Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Gannett .
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 30, 2018 | December 31, 2017 | December 25, 2016 | December 27, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.51B | $2.66B | $2.95B | $3.21B | $3.41B | $1.87B | $1.53B | $1.34B | $1.26B | $1.20B |
| Cost of Revenue | $- | $1.69B | $1.86B | $1.90B | $2.03B | $1.08B | $865.23M | $742.82M | $699.31M | $656.55M |
| Gross Profit | $2.51B | $971.52M | $1.08B | $1.31B | $1.37B | $788.32M | $660.79M | $599.18M | $556.04M | $539.26M |
| Gross Profit Ratio | 100.00% | 36.47% | 36.84% | 40.73% | 40.27% | 42.20% | 43.30% | 44.65% | 44.29% | 45.10% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $-651.77M | $-643.65M | $-749.10M | $- | $-345.73M | $503.75M | $-235.66M | $415.78M | $406.28M |
| Selling and Marketing Expenses | $- | $1.39B | $1.50B | $1.65B | $- | $952.64M | $728.33M | $683.99M | $684.90M | $696.70M |
| Selling General and Administrative Expenses | $726.03M | $735.34M | $852.49M | $902.06M | $999.79M | $606.92M | $505.28M | $448.33M | $414.98M | $406.28M |
| Other Expenses | $1.83B | $149.91M | $183.91M | $224.91M | $263.82M | $111.88M | $838.00K | $196.00K | $-2.41M | $-350.00K |
| Operating Expenses | $2.55B | $885.25M | $1.04B | $1.13B | $1.26B | $718.80M | $590.07M | $522.73M | $482.76M | $474.03M |
| Cost and Expenses | $2.55B | $2.58B | $2.90B | $3.03B | $3.30B | $1.80B | $1.46B | $1.27B | $1.18B | $1.13B |
| Interest Income | $- | $- | $108.37M | $135.75M | $228.51M | $63.66M | $- | $- | $- | $- |
| Interest Expense | $104.70M | $111.78M | $108.37M | $135.75M | $228.51M | $63.66M | $36.07M | $30.48M | $29.64M | $29.34M |
| Depreciation and Amortization | $156.29M | $155.92M | $169.52M | $188.66M | $214.22M | $111.88M | $84.79M | $74.39M | $67.77M | $67.75M |
| EBITDA | $183.31M | $261.53M | $289.52M | $478.86M | $-263.12M | $-31.64M | $140.88M | $104.44M | $126.73M | $132.98M |
| EBITDA Ratio | 7.31% | 9.82% | 9.83% | 14.93% | -7.73% | -1.69% | 9.23% | 7.78% | 10.10% | 11.12% |
| Operating Income | $-42.84M | $86.27M | $113.21M | $293.60M | $188.44M | $79.03M | $58.14M | $34.61M | $61.37M | $103.42M |
| Operating Income Ratio | -1.71% | 3.24% | 3.84% | 9.15% | 5.53% | 4.23% | 3.81% | 2.58% | 4.89% | 8.65% |
| Total Other Income Expenses Net | $-34.84M | $-92.44M | $-43.31M | $-197.00M | $-257.96M | $-60.21M | $-38.12M | $-34.27M | $-31.26M | $-32.41M |
| Income Before Tax | $-77.67M | $-6.17M | $-76.91M | $-87.92M | $-705.85M | $-207.18M | $20.02M | $-434.00K | $29.32M | $71.02M |
| Income Before Tax Ratio | -3.10% | -0.23% | -2.61% | -2.74% | -20.73% | -11.09% | 1.31% | -0.03% | 2.34% | 5.94% |
| Income Tax Expense | $-51.29M | $21.73M | $1.35M | $48.25M | $-33.45M | $-85.99M | $1.91M | $481.00K | $-2.32M | $3.40M |
| Net Income | $-16.98M | $-27.79M | $-78.25M | $-136.17M | $-672.40M | $-121.19M | $18.20M | $-915.00K | $31.64M | $67.61M |
| Net Income Ratio | -0.68% | -1.04% | -2.66% | -4.24% | -19.74% | -6.49% | 1.19% | -0.07% | 2.52% | 5.65% |
| EPS | $-0.12 | $-0.20 | $-0.57 | $-1.01 | $-5.10 | $-1.79 | $0.31 | $-0.02 | $0.70 | $1.54 |
