Gray Television (GTN) Revenue & Revenue Breakdown


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Gray Television Revenue Highlights


Latest Revenue (Y)

$3.28B

Latest Revenue (Q)

$823.00M

Main Segment (Y)

Advertising

Gray Television Revenue by Period


Gray Television Revenue by Year

DateRevenueChange
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 Television generated $3.28B in revenue during NA 2023, up -10.75% compared to the previous quarter, and up 302.64% compared to the same period a year ago.

Gray Television Revenue by Quarter

DateRevenueChange
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 Television generated $823.00M in revenue during Q1 2024, up -4.75% compared to the previous quarter, and up 76.77% compared to the same period a year ago.

Gray Television Revenue Breakdown


Gray Television Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Advertising$1.59B$2.01B$1.23B$1.40B$1.20B
Retransmission Consent$1.53B$1.50B$1.05B$867.00M$796.00M
Production Companies$86.00M$93.00M$73.00M$61.00M$87.00M
Political Advertising$79.00M$515.00M$44.00M$430.00M$68.00M
Service, Other$70.00M$76.00M$57.00M$54.00M$44.00M
Core Advertising$1.51B$1.50B---
Local Advertising--$934.00M$771.00M$898.00M
National Advertising--$256.00M$198.00M$229.00M

Gray Television's latest annual revenue breakdown by segment (product or service), as of Dec 23: Advertising (32.68%), Retransmission Consent (31.43%), Core Advertising (31.06%), Production Companies (1.76%), Political Advertising (1.62%), and Service, Other (1.44%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Jun 23
Retransmission Consent$381.00M$743.00M$394.00M
Core Advertising$372.00M$778.00M$379.00M
Service, Other$19.00M$35.00M$16.00M
Political Advertising$27.00M$59.00M$12.00M
Production Companies$24.00M$52.00M$12.00M
Advertising$399.00M$837.00M$391.00M

Gray Television's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Advertising (32.65%), Retransmission Consent (31.18%), Core Advertising (30.44%), Political Advertising (2.21%), Production Companies (1.96%), and Service, Other (1.55%).

Gray Television Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BBGIBeasley Broadcast Group$247.11T$60.44M
LSXMAFormula One Group$22.75B$3.17B
IHRTiHeartMedia$3.75B$929.09M
GTNGray Television$3.28B$823.00M
SSPE.W. Scripps Company$2.29B$573.63M
CMLSCumulus Media$844.55M$204.85M
SGASaga Communications$112.77M$28.74M

GTN Revenue FAQ


Gray Television's yearly revenue for 2023 was $3.28B, representing a decrease of -10.75% compared to 2022. The company's yearly revenue for 2022 was $3.68B, representing an increase of 52.34% compared to 2021. GTN's yearly revenue for 2021 was $2.41B, representing an increase of 1.34% compared to 2020.

Gray Television's quarterly revenue for Q1 2024 was $823M, a -4.75% decrease from the previous quarter (Q4 2023), and a 2.75% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $864M, a 7.60% increase from the previous quarter (Q3 2023), and a -19.40% decrease year-over-year (Q4 2022). GTN's quarterly revenue for Q3 2023 was $803M, a -1.23% decrease from the previous quarter (Q2 2023), and a -11.66% decrease year-over-year (Q3 2022).

Gray Television's revenue growth rate for the last 3 years (2021-2023) was 35.97%, and for the last 5 years (2019-2023) was 54.62%.

Gray Television's revenue streams in c 23 are Advertising, Retransmission Consent, Production Companies, Political Advertising, Service, Other, and Core Advertising. Advertising generated $1.59B in revenue, accounting 32.68% of the company's total revenue, down -20.79% year-over-year. Retransmission Consent generated $1.53B in revenue, accounting 31.43% of the company's total revenue, up 2.41% year-over-year. Production Companies generated $86M in revenue, accounting 1.76% of the company's total revenue, down -7.53% year-over-year. Political Advertising generated $79M in revenue, accounting 1.62% of the company's total revenue, down -84.66% year-over-year. Service, Other generated $70M in revenue, accounting 1.44% of the company's total revenue, down -7.89% year-over-year. Core Advertising generated $1.51B in revenue, accounting 31.06% of the company's total revenue, up 1.20% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Gray Television was Advertising. This segment made a revenue of $1.59B, representing 32.68% of the company's total revenue.