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Nexstar Media Group, Inc. NXST Broadcast Rights Current

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Other financials

Income statement

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Revenue$2.0B+62.2%
Operating income$362.0M+70.0%
Net income$120.0M+23.7%
EPS (diluted)$3.61+18.0%

Balance sheet

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Cash & equivalents$218.0M-6.8%
Total debt$12.1B+81.1%
Total equity$2.3B+0.4%
Total assets$17.7B+56.4%

Cash flow

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Operating cash flow$298.0M+20.6%
CapEx$45.0M+55.2%
Free cash flow$253.0M+16.1%

Valuation

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Market cap$5.97B+1.5%
Enterprise value$17.84B+44.7%
P/E13.2×+2.8×
P/S-0.1×

Profitability

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Operating margin17.8%-4.5pp
Net margin10%-1.3pp
FCF margin12.6%-10.9pp

Returns & leverage

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Return on equity23%-3.2pp
Debt / equity5.3×+2.4×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by Nexstar Media Group, Inc. in its filing.

Tagged under the XBRL concept nxst:BroadcastRightsCurrent.

The source filing: Nexstar Media Group, Inc.’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 1:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-339827
Line itemJune 30, 2026December 31, 2025
Current assets:
Cash and cash equivalents$218$280
Accounts receivable, net of allowance for credit losses of $26 and $18, respectively1,5841,075
Broadcast rights6161
Prepaid expenses and other current assets14257
Total current assets2,0051,473
Property and equipment, net1,8491,158
Goodwill5,0332,910

ITEM 1. Financial Statements

FAQ

What is Nexstar Media Group, Inc.'s broadcast rights current?
Nexstar Media Group, Inc. (NXST) reported broadcast rights current of $61M in Q2 2026.
How has Nexstar Media Group, Inc.'s broadcast rights current changed year-over-year?
Nexstar Media Group, Inc.'s broadcast rights current increased by 13.0% year-over-year, from $54M to $61M.
What is the long-term trend for Nexstar Media Group, Inc.'s broadcast rights current?
Over 4 years (2021 to 2025), Nexstar Media Group, Inc.'s broadcast rights current has grown at a 7.1% compound annual growth rate (CAGR), from $46.4M to $61M.
What does broadcast rights current mean?
This metric represents the unamortized portion of acquired broadcast rights for television programming that are expected to be utilized or aired within the next twelve months. It reflects the company's investment in content inventory that will drive future advertising and retransmission revenue. Monitoring this balance helps investors assess the company's short-term content pipeline and the efficiency of its programming acquisition strategy.

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