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Gray Television GTN Production Companies — D&A

Other segment segments

Broadcasting
$49M-14.0%
All Other Segments
$1M

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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:DepreciationAndAmortization.

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
Payroll and employee benefits4581133502
Network affiliation fees406--406
Programming633-66
Depreciation and amortization108111120
Other segment items(2)2173643296
Segment operating income (loss)$300$(6)$(77)$217
Other income (expense):
Miscellaneous income, net8

Item 1. Financial Statements

FAQ

What is Gray Television's production companies — D&A?
Gray Television (GTN) reported production companies — D&A of $6M in Q2 2026.
How has Gray Television's production companies — D&A changed year-over-year?
Gray Television's production companies — D&A increased by 200.0% year-over-year, from $2M to $6M.
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.

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