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Nexstar Media Group, Inc. NXST Reportable Broadcast — Selling General And Administrative Expense

Other segment segments

Reportable TEGNA
$123M

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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$5.74B+1.8%
Enterprise value$17.61B+45.8%
P/E12.7×+2.7×
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 us-gaap:SellingGeneralAndAdministrativeExpense.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Broadcast Segment:
Net revenue$1,236$1,150$2,459$2,319
Programming and related expenses (1)(553)(547)(1,102)(1,090)
Selling, general and administrative expenses (1)(178)(178)(358)(359)
Amortization of broadcast rights (1)(14)(15)(29)(31)
Broadcast segmentʼs profit491410970839
TEGNA Segment:
Net revenue697-803-

ITEM 1. Financial Statements

FAQ

What is Nexstar Media Group, Inc.'s reportable broadcast — selling general and administrative expense?
Nexstar Media Group, Inc. (NXST) reported reportable broadcast — selling general and administrative expense of $178M in Q2 2026.
How has Nexstar Media Group, Inc.'s reportable broadcast — selling general and administrative expense changed year-over-year?
Nexstar Media Group, Inc.'s reportable broadcast — selling general and administrative expense decreased by 0.0% year-over-year, from $178M to $178M.
What is the long-term trend for Nexstar Media Group, Inc.'s reportable broadcast — selling general and administrative expense?
Over 3 years (2022 to 2025), Nexstar Media Group, Inc.'s reportable broadcast — selling general and administrative expense has grown at a -3.4% compound annual growth rate (CAGR), from $815M to $734M.
What does reportable broadcast — selling general and administrative expense mean?
The overhead costs associated with managing the broadcast segment, including administrative salaries, marketing, and corporate support functions. This metric helps evaluate the segment's ability to control non-production-related expenses while scaling operations.

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