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Side-by-side financial comparison of GRAY MEDIA, INC (GTN) and SoFi Technologies, Inc. (SOFI). Click either name above to swap in a different company.

SoFi Technologies, Inc. is the larger business by last-quarter revenue ($1.0B vs $792.0M, roughly 1.3× GRAY MEDIA, INC). SoFi Technologies, Inc. runs the higher net margin — 16.9% vs -1.3%, a 18.2% gap on every dollar of revenue. On growth, SoFi Technologies, Inc. posted the faster year-over-year revenue change (39.6% vs -24.2%). GRAY MEDIA, INC produced more free cash flow last quarter ($69.0M vs $-4.0B). Over the past eight quarters, SoFi Technologies, Inc.'s revenue compounded faster (26.1% CAGR vs -1.9%).

Gray Media, Inc. is an American publicly traded television broadcasting company based in Atlanta. Founded in 1946 by James Harrison Gray as Gray Communications Systems, the company is the third-largest television station operator in the United States by number of stations, owning or operating 180 stations across the United States in 113 markets. Its station base consists of media markets ranging from as large as Atlanta to one of the smallest markets, North Platte, Nebraska.

SoFi Technologies, Inc. is an American financial technology company. Founded in 2011 by Stanford University students, it operates as a nationally chartered online bank and is a technology provider to other financial institutions. SoFi is the largest U.S. based online lender, and has 13.7 million customers as of 2025.

