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Side-by-side financial comparison of NEXSTAR MEDIA GROUP, INC. (NXST) and Polestar Automotive Holding UK PLC (PSNY). Click either name above to swap in a different company.

NEXSTAR MEDIA GROUP, INC. is the larger business by last-quarter revenue ($1.3B vs $685.2M, roughly 1.9× Polestar Automotive Holding UK PLC). NEXSTAR MEDIA GROUP, INC. runs the higher net margin — -12.9% vs -44.4%, a 31.5% gap on every dollar of revenue. NEXSTAR MEDIA GROUP, INC. produced more free cash flow last quarter ($136.0M vs $-709.7M).

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...

Polestar Automotive Holding UK PLC, or simply Polestar, is a Swedish automotive manufacturer that produces electric cars. Principally owned by Li Shufu's PSD Investment, Geely Holding and Volvo Cars, the company is headquartered in Torslanda, outside Gothenburg, Sweden. With an "asset-light" approach in development and manufacturing, Polestar does not have its own manufacturing facility; instead it produces cars in facilities controlled by Volvo or Geely in several countries, including China,...

NXST vs PSNY — Head-to-Head

Bigger by revenue
NXST
NXST
1.9× larger
NXST
$1.3B
$685.2M
PSNY
Higher net margin
NXST
NXST
31.5% more per $
NXST
-12.9%
-44.4%
PSNY
More free cash flow
NXST
NXST
$845.7M more FCF
NXST
$136.0M
$-709.7M
PSNY

Income Statement — Q4 FY2025 vs Q2 FY2023

Metric
NXST
NXST
PSNY
PSNY
Revenue
$1.3B
$685.2M
Net Profit
$-166.0M
$-304.1M
Gross Margin
-0.1%
Operating Margin
18.7%
-72.6%
Net Margin
-12.9%
-44.4%
Revenue YoY
-13.4%
Net Profit YoY
-168.6%
EPS (diluted)
$-5.57
$-0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NXST
NXST
PSNY
PSNY
Q4 25
$1.3B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.5B
Q3 24
$1.4B
Q2 24
$1.3B
Q1 24
$1.3B
Net Profit
NXST
NXST
PSNY
PSNY
Q4 25
$-166.0M
Q3 25
$70.0M
Q2 25
$97.0M
Q1 25
$108.0M
Q4 24
$242.0M
Q3 24
$187.0M
Q2 24
$118.0M
Q1 24
$175.0M
Operating Margin
NXST
NXST
PSNY
PSNY
Q4 25
18.7%
Q3 25
14.6%
Q2 25
17.3%
Q1 25
17.8%
Q4 24
28.1%
Q3 24
24.5%
Q2 24
18.9%
Q1 24
21.4%
Net Margin
NXST
NXST
PSNY
PSNY
Q4 25
-12.9%
Q3 25
5.8%
Q2 25
7.9%
Q1 25
8.8%
Q4 24
16.3%
Q3 24
13.7%
Q2 24
9.3%
Q1 24
13.6%
EPS (diluted)
NXST
NXST
PSNY
PSNY
Q4 25
$-5.57
Q3 25
$2.14
Q2 25
$3.06
Q1 25
$3.37
Q4 24
$7.44
Q3 24
$5.27
Q2 24
$3.54
Q1 24
$5.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NXST
NXST
PSNY
PSNY
Cash + ST InvestmentsLiquidity on hand
$280.0M
$1.1B
Total DebtLower is stronger
$6.3B
$1.6B
Stockholders' EquityBook value
$2.1B
$-456.3M
Total Assets
$10.8B
$4.3B
Debt / EquityLower = less leverage
3.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NXST
NXST
PSNY
PSNY
Q4 25
$280.0M
Q3 25
$236.0M
Q2 25
$234.0M
Q1 25
$253.0M
Q4 24
$144.0M
Q3 24
$181.0M
Q2 24
$146.0M
Q1 24
$237.0M
Total Debt
NXST
NXST
PSNY
PSNY
Q4 25
$6.3B
Q3 25
$6.4B
Q2 25
$6.4B
Q1 25
$6.5B
Q4 24
$6.5B
Q3 24
$6.7B
Q2 24
$6.8B
Q1 24
$6.8B
Stockholders' Equity
NXST
NXST
PSNY
PSNY
Q4 25
$2.1B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$2.2B
Q4 24
$2.3B
Q3 24
$2.2B
Q2 24
$2.3B
Q1 24
$2.3B
Total Assets
NXST
NXST
PSNY
PSNY
Q4 25
$10.8B
Q3 25
$11.2B
Q2 25
$11.3B
Q1 25
$11.4B
Q4 24
$11.5B
Q3 24
$11.7B
Q2 24
$11.8B
Q1 24
$11.9B
Debt / Equity
NXST
NXST
PSNY
PSNY
Q4 25
3.07×
Q3 25
2.78×
Q2 25
2.83×
Q1 25
2.89×
Q4 24
2.89×
Q3 24
3.02×
Q2 24
2.99×
Q1 24
2.93×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NXST
NXST
PSNY
PSNY
Operating Cash FlowLast quarter
$190.0M
$-666.7M
Free Cash FlowOCF − Capex
$136.0M
$-709.7M
FCF MarginFCF / Revenue
10.6%
-103.6%
Capex IntensityCapex / Revenue
4.2%
6.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$743.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NXST
NXST
PSNY
PSNY
Q4 25
$190.0M
Q3 25
$117.0M
Q2 25
$247.0M
Q1 25
$337.0M
Q4 24
$411.0M
Q3 24
$387.0M
Q2 24
$176.0M
Q1 24
$276.0M
Free Cash Flow
NXST
NXST
PSNY
PSNY
Q4 25
$136.0M
Q3 25
$87.0M
Q2 25
$218.0M
Q1 25
$302.0M
Q4 24
$376.0M
Q3 24
$358.0M
Q2 24
$139.0M
Q1 24
$232.0M
FCF Margin
NXST
NXST
PSNY
PSNY
Q4 25
10.6%
Q3 25
7.3%
Q2 25
17.7%
Q1 25
24.5%
Q4 24
25.3%
Q3 24
26.2%
Q2 24
11.0%
Q1 24
18.1%
Capex Intensity
NXST
NXST
PSNY
PSNY
Q4 25
4.2%
Q3 25
2.5%
Q2 25
2.4%
Q1 25
2.8%
Q4 24
2.4%
Q3 24
2.1%
Q2 24
2.9%
Q1 24
3.4%
Cash Conversion
NXST
NXST
PSNY
PSNY
Q4 25
Q3 25
1.67×
Q2 25
2.55×
Q1 25
3.12×
Q4 24
1.70×
Q3 24
2.07×
Q2 24
1.49×
Q1 24
1.58×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NXST
NXST

Distribution Service$704.0M55%
Advertising$491.0M38%
Other$78.0M6%
Corporate$3.0M0%

PSNY
PSNY

Segment breakdown not available.

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