Nexstar Media Group Financial Statements
NASDAQ: NXSTIndustrialsBroadcastingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Nexstar Media Group revenue and earnings
In fiscal 2025, Nexstar Media Group generated $4.95 billion in revenue, down 8.5% from fiscal 2024, its first annual decline since 2023. Net income was $109.0 million (-84.9% year over year), for a net margin of 2.2% versus a median of 17.9% in the prior 5 years. Operating margin was 17.2%.
Diluted earnings per share came in at $3.00, down from $21.41. Over the last 5 fiscal years, NXST's revenue has grown at a 1.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Nexstar Media Group income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.95B | 5.41B | 4.93B | 5.21B | 4.65B | 4.50B | 3.04B | 2.77B | 2.43B | 1.10B |
| Revenue growth (YoY) | -8.47% | +9.61% | -5.33% | +12.11% | +3.26% | +48.10% | +9.85% | +13.76% | +120.45% | +23.07% |
| Operating Expenses | — | — | — | — | — | — | — | 2.01B | 1.93B | 815.88M |
| Selling, General & Admin | 1.06B | 1.09B | 1.10B | 1.10B | 1.02B | 912.10M | 729.98M | 579.93M | 605.11M | 263.61M |
| Operating Income | 849.00M | 1.27B | 708.00M | 1.31B | 1.18B | 1.38B | 655.13M | 757.78M | 505.63M | 287.31M |
| Interest Expense | 379.00M | 444.00M | 447.00M | — | — | — | — | — | — | 117.16M |
| Other Income (Expense) | — | -2.00M | — | -10.00M | -2.00M | -1.00M | -684.00K | -39.00K | -16.00K | -555.00K |
| Pretax Income | 150.00M | 959.00M | 401.00M | 1.22B | 1.09B | 1.10B | 373.32M | 532.95M | 241.38M | 170.67M |
| Income Tax | 67.00M | 276.00M | 131.00M | 274.00M | 263.00M | 296.50M | 137.03M | 144.68M | -233.94M | 77.57M |
| Net Income | 109.00M | 722.00M | 346.00M | 971.00M | 834.00M | 811.50M | 230.26M | 389.48M | 475.00M | 91.54M |
| Net Income growth (YoY) | -84.90% | +108.67% | -64.37% | +16.43% | +2.77% | +252.43% | -40.88% | -18.00% | +418.91% | +17.83% |
| EPS (Basic) | 3.04 | 21.73 | 9.78 | 24.68 | 19.81 | 18.06 | 5.01 | 8.52 | 10.38 | 2.98 |
| EPS (Diluted) | 3.00 | 21.41 | 9.64 | 24.16 | 18.98 | 17.37 | 4.80 | 8.21 | 10.07 | 2.89 |
| Shares Outstanding (Basic) | 30.35M | 32.31M | 35.32M | 39.35M | 42.13M | 44.92M | 45.99M | 45.72M | 45.75M | 30.69M |
| Shares Outstanding (Diluted) | 30.71M | 32.80M | 35.83M | 40.19M | 43.98M | 46.72M | 47.92M | 47.41M | 47.15M | 31.66M |
| EBITDA | 1.32B | 1.75B | 1.20B | 1.97B | 1.76B | 1.94B | 978.82M | 867.57M | 606.28M | 338.61M |
| Operating Margin | 17.15% | 23.45% | 14.35% | 25.18% | 25.28% | 30.56% | 21.56% | 27.39% | 20.79% | 26.04% |
| Net Margin | 2.20% | 13.35% | 7.01% | 18.63% | 17.94% | 18.03% | 7.58% | 14.08% | 19.53% | 8.30% |
This table shows 10 annual periods of Nexstar Media Group's income statement, from FY 2025 back to FY 2016, across 16 line items including revenue, operating expenses, selling, general & admin. Values in USD; B = billions, M = millions. Fiscal periods follow NXST's reporting calendar. What is a income statement?