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 | TTM Q2 26 | TTM Q1 26 | TTM Q4 25 | TTM Q3 25 | TTM Q2 25 | TTM Q1 25 | TTM Q4 24 | TTM Q3 24 | TTM Q2 24 | TTM Q1 24 | TTM Q4 23 | TTM Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcasting, Segment [Member] | $3.03B | $2.97B | $2.99B | $3.24B | $3.44B | $3.50B | $3.54B | $3.36B | $3.22B | $3.22B | $3.20B | $3.40B | 96.3% | -11.9% |
| Production Companies, Segment [Member] | $117.00M | $109.00M | $107.00M | $107.00M | $108.00M | $108.00M | $105.00M | $100.00M | $94.00M | $88.00M | $86.00M | $91.00M | 3.7% | +8.3% |
| Other Operating Segment [Member] | $0 | $0 | $0 | $0 | $0 | $0 | $0 | – | – | – | – | – | 0.0% | – |
| Operating income | TTM Q2 26 | TTM Q1 26 | TTM Q4 25 | TTM Q3 25 | TTM Q2 25 | TTM Q1 25 | TTM Q4 24 | TTM Q3 24 | TTM Q2 24 | TTM Q1 24 | TTM Q4 23 | TTM Q3 23 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcasting, Segment [Member] | $577.00M | $516.00M | $513.00M | $714.00M | $857.00M | $924.00M | $956.00M | $758.00M | $633.00M | $606.00M | $587.00M | $820.00M | -32.7% |
| Production Companies, Segment [Member] | -$8.00M | -$12.00M | -$6.00M | -$3.00M | -$1.00M | $4.00M | $1.00M | -$3.00M | -$45.00M | -$48.00M | -$88.00M | -$80.00M | +700.0% |
| Other Operating Segment [Member] | -$134.00M | -$123.00M | -$115.00M | -$110.00M | -$107.00M | -$109.00M | -$106.00M | – | – | – | – | – | +25.2% |
By product or service
| Revenue | TTM Q2 26 | TTM Q1 26 | TTM Q4 25 | TTM Q3 25 | TTM Q2 25 | TTM Q1 25 | TTM Q4 24 | TTM Q3 24 | TTM Q2 24 | TTM Q1 24 | TTM Q4 23 | TTM Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Advertising [Member] | $1.59B | $1.52B | $1.49B | $1.72B | $1.90B | $1.95B | $1.99B | $1.81B | $1.66B | $1.63B | $1.59B | $1.81B | 50.5% | -16.1% |
| Core Advertising [Member] | $1.46B | $1.46B | $1.45B | $1.44B | $1.45B | $1.46B | $1.49B | $1.53B | $1.52B | $1.53B | $1.51B | $1.51B | 46.3% | +0.4% |
| Retransmission Consent [Member] | $1.38B | $1.39B | $1.43B | $1.46B | $1.48B | $1.48B | $1.48B | $1.49B | $1.50B | $1.52B | $1.53B | $1.52B | 43.8% | -6.7% |
| Political Advertising [Member] | $133.00M | $59.00M | $42.00M | $280.00M | $445.00M | $483.00M | $497.00M | $280.00M | $133.00M | $98.00M | $79.00M | $301.00M | 4.2% | -70.1% |
| Production Companies [Member] | $117.00M | $109.00M | $107.00M | $107.00M | $108.00M | $108.00M | $105.00M | $100.00M | $94.00M | $88.00M | $86.00M | $91.00M | 3.7% | +8.3% |
| Service, Other [Member] | $63.00M | $64.00M | $65.00M | $66.00M | $68.00M | $70.00M | $70.00M | $72.00M | $71.00M | $70.00M | $70.00M | $72.00M | 2.0% | -7.4% |
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.