| EPS Diluted | $-0.12 | $-0.20 | $-0.57 | $-1.01 | $-5.10 | $-1.79 | $0.31 | $-0.02 | $0.70 | $1.53 |
| Weighted Average Shares Outstanding | 143.21M | 139.63M | 136.90M | 134.78M | 131.74M | 67.67M | 58.01M | 53.01M | 45.23M | 44.04M |
| Weighted Average Shares Outstanding Diluted | 143.21M | 139.63M | 136.90M | 134.78M | 131.74M | 67.67M | 58.40M | 53.01M | 45.32M | 44.21M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 30, 2018 | December 31, 2017 | December 25, 2016 | December 27, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $106.30M | $100.18M | $94.25M | $130.76M | $170.72M | $156.04M | $48.65M | $43.06M | $172.25M | $146.64M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $36.34M | $- | $29.91M | $22.36M |
| Cash and Short Term Investments | $106.30M | $100.18M | $94.25M | $130.76M | $170.72M | $156.04M | $48.65M | $43.06M | $172.25M | $146.64M |
| Net Receivables | $239.64M | $266.10M | $289.42M | $328.73M | $314.31M | $438.52M | $174.27M | $151.69M | $138.12M | $136.25M |
| Inventory | $20.91M | $26.79M | $45.22M | $37.66M | $35.08M | $55.09M | $25.02M | $18.65M | $18.17M | $15.74M |
| Other Current Assets | $59.05M | $51.17M | $78.88M | $80.11M | $116.58M | $129.46M | $49.66M | $49.80M | $41.82M | $33.28M |
| Total Current Assets | $425.89M | $444.24M | $507.78M | $577.26M | $636.69M | $779.12M | $297.61M | $263.20M | $370.35M | $331.91M |
| Property Plant Equipment Net | $384.94M | $460.82M | $539.32M | $687.32M | $879.78M | $1.12B | $339.61M | $373.12M | $381.32M | $384.82M |
| Goodwill | $530.03M | $533.88M | $533.17M | $533.71M | $534.09M | $914.33M | $310.74M | $236.56M | $227.95M | $171.12M |
| Intangible Assets | $430.37M | $524.35M | $613.36M | $713.15M | $824.65M | $1.01B | $486.05M | $403.49M | $351.48M | $303.57M |
| Goodwill and Intangible Assets | $960.40M | $1.06B | $1.15B | $1.25B | $1.36B | $1.93B | $796.79M | $640.05M | $579.43M | $474.69M |
| Long Term Investments | $- | $- | $9.99M | $8.26M | $24.64M | $21.82M | $-8.28M | $-8.08M | $-7.79M | $-845.00K |
| Tax Assets | $60.98M | $37.12M | $56.62M | $32.40M | $90.24M | $76.30M | $8.28M | $8.08M | $7.79M | $3.99M |
| Other Non-Current Assets | $207.93M | $180.84M | $133.33M | $275.97M | $118.83M | $91.05M | $9.86M | $7.18M | $4.93M | $5.69M |
| Total Non-Current Assets | $1.61B | $1.74B | $1.89B | $2.25B | $2.47B | $3.24B | $1.15B | $1.02B | $965.68M | $868.35M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $2.04B | $2.18B | $2.39B | $2.83B | $3.11B | $4.02B | $1.44B | $1.28B | $1.34B | $1.20B |
| Account Payables | $154.16M | $142.22M | $189.09M | $157.26M | $131.80M | $147.00M | $16.61M | $15.75M | $20.13M | $9.57M |
| Short Term Debt | $114.06M | $109.52M | $105.32M | $69.46M | $128.44M | $3.30M | $12.39M | $2.72M | $14.39M | $3.51M |
| Tax Payables | $9.13M | $9.99M | $11.94M | $26.04M | $30.83M | $18.07M | $6.33M | $4.63M | $3.50M | $5.50M |
| Deferred Revenue | $108.00M | $120.50M | $153.65M | $184.84M | $186.01M | $218.82M | $105.19M | $88.16M | $77.99M | $62.29M |
| Other Current Liabilities | $160.24M | $151.29M | $157.03M | $224.93M | $264.22M | $331.26M | $107.32M | $92.40M | $79.86M | $94.67M |
