GRAY MEDIA, INC
Close on Oct 19, 2026
- Market cap
- $448.00M
- P/E (TTM)
- –
- Dividend yield
- 7.14%
Earnings
Next report expected Nov 6, 2026, before market open (estimated from past report dates)
| Quarter | Reported | Time | Revenue | EPS (GAAP) | EPS (adjusted) |
|---|---|---|---|---|---|
| Q2 FY2026 Ended Jun 30, 2026 | Aug 7, 2026 | Before market open | $839.00M | – | – |
| Q1 FY2026 Ended Mar 31, 2026 | May 7, 2026 | Before market open | $768.00M | – | – |
| Q4 FY2025 Ended Dec 31, 2025 | Feb 26, 2026 | Before market open | – | – | – |
| Q3 FY2025 Ended Sep 30, 2025 | Nov 7, 2025 | Before market open | $749.00M | – | – |
| Q2 FY2025 Ended Jun 30, 2025 | Aug 8, 2025 | Before market open | $772.00M | $-0.71 | – |
| Q1 FY2025 Ended Mar 31, 2025 | May 8, 2025 | Before market open | $782.00M | – | – |
| Q4 FY2024 Ended Dec 31, 2024 | Feb 27, 2025 | Before market open | $1.00B | $1.59 | – |
| Q3 FY2024 Ended Sep 30, 2024 | Nov 8, 2024 | Before market open | $950.00M | $0.86 | – |
| Q2 FY2024 Ended Jun 30, 2024 | Aug 8, 2024 | Before market open | – | – | – |
| Q1 FY2024 Ended Mar 31, 2024 | May 7, 2024 | Before market open | – | – | – |
| Q4 FY2023 Ended Dec 31, 2023 | Jan 30, 2024 | Before market open | – | – | – |
Company guidance
Outlook given with results on May 7, 2026, compared with the previous outlook
| Measure | Period | Guidance | vs. prior |
|---|---|---|---|
| Capital expenditures | Year Ending December 31, 2026 | $140.00M | New |
| Income tax payments, excluding refunds | Year Ending December 31, 2026 | $90.00M to $110.00M | Raised |
| Preferred stock dividends | Year Ending December 31, 2026 | $52.00M | Raised |
| Amortization of deferred financing costs | Year Ending December 31, 2026 | $16.00M | Lowered |
| Interest expense, excluding amortization of deferred financing costs | Year Ending December 31, 2026 | $440.00M | New |
| Total corporate and administrative expensenon-GAAP | Three Months Ended June 30, 2026 | $30.00M to $35.00M | Lowered |
| Total broadcasting expensenon-GAAP | Three Months Ended June 30, 2026 | $545.00M to $550.00M | New |
| Common stock dividends | Year Ending December 31, 2026 | $33.00M | Lowered |
| Political advertising | Three Months Ended June 30, 2026 | $60.00M to $70.00M | New |
| Net Retransmission Revenuenon-GAAP | Three Months Ended June 30, 2026 | $141.00M to $143.00M | New |
| Total revenue | Three Months Ended June 30, 2026 | $780.00M to $800.00M | Raised |
Figures and the sentence they come from are taken from the company's earnings release. Hover a measure to read the source sentence.
