Gray Media, Inc. (GTN) Spending and interest coverage
- R&D / revenue · 12 months: Value (m); Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value 0.67%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | (m) | Research and development expense / revenue. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Stock-based compensation / revenue · 12 months | 0.67% | Share-based compensation / revenue. Period ending 2026-06-30. $21.00M ÷ $3.15B × 100 ≈ 0.67% |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | (m) | |
| Revenue | 3.15B USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | 21.00M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 435.00M USD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | (m) | $3.15B | $21.00M | $435.00M | (m) | (m) | 0.67% | (m) | (m) |
| 2026-03-31 | (m) | $3.08B | $23.00M | $381.00M | (m) | (m) | 0.75% | (m) | (m) |
| 2025-12-31 | (m) | $3.10B | $22.00M | $392.00M | (m) | (m) | 0.71% | (m) | (m) |
| 2025-09-30 | (m) | $3.35B | $22.00M | $601.00M | (m) | (m) | 0.66% | (m) | (m) |
| 2025-06-30 | (m) | $3.55B | $22.00M | $749.00M | (m) | (m) | 0.62% | (m) | (m) |
| 2025-03-31 | (m) | $3.60B | $23.00M | $819.00M | (m) | (m) | 0.64% | (m) | (m) |
| 2024-12-31 | (m) | $3.64B | $22.00M | $851.00M | (m) | (m) | 0.60% | (m) | (m) |
| 2024-09-30 | (m) | $3.46B | $23.00M | $639.00M | (m) | (m) | 0.66% | (m) | (m) |
| 2024-06-30 | (m) | $3.32B | $23.00M | $473.00M | (m) | (m) | 0.69% | (m) | (m) |
| 2024-03-31 | (m) | $3.30B | $24.00M | $440.00M | (m) | (m) | 0.73% | (m) | (m) |
| 2023-12-31 | (m) | $3.28B | $20.00M | $383.00M | (m) | (m) | 0.61% | (m) | (m) |
| 2023-09-30 | (m) | $3.49B | $19.00M | $633.00M | (m) | (m) | 0.54% | (m) | (m) |
| 2023-06-30 | (m) | $3.60B | $20.00M | $794.00M | (m) | (m) | 0.56% | (m) | (m) |
| 2023-03-31 | (m) | $3.65B | $19.00M | $893.00M | (m) | (m) | 0.52% | (m) | (m) |
| 2022-12-31 | (m) | $3.68B | $22.00M | $990.00M | (m) | (m) | 0.60% | (m) | (m) |
| 2022-09-30 | (m) | $3.33B | $21.00M | $732.00M | (m) | (m) | 0.63% | (m) | (m) |
| 2022-06-30 | (m) | $3.02B | $18.00M | $554.00M | (m) | (m) | 0.60% | (m) | (m) |
| 2022-03-31 | (m) | $2.70B | $15.00M | $444.00M | (m) | (m) | 0.56% | (m) | (m) |
| 2021-12-31 | (m) | $2.41B | $14.00M | $381.00M | (m) | (m) | 0.58% | (m) | (m) |
| 2021-09-30 | (m) | $2.48B | $15.00M | $627.00M | (m) | (m) | 0.60% | (m) | (m) |
| 2021-06-30 | (m) | $2.49B | $16.00M | $772.00M | (m) | (m) | 0.64% | (m) | (m) |
| 2021-03-31 | (m) | $2.39B | $16.00M | $729.00M | (m) | (m) | 0.67% | (m) | (m) |
| 2020-12-31 | (m) | $2.38B | $16.00M | $752.00M | (m) | (m) | 0.67% | (m) | (m) |
| 2020-09-30 | (m) | $2.17B | $18.00M | $581.00M | (m) | (m) | 0.83% | (m) | (m) |
| 2020-06-30 | (m) | $2.08B | $18.00M | $508.00M | (m) | (m) | 0.86% | (m) | (m) |
| 2020-03-31 | (m) | $2.14B | $17.00M | $562.00M | (m) | (m) | 0.80% | (m) | (m) |
| 2019-12-31 | (m) | $2.12B | $16.00M | $478.00M | (m) | (m) | 0.75% | (m) | (m) |
