Gray Media, Inc. (GTN.A)

Gray Media Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-85	375	-76	455	90
Depreciation & Amortization	237	269	339	336	221
Stock-Based Compensation	22	32	20	31	22
Other Adjustments	23	-95	31	10	17
Change in Receivables	132	5	308	-26	-30
Changes in Accounts Payable	-10	52	-32	-5	22
Changes in Accrued Expenses	-6	99	10	17	8
Changes in Income Taxes Payable	-	-17	7	5	-8
Changes in Unearned Revenue	-9	6	-1	10	-12
Changes in Other Operating Activities	-16	35	33	-4	-30
Operating Cash Flow	289	751	648	829	300
Operating Cash Flow Growth	-61.52%	15.90%	-21.83%	176.33%	10.66%
Capital Expenditures	-108	-143	-348	-436	-207
Sale of Property, Plant & Equipment	47	14	54	4	5
Purchases of Investments	-8	-7	-14	-16	-49
Proceeds from Sale of Investments	24	110	-	-	-
Payments for Business Acquisitions	-	-1	-6	-58	-3,765
Proceeds from Business Divestments	-	-	6	-	473
Other Investing Activities	-18	-1	17	3	9
Investing Cash Flow	-63	-28	-291	-503	-3,534
Long-Term Debt Issued	2,110	2,070	300	-	3,050
Long-Term Debt Repaid	-1,987	-2,544	-610	-315	-250
Net Long-Term Debt Issued (Repaid)	123	-474	-310	-315	2,800
Repurchase of Common Stock	-	-	-	-50	-30
Net Common Stock Issued (Repurchased)	-	-	-	-50	-30
Common Dividends Paid	-33	-32	-30	-30	-31
Preferred Share Dividends Paid	-52	-52	-52	-52	-52
Other Financing Activities	-31	-51	-5	-7	-37
Financing Cash Flow	7	-609	-397	-454	2,650
Net Cash Flow	233	114	-40	-128	-584
Free Cash Flow	181	608	300	393	93
Free Cash Flow Growth	-70.23%	102.67%	-23.66%	322.58%	-64.37%
FCF Margin	5.85%	16.68%	9.14%	10.69%	3.85%
Free Cash Flow Per Share	1.87	6.33	3.26	4.23	0.98
Levered Free Cash Flow	74	150	-430	11	2,832
Unlevered Free Cash Flow	382.87	949.63	362.98	656.63	198.11

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

SEC Filings: 10-K · 10-Q