TGNA at a glance
TEGNA INC (TGNA, SEC CIK 39899) filed its latest 10-K annual report on March 2, 2026, a 10-Q quarterly report on November 10, 2025, an 8-K current report on March 20, 2026 and Form 4 insider filings as recently as March 23, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), TEGNA INC (TGNA) reported revenue of $2.7 billion (down 12.6% from FY2024) and net income of $219.9 million. Diluted EPS was $1.34.
- As of December 31, 2025, 32 institutional investment managers tracked by SignalX reported holding TEGNA INC (TGNA) shares worth $1.5 billion in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $2.7B
- −12.6% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 32 funds
- $1.5B · −2 vs prior quarter
- Latest 8-K
- Mar 2, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: Local TV and radio broadcasting with digital streaming, delivering news, sports, and advertising across 51 U.S. markets reaching ~39% of U.S. TV households
- New emphasis: Increased rollout of ATSC 3.0 NextGen TV on 22 stations enabling improved local content, targeted ads, and enhanced viewer experience
- Strategic shift: Merger agreement with Nexstar Media Group announced in August 2025, valued at $22 per share, expected closing in H2 2026
- Quantitative metric: 64 TV stations, 2 radio stations, $2.7 billion revenue in 2025, approximately 5,500 employees as of Dec 31, 2025
- Noteworthy fact: Recorded most National Edward R. Murrow Awards among station groups in 2025 with 6 national and 59 regional awards
Risk Factors
- Regulatory risk FCC broadcast licenses impairment tied to $395.9M licenses with potential $8.4M charge from 10% market revenue decline or 100 bps discount rate hike
- Operational risk goodwill $3.02B (44% assets) vulnerable to macroeconomic and technological shifts affecting fair value and triggering impairment
- Financial risk senior notes $2.54B principal due 2027-2029 with $134.2M interest due next 12 months impacting liquidity and debt servicing
- Macroeconomic risk pension plan discount rate at 5.40% could increase liabilities by $15.1M with 50 bps decline, influencing future expenses
- Tax risk $28.3M deferred tax valuation allowances dependent on future income and uncertain tax authority settlements
Management Discussion & Analysis
- Long-term debt $2.54B all fixed rate as of Dec 31, 2025
- Repayed $550M unsecured notes early in 2025 using cash on hand, paid $3.8M interest and wrote off $0.9M issuance costs
- Unused revolving credit capacity $738.7M under $750M facility expiring Jan 2029
- Leverage ratio 2.78x vs covenant max 4.50x, compliance expected to continue
- Financial performance and cash flow subject to risk factors impacting covenant compliance
AI summary of the TGNA 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Sep 30, 2025
Risk Factors
- Newly added merger risk triggered by August 18, 2025 agreement with Nexstar Media Group, subject to multiple regulatory and shareholder approvals
- Most materially updated risk: delays or failure to complete merger could materially harm business, stock price, and cause substantial costs and litigation
- Legal risk: three stockholder lawsuits filed alleging false/misleading proxy statements, seeking to enjoin or rescind merger and seek damages
- Operational risk: merger-related restrictions and management distractions may hinder business strategy execution, ability to respond competitively, and talent retention
- Market risk: tariffs and retaliatory tariffs potentially reducing advertising demand due to disrupted trade, impacting customers’ advertising spend and economic activity
AI summary of the TGNA 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Q4 and full-year 2025 earnings reported March 2, 2026: full results in Exhibit 99.1
- "Not filed" language means report is informational only, limiting legal liability under Exchange Act Section 18
AI summaries of TGNA 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for TGNA
Don't miss the next TGNA filing
- Alerts as it files. A push when TGNA files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut TGNA, by share count.
- Ask anything. An AI agent that reads every TGNA filing and answers with sources.
TGNA alerts on your phone. Follow it in the SignalX Android app.
Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| McClelland Clifton A. III | D | Mar 19, 2026 | 85,882.517 | $22.00 |
| McClelland Clifton A. III | D | Mar 19, 2026 | 9,530.311 | $22.00 |
| McClelland Clifton A. III | D | Mar 19, 2026 | 44,729 | $22.00 |
| Cox Thomas R. | D | Mar 19, 2026 | 141,881.021 | $22.00 |
| Cox Thomas R. | D | Mar 19, 2026 | 11,354.243 | $22.00 |
| Cox Thomas R. | D | Mar 19, 2026 | 88,563 | $22.00 |
| Cox Thomas R. | D | Mar 19, 2026 | 109,078.7 | $22.00 |
| Cox Thomas R. | D | Mar 19, 2026 | 20,910.121 | $22.00 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $3.1B | $2.7B |
| Operating Income | - | $784.8M | $443.0M |
| Net Income | $476.7M | $599.8M | $219.9M |
| Op. Margin | - | 25.3% | 16.3% |
| Net Margin | - | 19.3% | 8.1% |
| Balance Sheet | |||
| Total Assets | $7.0B | $7.3B | $6.9B |
| Equity | - | $3.0B | $3.2B |
| ROE | - | 20.0% | 7.0% |
| Per Share | |||
| EPS | $2.28 | $3.53 | $1.34 |
| Cash Flow | |||
| Operating CF | - | $685.0M | $326.0M |
| CapEx | $54.7M | $52.4M | $43.4M |
Source: XBRL data in TEGNA INC (TGNA)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q4 2025Aggregate TGNA share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q4 2025 | 32 | $1.50B |
| Q3 2025 | 34 | $1.59B |
| Q2 2025 | 33 | $1.44B |
| Q1 2025 | 29 | $1.14B |
| Q4 2024 | 24 | $1.04B |
| Q3 2024 | 21 | $492.5M |
- Millennium Management+1.61M (+126%)
- BlackRock+386.7K (+2%)
- Goldman Sachs Group+323.0K (+24%)
- FMR LLC (Fidelity)+102.8K (+17%)
- Citadel Advisors LLC+97.9K (+36%)
- JPMorgan Chase & Co−827.9K (-66%)
- Bank of America Corp−646.4K (-50%)
- Soros Fund Management−437.8K (-92%)
- Morgan Stanley−364.8K (-16%)
- BNY Mellon−150.5K (-8%)
- Blackstone Group+64.0K
- Renaissance Technologies LLC−283.6K
- HANCOCK WHITNEY CORP−80.3K
- Franklin Resources−37.4K
Source: 13F-HR filings on SEC EDGAR (aggregated from 173 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
TGNA filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Mar 23, 2026 | - | - | - |
| 4 | Mar 23, 2026 | - | - | - |
| 4 | Mar 23, 2026 | - | - | - |
| 4 | Mar 23, 2026 | - | - | - |
| 4 | Mar 23, 2026 | - | - | - |
| 4 | Mar 23, 2026 | - | - | - |
| 4 | Mar 23, 2026 | - | - | - |
| 4 | Mar 23, 2026 | - | - | - |
| 4 | Mar 23, 2026 | - | - | - |
| 4 | Mar 23, 2026 | - | - | - |
| 4 | Mar 23, 2026 | - | - | - |
| 4 | Mar 23, 2026 | - | - | - |
| 4 | Mar 23, 2026 | - | - | - |
| 4 | Mar 23, 2026 | - | - | - |
| 8-K | Mar 20, 2026 | - | - | - |
| 4 | Mar 12, 2026 | - | - | - |
| 4 | Mar 12, 2026 | - | - | - |
| 4 | Mar 12, 2026 | - | - | - |
| 4 | Mar 12, 2026 | - | - | - |
| 4 | Mar 3, 2026 | - | - | - |
| 4 | Mar 3, 2026 | - | - | - |
| 4 | Mar 3, 2026 | - | - | - |
| 8-K | Mar 2, 2026 | - | Analysis | - |
| 10-K | Mar 2, 2026 | Dec 31, 2025 | Analysis | |
| 4 | Dec 17, 2025 | - | - |
Related Communication Services companies
- SSP · E.W. SCRIPPS CoTelevision Broadcasting Stations
- EVC · ENTRAVISION COMMUNICATIONS CORPTelevision Broadcasting Stations
- FOX · Fox Corporation (Class B)Television Broadcasting Stations
- GTN · GRAY MEDIA, INCTelevision Broadcasting Stations
- FWONK · Liberty Media CorpTelevision Broadcasting Stations
- NMAX · Newsmax Inc.Television Broadcasting Stations
- PSKY · Paramount Skydance CorporationTelevision Broadcasting Stations
- SBGI · Sinclair, Inc.Television Broadcasting Stations
TGNA SEC filings: frequently asked questions
Which institutions hold TGNA stock?
As of December 31, 2025, the largest TEGNA INC (TGNA) holders among the 13F filers tracked by SignalX were BlackRock ($507.3 million), Vanguard Group Inc ($359.6 million), Dimensional Fund Advisors ($194.9 million), State Street Corp ($124.6 million), Millennium Management ($56.1 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was TGNA's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), TEGNA INC (TGNA) reported revenue of $2.7 billion (down 12.6% from FY2024) and net income of $219.9 million. Diluted EPS was $1.34. The figures come from the XBRL data in the 10-K.
What are the main risks in TGNA's latest 10-K?
In the 10-K filed March 2, 2026, TEGNA INC (TGNA) flagged: Regulatory risk FCC broadcast licenses impairment tied to $395.9M licenses with potential $8.4M charge from 10% market revenue decline or 100 bps discount rate hike. Operational risk goodwill $3.02B (44% assets) vulnerable to macroeconomic and technological shifts affecting fair value and triggering impairment. (AI summary of the Risk Factors section.)
What did TGNA report in its latest 8-K?
TEGNA INC (TGNA) filed an 8-K on March 2, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Q4 and full-year 2025 earnings reported March 2, 2026: full results in Exhibit 99.1.
What are the latest TGNA SEC filings?
TEGNA INC (TGNA) filed its latest 10-K annual report on March 2, 2026, a 10-Q quarterly report on November 10, 2025, an 8-K current report on March 20, 2026 and a Form 4 insider filing on March 23, 2026.
What is TGNA's SEC CIK number?
TEGNA INC (TGNA)'s SEC Central Index Key (CIK) is 39899. EDGAR lists every TGNA filing under that number.
Ask anything about TGNA
The research agent reads TGNA's filings, financials, insider trades and 13F holders, then answers with sources.