Gray Media Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	368	135	21	61	189
Cash & Short-Term Investments	368	135	21	61	189
Cash Growth	172.59%	542.86%	-65.57%	-67.73%	-75.92%
Accounts Receivable	205	337	342	650	624
Other Receivables	6	6	21	22	21
Total Trade Receivables	211	343	363	672	645
Other Current Assets	77	63	84	124	129
Total Current Assets	656	541	468	857	963
Net Property, Plant & Equipment	1,575	1,646	1,676	1,541	1,235
Other Intangible Assets	5,466	5,601	5,735	5,967	6,128
Goodwill	2,642	2,642	2,643	2,663	2,649
Long-Term Investments	37	66	85	105	117
Other Long-Term Assets	64	46	33	19	16
Total Assets	10,440	10,542	10,640	11,152	11,108
Accounts Payable	144	154	23	55	59
Accrued Expenses	301	276	267	247	227
Current Portion of Long-Term Debt	2	20	15	15	15
Current Portion of Leases	10	10	11	10	9
Unearned Revenue	20	29	23	24	14
Other Current Liabilities	39	38	56	58	60
Total Current Liabilities	516	527	395	409	384
Long-Term Debt	5,742	5,601	6,145	6,440	6,740
Long-Term Leases	59	62	69	68	63
Other Long-Term Liabilities	1,318	1,419	1,410	1,469	1,514
Total Long-Term Liabilities	7,119	7,082	7,624	7,977	8,317
Total Liabilities	7,635	7,609	8,019	8,386	8,701
Common Stock	1,277	1,255	1,224	1,195	1,166
Treasury Stock	-323	-317	-314	-309	-251
Accumulated Other Comprehensive Income	-4	-30	-23	-12	-27
Retained Earnings	1,205	1,375	1,084	1,242	869
Total Common Shareholders' Equity	2,155	2,283	1,971	2,116	1,757
Minority Interest	650	650	650	650	650
Shareholders' Equity	2,805	2,933	2,621	2,766	2,407
Total Liabilities & Equity	10,440	10,542	10,640	11,152	11,108
Total Debt	5,813	5,693	6,240	6,533	6,827
Net Cash (Debt)	-5,445	-5,558	-6,219	-6,472	-6,638
Net Cash Per Share	-56.13	-57.90	-67.60	-69.59	-69.87
Book Value	2,155	2,283	1,971	2,116	1,757
Book Value Per Share	22.22	23.78	21.42	22.75	18.49
Tangible Book Value	-5,953	-5,960	-6,407	-6,514	-7,020
Tangible Book Value Per Share	-61.37	-62.08	-69.64	-70.04	-73.89

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q