Gray Media (GTN) Tax Provisions (2010 - 2026)
Gray Media (GTN) posted quarterly Tax Provisions of -$8.0 million for Q1 2026, up 46.67% year-over-year from -$5.5 million in Q1 2025, and down 116.67% quarter-over-quarter from $48.0 million in Q4 2025.
Gray Media (GTN) Tax Provisions (2010 - 2026) Analysis & Trends
Gray Media (GTN) has reported Tax Provisions for 17 consecutive years, with -$8.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 46.67% year-over-year to -$8.0 million; the TTM figure through Mar 2026 stood at $43.0 million (down 80.37% YoY), while the FY2025 annual figure was -$11.0 million, down 283.33% from the prior year.
- Tax Provisions fell to -$8.0 million in Q1 2026 per GTN's latest filing, from $48.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $195.0 million in Q4 2024 and bottomed at -$18.0 million in Q3 2025.
- Historically, Tax Provisions has averaged $32.3 million across 5 years, with a median of $21.0 million in 2022.
- Annual changes were most pronounced in 2024 — Tax Provisions surged 966.67% — and 2025, when it sank 156.25%.
- Gray Media's Tax Provisions stood at $70.0 million in 2022, then rose by 25.71% to $88.0 million in 2023, then surged by 121.59% to $195.0 million in 2024, then tumbled by 75.38% to $48.0 million in 2025, then slumped by 116.67% to -$8.0 million in 2026.
- Business Quant data shows GTN's Tax Provisions at -$8.0 million in Q1 2026, $48.0 million in Q4 2025, and -$18.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.70 Bn | 5.48 Bn | 1.06 Bn | 64.00 Mn |
| 2 | Newsmax | 1.40 Bn | 1.35 Bn | 23.33 Mn | - |
| 3 | Gray Media | 482.16 Mn | 306.16 Mn | 270.00 Mn | 5.00 Mn |
| 4 | iHeartMedia | 440.79 Mn | 266.35 Mn | 576.68 Mn | 19.98 Mn |
| 5 | E.W. Scripps | 300.67 Mn | 287.63 Mn | 196.33 Mn | -57.02 Mn |
| 6 | FuboTV | 298.77 Mn | -153.64 Mn | 399.10 Mn | -1.21 Mn |
| 7 | CuriosityStream | 164.84 Mn | 116.45 Mn | 16.93 Mn | 434,000.00 |
| 8 | Mediaco Holding | 88.37 Mn | 86.56 Mn | -1.26 Mn | -150,000.00 |
| 9 | Saga Communications | 55.91 Mn | 28.06 Mn | 20.50 Mn | 150,000.00 |
| 10 | Beasley Broadcast | 37.55 Mn | 30.85 Mn | - | 7.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.00 Mn |
| Mar 31, 2026 | -8.00 Mn |
| Dec 31, 2025 | 48.00 Mn |
| Sep 30, 2025 | -18.00 Mn |
| Jun 30, 2025 | 21.00 Mn |
| Mar 31, 2025 | -15.00 Mn |
| Dec 31, 2024 | 195.00 Mn |
| Sep 30, 2024 | 32.00 Mn |
| Jun 30, 2024 | 7.00 Mn |
| Mar 31, 2024 | 31.00 Mn |
| Dec 31, 2023 | 88.00 Mn |
| Sep 30, 2023 | 3.00 Mn |
| Jun 30, 2023 | 5.00 Mn |
| Mar 31, 2023 | -11.00 Mn |
| Dec 31, 2022 | 70.00 Mn |
| Sep 30, 2022 | 42.00 Mn |
| Jun 30, 2022 | 38.00 Mn |
| Mar 31, 2022 | 21.00 Mn |
| Dec 31, 2021 | 17.00 Mn |
| Sep 30, 2021 | 35.00 Mn |