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Gray Media, Inc revenue

Gray Media, Inc's revenue was $3.10bn in fiscal 2025, down 15.1% on the year before. Since fiscal 2009 ($270m) it has grown at a compound 16.5% a year. Over the last twelve months it was $3.15bn.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue2703463074053465085978128831,0842,1222,3812,4133,6763,2813,6443,0953,148
Growth on the year before—+28.0%−11.2%+31.8%−14.5%+46.7%+17.6%+36.0%+8.7%+22.8%+95.8%+12.2%+1.3%+52.3%−10.7%+11.1%−15.1%—

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Broadcasting $3B 96.5% ▼ 15.6%
Production Companies $107M 3.5% ▲ 1.9%
All Other Segments $0 0.0% —
Products and services
Line of business Revenue Share YoY
Advertising $1.5B 48.3% ▼ 24.8%
Core Advertising $1.5B 97.2% ▼ 2.6%
Political Advertising $42M 2.8% ▼ 91.5%
Retransmission Consent $1.4B 46.2% ▼ 3.6%
Production Companies $107M 3.5% ▲ 1.9%
Other services $65M 2.1% ▼ 7.1%

From Gray Media, Inc's 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Broadcasting: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Gray Media, Inc $3.15bn -11.3% -4.3%
Sinclair, Inc. $3.26bn -6.5% -0.9%
Iheartmedia, Inc. $3.99bn 3.1% 1.2%
AMC Global Media Inc. $2.25bn -4.6% -9.6%
E.w. Scripps Co $2.09bn -14.2% -4.5%
Nexstar Media Group, Inc. $5.88bn 10.5% 3.8%

Compare with peers

Head to head: GTN vs SBGIGTN vs IHRTAMCX vs GTNGTN vs SSP

More: Broadcasting stocks compared, Communication Services sector, rankings of US companies

Figures from Gray Media, Inc's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Gray Media, Inc.