| Total Current Liabilities | $545.60M | $533.51M | $617.04M | $662.53M | $741.30M | $718.45M | $247.84M | $203.66M | $195.87M | $175.55M |
| Long Term Debt | $1.17B | $1.18B | $1.32B | $1.42B | $1.75B | $1.94B | $428.18M | $357.19M | $338.86M | $350.27M |
| Deferred Revenue Non-Current | $- | $1 | $- | $71.94M | $98.61M | $237.76M | $25.87M | $25.46M | $25.95M | $11.05M |
| Deferred Tax Liabilities Non-Current | $4.93M | $2.03M | $1.44M | $28.81M | $6.86M | $9.05M | $8.28M | $8.08M | $7.79M | $3.99M |
| Other Non-Current Liabilities | $163.74M | $143.65M | $159.27M | $189.35M | $251.61M | $372.09M | $40.79M | $40.22M | $38.54M | $20.25M |
| Total Non-Current Liabilities | $1.34B | $1.33B | $1.48B | $1.64B | $2.00B | $2.32B | $478.80M | $405.50M | $385.19M | $377.64M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $1.89B | $1.86B | $2.10B | $2.30B | $2.74B | $3.04B | $726.64M | $609.15M | $581.06M | $553.19M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $1.59M | $1.59M | $1.53M | $1.45M | $1.40M | $1.29M | $605.00K | $534.00K | $531.00K | $445.00K |
| Retained Earnings | $-1.05B | $-1.03B | $-999.40M | $-921.40M | $-786.44M | $-115.96M | $3.77M | $-2.77M | $16.29M | $44.75M |
| Accumulated Other Comprehensive Income Loss | $-56.16M | $-65.54M | $-101.23M | $60.00M | $50.17M | $8.20M | $-6.88M | $-5.46M | $-3.98M | $-3.16M |
| Other Total Stockholders Equity | $1.26B | $1.41B | $1.39B | $1.39B | $1.10B | $1.09B | $719.73M | $682.09M | $742.13M | $605.03M |
| Total Stockholders Equity | $153.14M | $317.79M | $295.74M | $532.10M | $364.11M | $981.36M | $717.22M | $674.39M | $754.97M | $647.07M |
| Total Equity | $152.63M | $317.31M | $295.37M | $529.62M | $362.96M | $983.21M | $718.77M | $674.39M | $754.97M | $647.07M |
| Total Liabilities and Stockholders Equity | $2.04B | $2.18B | $2.39B | $2.83B | $3.11B | $4.02B | $1.44B | $1.28B | $1.34B | $1.20B |
| Minority Interest | $-505.00K | $-472.00K | $-369.00K | $-2.48M | $-1.15M | $1.85M | $1.55M | $- | $- | $- |
| Total Liabilities and Total Equity | $2.04B | $2.18B | $2.39B | $2.83B | $3.11B | $4.02B | $1.44B | $1.28B | $1.34B | $1.20B |
| Total Investments | $- | $10.06M | $9.99M | $8.26M | $24.64M | $21.82M | $28.05M | $-8.08M | $22.13M | $21.52M |
| Total Debt | $1.29B | $1.29B | $1.38B | $1.49B | $1.87B | $1.94B | $440.57M | $359.91M | $353.25M | $356.92M |
| Net Debt | $1.18B | $1.19B | $1.29B | $1.36B | $1.70B | $1.78B | $391.92M | $316.86M | $181.00M | $210.28M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 30, 2018 | December 31, 2017 | December 25, 2016 | December 27, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-26.39M | $-27.79M | $-78.25M | $-136.17M | $-672.40M | $-121.19M | $18.11M | $-915.00K | $31.64M | $67.61M |
| Depreciation and Amortization | $156.29M | $155.92M | $182.02M | $203.96M | $263.82M | $111.88M | $84.79M | $74.39M | $67.77M | $67.75M |
| Deferred Income Tax | $-44.76M | $11.51M | $2.55M | $44.97M | $-30.18M | $-87.77M | $202.00K | $294.00K | $-2.86M | $1.17M |
| Stock Based Compensation | $12.52M | $16.57M | $16.75M | $18.44M | $26.35M | $11.32M | $3.16M | $3.13M | $2.44M | $1.32M |
