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Gray Media Q3 Revenue Rises 30% to $972 Million as Political Ads Grow

Political advertising revenue was $198 million, up from $8 million a year earlier, while core advertising revenue rose 1% to $358 million.

A television screen displays a softly blurred campaign advertisement / TokenPost.ai
A television screen displays a softly blurred campaign advertisement / TokenPost.ai

Gray Media (NYSE: GTN) recorded a 30% year-over-year increase in third-quarter 2026 revenue to $972 million, with political advertising at $198 million and core advertising up 1% for the period.

Political advertising revenue was $198 million, compared with $8 million in the third quarter of 2025. Core advertising revenue totaled $358 million, a 1% increase from a year earlier.

The quarter ended Sept. 30, and the company announced its results Friday, Nov. 6.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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