Nexstar Media Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,949	5,407	4,933	5,211	4,648
Revenue Growth (YoY)	-8.47%	9.61%	-5.33%	12.11%	3.26%
Cost of Revenue	2,235	2,221	2,153	2,005	1,862
Gross Profit	4,949	5,407	4,933	5,211	4,648
Selling, General & Admin	1,063	1,088	1,098	1,098	1,024
Depreciation & Amortization Expenses	471	484	488	662	589
Other Operating Expenses	331	346	486	134	38
Total Operating Expenses	1,865	1,918	2,072	1,894	1,651
Operating Income	849	1,268	708	1,312	1,175
Interest Income	30	70	104	153	125
Interest Expense	-379	-444	-447	-337	-283
Other Non-Operating Income (Expense)	-350	65	36	89	76
Total Non-Operating Income (Expense)	-699	-309	-307	-95	-82
Pretax Income	150	959	401	1,217	1,093
Provision for Income Taxes	-67	-276	-131	-274	-263
Net Income	109	722	346	971	834
Minority Interest in Earnings	26	39	76	28	4
Net Income to Common	109	722	346	971	834
Net Income Growth	-84.90%	108.67%	-64.37%	16.43%	2.77%
Shares Outstanding (Basic)	30	32	35	39	42
Shares Outstanding (Diluted)	31	33	36	40	44
Shares Change (YoY)	-6.37%	-8.48%	-10.83%	-8.63%	-5.86%
EPS (Basic)	3.04	21.73	9.78	24.68	19.81
EPS (Diluted)	3.00	21.41	9.64	24.16	18.98
EPS Growth	-85.99%	122.09%	-60.10%	27.29%	9.27%
Free Cash Flow	743	1,105	850	1,246	1,064
Free Cash Flow Growth	-32.76%	30.00%	-31.78%	17.11%	2.58%
Free Cash Flow Per Share	24.20	33.69	23.72	31.01	24.19
Dividends Per Share	7.440	6.760	5.400	3.600	2.800
Dividend Growth	10.06%	25.19%	50.00%	28.57%	25.00%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	17.15%	23.45%	14.35%	25.18%	25.28%
Profit Margin	1.68%	12.63%	5.47%	18.10%	17.86%
FCF Margin	15.01%	20.44%	17.23%	23.91%	22.89%
EBITDA	1,634	2,076	1,649	1,974	1,764
EBITDA Margin	33.02%	38.39%	33.43%	37.88%	37.95%
EBIT	849	1,268	708	1,312	1,175
EBIT Margin	17.15%	23.45%	14.35%	25.18%	25.28%
Effective Tax Rate	-44.67%	-28.78%	-32.67%	-22.51%	-24.06%

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q