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Nexstar Media Group, Inc. NXST Payments For Broadcast Rights

Payments For Broadcast Rights at other companies

Applovin Corporation logo
Applovin CorporationAPP
$0-100%
Warner Bros. Discovery, Inc. logo
Warner Bros. Discovery, Inc.WBD
$2.5B-20.5%
International Business Machines logo
International Business MachinesIBM
$252.75M+5.2%
Schneider National logo
Schneider NationalSNDR
$10.5M+1.0%
Mirum Pharmaceuticals, Inc. logo
Mirum Pharmaceuticals, Inc.MIRM
$810K+38.9%
Warner Bros. Discovery, Inc. logo
Warner Bros. Discovery, Inc.WBD
$19M+533%

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%

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 nxst:PaymentsForBroadcastRights.

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 payments for broadcast rights?
Nexstar Media Group, Inc. (NXST) reported payments for broadcast rights of $62M in Q1 2026.
How has Nexstar Media Group, Inc.'s payments for broadcast rights changed year-over-year?
Nexstar Media Group, Inc.'s payments for broadcast rights decreased by 22.5% year-over-year, from $80M to $62M.
What is the long-term trend for Nexstar Media Group, Inc.'s payments for broadcast rights?
Over 4 years (2021 to 2025), Nexstar Media Group, Inc.'s payments for broadcast rights has grown at a 19.7% compound annual growth rate (CAGR), from $167M to $343M.
What does payments for broadcast rights mean?
This represents the actual cash outflows made to acquire or renew the rights to broadcast specific programming, sports events, or syndicated content. Unlike amortization, this reflects the immediate liquidity impact of securing content necessary to maintain station viewership and advertising inventory. It is a primary driver of cash flow variability for broadcast network operators.