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Gray Television GTN Total Revenue

Total Revenue at other companies

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$364.8M+33.0%
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$60.8B+28.0%
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Alphabet Inc. logo
Alphabet Inc.GOOGL

Segments

By product

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Retransmission Consent$359M-2.7%
Core Advertising$357M-1.1%
Political Advertising$83M+822%
Service Other$14M-6.7%

By segment

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Broadcasting$813M+7.8%
Production Companies$26M+44.4%
All Other Segments$0

Other financials

Income statement

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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+6.8%
Enterprise value$6.26B+4.7%
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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Revenue (less agency commissions):
Broadcasting$813$754$1,552$1,509
Production companies26185545
Total revenue (less agency commissions)8397721,6071,554
Operating expenses before depreciation, amortization, impairment and loss (gain) on disposal of long-lived assets, net:
Broadcasting5695631,1241,140
Production companies22205040
Corporate and administrative37257657

Item 1. Financial Statements

FAQ

What is Gray Television's total revenue?
Gray Television (GTN) reported total revenue of $839M in Q2 2026.
How has Gray Television's total revenue changed year-over-year?
Gray Television's total revenue increased by 8.7% year-over-year, from $772M to $839M.
What is the long-term trend for Gray Television's total revenue?
Over 4 years (2021 to 2025), Gray Television's total revenue has grown at a 6.4% compound annual growth rate (CAGR), from $2.41B to $3.1B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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