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Gray Television GTN Broadcasting — Equity Securities Without Readily Determinable Fair Value Amount

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$13M0.0%
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$1M-75.0%

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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$512.86M-0.7%
Enterprise value$6.22B+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:EquitySecuritiesWithoutReadilyDeterminableFairValueAmount.

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
As of and for the six-months ended June 30, 2026:BroadcastingProduction / CompaniesOtherConsolidated
Loss before income tax$(9)
Capital expenditures (excluding business combinations)$22$14-$36
Goodwill$2,665$28-$2,693
Investments in broadcasting and technology companies$18$1$13$32
Total assets$9,464$657$316$10,437
For the six-months ended June 30, 2025:
Revenue (less agency commissions)$1,509$45-$1,554
Less:(1)

Item 1. Financial Statements

FAQ

What is Gray Television's broadcasting — equity securities without readily determinable fair value amount?
Gray Television (GTN) reported broadcasting — equity securities without readily determinable fair value amount of $18M in Q2 2026.
How has Gray Television's broadcasting — equity securities without readily determinable fair value amount changed year-over-year?
Gray Television's broadcasting — equity securities without readily determinable fair value amount decreased by 56.1% year-over-year, from $41M to $18M.
What does broadcasting — equity securities without readily determinable fair value amount mean?
This represents the carrying value of investments in equity securities where a market price is not readily available. It reflects the company's long-term strategic holdings in private entities or non-publicly traded ventures within the broadcasting sector. Investors monitor this to assess the company's exposure to illiquid, non-core assets.

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