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Gray Media (GTN) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Gray Media Revenue Highlights

Latest Revenue (Y)

$3.64B

Latest Revenue (Q)

$749.00M

Main Segment (Y)

Advertising

Gray Media Revenue by Period

Gray Media Revenue by Year

DateRevenueChange
2024-12-31$3.64B11.06%
2023-12-31$3.28B-10.75%
2022-12-31$3.68B52.34%
2021-12-31$2.41B1.34%
2020-12-31$2.38B12.21%
2019-12-31$2.12B95.73%
2018-12-31$1.08B22.82%
2017-12-31$882.73M8.65%
2016-12-31$812.47M36.01%
2015-12-31$597.36M17.56%
2014-12-31$508.13M46.73%
2013-12-31$346.30M-14.46%
2012-12-31$404.83M31.81%
2011-12-31$307.13M-11.25%
2010-12-31$346.06M27.99%
2009-12-31$270.37M-17.36%
2008-12-31$327.18M6.47%
2007-12-31$307.29M-7.48%
2006-12-31$332.14M26.99%
2005-12-31$261.55M-24.53%
2004-12-31$346.57M17.33%
2003-12-31$295.37M48.70%
2002-12-31$198.64M27.05%
2001-12-31$156.34M-8.68%
2000-12-31$171.21M18.90%
1999-12-31$144.00M11.71%
1998-12-31$128.90M24.54%
1997-12-31$103.50M30.52%
1996-12-31$79.30M35.32%
1995-12-31$58.60M60.55%
1994-12-31$36.50M178.63%
1993-12-31$13.10M-

Gray Media generated $3.64B in revenue during NA 2024, up 11.06% compared to the previous quarter, and up 171.72% compared to the same period a year ago.

Gray Media Revenue by Quarter

DateRevenueChange
2025-09-30$749.00M-2.98%
2025-06-30$772.00M-1.28%
2025-03-31$782.00M-25.17%
2024-12-31$1.04B10.00%
2024-09-30$950.00M15.01%
2024-06-30$826.00M0.36%
2024-03-31$823.00M-4.75%
2023-12-31$864.00M7.60%
2023-09-30$803.00M-1.23%
2023-06-30$813.00M1.50%
2023-03-31$801.00M-25.28%
2022-12-31$1.07B17.93%
2022-09-30$909.00M4.72%
2022-06-30$868.00M4.96%
2022-03-31$827.00M14.70%
2021-12-31$721.00M19.97%
2021-09-30$601.00M9.87%
2021-06-30$547.00M0.55%
2021-03-31$544.00M-31.31%
2020-12-31$792.00M31.13%
2020-09-30$604.00M33.92%
2020-06-30$451.00M-15.54%
2020-03-31$534.00M-7.77%
2019-12-31$579.00M11.99%
2019-09-30$517.00M1.77%
2019-06-30$508.00M-1.93%
2019-03-31$518.00M57.82%
2018-12-31$328.22M17.51%
2018-09-30$279.31M11.57%
2018-06-30$250.34M10.65%
2018-03-31$226.26M-3.15%
2017-12-31$233.61M6.68%
2017-09-30$218.98M-3.40%
2017-06-30$226.68M11.41%
2017-03-31$203.46M-14.38%
2016-12-31$237.62M16.20%
2016-09-30$204.49M4.00%
2016-06-30$196.63M13.19%
2016-03-31$173.72M2.50%
2015-12-31$169.49M12.17%
2015-09-30$151.10M5.32%
2015-06-30$143.46M7.62%
2015-03-31$133.30M-25.06%
2014-12-31$177.89M35.07%
2014-09-30$131.70M22.80%
2014-06-30$107.25M17.47%
2014-03-31$91.30M-4.46%
2013-12-31$95.56M8.23%
2013-09-30$88.29M4.75%
2013-06-30$84.28M7.82%
2013-03-31$78.17M-38.25%
2012-12-31$126.59M23.04%
2012-09-30$102.88M8.65%
2012-06-30$94.69M17.37%
2012-03-31$80.67M-4.72%
2011-12-31$84.67M10.65%
2011-09-30$76.52M0.42%
2011-06-30$76.20M9.26%
2011-03-31$69.74M-39.14%
2010-12-31$114.59M34.27%
2010-09-30$85.34M12.84%
2010-06-30$75.64M7.31%
2010-03-31$70.48M-9.08%
2009-12-31$77.52M16.66%
2009-09-30$66.45M2.14%
2009-06-30$65.06M6.04%
2009-03-31$61.35M-35.28%
2008-12-31$94.80M14.73%
2008-09-30$82.63M4.94%
2008-06-30$78.74M10.91%
2008-03-31$71.00M-15.75%
2007-12-31$84.27M-

Gray Media generated $749.00M in revenue during Q3 2025, up -2.98% compared to the previous quarter, and up 90.68% compared to the same period a year ago.

