Gray Media Q2 FY26 net income swings to profit of $14 million; revenue rises 9% to $839 million - GTN News | RalliesGray Media Q2 FY26 net income swings to profit of $14 million; revenue rises 9% to $839 million
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GTN• Gray Media reports higher revenue and a return to profitability
- 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.
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