| 2019-09-30 | (m) | $1.87B | $11.66M | $448.77M | (m) | (m) | 0.62% | (m) | (m) |
| 2019-06-30 | (m) | $1.63B | $8.66M | $417.77M | (m) | (m) | 0.53% | (m) | (m) |
| 2019-03-31 | (m) | $1.38B | $7.66M | $378.77M | (m) | (m) | 0.56% | (m) | (m) |
| 2018-12-31 | (m) | $1.08B | $6.66M | $388.77M | (m) | (m) | 0.61% | (m) | (m) |
| 2018-09-30 | (m) | $989.52M | $9.02M | $293.59M | (m) | (m) | 0.91% | (m) | (m) |
| 2018-06-30 | (m) | $929.19M | $8.90M | $235.09M | (m) | (m) | 0.96% | (m) | (m) |
| 2018-03-31 | (m) | $905.52M | $9.12M | $297.79M | (m) | (m) | 1.01% | (m) | (m) |
| 2017-12-31 | (m) | $882.73M | $8.30M | $291.23M | (m) | (m) | 0.94% | (m) | (m) |
| 2017-09-30 | (m) | $886.74M | $5.58M | $320.01M | (m) | (m) | 0.63% | (m) | (m) |
| 2017-06-30 | (m) | $872.25M | $5.32M | $330.45M | (m) | (m) | 0.61% | (m) | (m) |
| 2017-03-31 | (m) | $842.20M | $5.15M | $241.59M | (m) | (m) | 0.61% | (m) | (m) |
| 2016-12-31 | (m) | $812.47M | $5.10M | $234.14M | (m) | (m) | 0.63% | (m) | (m) |
| 2016-09-30 | (m) | $744.33M | $4.83M | $194.16M | (m) | (m) | 0.65% | (m) | (m) |
| 2016-06-30 | (m) | $690.95M | $4.57M | $163.04M | (m) | (m) | 0.66% | (m) | (m) |
| 2016-03-31 | (m) | $637.78M | $4.31M | $148.11M | (m) | (m) | 0.68% | (m) | (m) |
| 2015-12-31 | (m) | $597.36M | $4.02M | $140.06M | (m) | (m) | 0.67% | (m) | (m) |
| 2015-09-30 | (m) | $605.75M | $3.99M | $168.18M | (m) | (m) | 0.66% | (m) | (m) |
| 2015-06-30 | (m) | $586.36M | $3.96M | $179.99M | (m) | (m) | 0.68% | (m) | (m) |
| 2015-03-31 | (m) | $550.14M | $3.93M | $164.42M | (m) | (m) | 0.72% | (m) | (m) |
| 2014-12-31 | (m) | $508.13M | $5.01M | $153.77M | (m) | (m) | 0.99% | (m) | (m) |
| 2014-09-30 | (m) | $425.80M | $4.29M | $105.04M | (m) | (m) | 1.01% | (m) | (m) |
| 2014-06-30 | (m) | $382.39M | $3.56M | $88.10M | (m) | (m) | 0.93% | (m) | (m) |
| 2014-03-31 | (m) | $359.43M | $3.91M | $86.23M | (m) | (m) | 1.09% | (m) | (m) |
| 2013-12-31 | (m) | $346.30M | $1.97M | $83.88M | (m) | (m) | 0.57% | (m) | (m) |
| 2013-09-30 | (m) | $377.33M | $2.27M | $119.10M | (m) | (m) | 0.60% | (m) | (m) |
| 2013-06-30 | (m) | $391.92M | $2.19M | $135.95M | (m) | (m) | 0.56% | (m) | (m) |
| 2013-03-31 | (m) | $402.33M | $1.00M | $147.68M | (m) | (m) | 0.25% | (m) | (m) |
| 2012-12-31 | (m) | $404.83M | $878.00K | $153.44M | (m) | (m) | 0.22% | (m) | (m) |
| 2012-09-30 | (m) | $362.91M | $358.00K | $121.52M | (m) | (m) | 0.10% | (m) | (m) |
| 2012-06-30 | (m) | $336.55M | $222.00K | $98.68M | (m) | (m) | 0.07% | (m) | (m) |
| 2012-03-31 | (m) | $318.06M | $116.00K | $84.66M | (m) | (m) | 0.04% | (m) | (m) |
| 2011-12-31 | (m) | $307.13M | $136.00K | $75.35M | (m) | (m) | 0.04% | (m) | (m) |
| 2011-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-12-31 | (m) | $346.06M | $332.00K | $106.96M | (m) | (m) | 0.10% | (m) | (m) |
| 2010-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-12-31 | (m) | $270.37M | $1.39M | $43.08M | (m) | (m) | 0.51% | (m) | (m) |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.