Gray Media, Inc. (GTN) — Financial statements
Income statement, balance sheet, and cash flow for Gray Media, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,095↓15.1% | 3,644↑11.1% | 3,281↓10.7% | 3,676↑52.3% | 2,413 | |
| Cost of Revenue | 104↓95.7% | 2,400↑0.7% | 2,383↑6.0% | 2,248↑39.6% | 1,610 | |
| Gross Profit | 2,991↑140.4% | 1,244↑38.5% | 898↓37.1% | 1,428↑77.8% | 803 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 104↓7.1% | 112↑9.8% | 102↑15.9% | 88 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00↓100.0% | 104↓7.1% | 112↑9.8% | 102↑15.9% | 88 | |
| Other Expenses | 2,599↑799.3% | 289↓28.3% | 403↑19.9% | 336↑0.6% | 334 | |
| Operating Expenses | 2,599↑561.3% | 393↓23.7% | 515↑17.6% | 438↑3.8% | 422 | |
| Total Costs & Expenses | 2,703↓3.2% | 2,793↓3.6% | 2,898↑7.9% | 2,686↑32.2% | 2,032 | |
| Operating Results | ||||||
| Operating Income | 392↓53.9% | 851↑122.2% | 383↓61.3% | 990↑159.8% | 381 | |
| Depreciation & Amortization | 237↓11.9% | 269↓20.6% | 339↑0.9% | 336↑52.0% | 221 | |
| EBITDA | 598↓52.0% | 1,246↑78.8% | 697↓47.8% | 1,335↑124.7% | 594 | |
| EBIT | 361↓63.1% | 977↑172.9% | 358↓64.2% | 999↑167.8% | 373 | |
| Interest & Other Income | ||||||
| Net Interest Income | -474↑2.3% | -485↓10.2% | -440↓24.3% | -354↓72.7% | -205 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 474↓2.3% | 485↑10.2% | 440↑24.3% | 354↑72.7% | 205 | |
| Non-Operating Income | 31↑124.6% | -126↓604.0% | 25↑377.8% | -9↓212.5% | 8 | |
| Other Income / Expenses | -505↓40.7% | -359↑22.8% | -465↓23.7% | -376↓76.5% | -213 | |
| Income Before Tax | -113↓123.0% | 492↑700.0% | -82↓113.4% | 614↑265.5% | 168 | |
| Income Tax Expense | -28↓123.9% | 117↑2050.0% | -6↓103.8% | 159↑103.8% | 78 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -85↓122.7% | 375↑593.4% | -76↓116.7% | 455↑405.6% | 90 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -85↓122.7% | 375↑593.4% | -76↓116.7% | 455↑405.6% | 90 | |
| Bottom-Line Net Income | -85↓126.3% | 323↑352.3% | -128↓131.8% | 403↑960.5% | 38 | |
| EPS (Basic) | -0.88↓125.9% | 3.40↑344.6% | -1.39↓131.7% | 4.38↑995.0% | 0.40 | |
| EPS (Diluted) | -0.88↓126.2% | 3.36↑341.7% | -1.39↓132.1% | 4.33↑982.5% | 0.40 | |
| Weighted Average Shares | 97↑2.1% | 95↑3.3% | 92↑0.0% | 92↓3.2% | 95 | |
| Weighted Average Diluted Shares | 97↑1.0% | 96↑4.3% | 92↓1.1% | 93↓2.1% | 95 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.