Gray Media Q2 FY26 net income swings to profit of $14 million; revenue rises 9% to $839 million

Reuters2026/08/07 10:01

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Gray Media posted revenue of $839 million in Q2 2026, up 9% from a year earlier, while net income turned to $14 million.
Adjusted EBITDA rose 27% to $214 million, while operating income climbed 66% to $136 million.
Political advertising revenue surged to $83 million, while core advertising slipped 1% to $357 million.
Retransmission consent revenue fell 3% to $359 million, while net retransmission revenue rose 10% to $150 million.
Hilton Howell said results are starting to reflect M&A benefits; Q3 guidance calls for revenue of $935 million-$965 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gray Media Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608070600PRIMZONEFULLFEED9805810) on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Gray Media Q2 FY26 net income swings to profit of $14 million; revenue rises 9% to $839 million

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