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Gray Television GTN Production Companies — D&A

Other segment segments

Broadcasting
$59M+3.5%
All Other Segments
$1M

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$51K0.0%

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:DepreciationAndAmortization.

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 production companies — D&A?
Gray Television (GTN) reported production companies — D&A of $5M in Q1 2026.
How has Gray Television's production companies — D&A changed year-over-year?
Gray Television's production companies — D&A decreased by 16.7% year-over-year, from $6M to $5M.
What is the long-term trend for Gray Television's production companies — D&A?
Over 4 years (2021 to 2025), Gray Television's production companies — D&A has grown at a 13.6% compound annual growth rate (CAGR), from $12M to $20M.
What does production companies — D&A mean?
This represents the non-cash charge allocated to the segment for the wear and tear of tangible assets and the amortization of intangible assets over time. It is essential for understanding the capital intensity and the true economic cost of maintaining the segment's infrastructure.