GTNNYSETelevision Broadcasting StationsFiscal year ends December 31Also trades as GTN.A
GRAY MEDIA, INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$4.48+0.10 (+2.28%)
Close on Oct 19, 2026
- Market cap
- $448.00M
- P/E (TTM)
- –
- Dividend yield
- 7.14%
GRAY MEDIA, INC revenue by segment
By business segment
| Revenue | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcasting, Segment [Member] | $813.00M | $739.00M | $755.00M | $724.00M | $754.00M | $755.00M | $1.01B | $924.00M | $808.00M | $799.00M | $832.00M | $783.00M | 96.9% | +7.8% |
| Production Companies, Segment [Member] | $26.00M | $29.00M | $37.00M | $25.00M | $18.00M | $27.00M | $37.00M | $26.00M | $18.00M | $24.00M | $32.00M | $20.00M | 3.1% | +44.4% |
| Other Operating Segment [Member] | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | – | – | 0.0% | – |
| Operating income | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcasting, Segment [Member] | $175.00M | $125.00M | $144.00M | $133.00M | $114.00M | $122.00M | $345.00M | $276.00M | $181.00M | $154.00M | $147.00M | $151.00M | +53.5% |
| Production Companies, Segment [Member] | -$2.00M | -$4.00M | $1.00M | -$3.00M | -$6.00M | $2.00M | $4.00M | -$1.00M | -$1.00M | -$1.00M | $0 | -$43.00M | -66.7% |
| Other Operating Segment [Member] | -$37.00M | -$40.00M | -$29.00M | -$28.00M | -$26.00M | -$32.00M | -$24.00M | -$25.00M | -$28.00M | -$29.00M | – | – | +42.3% |
By product or service
| Revenue | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Advertising [Member] | $440.00M | $382.00M | $404.00M | $363.00M | $370.00M | $357.00M | $630.00M | $538.00M | $420.00M | $399.00M | $448.00M | $389.00M | 52.4% | +18.9% |
| Retransmission Consent [Member] | $359.00M | $339.00M | $335.00M | $346.00M | $369.00M | $379.00M | $361.00M | $369.00M | $371.00M | $381.00M | $365.00M | $378.00M | 42.8% | -2.7% |
| Core Advertising [Member] | $357.00M | $352.00M | $392.00M | $355.00M | $361.00M | $344.00M | $380.00M | $365.00M | $373.00M | $372.00M | $415.00M | $363.00M | 42.6% | -1.1% |
| Political Advertising [Member] | $83.00M | $30.00M | $12.00M | $8.00M | $9.00M | $13.00M | $250.00M | $173.00M | $47.00M | $27.00M | $33.00M | $26.00M | 9.9% | +822.2% |
| Production Companies [Member] | $26.00M | $29.00M | $37.00M | $25.00M | $18.00M | $27.00M | $37.00M | $26.00M | $18.00M | $24.00M | $32.00M | $20.00M | 3.1% | +44.4% |
| Service, Other [Member] | $14.00M | $18.00M | $16.00M | $15.00M | $15.00M | $19.00M | $17.00M | $17.00M | $17.00M | $19.00M | $19.00M | $16.00M | 1.7% | -6.7% |
By region
From the segment and revenue-disaggregation notes of Gray Media's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.