTN) Net Income (2010 - 2026)
Gray Media (GTN) posted quarterly Net Income of -$20.0 million for Q1 2026, down 122.22% year-over-year from $90.0 million in Q1 2025, and up 72.97% quarter-over-quarter from -$74.0 million in Q4 2025.
Gray Media (GTN) Net Income (2010 - 2026) Analysis & Trends
Gray Media (GTN) has reported Net Income for 17 consecutive years, with -$20.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income fell 122.22% year-over-year to -$20.0 million; the TTM figure through Mar 2026 stood at -$160.0 million (down 223.08% YoY), while the FY2025 annual figure was -$102.0 million, down 120.99% from the prior year.
- Net Income advanced to -$20.0 million in Q1 2026 per GTN's latest filing, from -$74.0 million in the prior quarter.
- Across five years, Net Income topped out at $174.0 million in Q4 2022 and bottomed at -$100.0 million in Q4 2023.
- Historically, Net Income has averaged $19.6 million across 5 years, with a median of $4.0 million in 2023.
- Annual changes were most pronounced in 2022 — Net Income soared 735.29% — and 2025, when it slumped 452.38%.
- Gray Media's Net Income stood at $174.0 million in 2022, then tumbled by 157.47% to -$100.0 million in 2023, then jumped by 121.0% to $21.0 million in 2024, then plunged by 452.38% to -$74.0 million in 2025, then surged by 72.97% to -$20.0 million in 2026.
- Business Quant data shows GTN's Net Income at -$20.0 million in Q1 2026, -$74.0 million in Q4 2025, and -$10.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.70 Bn | 5.48 Bn | 1.06 Bn | 113.00 Mn |
| 2 | Newsmax | 1.40 Bn | 1.35 Bn | 23.33 Mn | 2.87 Mn |
| 3 | Gray Media | 482.16 Mn | 306.16 Mn | 270.00 Mn | 14.00 Mn |
| 4 | iHeartMedia | 440.79 Mn | 266.35 Mn | 576.68 Mn | -82.54 Mn |
| 5 | E.W. Scripps | 300.67 Mn | 287.63 Mn | 196.33 Mn | -1.15 Bn |
| 6 | FuboTV | 298.77 Mn | -153.64 Mn | 399.10 Mn | -180.70 Mn |
| 7 | CuriosityStream | 164.84 Mn | 116.45 Mn | 16.93 Mn | 8.88 Mn |
| 8 | Mediaco Holding | 88.37 Mn | 86.56 Mn | -1.26 Mn | -8.23 Mn |
| 9 | Saga Communications | 55.91 Mn | 28.06 Mn | 20.50 Mn | 960,000.00 |
| 10 | Beasley Broadcast | 37.55 Mn | 30.85 Mn | - | 84.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.00 Mn |
| Mar 31, 2026 | -20.00 Mn |
| Dec 31, 2025 | -74.00 Mn |
| Sep 30, 2025 | -10.00 Mn |
| Jun 30, 2025 | -56.00 Mn |
| Mar 31, 2025 | -9.00 Mn |
| Dec 31, 2024 | 21.00 Mn |
| Sep 30, 2024 | 96.00 Mn |
| Jun 30, 2024 | 22.00 Mn |
| Mar 31, 2024 | 88.00 Mn |
| Dec 31, 2023 | -100.00 Mn |
| Sep 30, 2023 | -40.00 Mn |
| Jun 30, 2023 | 4.00 Mn |
| Mar 31, 2023 | -31.00 Mn |
| Dec 31, 2022 | 174.00 Mn |
| Sep 30, 2022 | 108.00 Mn |
| Jun 30, 2022 | 99.00 Mn |
| Mar 31, 2022 | 62.00 Mn |
| Dec 31, 2021 | 25.00 Mn |
| Sep 30, 2021 | -17.00 Mn |