GTN vs SOFI — Head-to-Head

Bigger by revenue
SOFI
SOFI
1.3× larger
SOFI
$1.0B
$792.0M
GTN
Growing faster (revenue YoY)
SOFI
SOFI
+63.8% gap
SOFI
39.6%
-24.2%
GTN
Higher net margin
SOFI
SOFI
18.2% more per $
SOFI
16.9%
-1.3%
GTN
More free cash flow
GTN
GTN
$4.1B more FCF
GTN
$69.0M
$-4.0B
SOFI
Faster 2-yr revenue CAGR
SOFI
SOFI
Annualised
SOFI
26.1%
-1.9%
GTN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GTN
GTN
SOFI
SOFI
Revenue
$792.0M
$1.0B
Net Profit
$-10.0M
$173.5M
Gross Margin
84.2%
Operating Margin
14.6%
18.1%
Net Margin
-1.3%
16.9%
Revenue YoY
-24.2%
39.6%
Net Profit YoY
-105.9%
-47.8%
EPS (diluted)
$-0.23
$0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GTN
GTN
SOFI
SOFI
Q4 25
$792.0M
$1.0B
Q3 25
$749.0M
$961.6M
Q2 25
$772.0M
$854.9M
Q1 25
$782.0M
$771.8M
Q4 24
$1.0B
$734.1M
Q3 24
$950.0M
$697.1M
Q2 24
$826.0M
$598.6M
Q1 24
$823.0M
$645.0M
Net Profit
GTN
GTN
SOFI
SOFI
Q4 25
$-10.0M
$173.5M
Q3 25
$-10.0M
$139.4M
Q2 25
$-56.0M
$97.3M
Q1 25
$-9.0M
$71.1M
Q4 24
$169.0M
$332.5M
Q3 24
$96.0M
$60.7M
Q2 24
$22.0M
$17.4M
Q1 24
$88.0M
$88.0M
Gross Margin
GTN
GTN
SOFI
SOFI
Q4 25
84.2%
Q3 25
83.2%
Q2 25
82.4%
Q1 25
82.4%
Q4 24
82.5%
Q3 24
82.3%
Q2 24
81.7%
Q1 24
84.5%
Operating Margin
GTN
GTN
SOFI
SOFI
Q4 25
14.6%
18.1%
Q3 25
13.6%
15.4%
Q2 25
10.6%
13.1%
Q1 25
11.8%
10.3%
Q4 24
31.1%
8.2%
Q3 24
26.3%
9.2%
Q2 24
18.4%
2.6%
Q1 24
15.1%
14.6%
Net Margin
GTN
GTN
SOFI
SOFI
Q4 25
-1.3%
16.9%
Q3 25
-1.3%
14.5%
Q2 25
-7.3%
11.4%
Q1 25
-1.2%
9.2%
Q4 24
16.2%
45.3%
Q3 24
10.1%
8.7%
Q2 24
2.7%
2.9%
Q1 24
10.7%
13.7%
EPS (diluted)
GTN
GTN
SOFI
SOFI
Q4 25
$-0.23
$0.14
Q3 25
$-0.24
$0.11
Q2 25
$-0.71
$0.08
Q1 25
$-0.23
$0.06
Q4 24
$1.62
$0.31
Q3 24
$0.86
$0.05
Q2 24
$0.09
$0.01
Q1 24
$0.79
$0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GTN
GTN
SOFI
SOFI
Cash + ST InvestmentsLiquidity on hand
$368.0M
$4.9B
Total DebtLower is stronger
$5.7B
Stockholders' EquityBook value
$2.2B
$10.5B
Total Assets
$10.4B
$50.7B
Debt / EquityLower = less leverage
2.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GTN
GTN
SOFI
SOFI
Q4 25
$368.0M
$4.9B
Q3 25
$182.0M
$3.2B
Q2 25
$199.0M
$2.1B
Q1 25
$210.0M
$2.1B
Q4 24
$135.0M
$2.5B
Q3 24
$69.0M
$2.4B
Q2 24
$75.0M
$2.3B
Q1 24
$134.0M
$3.7B
Total Debt
GTN
GTN
SOFI
SOFI
Q4 25
$5.7B
Q3 25
$5.6B
Q2 25
$5.6B
Q1 25
$5.6B
Q4 24
$5.5B
Q3 24
$5.9B
Q2 24
$6.1B
Q1 24
$6.2B
Stockholders' Equity
GTN
GTN
SOFI
SOFI
Q4 25
$2.2B
$10.5B
Q3 25
$2.2B
$8.8B
Q2 25
$2.2B
$6.9B
Q1 25
$2.3B
$6.7B
Q4 24
$2.3B
$6.5B
Q3 24
$2.1B
$6.1B
Q2 24
$2.1B
$5.9B
Q1 24
$2.0B
$5.8B
Total Assets
GTN
GTN
SOFI
SOFI
Q4 25
$10.4B
$50.7B
Q3 25
$10.3B
$45.3B
Q2 25
$10.4B
$41.1B
Q1 25
$10.4B
$37.7B
Q4 24
$10.5B
$36.3B
Q3 24
$10.6B
$34.4B
Q2 24
$10.6B
$32.6B
Q1 24
$10.7B
$31.3B
Debt / Equity
GTN
GTN
SOFI
SOFI
Q4 25
2.65×
Q3 25
2.59×
Q2 25
2.57×
Q1 25
2.48×
Q4 24
2.41×
Q3 24
2.77×
Q2 24
2.97×
Q1 24
3.02×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GTN
GTN
SOFI
SOFI
Operating Cash FlowLast quarter
$112.0M
$-3.7B
Free Cash FlowOCF − Capex
$69.0M
$-4.0B
FCF MarginFCF / Revenue
8.7%
-388.8%
Capex IntensityCapex / Revenue
5.4%
23.7%
Cash ConversionOCF / Net Profit
-21.56×
TTM Free Cash FlowTrailing 4 quarters
$181.0M
$-6.9B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GTN
GTN
SOFI
SOFI
Q4 25
$112.0M
$-3.7B
Q3 25
$14.0M
$-1.3B
Q2 25
$31.0M
$-1.5B
Q1 25
$132.0M
$21.5M
Q4 24
$368.0M
$-1.1B
Q3 24
$297.0M
$-1.2B
Q2 24
$18.0M
$-484.4M
Q1 24
$68.0M
$738.2M
Free Cash Flow
GTN
GTN
SOFI
SOFI
Q4 25
$69.0M
$-4.0B
Q3 25
$-11.0M
$-1.4B
Q2 25
$6.0M
$-1.5B
Q1 25
$117.0M
$-31.1M
Q4 24
$328.0M
$-1.3B
Q3 24
$257.0M
$-1.2B
Q2 24
$-11.0M
$-521.1M
Q1 24
$34.0M
$706.3M
FCF Margin
GTN
GTN
SOFI
SOFI
Q4 25
8.7%
-388.8%
Q3 25
-1.5%
-142.0%
Q2 25
0.8%
-179.0%
Q1 25
15.0%
-4.0%
Q4 24
31.4%
-173.5%
Q3 24
27.1%
-174.6%
Q2 24
-1.3%
-87.0%
Q1 24
4.1%
109.5%
Capex Intensity
GTN
GTN
SOFI
SOFI
Q4 25
5.4%
23.7%
Q3 25
3.3%
6.2%
Q2 25
3.2%
7.4%
Q1 25
1.9%
6.8%
Q4 24
3.8%
21.0%
Q3 24
4.2%
6.2%
Q2 24
3.5%
6.1%
Q1 24
4.1%
5.0%
Cash Conversion
GTN
GTN
SOFI
SOFI
Q4 25
-21.56×
Q3 25
-9.37×
Q2 25
-15.08×
Q1 25
0.30×
Q4 24
2.18×
-3.37×
Q3 24
3.09×
-19.32×
Q2 24
0.82×
-27.83×
Q1 24
0.77×
8.39×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GTN
GTN

Core Advertising$392.0M49%
Retransmission Consent$335.0M42%
Production Companies Segment$37.0M5%
Service Other$16.0M2%
Political Advertising$12.0M2%

SOFI
SOFI

Segment breakdown not available.

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