Gray Media announced strong Q3 2026 results with total revenue of $972 million, a 30% increase from Q3 2025, driven by record political advertising revenue of $198 million. Core advertising grew 1% despite political ad crowd out, supported by acquisitions contributing $66 million in ad revenue. The company extended debt maturities and reduced high-interest notes, aiming to cut interest expenses further in Q4. Gray Media also highlighted its journalistic achievements and plans to continue growth through strategic acquisitions and operational improvements.
Gray Media's Q3 2026 financial results show a total revenue of $972 million, a 30% increase from the previous year, highlighting strong growth in political advertising revenue. For readers following the US media sector, here is Pluang's market snapshot as of Nov 06, 2026 16:21 WIB: Among 57 priced media-sector US stocks, 24 rose and 30 fell. Notable movers include Comcast Corporation (CMCSA) at USD 24.60 with a 1-day change of -1.40% and a Pluang order activity of 47% Sell / 53% Buy, Zillow Group Inc Class A (ZG) at USD 30.78 with a -1.38% change, and Reddit Inc (RDDT) at USD 95.00 with a +1.28% change and a Pluang order activity of 27% Sell / 73% Buy.
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