Revenue
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $374.4M | $449.7M | $477.7M | $484.6M | $440.3M | $376.3M | $436.9M | $439.1M | $440.0M | $456.2M | $450.9M | $441.4M | $448.7M | $424.6M | $364.3M | $279.3M | $271.9M |
| Gross profit | $248.9M | $314.3M | $340.7M | $362.0M | — | — | — | $313.7M | $309.6M | $322.2M | $316.5M | $299.7M | $310.7M | $288.6M | $249.2M | $204.6M | $196.4M |
| Gross margin | 66.49% | 69.90% | 71.32% | 74.69% | — | — | — | 71.45% | 70.36% | 70.63% | 70.19% | 67.90% | 69.24% | 67.97% | 68.40% | 73.27% | 72.25% |
| Operating expenses | $544.5M | $525.3M | $509.3M | $393.5M | $323.8M | $344.7M | $349.8M | $365.5M | $387.3M | $368.1M | $414.7M | $364.2M | $375.7M | $353.4M | $338.9M | $264.1M | $277.9M |
| Operating income | −$170.1M | −$75.6M | −$31.6M | $91.1M | $116.4M | $31.6M | $87.1M | $73.6M | $52.7M | $88.1M | $36.2M | $77.2M | $73.0M | $71.2M | $25.4M | $15.2M | −$6.1M |
| Operating margin | −45.44% | −16.81% | −6.61% | 18.80% | 26.45% | 8.40% | 19.93% | 16.77% | 11.98% | 19.32% | 8.02% | 17.48% | 16.26% | 16.77% | 6.96% | 5.44% | −2.23% |
| EBITDA | −$152.0M | −$67.9M | −$24.5M | $101.1M | $125.7M | $41.3M | $104.1M | $106.8M | $86.7M | $122.4M | $71.5M | $114.0M | $110.8M | $110.0M | $62.5M | $32.6M | $14.9M |
| EBITDA margin | −40.61% | −15.09% | −5.12% | 20.87% | 28.56% | 10.98% | 23.82% | 24.33% | 19.71% | 26.83% | 15.86% | 25.82% | 24.70% | 25.91% | 17.16% | 11.66% | 5.48% |
| Net income | −$146.9M | −$105.4M | $2.0M | $34.3M | $36.8M | −$8.1M | $925,000 | $137.4M | $111.9M | −$423,000 | −$74.0M | −$62.7M | −$62.0M | −$66.9M | $2.9M | −$28.6M | −$52.9M |
| Net profit margin | −39.23% | −23.44% | 0.43% | 7.09% | 8.36% | −2.16% | 0.21% | 31.30% | 25.43% | −0.09% | −16.42% | −14.20% | −13.81% | −15.75% | 0.79% | −10.25% | −19.45% |
| Basic EPSper basic share | -$32.94 | -$22.23 | $0.40 | $7.00 | $7.30 | -$1.80 | — | — | $23.70 | -$0.10 | -$15.40 | -$13.20 | -$12.80 | -$13.40 | $0.60 | -$5.60 | -$8.90 |
| Diluted EPSper diluted share | -$32.94 | -$22.23 | $0.40 | $6.60 | $6.80 | -$1.80 | — | $29.40 | $22.50 | -$0.10 | — | — | -$12.80 | -$13.40 | $0.60 | -$5.60 | -$8.90 |
Reported shareholders
| Holder | % owned |
|---|---|
BANK OF AMERICA CORP /DE/ | 4.28%26.3K shares |
BARCLAYS PLC | 4.07%25K shares |
Concurrent Investment Advisors, LLC | 2.53%15.56K shares |
ZAZOVE ASSOCIATES LLC | 2.47%15.2K shares |
VANGUARD FIDUCIARY TRUST CO | 0.55%3.41K shares |
BlackRock, Inc. | 0.42%2.57K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 0.38%2.31K shares |
Tower Research Capital LLC (TRC) | 0.22%1.38K shares |
MORGAN STANLEY | 0.03%212 shares |
FMR LLC | 0.01%90 shares |
UBS Group AG | 0.01%88 shares |
JPMORGAN CHASE & CO | <0.01%25 shares |
BNP PARIBAS FINANCIAL MARKETS | <0.01%21 shares |
GROUP ONE TRADING LLC | <0.01%13 shares |
ROYAL BANK OF CANADA | <0.01%1 shares |
Farther Finance Advisors, LLC | <0.01%1 shares |
Percentages use 615K shares of this listed class outstanding on Jun 30, 2026.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Aug 27, 2025Form 4 | MCNEILL BRIAN WDirector | SellClass D Common Stock | 220.9K | $0.82 | $181.1K | 234.2K |
| Jan 13, 2025Form 4 | KANTOR DAVID MCEO, Radio Division | SellClass D Common Stock | 70.3K | $0.98 | $68.9K | 8.1K |
| Dec 13, 2024Form 4 | Wishart KarenCAO/EVP | SellClass D Common Stock | 50.0K | $1.01 | $50.5K | 41.3K |
| Dec 11, 2024Form 4 | Simpson KristopherSVP & General Counsel | SellClass D Common Stock | 9.2K | $1.07 | $9.9K | 0 |
| Sep 23, 2024Form 4 | Thompson PeterCFO/EVP | SellClass D Common Stock | 200.0K | $1.23 | $246.0K | 320.6K |