TGNA (TEGNA Inc.) Stock Financials & Earnings | Market Cap Arena

TGNA (TEGNA Inc.) Stock Financials & Earnings | Market Cap Arena

TGNATEGNA Inc.

Mkt Cap$3B

Communication Services·Broadcasting·🇺🇸 United States·NYSE

Revenue (TTM)$2.7B

Net Income (TTM)$219M

EPS (TTM)$1.35

Free Cash Flow (TTM)$283M

Gross Margin36.2%

Op. Margin16.3%

Net Margin8.1%

FCF Margin10.4%

P/S Ratio (TTM)1.2x

P/E Ratio (TTM)15.4x

YoY Rev Growth-12.6%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$740M	$313M	$174M
Q2 23	$732M	$301M	$282M
Q3 23	$713M	$275M	$135M
Q4 23	$726M	$303M	$144M
Q1 24	$714M	$284M	$138M
Q2 24	$710M	$249M	$142M
Q3 24	$807M	$369M	$230M
Q4 24	$871M	$415M	$275M
Q1 25	$680M	$239M	$109M
Q2 25	$675M	$252M	$122M
Q3 25	$651M	$229M	$92M
Q4 25	$706M	$261M	$119M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	1.0x	5.6x
Q2 23	1.1x	5.1x
Q3 23	1.1x	5.5x
Q4 23	1.2x	7.1x
Q1 24	1.2x	6.0x
Q2 24	1.2x	7.6x
Q3 24	1.1x	6.8x
Q4 24	1.1x	5.6x
Q1 25	1.1x	7.2x
Q2 25	1.1x	7.4x
Q3 25	1.2x	9.8x
Q4 25	1.2x	15.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$170M	$168M
Q2 23	$137M	$125M
Q3 23	$101M	$87M
Q4 23	$178M	$153M
Q1 24	$100M	$95M
Q2 24	$125M	$109M
Q3 24	$210M	$195M
Q4 24	$250M	$234M
Q1 25	$60M	$55M
Q2 25	$100M	$93M
Q3 25	$59M	$48M
Q4 25	$107M	$87M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$3M
Q2 23	$12M
Q3 23	$15M
Q4 23	$25M
Q1 24	$5M
Q2 24	$16M
Q3 24	$15M
Q4 24	$16M
Q1 25	$5M
Q2 25	$7M
Q3 25	$11M
Q4 25	$21M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-4.4%	+0.3%
Q2 23	-6.8%	-20.2%
Q3 23	-11.2%	+1.4%
Q4 23	-20.9%	-1.2%
Q1 24	-3.5%	+1.8%
Q2 24	-2.9%	+26.4%
Q3 24	+13.1%	-0.3%
Q4 24	+19.9%	+2.2%
Q1 25	-4.8%	-1.0%
Q2 25	-5.0%	-2.8%
Q3 25	-19.3%	-3.2%
Q4 25	-18.9%	-1.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$4M	0.5%
Q2 23	$5M	0.7%
Q3 23	$7M	0.9%
Q4 23	$9M	1.3%
Q1 24	$11M	1.6%
Q2 24	$9M	1.3%
Q3 24	$11M	1.3%
Q4 24	$8M	0.9%
Q1 25	$7M	1.0%
Q2 25	$6M	0.9%
Q3 25	$7M	1.1%
Q4 25	$6M	0.8%

OpEx Breakdown

Quarter	G&A	S&M
Q1 23	$111M	—
Q2 23	$124M	—
Q3 23	$112M	—
Q4 23	$131M	—
Q1 24	$117M	—
Q2 24	$11M	$97M
Q3 24	$110M	—
Q4 24	$112M	—
Q1 25	$106M	—
Q2 25	$105M	—
Q3 25	$113M	—
Q4 25	$56M	—

Revenue Segments

Quarter	Operating Segments
Q3 25	$651M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$683M	$0	$683M
Q2 23	$489M	$0	$489M
Q3 23	$553M	$0	$553M
Q4 23	$361M	$0	$361M
Q1 24	$431M	$0	$431M
Q2 24	$446M	$0	$446M
Q3 24	$536M	$0	$536M
Q4 24	$693M	$0	$693M
Q1 25	$717M	$0	$717M
Q2 25	$757M	$0	$757M
Q3 25	$233M	$0	$233M
Q4 25	$0	$0	$0

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	225M	-0.2%
Q2 23	218M	-3.1%
Q3 23	201M	-7.7%
Q4 23	188M	-6.5%
Q1 24	178M	-5.2%
Q2 24	170M	-4.8%
Q3 24	166M	-2.4%
Q4 24	163M	-1.8%
Q1 25	162M	-0.5%
Q2 25	162M	+0.2%
Q3 25	163M	+0.5%
Q4 25	163M	-0.1%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$192K	31K
FY 15	$305K	10K
FY 16	$331K	10K
FY 17	$360K	5K
FY 18	$414K	5K
FY 19	$334K	7K
FY 20	$457K	6K
FY 21	$482K	6K
FY 22	$521K	6K
FY 23	$470K	6K
FY 24	$526K	6K
FY 25	$62M	44