Nexstar Media Group, Inc. (NXST) — Financial statements
Income statement, balance sheet, and cash flow for Nexstar Media Group, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,949↓8.5% | 5,407↑9.6% | 4,933↓5.3% | 5,211↑12.1% | 4,648 | |
| Cost of Revenue | 3,020↑36.0% | 2,221↑4.5% | 2,125↑6.0% | 2,005↑7.7% | 1,862 | |
| Gross Profit | 1,929↓39.5% | 3,186↑13.5% | 2,808↓12.4% | 3,206↑15.1% | 2,786 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 815↓25.1% | 1,088↓0.7% | 1,096↓0.2% | 1,098↑7.2% | 1,024 | |
| Other Expenses | 251↓69.8% | 830↓17.3% | 1,004↑26.1% | 796↑35.6% | 587 | |
| Operating Expenses | 1,066↓44.4% | 1,918↓8.7% | 2,100↑10.9% | 1,894↑17.6% | 1,611 | |
| Total Costs & Expenses | 4,086↓1.3% | 4,139↓2.0% | 4,225↑8.4% | 3,899↑12.3% | 3,473 | |
| Operating Results | ||||||
| Operating Income | 863↓31.9% | 1,268↑79.1% | 708↓46.0% | 1,312↑11.7% | 1,175 | |
| Depreciation & Amortization | 785↓2.8% | 808↓14.1% | 941↑42.1% | 662↑12.4% | 589 | |
| EBITDA | 1,314↓40.6% | 2,211↑23.6% | 1,789↓19.3% | 2,216↑12.8% | 1,965 | |
| EBIT | 529↓62.3% | 1,403↑65.4% | 848↓45.4% | 1,554↑12.9% | 1,376 | |
| Interest & Other Income | ||||||
| Net Interest Income | -379↑14.6% | -444↑0.7% | -447↓32.6% | -337↓19.1% | -283 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 379↓14.6% | 444↓0.7% | 447↑32.6% | 337↑19.1% | 283 | |
| Non-Operating Income | 334↑347.4% | -135↑3.6% | -140↑42.1% | -242↓20.4% | -201 | |
| Other Income / Expenses | -713↓130.7% | -309↓0.7% | -307↓223.2% | -95↓15.9% | -82 | |
| Income Before Tax | 150↓84.4% | 959↑139.2% | 401↓67.1% | 1,217↑11.3% | 1,093 | |
| Income Tax Expense | 67↓75.7% | 276↑110.7% | 131↓52.2% | 274↑4.2% | 263 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 83↓87.8% | 683↑153.0% | 270↓71.4% | 943↑13.6% | 830 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 109↓84.9% | 722↑108.7% | 346↓64.4% | 971↑16.4% | 834 | |
| Bottom-Line Net Income | 92↓86.9% | 702↑102.9% | 346↓64.4% | 971↑16.4% | 834 | |
| EPS (Basic) | 3.04↓86.0% | 21.73↑121.7% | 9.80↓60.3% | 24.68↑24.6% | 19.81 | |
| EPS (Diluted) | 3.00↓86.0% | 21.41↑121.6% | 9.66↓60.0% | 24.16↑27.3% | 18.98 | |
| Weighted Average Shares | 30↓6.1% | 32↓8.5% | 35↓10.2% | 39↓6.6% | 42 | |
| Weighted Average Diluted Shares | 31↓6.4% | 33↓8.5% | 36↓10.8% | 40↓8.6% | 44 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.