NEXSTAR MEDIA GROUP, INC.NXSTEarnings & Financial Report
Nexstar Media Group, Inc. is an American publicly traded media company with headquarters in Irving, Texas; Midtown Manhattan; and Chicago. Founded on June 17, 1996, the company is the largest television station owner in the United States, owning 197 television stations across the United States, 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. It also operates all of the station...
NXST Q1 FY2026 Key Financial Metrics
Revenue
$1.4B
Gross Profit
N/A
Operating Profit
$265.0K
Net Profit
$160.0M
Gross Margin
N/A
Operating Margin
0.0%
Net Margin
11.5%
YoY Growth
13.1%
NEXSTAR MEDIA GROUP, INC. Q1 FY2026 Financial Summary
NEXSTAR MEDIA GROUP, INC. reported revenue of $1.4B (up 13.1% YoY) for Q1 FY2026, with a net profit of $160.0M (up 146.5% YoY) (11.5% margin).
Key Financial Metrics
| Total Revenue | $1.4B |
|---|---|
| Net Profit | $160.0M |
| Gross Margin | N/A |
| Operating Margin | 0.0% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
NEXSTAR MEDIA GROUP, INC. Q1 FY2026 revenue of $1.4B breaks down across 2 segments, led by Distribution at $837.0M (60.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Distribution | $837.0M | 60.0% |
| Advertising | $548.0M | 39.3% |
NEXSTAR MEDIA GROUP, INC. Revenue by Segment — Quarterly Trend
NEXSTAR MEDIA GROUP, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Distribution and Advertising) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Distribution | $837.0M | — | — | — |
| Advertising | $548.0M | $491.0M | $427.0M | $423.0M |
NEXSTAR MEDIA GROUP, INC. Annual Revenue by Year
NEXSTAR MEDIA GROUP, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $4.9B).
NEXSTAR MEDIA GROUP, INC. Quarterly Revenue & Net Profit History
NEXSTAR MEDIA GROUP, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $1.4B | +13.1% | $160.0M | 11.5% |
| Q4 FY2025 | $1.3B | -13.4% | $-166.0M | -12.9% |
| Q3 FY2025 | $1.2B | -12.3% | $70.0M | 5.8% |
| Q2 FY2025 | $1.2B | -3.2% | $97.0M | 7.9% |
| Q1 FY2025 | $1.2B | -3.9% | $108.0M | 8.8% |
| Q4 FY2024 | $1.5B | +14.1% | $242.0M | 16.3% |
| Q3 FY2024 | $1.4B | +20.7% | $187.0M | 13.7% |
| Q2 FY2024 | $1.3B | +2.3% | $118.0M | 9.3% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.27B | $1.37B | $1.49B | $1.23B | $1.23B | $1.20B | $1.29B | $1.40B |
| YoY Growth | 2.3% | 20.7% | 14.1% | -3.9% | -3.2% | -12.3% | -13.4% | 13.1% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $11.82B | $11.69B | $11.47B | $11.41B | $11.33B | $11.25B | $10.85B | N/A |
| Liabilities | $9.54B | $9.45B | $9.20B | $9.16B | $9.07B | $8.96B | $8.78B | N/A |
| Equity | $2.27B | $2.22B | $2.26B | $2.25B | $2.26B | $2.29B | $2.06B | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $176.0M | $387.0M | $411.0M | $337.0M | $247.0M | $117.0M | $190.0M | $289.0M |