Gray Media Revenue Breakdown

Gray Media Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Advertising$1.99B$1.59B$2.01B$1.23B$1.40B
Core Advertising$1.49B$1.51B$1.50B--
Political Advertising$497.00M$79.00M$515.00M$44.00M$430.00M
Production Companies$105.00M$86.00M$93.00M$73.00M$61.00M
Retransmission Consent$1.48B$1.53B$1.50B$1.05B$867.00M
Service, Other$70.00M$70.00M$76.00M$57.00M$54.00M
Local Advertising---$934.00M$771.00M
National Advertising---$256.00M$198.00M

Gray Media's latest annual revenue breakdown by segment (product or service), as of Dec 24: Advertising (35.29%), Core Advertising (26.46%), Retransmission Consent (26.32%), Political Advertising (8.83%), Production Companies (1.86%), and Service, Other (1.24%).

Quarterly Revenue by Product

Product/ServiceSep 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Jun 23
Advertising$363.00M$370.00M$357.00M$1.05B$538.00M$399.00M$837.00M$391.00M
Core Advertising$355.00M$361.00M$344.00M$753.00M$365.00M$372.00M$778.00M$379.00M
Political Advertising$8.00M$9.00M$13.00M$297.00M$173.00M$27.00M$59.00M$12.00M
Production Companies$25.00M$18.00M$27.00M$55.00M$26.00M$24.00M$52.00M$12.00M
Retransmission Consent$346.00M$369.00M$379.00M$732.00M$369.00M$381.00M$743.00M$394.00M
Service, Other$15.00M$15.00M$19.00M$34.00M$17.00M$19.00M$35.00M$16.00M

Gray Media's latest quarterly revenue breakdown by segment (product or service), as of Sep 25: Advertising (32.64%), Core Advertising (31.92%), Retransmission Consent (31.12%), Production Companies (2.25%), Service, Other (1.35%), and Political Advertising (0.72%).

Gray Media Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
JFINJiayin Group$5.47B$1.60B
IHRTiHeartMedia$3.85B$997.01M
GTNGray Media$3.64B$749.00M
ADVAdvantage Solutions$3.57B$915.01M
SSPE.W. Scripps$2.51B$525.85M
PERIPerion Network$743.15M$157.82M
WOWWideOpenWest$630.90M$144.00M
BOCBoston Omaha$108.27M$28.20M
ATEXAnterix$6.03M$1.55M
TTGTTechTarget$229.96K$274.00K
NCMINational CineMedia-$63.40M

GTN Revenue FAQ

What is Gray Media’s yearly revenue?

Gray Media's yearly revenue for 2024 was $3.64B, representing an increase of 11.06% compared to 2023. The company's yearly revenue for 2023 was $3.28B, representing a decrease of -10.75% compared to 2022. GTN's yearly revenue for 2022 was $3.68B, representing an increase of 52.34% compared to 2021.

What is Gray Media’s quarterly revenue?

Gray Media's quarterly revenue for Q3 2025 was $749M, a -2.98% decrease from the previous quarter (Q2 2025), and a -21.16% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $772M, a -1.28% decrease from the previous quarter (Q1 2025), and a -6.54% decrease year-over-year (Q2 2024). GTN's quarterly revenue for Q1 2025 was $782M, a -25.17% decrease from the previous quarter (Q4 2024), and a -4.98% decrease year-over-year (Q1 2024).

What is Gray Media’s revenue growth rate?

Gray Media's revenue growth rate for the last 3 years (2022-2024) was -0.87%, and for the last 5 years (2020-2024) was 53.04%.

What are Gray Media’s revenue streams?

Gray Media's revenue streams in c 24 are Advertising, Core Advertising, Political Advertising, Production Companies, Retransmission Consent, and Service, Other. Advertising generated $1.99B in revenue, accounting 35.29% of the company's total revenue, up 24.73% year-over-year. Core Advertising generated $1.49B in revenue, accounting 26.46% of the company's total revenue, down -1.59% year-over-year. Political Advertising generated $497M in revenue, accounting 8.83% of the company's total revenue, up 529.11% year-over-year. Production Companies generated $105M in revenue, accounting 1.86% of the company's total revenue, up 22.09% year-over-year. Retransmission Consent generated $1.48B in revenue, accounting 26.32% of the company's total revenue, down -3.26% year-over-year. Service, Other generated $70M in revenue, accounting 1.24% of the company's total revenue

What is Gray Media’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Gray Media was Advertising. This segment made a revenue of $1.99B, representing 35.29% of the company's total revenue.