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Gray Television GTN Accrued Expenses

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Other financials

Income statement

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Revenue$839.0M+8.7%
Operating income$136.0M+65.9%
Net income$14.0M+125%
EPS (diluted)$0.21+130%

Balance sheet

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Cash & equivalents$176.0M-11.6%
Total debt$5.9B+4.0%
Total equity$2.1B-2.4%
Total assets$10.4B+0.8%

Cash flow

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Operating cash flow$123.0M+297%
CapEx$17.0M-32.0%
Free cash flow$106.0M+1,667%

Valuation

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Market cap$551.71M-0.7%
Enterprise value$6.26B+4.1%
P/S0.2×0.0×

Profitability

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Operating margin13.8%-7.3pp
Net margin-0.8%-6.5pp
FCF margin5%-15.0pp

Returns & leverage

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Return on equity-1.2%-10.6pp
Debt / equity2.8×+0.2×
Current ratio+0.1×

Where this comes from

Reported directly by Gray Television in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Gray Television’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 12:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001437749-26-026498
Line itemJune 30, 2026December 31, 2025
Liabilities and stockholders’ equity:
Current liabilities:
Accounts payable$143$144
Employee compensation and benefits95103
Accrued interest150151
Other accrued expenses7347
Federal and state income taxes45
Current portion of program broadcast obligations518

Item 1. Financial Statements

FAQ

What is Gray Television's accrued expenses?
Gray Television (GTN) reported accrued expenses of $95M in Q2 2026.
How has Gray Television's accrued expenses changed year-over-year?
Gray Television's accrued expenses increased by 14.5% year-over-year, from $83M to $95M.
What is the long-term trend for Gray Television's accrued expenses?
Over 5 years (2020 to 2025), Gray Television's accrued expenses has grown at a 14.2% compound annual growth rate (CAGR), from $53M to $103M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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