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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Common stock
Additional paid-in capital
Accumulated other comprehensive (loss) income
Accumulated deficit
Treasury stock
Non-controlling interest
Beginning balance (in shares) at Dec. 31, 2023   158,555,000          
Beginning balance at Dec. 31, 2023 $ 317,313 $ 1,586 $ 1,426,325 $ (65,541) $ (1,027,192) $ (17,393) $ (472)
Beginning balance (in shares) at Dec. 31, 2023           9,615,000  
Increase (Decrease) in Stockholders' Equity              
Net income (loss) attributable to Gannett (71,051)       (71,020)   (31)
Other comprehensive income (loss), net [1] (245)     (245)      
Share-based compensation expense 6,338   6,338        
Issuance of common stock (in shares)   262,000          
Issuance of common stock 49 $ 2 47        
Treasury stock (in shares)           1,281,000  
Treasury stock (3,103)         $ (3,103)  
Restricted share forfeiture (in shares)           267,000  
Restricted share forfeiture (3)         $ (3)  
Other activity (28)   (28)        
Ending balance (in shares) at Jun. 30, 2024   158,817,000          
Ending balance at Jun. 30, 2024 249,270 $ 1,588 1,432,682 (65,786) (1,098,212) $ (20,499) (503)
Ending balance (in shares) at Jun. 30, 2024           11,163,000  
Beginning balance (in shares) at Dec. 31, 2023   158,555,000          
Beginning balance at Dec. 31, 2023 $ 317,313 $ 1,586 1,426,325 (65,541) (1,027,192) $ (17,393) (472)
Beginning balance (in shares) at Dec. 31, 2023           9,615,000  
Ending balance (in shares) at Dec. 31, 2024 147,388,555 158,836,000          
Ending balance at Dec. 31, 2024 $ 152,634 $ 1,588 1,281,801 (56,164) (1,053,546) $ (20,540) (505)
Ending balance (in shares) at Dec. 31, 2024 11,447,187         11,447,000  
Beginning balance (in shares) at Mar. 31, 2024   158,565,000          
Beginning balance at Mar. 31, 2024 $ 232,981 $ 1,586 1,429,137 (65,383) (1,111,960) $ (19,927) (472)
Beginning balance (in shares) at Mar. 31, 2024           10,979,000  
Increase (Decrease) in Stockholders' Equity              
Net income (loss) attributable to Gannett 13,717       13,748   (31)
Other comprehensive income (loss), net [2] (403)     (403)      
Share-based compensation expense 3,512   3,512        
Issuance of common stock (in shares)   252,000          
Issuance of common stock 24 $ 2 22        
Treasury stock (in shares)           130,000  
Treasury stock (571)         $ (571)  
Restricted share forfeiture (in shares)           54,000  
Restricted share forfeiture (1)         $ (1)  
Other activity 11   11        
Ending balance (in shares) at Jun. 30, 2024   158,817,000          
Ending balance at Jun. 30, 2024 $ 249,270 $ 1,588 1,432,682 (65,786) (1,098,212) $ (20,499) (503)
Ending balance (in shares) at Jun. 30, 2024           11,163,000  
Beginning balance (in shares) at Dec. 31, 2024 147,388,555 158,836,000          
Beginning balance at Dec. 31, 2024 $ 152,634 $ 1,588 1,281,801 (56,164) (1,053,546) $ (20,540) (505)
Beginning balance (in shares) at Dec. 31, 2024 11,447,187         11,447,000  
Increase (Decrease) in Stockholders' Equity              
Net income (loss) attributable to Gannett $ 71,065       71,058   7
Other comprehensive income (loss), net [1] 13,053     13,053      
Performance stock units settled, net of withholdings (in shares)   232,000          
Performance stock units settled, net of withholdings (520) $ 3 (523)        
Share-based compensation expense 4,961   4,961        
Equity component - 2027 Notes (2,043)   (2,043)        
Issuance of common stock (in shares)   313,000          
Issuance of common stock 84 $ 3 81        
Treasury stock (in shares)           966,000  
Treasury stock (3,064)         $ (3,064)  
Restricted share forfeiture (in shares)           338,000  
Restricted share forfeiture (3)         $ (3)  
Other activity $ 422   422        
Ending balance (in shares) at Jun. 30, 2025 146,629,832 159,381,000          
Ending balance at Jun. 30, 2025 $ 236,589 $ 1,594 1,284,699 (43,111) (982,488) $ (23,607) (498)
Ending balance (in shares) at Jun. 30, 2025 12,750,728         12,751,000  
Beginning balance (in shares) at Mar. 31, 2025   159,081,000          
Beginning balance at Mar. 31, 2025 $ 149,638 $ 1,591 1,284,331 (51,598) (1,060,879) $ (23,302) (505)
Beginning balance (in shares) at Mar. 31, 2025           12,422,000  
Increase (Decrease) in Stockholders' Equity              
Net income (loss) attributable to Gannett 78,398       78,391   7
Other comprehensive income (loss), net [2] 8,487     8,487      
Share-based compensation expense 2,082   2,082        
Equity component - 2027 Notes (2,043)   (2,043)        
Issuance of common stock (in shares)   300,000          
Issuance of common stock 46 $ 3 43        
Treasury stock (in shares)           95,000  
Treasury stock (303)         $ (303)  
Restricted share forfeiture (in shares)           234,000  
Restricted share forfeiture (2)         $ (2)  
Other activity $ 286   286        
Ending balance (in shares) at Jun. 30, 2025 146,629,832 159,381,000          
Ending balance at Jun. 30, 2025 $ 236,589 $ 1,594 $ 1,284,699 $ (43,111) $ (982,488) $ (23,607) $ (498)
Ending balance (in shares) at Jun. 30, 2025 12,750,728         12,751,000  
[1] For the six months ended June 30, 2025 and 2024, Other comprehensive (loss) income is net of an income tax benefit of $2.2 million and income tax provision of $0.1 million, respectively.
[2] For the three months ended June 30, 2025 and 2024, Other comprehensive (loss) income is net of an income tax benefit of $1.5 million and $30 thousand, respectively.