| Change in Working Capital | $16.90M | $-32.26M | $-17.36M | $-74.92M | $43.10M | $66.79M | $2.92M | $-2.01M | $-7.47M | $21.94M |
| Accounts Receivables | $25.84M | $34.13M | $44.94M | $-33.25M | $111.51M | $12.61M | $15.00K | $4.98M | $14.88M | $-4.25M |
| Inventory | $4.62M | $18.51M | $-7.43M | $-2.82M | $19.96M | $5.15M | $-4.34M | $1.07M | $-999.00K | $2.70M |
| Accounts Payables | $- | $-65.09M | $-23.65M | $-27.88M | $-62.30M | $3.96M | $-2.53M | $-4.00M | $6.01M | $-14.67M |
| Other Working Capital | $-13.56M | $-19.81M | $-31.21M | $-10.97M | $-26.08M | $45.08M | $9.78M | $-4.07M | $-27.36M | $38.16M |
| Other Non Cash Items | $-14.26M | $-29.38M | $-64.94M | $71.17M | $427.08M | $44.49M | $379.00K | $35.91M | $6.84M | $-44.47M |
| Net Cash Provided by Operating Activities | $100.31M | $94.57M | $40.78M | $127.45M | $57.77M | $25.54M | $109.56M | $110.81M | $98.36M | $115.32M |
| Investments in Property Plant and Equipment | $-49.53M | $-38.12M | $-45.38M | $-39.56M | $-36.98M | $-13.98M | $-11.64M | $-11.09M | $-10.63M | $-10.15M |
| Acquisitions Net | $- | $- | $-15.43M | $-125.00K | $196.34M | $-796.50M | $-204.88M | $-164.16M | $-137.49M | $-431.13M |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $21.58M | $85.09M | $82.93M | $110.33M | $767.00K | $25.42M | $15.04M | $14.97M | $3.28M | $142.58M |
| Net Cash Used for Investing Activities | $-27.95M | $46.98M | $22.12M | $70.65M | $160.14M | $-785.06M | $-201.48M | $-160.27M | $-144.83M | $-298.70M |
| Debt Repayment | $-55.16M | $-133.82M | $-90.99M | $-257.19M | $-186.26M | $1.11B | $76.58M | $5.56M | $-3.51M | $114.74M |
| Common Stock Issued | $- | $- | $- | $- | $4.00K | $- | $111.10M | $- | $135.85M | $150.87M |
| Common Stock Repurchased | $- | $-2.64M | $-6.55M | $-3.24M | $-2.02M | $-1.00M | $-792.00K | $-5.67M | $-417.00K | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $-91.94M | $-87.19M | $-75.61M | $-59.76M | $-57.36M |
| Other Financing Activities | $-10.55M | $952.00K | $-5.32M | $-739.00K | $-13.06M | $-121.14M | $-1.96M | $-4.01M | $-83.00K | $-1.94M |
| Net Cash Used Provided by Financing Activities | $-68.85M | $-135.51M | $-102.87M | $-261.17M | $-201.34M | $898.91M | $98.53M | $-79.72M | $72.08M | $206.31M |
| Effect of Forex Changes on Cash | $2.06M | $-234.00K | $1.15M | $-35.00K | $1.50M | $-3.49M | $- | $- | $- | $- |
| Net Change in Cash | $5.57M | $5.81M | $-38.81M | $-63.11M | $18.06M | $135.89M | $6.61M | $-129.19M | $25.61M | $22.93M |
| Cash at End of Period | $116.18M | $110.61M | $104.80M | $143.62M | $206.73M | $188.66M | $52.77M | $43.06M | $172.25M | $146.64M |
| Cash at Beginning of Period | $110.61M | $104.80M | $143.62M | $206.73M | $188.66M | $52.77M | $46.16M | $172.25M | $146.64M | $123.71M |
| Operating Cash Flow | $100.31M | $94.57M | $40.78M | $127.45M | $57.77M | $25.54M | $109.56M | $110.81M | $98.36M | $115.32M |
| Capital Expenditure | $-49.53M | $-38.12M | $-45.38M | $-39.56M | $-36.98M | $-13.98M | $-11.64M | $-11.09M | $-10.63M | $-10.15M |
| Free Cash Flow | $50.78M | $56.46M | $-4.60M | $87.89M | $20.80M | $11.56M | $97.92M | $99.72M | $87.73M | $105.16M |