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Gray Media profit margin GTN

Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.

Net margin, 12 months
−0.8%
Operating margin, 12 months
13.8%
Net margin on a year earlier
−6.5 pts
Peer median
4.5%

Over the twelve months to Jun 30, 2026, Gray Media kept −0.8% of its revenue as net profit, with an operating margin of 13.8% and a gross margin of 26.0%.

Five years earlier its net margin was 17.0%.

The median for 10 entertainment stocks of a similar size is 4.5%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−2.7%12.7%24.6%
FY202410.3%23.4%34.1%
FY2023−2.3%11.7%27.4%
FY202212.4%26.9%38.8%
FY20213.7%15.8%33.3%
FY202017.2%31.6%41.5%
FY20198.4%22.5%34.1%
FY201819.4%35.8%44.9%
FY201729.7%32.9%n/a
FY20167.7%28.8%n/a
FY20156.6%23.4%n/a
FY20149.5%30.3%n/a
FY20135.3%24.2%n/a
FY20126.9%37.9%n/a
FY20112.9%24.5%n/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−0.8%−6.5 pts13.8%
Q1 FY26−3.1%−10.8 pts12.4%
Q4 FY25−2.7%−13.0 pts12.7%
Q3 FY252.8%−2.9 pts18.0%
Q2 FY255.6%+3.8 pts21.1%
Q1 FY257.7%+6.4 pts22.7%
Q4 FY2410.3%+12.6 pts23.4%
Q3 FY245.7%+2.3 pts18.5%
Q2 FY241.8%−5.6 pts14.3%
Q1 FY241.3%−8.6 pts13.3%
Q4 FY23−2.3%−14.7 pts11.7%
Q3 FY233.4%−5.6 pts18.1%

Against its peers

Companies in Entertainment nearest Gray Media's size, closest first, today.

Where Gray Media ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Gray Media

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.