TGNA · As filed with the SEC
Tegna income statement, by fiscal year
The statement as Tegna presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF INCOME · USD thousands
| USD thousands | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Revenues | 2,711,998,000 | 3,101,971,000 | 2,910,930,000 | 3,279,245,000 | 2,991,093,000 | 2,937,780,000 |
| Operating expenses: | ||||||
| Cost of revenues | 1,730,843,000 | 1,756,115,000 | 1,718,857,000 | 1,693,221,000 | 1,598,759,000 | 1,503,287,000 |
| Business units - Selling, general and administrative expenses | 379,721,000 | 394,589,000 | 412,000,000 | 414,530,000 | 396,446,000 | 365,601,000 |
| Corporate - General and administrative expenses | 61,472,000 | 51,851,000 | 65,933,000 | 60,108,000 | 68,127,000 | 73,295,000 |
| Depreciation | 61,646,000 | 59,935,000 | 59,769,000 | 61,195,000 | 64,841,000 | 66,880,000 |
| Amortization of intangible assets | 35,347,000 | 53,600,000 | 53,467,000 | 59,882,000 | 63,011,000 | 67,690,000 |
| Spectrum repacking reimbursements and other, net (see Note 10) | — | — | — | (323) | (2,307) | (9,955) |
| Asset impairment and other (see Note 10) | 0 | 1,097,000 | 3,359,000 | — | (2,307,000) | — |
| Merger termination fee | 0 | 0 | (136,000,000) | — | 0 | — |
| Total | 2,269,029,000 | 2,317,187,000 | 2,177,385,000 | 2,288,613,000 | 2,188,877,000 | 2,066,798,000 |
| Operating income | 442,969,000 | 784,784,000 | 733,545,000 | 990,632,000 | 802,216,000 | 870,982,000 |
| Non-operating (expense) income: | ||||||
| Equity loss in unconsolidated investments, net | — | — | (877) | (4,473) | (9,713) | 10,397 |
| Interest expense | — | — | (172,904) | (174,022) | (185,650) | (210,294) |
| Interest expense | (158,388,000) | (169,238,000) | — | — | — | — |
| Interest income | 25,453,000 | 26,991,000 | 29,292,000 | — | 2,000 | — |
| Other non-operating items, net | (21,237,000) | 130,450,000 | 17,490,000 | 21,431,000 | 6,823,000 | (34,029,000) |
| Total | (154,172,000) | (11,797,000) | (126,999,000) | (157,064,000) | (188,538,000) | (233,926,000) |
| Income before income taxes | 288,797,000 | 772,987,000 | 606,546,000 | 833,568,000 | 613,678,000 | 637,056,000 |
| Provision for income taxes | 69,325,000 | 173,944,000 | 130,199,000 | 202,370,000 | 135,481,000 | 154,293,000 |
| Net Income | 219,472,000 | 599,043,000 | 476,347,000 | 631,198,000 | 478,197,000 | 482,763,000 |
| Net loss attributable to redeemable noncontrolling interest | 384,000 | 775,000 | 377,000 | (729,000) | (1,242,000) | 15,000 |
| Net income attributable to TEGNA Inc. | 219,856,000 | 599,818,000 | 476,724,000 | 630,469,000 | 476,955,000 | 482,778,000 |
| Earnings per share - basic (in dollars per share) | 1.36 | 3.55 | 2.29 | 2.82 | 2.15 | 2.2 |
| Earnings per share - diluted (in dollars per share) | 1.34 | 3.53 | 2.28 | 2.81 | 2.14 | 2.19 |
| Weighted average number of common shares outstanding: | ||||||
| Basic (in shares) | 161,416,000 | 168,434,000 | 207,594,000 | 223,652,000 | 221,504,000 | 219,232,000 |
| Diluted (in shares) | 162,820,000 | 169,165,000 | 207,947,000 | 224,486,000 | 222,471,000 | 219,733,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.