Q2 FY2026 EarningsQ2 FY26 results exceeded consensus expectations on both top and bottom lines, with revenue reaching $839M vs. $795.1M expected and GAAP EPS of $0.21 significantly beating the forecasted loss of $0.08. The beat was primarily driven by massive strength in political advertising revenue ($83M) and contribution from M&A activities, which offset core advertising and subscriber headwinds. Management issued strong Q3 FY26 revenue guidance of $935M-$965M, well positioned for the upcoming election cycle peak.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Gray Media(GTN) the Revenue is 839 M (+8.68%), Beat estimate;the EBIT is 136 M (+65.85%), Beat estimate;the EPS is 0.21 (+129.6%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.84B8.68%
0.80B3.00%
+0.04B5.68%
EBITExceed expectations
0.14B65.85%
0.13B61.17%
+0.00B4.68%
EPSExceed expectations
0.21129.58%
-0.083388.26%
+0.293341.32%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf