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Nexstar Media Group, Inc. NXST Advertising — Revenue

Other product segments

Distribution Service
$837M+9.8%
Other
$11M-8.3%

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Other financials

Income statement

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Revenue$1.4B+13.1%
Operating income$265.0M+20.5%
Net income$164.0M+51.9%
EPS (diluted)$5.09+51.0%

Balance sheet

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Cash & equivalents$379.0M+49.8%
Total debt$12.5B+84.0%
Total equity$2.2B-3.5%
Total assets$18.1B+58.6%

Cash flow

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Operating cash flow$289.0M-14.2%
CapEx$22.0M-37.1%
Free cash flow$267.0M-11.6%

Valuation

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Market cap$5.01B+0.3%
Enterprise value$17.13B+46.6%
P/E11.4×+2.4×
P/S0.0×

Profitability

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Operating margin17.5%-5.1pp
Net margin10%-1.3pp
FCF margin13.8%-8.1pp

Returns & leverage

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Return on equity23%-3.2pp
Debt / equity5.8×+2.7×
Current ratio1.8×0.0×

Where this comes from

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

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Nexstar Media Group, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nexstar Media Group, Inc.'s advertising — revenue?
Nexstar Media Group, Inc. (NXST) reported advertising — revenue of $548M in Q1 2026.
How has Nexstar Media Group, Inc.'s advertising — revenue changed year-over-year?
Nexstar Media Group, Inc.'s advertising — revenue increased by 19.1% year-over-year, from $460M to $548M.
What is the long-term trend for Nexstar Media Group, Inc.'s advertising — revenue?
Over 3 years (2022 to 2025), Nexstar Media Group, Inc.'s advertising — revenue has grown at a -8.9% compound annual growth rate (CAGR), from $2.59B to $1.96B.
What does advertising — revenue mean?
This metric represents the total gross revenue generated from the sale of commercial airtime and digital advertising inventory across the company's broadcast stations and digital platforms. It reflects the core demand for the company's media reach among advertisers and is a primary indicator of market-driven top-line performance. Fluctuations in this figure typically correlate with cyclical political spending, broader economic conditions, and the company's ability to maintain audience share in its local markets.