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Nexstar Media Group, Inc. NXST Entertainment License Agreement For Program Material Amortization Expense

Entertainment License Agreement For Program Material Amortization Expense at other companies

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Segments

By segment

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Reportable Broadcast$14M-6.7%
Reportable TEGNA$10M

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:EntertainmentLicenseAgreementForProgramMaterialAmortizationExpense.

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
Operating expenses:
Direct operating, excluding depreciation and amortization9295571,5411,108
Selling, general and administrative, excluding depreciation and amortization457262783520
Amortization of broadcast rights8779159168
Depreciation and amortization of intangible assets158118279234
Total operating expenses1,6311,0162,7622,030
Income from operations362213627432
Income from equity method investments, net311719

ITEM 1. Financial Statements

FAQ

What is Nexstar Media Group, Inc.'s entertainment license agreement for program material amortization expense?
Nexstar Media Group, Inc. (NXST) reported entertainment license agreement for program material amortization expense of $87M in Q2 2026.
How has Nexstar Media Group, Inc.'s entertainment license agreement for program material amortization expense changed year-over-year?
Nexstar Media Group, Inc.'s entertainment license agreement for program material amortization expense increased by 10.1% year-over-year, from $79M to $87M.
What does entertainment license agreement for program material amortization expense mean?
This reflects the periodic amortization of costs associated with licensing entertainment and programming content from third-party providers. It captures the systematic expense recognition of content rights over their useful life. This metric is critical for evaluating the cost structure of programming acquisition strategies.

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