Press releases
Announcements Gray Media filed with the SEC
Gray Announces $75 Million Incremental Term Loan and Redemption of $150 Million of 2029 Notes
Material agreement · New financial obligation · Other events · EX-99.1 to Form 8-K
Gray Announces Closing of Term Loan and Revolving Credit Facility Refinancing
Material agreement · New financial obligation · Other events · EX-99.1 to Form 8-K
Gray Media Raises 3Q 2026 Political Advertising Guidance and Lifts Low End of Total Revenue Range
Results of operations · EX-99.1 to Form 8-K
Gray Announces Closing of Offering of $750 Million of 7.500% Senior Secured First Lien Notes due 2034
Material agreement · New financial obligation · Other events · EX-99.1 to Form 8-K
$750 Million of 7.500% Senior Secured First Lien Notes due 2034
Other events · EX-99.1 to Form 8-K
Gray Announces Private Offering of Senior Secured First Lien Notes
Other events · EX-99.1 to Form 8-K
EX-99.1 to Form 8-K
Regulation FD disclosure · EX-99.1 to Form 8-K
GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
Other events · EX-99.1 to Form 8-K
Gray Media Announces Second Quarter Financial Results
Results of operations · EX-99.1 to Form 8-K
Gray Media Completes Offering of $70 Million of Additional 7.250% Senior Secured First Lien Notes due 2033 and Repurchases $50 million of Series A Preferred Stock
Material agreement · New financial obligation · Regulation FD disclosure · Other events · EX-99.1 to Form 8-K
Gray Media Agrees to Purchase American Spirit Media ’ s Television Stations
Material agreement · New financial obligation · Regulation FD disclosure · Other events · EX-99.2 to Form 8-K
Gray Media and Byron Allen ’ s Allen Media Group Closed Station Transactions
Acquisition or disposition completed · Regulation FD disclosure · EX-99.1 to Form 8-K
EX-99.1 to Form 8-K
Regulation FD disclosure · EX-99.1 to Form 8-K
GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
Other events · EX-99.1 to Form 8-K
Gray Media Announces First Quarter Financial Results
Results of operations · EX-99.1 to Form 8-K
EX-99.1 to Form 8-K
Regulation FD disclosure · EX-99.1 to Form 8-K
GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
Other events · EX-99.1 to Form 8-K
Gray Media Reports Fourth Quarter Results Exceeding Guidance
Results of operations · EX-99.1 to Form 8-K
Gray Announces Closing of Offering of $250 Million of Additional 9.625% Senior Secured Second Lien Notes due 2032
Material agreement · New financial obligation · Other events · EX-99.1 to Form 8-K
Gray Announces Private Placement of
Material agreement · Other events · EX-99.1 to Form 8-K
EX-99.1 to Form 8-K
Regulation FD disclosure · EX-99.1 to Form 8-K
GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
Other events · EX-99.1 to Form 8-K
Gray Media Beats Guidance With Strong Third Quarter Financial Results
Results of operations · EX-99.1 to Form 8-K
EX-99.1 to Form 8-K
Regulation FD disclosure · EX-99.1 to Form 8-K
GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
Other events · EX-99.1 to Form 8-K
Gray Media Announces Second Quarter Financial Results
Results of operations · EX-99.1 to Form 8-K
Gray Announces Closing of Offering of $775 Million of 7.250% Senior Secured First Lien Notes due 2033
Material agreement · New financial obligation · Other events · EX-99.1 to Form 8-K
Gray Announces Upsizing and Pricing of
Other events · EX-99.1 to Form 8-K
Gray Announces Private Offering of Senior Secured First Lien Notes
Other events · EX-99.1 to Form 8-K
Gray Announces Closing of Offering of $900 Million of 9.625% Senior Secured Second Lien Notes due 2032
Material agreement · New financial obligation · Other events · EX-99.1 to Form 8-K
Gray Announces Revolving Credit Facility increase to $750 million and extension to 2028
Material agreement · New financial obligation · Other events · EX-99.2 to Form 8-K
Gray Announces Upsizing and Pricing of
Other events · EX-99.1 to Form 8-K
Gray Media Updates Second Quarter 2025 Guidance and Provides an Update on Certain Developments During the Quarter
Results of operations · Other events · EX-99.1 to Form 8-K
Gray Announces Private Offering of Senior Secured Second Lien Notes
Results of operations · Other events · EX-99.2 to Form 8-K
CBS and Gray Media Renew Affiliation Agreements for 52 Markets
Other events · EX-99.1 to Form 8-K
EX-99.1 to Form 8-K
Regulation FD disclosure · EX-99.1 to Form 8-K
GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
Other events · EX-99.1 to Form 8-K
Gray Media Announces First Quarter Financial Results
Results of operations · EX-99.1 to Form 8-K
Gray Announces AR Securitization Facility increase to $400 million and extension to 2028 and Revolving Credit Facility increase to $700 million
Material agreement · Other events · EX-99.1 to Form 8-K
EX-99.1 to Form 8-K
Regulation FD disclosure · EX-99.1 to Form 8-K