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Nexstar Media Group, Inc. NXST Reportable TEGNA — Direct Operating Costs

Other segment segments

Reportable Broadcast
$553M+1.1%

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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:DirectOperatingCosts.

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 segmentʼs profit491410970839
TEGNA Segment:
Net revenue697-803-
Programming and related expenses (1)(379)-(436)-
Selling, general and administrative expenses (1)(123)-(140)-
Amortization of broadcast rights (1)(10)-(11)-
TEGNA segmentʼs profit185-216-
Total segmentsʼ profit6764101,186839

ITEM 1. Financial Statements

FAQ

What is Nexstar Media Group, Inc.'s reportable TEGNA — direct operating costs?
Nexstar Media Group, Inc. (NXST) reported reportable TEGNA — direct operating costs of $379M in Q2 2026.
What does reportable TEGNA — direct operating costs mean?
The direct costs incurred by the Reportable TEGNA segment to produce or deliver its primary products and services. These expenses typically include production costs, content acquisition, and direct labor directly tied to generating segment revenue. Tracking this metric is essential for evaluating the segment's gross margin and operational efficiency.

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