For Q1 FY2026 ended March 31, 2026, Gray Media reported revenue of $768 million, down 1.8% year-over-year. Net loss was $20 million, compared to net income of $90 million in the prior year quarter. Operating income fell 12% to $81 million, and diluted EPS was -$0.34, down from $0.64. The company held $259 million in cash, $2.1 billion in equity, and $5.7 billion in long-term debt.
•Revenue decreased 1.8% YoY to $768 million.
•Net loss of $20 million vs. net income of $90 million in Q1 FY2025.
•Operating income fell 12% to $81 million.
•Diluted EPS of -$0.34, down 47.8% from $0.64.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Gray Media, Inc., a multimedia company, owns and/or operates local television stations and digital assets in the United States. Its operations are structured into Broadcasting, Production Companies, and segments.
It also owns Gray Digital Media, a digital agency that provides clients with digital marketing strategies; and operates video production companies and studio production facilities. Founded in 1891 and headquartered in Atlanta, Georgia, Gray Media was formerly known as Gray Television, Inc. before rebranding in July 2002.
Gray Media, Inc. is a multimedia company that owns and/or operates local television stations and digital assets across the United States. Its operations are structured into Broadcasting, Production Companies, and other segments. The company also owns Gray Digital Media, a digital agency that provides clients with digital marketing strategies, and operates video production companies and studio production facilities. Formerly known as Gray Television, Inc., the company rebranded to Gray Media in July 2002. Headquartered in Atlanta, Georgia, Gray Media has been in operation since its founding in 1891.
On which stock exchange is Gray Media (GTN-A) listed and in what currency?
Gray Media, Inc., trading under the ticker symbol GTN-A, is listed on the New York Stock Exchange (NYSE). The company's financials are reported in US Dollars (USD), as it is based in the United States. The NYSE is one of the world's largest stock exchanges, providing liquidity and visibility for Gray Media's shares. Investors trading GTN-A on the NYSE can expect transactions to be settled in USD, the official currency of the United States.
What sector and industry does Gray Media (GTN-A) belong to?
Gray Media, Inc. operates in the Communication Services sector, specifically within the Broadcasting industry. This classification reflects the company's primary business of owning and operating local television stations and producing video content. As a broadcasting company, Gray Media generates revenue through advertising, retransmission fees, and digital marketing services. The Communication Services sector encompasses companies that facilitate communication and provide content, including media, entertainment, and telecommunications firms.
Where is Gray Media headquartered and what markets does it serve?
Gray Media, Inc. is headquartered in Atlanta, Georgia, United States. The company serves markets across the United States through its portfolio of local television stations and digital assets. Its operations are focused on the US domestic market, where it owns and/or operates numerous local TV stations. Additionally, Gray Digital Media, a subsidiary, provides digital marketing strategies to clients nationwide. The company's long history, dating back to 1891, underscores its deep roots in American broadcasting.
How does Gray Media make money?
Gray Media generates revenue primarily through its Broadcasting segment, which includes advertising sales from local television stations, retransmission consent fees from cable and satellite operators, and political advertising. The company also earns income from its Production Companies segment, which operates video production and studio facilities. Additionally, Gray Digital Media offers digital marketing services to businesses, contributing to the company's revenue stream. By owning a diverse portfolio of local TV stations and digital assets, Gray Media monetizes its content and audience reach across multiple platforms.