Skip to content
Screener

Gray Television GTN Q1 2025 earnings

Reported May 8, 2025 · Before market open

Revenue$782.0MMiss by $7.7M
EPS-$0.23Beat by $0.26
Revenue estimate$789.7M
EPS estimate-$0.49

Next report

Nov 6, 2026 (in 2 months)
Revenue estimate$951.9M
EPS estimate$0.81

Financials

Q1 2025

Income statement

See full
Revenue$782.0M-5.0%
Operating income$92.0M-25.8%
Net income-$9.0M-110%
EPS (diluted)-$0.23-129%

Balance sheet

See full
Cash & equivalents$210.0M+56.7%
Total debt$5.7B-8.8%
Total equity$2.3B+10.0%
Total assets$10.4B-2.8%

Cash flow

See full
Operating cash flow$132.0M+94.1%
CapEx$15.0M-55.9%
Free cash flow$117.0M+244%

Valuation & ratios

Valuation

as of 03/31/25
See full
Market cap$440.1M-28.4%
Enterprise value$5.91B-11.9%
P/E1.6×-12.7×
P/S0.1×-0.1×

Profitability

See full
Operating margin22.7%+9.4pp
Net margin7.7%+6.4pp
FCF margin19.5%—

Returns & leverage

See full
Return on equity12.9%+10.8pp
Debt / equity2.5×-0.5×
Current ratio0.9×-0.5×

Segments

By product

See full
Retransmission Consent$379.0M-0.5%
Core Advertising$344.0M-7.5%
Service Other$19.0M0.0%
Political Advertising$13.0M-51.9%

By segment

See full
Broadcasting$755.0M-5.5%
Production Companies$27.0M+12.5%
All Other Segments-—

FAQ

When did Gray Television report Q1 2025 earnings?
Gray Television (GTN) reported Q1 2025 earnings on May 8, 2025 before market open.
What were Gray Television's Q1 2025 revenue and EPS?
Gray Television reported revenue of $782.0M and eps of $-0.23 for Q1 2025.
Did Gray Television beat estimates in Q1 2025?
Revenue missed the consensus estimate of $789.7M by $7.7M. EPS beat the consensus estimate of $-0.49 by $0.26.
How did Gray Television's Q1 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 5.0% from $823.0M a year earlier.
Where can I find Gray Television's Q1 2025 SEC filings?
You can read the 8-K earnings release (0001437749-25-015140) and the 10-Q periodic report (0001437749-25-015405) directly on SEC EDGAR. The filing index links above go to sec.gov.