Total revenue reached 792000000 in Q4 2025, driven by solid core advertising and retransmission revenue, while the company reported a net loss attributable to common stockholders of 23000000 and Adjusted EBITDA of 179000000.

Gray Television reported Q2 2025 revenue of $772M, down 7% year-over-year, as political advertising fell sharply in the off-election year. Core and retransmission revenues also saw modest declines, while Adjusted EBITDA decreased to $169M. The company reported a net loss of $69M compared to net income of $9M last year.

Gray Media, Inc. announced its financial results for the first quarter ended March 31, 2025, with total revenues exceeding guidance and operating expenses below guidance. The company reported a net loss of $22 million, a decrease from a net income of $75 million in Q1 2024, primarily due to a cyclical decrease in political advertising revenue. The company also reduced its outstanding debt by $17 million.

Gray Media reported a strong fourth quarter with a 21% increase in total revenue, driven by significant growth in political advertising revenue. The company also reduced its outstanding debt and improved its leverage ratio. Net income attributable to common stockholders was $156 million, a significant turnaround from the previous year's net loss.