Nexstar Media Group, Inc. NXST

FY2025 · ended Dec 31, 2025 · Revenue $4.95B, -8.5% YoY · Filed Feb 27, 2026

Nexstar Media Group, Inc. (NXST) files with the SEC under industry code 4833, Television Broadcasting Stations. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $4.9 billion and net income of $109.0 million. Free cash flow was $743.0 million. As of Jun 30, 2026 it held $605.0 million in cash and investments and $12.1 billion in total debt.

Revenue (TTM)
$5.88B
+10.5% vs year-ago TTM
Net income (TTM)
$188.00M
-70.3% vs year-ago TTM
Operating cash flow (TTM)
$894.00M
-35.3% vs year-ago TTM
Free cash flow (TTM)
$743.00M
-40.7% vs year-ago TTM
EPS (TTM)
$5.38
-73.4% vs year-ago TTM
Dividend per share (TTM)
$7.44
+4.8% vs year-ago TTM
Shares outstanding
30.33M
-0.6% vs prior year
Net cash
$-11.48B
as of Jun 30, 2026
Operating margin
17.8%
FY 2026

Company profile

Industry
Television Broadcasting Stations (SIC 4833)
Listed as
NXST (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Irving, TX
SEC filer status
Large accelerated filer
SEC CIK
1142417
Former names
NEXSTAR BROADCASTING GROUP INC (until Jan 13, 2017)

Other Television Broadcasting Stations companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
$4.9B
$5.4B
$4.9B
$5.2B
$4.6B
Operating income
$849.0M
$1.3B
$708.0M
$1.3B
$1.2B
Net income
$109.0M
$722.0M
$346.0M
$971.0M
$834.0M
Diluted EPS
$3.00
$21.41
$9.64
$24.16
$18.98
Operating cash flow
$891.0M
$1.2B
$999.0M
$1.4B
$1.2B
Free cash flow
$743.0M
$1.1B
$850.0M
$1.2B
$1.1B
Total assets
$10.8B
$11.5B
$12.1B
$12.7B
$13.3B
Total liabilities
$8.8B
$9.2B
$9.8B
$9.9B
$10.4B
Stockholders' equity
$2.1B
$2.3B
$2.3B
$2.7B
$2.9B
Cash and investments
$676.0M
$1.0B
$1.1B
$1.3B
$1.4B
Total debt
$6.6B
$6.8B
$7.1B
$7.2B
$7.7B

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Other events
Oct 30, 2026 Oct 29, 2026
10-Q Quarterly report Aug 7, 2026 Jun 30, 2026
8-K Current report
Results of operations
Aug 6, 2026 Aug 6, 2026
8-K Current report
Other events
Aug 3, 2026 Jul 30, 2026
8-K Current report
Shareholder vote results, Regulation FD disclosure
Jun 16, 2026 Jun 16, 2026
8-K/A Amended current report Jun 4, 2026 Mar 19, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.