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Side-by-side financial comparison of GRAY MEDIA, INC (GTN) and Versant Media Group, Inc. (VSNT). Click either name above to swap in a different company.

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.

Versant Media Group, Inc., doing business as Versant, is an American multinational mass media company. Formed on January 2, 2026, as a spin-off of Comcast, Versant is headquartered at 229 West 43rd Street in Midtown Manhattan in New York City, while technical operations and master control for its networks are housed at CNBC's world headquarters in Englewood Cliffs, New Jersey.

8-Quarter Revenue & Profit Trend

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

Revenue
GTN
GTN
VS
VSNT
Q4 25
$792.0M
Q3 25
$749.0M
Q2 25
$772.0M
Q1 25
$782.0M
Q4 24
$1.0B
Q3 24
$950.0M
Q2 24
$826.0M
Q1 24
$823.0M
Net Profit
GTN
GTN
VS
VSNT
Q4 25
$-10.0M
Q3 25
$-10.0M
Q2 25
$-56.0M
Q1 25
$-9.0M
Q4 24
$169.0M
Q3 24
$96.0M
Q2 24
$22.0M
Q1 24
$88.0M
Operating Margin
GTN
GTN
VS
VSNT
Q4 25
14.6%
Q3 25
13.6%
Q2 25
10.6%
Q1 25
11.8%
Q4 24
31.1%
Q3 24
26.3%
Q2 24
18.4%
Q1 24
15.1%
Net Margin
GTN
GTN
VS
VSNT
Q4 25
-1.3%
Q3 25
-1.3%
Q2 25
-7.3%
Q1 25
-1.2%
Q4 24
16.2%
Q3 24
10.1%
Q2 24
2.7%
Q1 24
10.7%
EPS (diluted)
GTN
GTN
VS
VSNT
Q4 25
$-0.23
Q3 25
$-0.24
Q2 25
$-0.71
Q1 25
$-0.23
Q4 24
$1.62
Q3 24
$0.86
Q2 24
$0.09
Q1 24
$0.79

Financial Flow Comparison

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

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