Nexstar Media Group financials
$161.48−0.19%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.99B | $1.40B | $1.29B | $1.20B | $1.23B | $1.23B | $1.49B | $1.37B | $1.27B | $1.28B | $1.30B | $1.13B |
| Gross profit | $1.06B | $785.0M | $724.0M | $636.0M | $672.0M | $683.0M | $929.0M | $803.0M | $717.0M | $736.0M | -$849.0M | $1.13B |
| Gross margin | 53.4% | 56.2% | 56.2% | 53.1% | 54.7% | 55.3% | 62.5% | 58.8% | 56.5% | 57.3% | −65.1% | 100.0% |
| Operating income | $362.0M | $265.0M | $245.0M | $175.0M | $213.0M | $220.0M | $415.0M | $335.0M | $240.0M | $282.0M | $204.0M | $103.0M |
| Net income | $113.0M | $158.0M | -$171.0M | $66.0M | $93.0M | $104.0M | $238.0M | $171.0M | $118.0M | $175.0M | $114.0M | $25.0M |
| Net margin | 5.7% | 11.3% | −13.3% | 5.5% | 7.6% | 8.4% | 16.0% | 12.5% | 9.3% | 13.6% | 8.7% | 2.2% |
| Diluted EPS | $3.61 | $5.09 | $-5.56 | $2.14 | $3.06 | $3.37 | $7.57 | $5.27 | $3.54 | $5.16 | $3.31 | $0.70 |
| EBITDA | $607.0M | $458.0M | $452.0M | $365.0M | $410.0M | $425.0M | $659.0M | $525.0M | $448.0M | $472.0M | $239.0M | $323.0M |
| Operating cash flow | $298.0M | $289.0M | $190.0M | $117.0M | $247.0M | $337.0M | $411.0M | $387.0M | $176.0M | $276.0M | $182.0M | $138.0M |
| Free cash flow | $253.0M | $267.0M | $136.0M | $87.0M | $218.0M | $302.0M | $376.0M | $358.0M | $139.0M | $232.0M | $146.0M | $102.0M |
| Diluted shares | 30.9M | 31.2M | 30.7M | 30.6M | 30.5M | 30.9M | 31.4M | 32.4M | 33.3M | 34.0M | 34.2M | 35.4M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $218.0M | $379.0M | $280.0M | $236.0M | $234.0M | $253.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $11.74B | $12.15B | $6.33B | $6.36B | $6.38B | $6.50B |
| Total assets | $17.71B | $18.10B | $10.85B | $11.25B | $11.33B | $11.41B |
| Total liabilities | $15.45B | $15.94B | $8.78B | $8.96B | $9.07B | $9.16B |
| Shareholders' equity | $2.24B | $2.15B | $2.04B | $2.27B | $2.24B | $2.23B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology