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Gray Television GTN Other Deposit Liabilities — Deferred Revenue

Other product segments

Advertising Deposit Liabilities
$16M+23.1%

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Other financials

Income statement

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Revenue$768.0M-1.8%
Operating income$81.0M-12.0%
Net income-$20.0M-122%
EPS (diluted)-$0.34-47.8%

Balance sheet

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Cash & equivalents$259.0M+23.3%
Total debt$5.8B+2.3%
Total equity$2.1B-6.3%
Total assets$10.3B-1.1%

Cash flow

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Operating cash flow$1.0M-99.2%
CapEx$19.0M+26.7%
Free cash flow-$18.0M-115%

Valuation

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Market cap$367.8M-15.6%
Enterprise value$5.92B+0.2%
P/S0.1×0.0×

Profitability

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Operating margin12.4%-10.4pp
Net margin-3.1%-10.8pp
FCF margin1.9%-17.6pp

Returns & leverage

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Return on equity-4.4%-17.3pp
Debt / equity2.8×+0.2×
Current ratio1.2×+0.3×

Where this comes from

Reported directly by Gray Television in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The official record: Gray Television’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Gray Television's other deposit liabilities — deferred revenue?
Gray Television (GTN) reported other deposit liabilities — deferred revenue of $5M in Q1 2026.
How has Gray Television's other deposit liabilities — deferred revenue changed year-over-year?
Gray Television's other deposit liabilities — deferred revenue decreased by 37.5% year-over-year, from $8M to $5M.
What does other deposit liabilities — deferred revenue mean?
This metric represents the balance of deferred revenue or performance obligations arising from customer contracts where payment has been received but the associated broadcasting or production services have not yet been fully delivered. It reflects the company's future service obligations to advertisers and partners that will be recognized as revenue upon completion of the performance obligation. Monitoring this liability provides insight into the company's backlog of contracted business and the timing of future revenue recognition.