← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
GRAY MEDIA, INC: Revenue declined 15.1% to $3.095B from $3.644B. The company moved from net income of $375M to a net loss of $85M. Free cash flow declined 70.2% to $181M from $608M. Operating margin contracted 1068 bps to 12.67%. GRAY MEDIA, INC's principal statistical and annual-change screens add no overriding warning to the reported profit and cash-flow record.
The read at a glance✓ Audited against SEC data
- Growth — Revenue declined 15.1%Watch
- Profitability — The company moved from net income of $375M to a net loss of $85MWatch
- Cash flow — Free cash flow declined 70.2% to $181M from $608MWatch
- Margins — Operating margin contracted 1068 bps to 12.67%Watch
- Accounting — No overriding statistical warningNote
- Insiders — 0 purchases and 2 salesNote
Business
We are diversified across our markets and network affiliations.
Where the revenue comes from
Fiscal 2025, as GRAY MEDIA, INC reports it. History and quarterly detail are in the app.
- Broadcasting,$3.0B
- Production Companies,$107.0M
Leadership changes
From GRAY MEDIA, INC's own filings, the day they're filed.
- Wells Fargo · Chief Financial Officer · appointmenteff. 2024-04-01
- James C. Ryan · Chief Financial Officer · departureeff. 2024-02-20
Latest filings
- 8-K · Company announcement2026-08-21
- 8-K · Company announcement2026-08-18
- 8-K · Company announcement2026-08-17
- 10-Q · Quarterly report2026-08-07
- 8-K · Company announcement2026-08-07
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about GRAY MEDIA, INC, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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