Gray Media (GTN) Q2 2026 Earnings Call Transcript
Gray Media (GTN) reported Q2 2026 revenue of $839 million, up 9% year over year, with political advertising revenue of $83 million and adjusted EBITDA of $214 million, up 27%. Net retransmission revenue was $150 million (+10%). Management guided Q3 political revenue to $165 million to $185 million and said it expects $120 million to $130 million capex and $440 million interest expense for 2026.




