Live price temporarily unavailable.
Nexstar Media Group (NXST) is a Communication Services company in the Russell 1000. Latest news and coverage below.
Nexstar Media Group revenue & net income history (FY2016–FY2025)
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $1.10B | $2.43B | $2.77B | $3.04B | $4.50B | $4.65B | $5.21B | $4.93B | $5.41B | $4.95B |
| Growth (year over year) | +23.1% | +120.4% | +13.8% | +9.9% | +48.1% | +3.3% | +12.1% | −5.3% | +9.6% | −8.5% |
| Operating income | $287.3M | $505.6M | $757.8M | $655.1M | $1.38B | $1.18B | $1.31B | $708.0M | $1.27B | $849.0M |
| Operating margin | 26.0% | 20.8% | 27.4% | 21.6% | 30.6% | 25.3% | 25.2% | 14.4% | 23.5% | 17.2% |
| Net income | $91.5M | $475.0M | $389.5M | $230.3M | $811.5M | $834.0M | $971.0M | $346.0M | $722.0M | $109.0M |
| Net margin | 8.3% | 19.5% | 14.1% | 7.6% | 18.0% | 17.9% | 18.6% | 7.0% | 13.4% | 2.2% |
| EPS (diluted) | $2.89 | $10.07 | $8.21 | $4.80 | $17.37 | $18.98 | $24.16 | $9.64 | $21.41 | $3.00 |
| Balance sheet | ||||||||||
| Cash and equivalents | $1.02B | $115.7M | $145.1M | $232.1M | $152.7M | $190.9M | $204.0M | $135.0M | $144.0M | $280.0M |
| Total assets | $2.97B | $7.48B | $7.06B | $14.0B | $13.4B | $13.3B | $12.7B | $12.1B | $11.5B | $10.8B |
| Total liabilities | $2.68B | $5.90B | $5.19B | $11.9B | $10.9B | $10.4B | $9.91B | $9.77B | $9.20B | $8.78B |
| Long-term debt | $2.31B | $4.27B | $3.88B | $8.38B | $7.65B | $7.37B | $6.83B | $6.71B | $6.40B | $6.22B |
| Shareholders' equity | $169.1M | $1.57B | $1.85B | $2.03B | $2.52B | $2.85B | $2.74B | $2.30B | $2.26B | $2.06B |
| Cash flow | ||||||||||
| Operating cash flow | $284.3M | $109.1M | $736.9M | $417.5M | $1.25B | $1.22B | $1.40B | $999.0M | $1.25B | $891.0M |
| Capital expenditure | $31.9M | $72.5M | $106.2M | $197.5M | $217.0M | $151.0M | $157.0M | $149.0M | $145.0M | $148.0M |
| Free cash flow | $252.4M | $36.6M | $630.6M | $220.0M | $1.04B | $1.06B | $1.25B | $850.0M | $1.10B | $743.0M |
| Dividends paid | $29.4M | $55.9M | $68.6M | $82.8M | $101.0M | $118.0M | $142.0M | $191.0M | $219.0M | $226.0M |
| Share buybacks | — | $99.0M | $50.5M | $45.1M | $281.9M | $537.0M | $881.0M | $605.0M | $601.0M | $125.0M |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $1.37B | $1.49B | $1.23B | $1.23B | $1.20B | $1.29B | $1.40B | $1.99B |
| Growth (year over year) | +20.7% | +14.1% | −3.9% | −3.2% | −12.3% | −13.4% | +13.1% | +62.2% |
| Operating income | $335.0M | $418.0M | $220.0M | $213.0M | $175.0M | $241.0M | $265.0M | $362.0M |
| Operating margin | 24.5% | 28.1% | 17.8% | 17.3% | 14.6% | 18.7% | 19.0% | 18.2% |
| Net income | $187.0M | $242.0M | $108.0M | $97.0M | $70.0M | −$166.0M | $164.0M | $120.0M |
| Net margin | 13.7% | 16.3% | 8.8% | 7.9% | 5.8% | −12.9% | 11.7% | 6.0% |
| EPS (diluted) | $5.27 | $7.44 | $3.37 | $3.06 | $2.14 | −$5.57 | $5.09 | $3.61 |
| Balance sheet | ||||||||
| Cash and equivalents | $181.0M | $144.0M | $253.0M | $234.0M | $236.0M | $280.0M | $379.0M | $218.0M |
| Total assets | $11.7B | $11.5B | $11.4B | $11.3B | $11.2B | $10.8B | $18.1B | $17.7B |
| Total liabilities | $9.45B | $9.20B | $9.16B | $9.07B | $8.96B | $8.78B | $15.9B | $15.5B |
| Long-term debt | $6.58B | $6.40B | $6.37B | $6.28B | $6.25B | $6.22B | $11.9B | $11.4B |
| Shareholders' equity | $2.22B | $2.26B | $2.25B | $2.26B | $2.29B | $2.06B | $2.17B | $2.27B |
| Cash flow | ||||||||
| Operating cash flow | $387.0M | $411.0M | $337.0M | $247.0M | $117.0M | $190.0M | $289.0M | $298.0M |
| Capital expenditure | $29.0M | $35.0M | $35.0M | $29.0M | $30.0M | $54.0M | $22.0M | $45.0M |
| Free cash flow | $358.0M | $376.0M | $302.0M | $218.0M | $87.0M | $136.0M | $267.0M | $253.0M |
| Dividends paid | $55.0M | $52.0M | $57.0M | $56.0M | $56.0M | $57.0M | $56.0M | $57.0M |
| Share buybacks | $177.0M | $178.0M | $75.0M | $50.0M | $0 | $0 | — | — |
From Nexstar Media Group's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Nexstar Media Group
Nexstar Media Group, Inc. is an American multimedia conglomerate headquartered in Irving, Texas, with operational headquarters in Midtown Manhattan and an additional office in Chicago. Founded on June 17, 1996, Nexstar is the largest television broadcasting company in the United States, owning 265 television stations—most of which are affiliated with the four major American television networks and MyNetworkTV—in markets as large as New York City and as small as San Angelo, Texas, and operating additional stations through local marketing agreements with certain affiliates such as Mission Broadcasting and Vaughan Media to satisfy existing regulations set in place by the Federal Communications Commission.
Source: Wikipedia — Nexstar Media Group
- Headquarters
- Irving, Texas From SEC filings, Oct 2026
Recent News (1)
Other Communication Services companies to compare with NXST
- NCMI National Cinemedia Inc
- NEXN Nexxen International LTD
- NMAX Newsmax Inc Class B
- NXDR Nextdoor Holdings Inc Class a
- NYT The New York Times
- OPTU Optimum Communications Inc Class a
- PINS Pinterest
- PLTK Playtika Holding Corp