Gray Media GTN
NYSE GTN
$4.78 +0.01 (+0.21%)
As of: Sep 9, 2026 · 3:59 PM EDT

Gray Media (GTN) Operating Expenses (2010 - 2026)

Gray Media's (GTN) quarterly Operating Expenses came in at $703.0 million in Q2 2026, up 1.88% year-over-year from $690.0 million in Q2 2025, and up 2.33% quarter-over-quarter from $687.0 million in Q1 2026.

Analysis

Gray Media (GTN) Operating Expenses (2010 - 2026) Analysis & Trends

Gray Media (GTN) has reported Operating Expenses for 17 consecutive years, with $703.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 1.88% year-over-year to $703.0 million in Q2 2026; TTM through Jun 2026 was $2.7 billion, a 3.11% decrease from a year earlier, with the FY2025 full-year figure at $2.7 billion, down 3.22% from the prior year.
  • Operating Expenses was $703.0 million for Q2 2026 at Gray Media, up from $687.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $751.0 million in Q4 2023 and troughed at $647.0 million in Q3 2025.
  • A 5-year average of $692.8 million and a median of $692.0 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 49.66% in 2022 and declined 7.57% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at $709.0 million in 2022, then climbed by 5.92% to $751.0 million in 2023, then fell by 4.13% to $720.0 million in 2024, then slipped by 6.11% to $676.0 million in 2025, then gained by 3.99% to $703.0 million in 2026.
  • The last three Operating Expenses figures came in at $703.0 million (Q2 2026), $687.0 million (Q1 2026), and $676.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Warner Bros. Discovery 70.20 Bn 66.83 Bn 4.10 Bn 8.48 Bn
2 Fox 24.58 Bn 20.37 Bn - 2.38 Bn
3 Paramount Skydance 11.36 Bn 8.09 Bn -2.08 Bn -4.64 Bn
4 Versant Media 5.24 Bn 3.76 Bn 994.00 Mn 1.28 Bn
5 Nexstar Media 5.04 Bn 4.82 Bn 1.06 Bn 1.63 Bn
6 Newsmax 1.37 Bn 1.32 Bn 23.33 Mn 22.03 Mn
7 AMC Global Media 497.91 Mn 33.91 Mn 258.71 Mn 531.64 Mn
8 Gray Media 466.48 Mn 290.48 Mn 270.00 Mn 703.00 Mn
9 Starz Entertainment 423.11 Mn 321.01 Mn - -
10 E.W. Scripps 289.16 Mn 276.12 Mn 196.33 Mn 1.65 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 703.00 Mn
Mar 31, 2026 687.00 Mn
Dec 31, 2025 676.00 Mn
Sep 30, 2025 647.00 Mn
Jun 30, 2025 690.00 Mn
Mar 31, 2025 690.00 Mn
Dec 31, 2024 720.00 Mn
Sep 30, 2024 700.00 Mn
Jun 30, 2024 674.00 Mn
Mar 31, 2024 699.00 Mn
Dec 31, 2023 751.00 Mn
Sep 30, 2023 719.00 Mn
Jun 30, 2023 694.00 Mn
Mar 31, 2023 734.00 Mn
Dec 31, 2022 709.00 Mn
Sep 30, 2022 664.00 Mn
Jun 30, 2022 650.00 Mn
Mar 31, 2022 663.00 Mn
Dec 31, 2021 616.00 Mn
Sep 30, 2021 534.00 Mn