Gray Media, Inc. (GTN) quarterly cash flow statement — complete operating, investing & financing history
Gray Media, Inc. (GTN) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 134M | 123M | 1M | 112M | 14M | 31M | 132M | 368M | 297M | 18M | 68M | 83M | 106M | 47M | 412M | 233M | 266M | 189M | 141M | 17M |
| Operating CF Margin % | 13.79% | 14.66% | 0.13% | 14.14% | 1.87% | 4.02% | 16.88% | 35.22% | 31.26% | 2.18% | 8.26% | 9.61% | 13.2% | 5.78% | 51.44% | 21.74% | 29.26% | 21.77% | 17.05% | 2.36% |
| Operating CF Growth % | 857.14% | 296.77% | -99.24% | -69.57% | -95.29% | 72.22% | 94.12% | 343.37% | 180.19% | -61.7% | -83.5% | -64.38% | -60.15% | -75.13% | 192.2% | 1270.59% | 478.26% | 107.69% | -4.08% | -89.63% |
| Net Income | 78M | 14M | -20M | -10M | -10M | -56M | -9M | 169M | 96M | 22M | 88M | -9M | -40M | 4M | -31M | 186M | 108M | 99M | 62M | 29M |
| Depreciation & Amortization | 37M | 62M | 71M | 66M | 63M | 66M | 69M | 75M | 74M | 74M | 74M | 94M | 93M | 95M | 94M | 96M | 96M | 95M | 101M | 76M |
| Stock-Based Compensation | 3M | 3M | 8M | 5M | 5M | 5M | 7M | 5M | 5M | 6M | 6M | 16M | 5M | 7M | 2M | 14M | 6M | 6M | 6M | 10M |
| Deferred Taxes | 1M | -1M | 0 | -19M | -2M | -19M | -16M | 3M | -2M | -4M | -6M | -34M | -51M | -14M | 8M | -16M | -4M | 0 | 0 | -4M |
| Other Non-Cash Items | -3M | 15M | -10M | 25M | 8M | 22M | -2M | -7M | 4M | 6M | -117M | 19M | 39M | 15M | 11M | 11M | -12M | -5M | -25M | -20M |
| Working Capital Changes | 18M | 30M | -48M | 45M | -50M | 13M | 83M | 123M | 120M | -86M | 23M | -3M | 60M | -60M | 328M | -58M | 72M | -6M | -3M | -74M |
| Change in Receivables | -2M | -15M | 29M | 4M | -2M | -20M | 140M | 62M | -22M | -11M | -16M | 14M | 23M | 1M | 296M | -39M | 44M | 30M | -20M | -76M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -39M | 40M | -14M | 48M | -64M | 10M | -4M | 58M | -14M | -5M | 13M | -3M | -8M | -6M | -15M | 15M | -27M | 43M | 0 | -1M |
| Cash from Investing | -82M | -213M | -77M | -29M | -20M | 1M | -15M | -38M | -40M | -30M | 80M | -32M | -72M | -92M | -95M | -141M | -161M | -148M | -53M | -2.87B |
| Capital Expenditures | -35M | -17M | -19M | -43M | -25M | -25M | -15M | -40M | -40M | -29M | -34M | -60M | -75M | -103M | -110M | -138M | -139M | -112M | -47M | -53M |
| CapEx % of Revenue | 3.6% | 2.03% | 2.47% | 5.43% | 3.34% | 3.24% | 1.92% | 3.83% | 4.21% | 3.51% | 4.13% | 6.94% | 9.34% | 12.67% | 13.73% | 12.87% | 15.29% | 12.9% | 5.68% | 7.35% |
| Acquisitions | -38M | -196M | -68M | 30M | 0 | 1M | -9M | -4M | 1M | -1M | -3M | -2M | -5M | -3M | -4M | -5M | -20M | -38M | -7M | -2.82B |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1M | -2M | 0 | -16M | 3M | 4M | 8M | 6M | -1M | 0 | 7M | 30M | 8M | 14M | 19M | 2M | -2M | 2M | 1M | 1M |
| Cash from Financing | -74M | 7M | -33M | 103M | -11M | -43M | -42M | -264M | -263M | -47M | -35M | -51M | -49M | 25M | -322M | -175M | -123M | -126M | -30M | 2.72B |
| Debt Issued (Net) | 0 | 59M | -2M | 126M | 35M | -21M | -17M | -242M | -242M | 14M | -4M | -29M | -28M | 46M | -299M | -154M | -103M | -54M | -4M | 2.8B |
| Equity Issued (Net) | 0 | -30M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -50M | -5M | -30M |
| Dividends Paid | -19M | -22M | -22M | -22M | -21M | -21M | -21M | -21M | -21M | -21M | -21M | -21M | -21M | -20M | -20M | -20M | -20M | -21M | -21M | -21M |
| Share Repurchases | 30M | -30M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -51M | -5M | -30M |
| Other Financing | -55M | 0 | -9M | -1M | -25M | -1M | -4M | -1M | 0 | -40M | -10M | -1M | 0 | -1M | -3M | -1M | 0 | -1M | 0 | -29M |
| Net Change in Cash | -22M | -83M | -109M | 186M | -17M | -11M | 75M | 66M | -6M | -59M | 113M | 0 | -15M | -20M | -5M | -83M | -18M | -85M | 58M | -133M |
| Free Cash Flow | 99M | 106M | -18M | 69M | -11M | 6M | 117M | 328M | 257M | -11M | 34M | 23M | 31M | -56M | 302M | 95M | 127M | 77M | 94M | -36M |
| FCF Margin % | 10.19% | 12.63% | -2.34% | 8.71% | -1.47% | 0.78% | 14.96% | 31.39% | 27.05% | -1.33% | 4.13% | 2.66% | 3.86% | -6.89% | 37.7% | 8.86% | 13.97% | 8.87% | 11.37% | -4.99% |
| FCF Growth % | 1000% | 1666.67% | -115.38% | -78.96% | -104.28% | 154.55% | 244.12% | 1326.09% | 729.03% | 80.36% | -88.74% | -75.79% | -75.59% | -172.73% | 221.28% | 363.89% | 876.92% | 552.94% | -29.85% | -129.03% |
| FCF per Share | 1.01 | 1.06 | -0.19 | 0.71 | -0.11 | 0.06 | 1.22 | 3.35 | 2.65 | -0.11 | 0.36 | 0.25 | 0.33 | -0.60 | 3.28 | 1.03 | 1.38 | 0.82 | 1.00 | -0.38 |
| FCF Conversion (FCF/Net Income) | 1.72x | 8.79x | -0.05x | -11.20x | -1.40x | -0.55x | -14.67x | 2.18x | 3.09x | 0.82x | 0.77x | -9.22x | -2.65x | 11.75x | -13.29x | 1.25x | 2.46x | 1.91x | 2.27x | 0.59x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 44M | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |