Gray Media, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.10B | $3.64B | $3.28B | $3.68B | $2.41B | $2.38B | $2.12B | $1.08B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | $159.0M | $65.0M | $104.0M | $41.0M |
| Operating Income | $392.0M | $851.0M | $383.0M | $990.0M | $381.0M | $752.0M | $478.0M | $389.0M |
| Operating Margin | 12.7% | 23.4% | 11.7% | 26.9% | 15.8% | 31.6% | 22.5% | 35.9% |
| Interest Expense | $474.0M | $485.0M | $440.0M | $354.0M | $205.0M | $191.0M | $227.0M | $107.0M |
| Pretax Income | $-113.0M | $492.0M | $-82.0M | $614.0M | $168.0M | $544.0M | $255.0M | $288.0M |
| Income Tax Expense | $-28.0M | $117.0M | $-6.0M | $159.0M | $78.0M | $134.0M | $76.0M | $77.0M |
| Net Income | $-85.0M | $375.0M | $-76.0M | $455.0M | $90.0M | $410.0M | $179.0M | $211.0M |
| Net Margin | -2.7% | 10.3% | -2.3% | 12.4% | 3.7% | 17.2% | 8.4% | 19.5% |
| EPS (Basic) | $-1.41 | $3.40 | $-1.39 | $4.38 | $0.40 | $3.73 | $1.28 | $2.39 |
| EPS (Diluted) | $-1.41 | $3.36 | $-1.39 | $4.33 | $0.40 | $3.69 | $1.27 | $2.37 |
| Shares Outstanding (Basic) | 97.0M | 95.0M | 92.0M | 92.0M | 95.0M | 96.0M | 99.0M | 88.0M |
| Shares Outstanding (Diluted) | 97.0M | 96.0M | 92.0M | 93.0M | 95.0M | 97.0M | 100.0M | 89.0M |
| Dividends Per Share | $0.32 | $0.32 | $0.32 | $0.32 | $0.32 | $0.00 | $0.00 | $0.00 |