Nexstar Media Group (NXST) Revenue & Revenue Breakdown

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Nexstar Media Group Revenue Highlights

Latest Revenue (Y)

$4.95B

Latest Revenue (Q)

$1.40B

Main Segment (Y)

Distribution Service

Nexstar Media Group Revenue by Period

Nexstar Media Group Revenue by Year

Date	Revenue	Change
2025-12-31	$4.95B	-8.47%
2024-12-31	$5.41B	9.61%
2023-12-31	$4.93B	-5.33%
2022-12-31	$5.21B	12.11%
2021-12-31	$4.65B	3.26%
2020-12-31	$4.50B	48.10%
2019-12-31	$3.04B	9.85%
2018-12-31	$2.77B	13.76%
2017-12-31	$2.43B	120.45%
2016-12-31	$1.10B	23.07%
2015-12-31	$896.38M	41.99%
2014-12-31	$631.31M	25.68%
2013-12-31	$502.33M	32.67%
2012-12-31	$378.63M	23.54%
2011-12-31	$306.49M	-2.19%
2010-12-31	$313.35M	24.36%
2009-12-31	$251.98M	-11.56%
2008-12-31	$284.92M	6.79%
2007-12-31	$266.80M	0.62%
2006-12-31	$265.17M	17.30%
2005-12-31	$226.05M	-8.01%
2004-12-31	$245.74M	14.65%
2003-12-31	$214.33M	60.14%
2002-12-31	$133.84M	-24.26%
2001-12-31	$176.72M	-8.25%
2000-12-31	$192.62M	22.33%
1999-12-31	$157.45M	-

Nexstar Media Group generated $4.95B in revenue during NA 2025, up -8.47% compared to the previous quarter, and up 109.95% compared to the same period a year ago.

Nexstar Media Group Revenue by Quarter

Date	Revenue	Change
2026-03-31	$1.40B	8.30%
2025-12-31	$1.29B	7.60%
2025-09-30	$1.20B	-2.52%
2025-06-30	$1.23B	-0.41%
2025-03-31	$1.23B	-17.01%
2024-12-31	$1.49B	8.86%
2024-09-30	$1.37B	7.64%
2024-06-30	$1.27B	-1.17%
2024-03-31	$1.28B	-1.53%
2023-12-31	$1.30B	15.19%
2023-09-30	$1.13B	-8.71%
2023-06-30	$1.24B	-1.35%
2023-03-31	$1.26B	-15.45%
2022-12-31	$1.49B	17.16%
2022-09-30	$1.27B	1.93%
2022-06-30	$1.25B	2.89%
2022-03-31	$1.21B	-2.88%
2021-12-31	$1.25B	7.68%
2021-09-30	$1.16B	2.24%
2021-06-30	$1.13B	1.59%
2021-03-31	$1.11B	-19.08%
2020-12-31	$1.38B	23.11%
2020-09-30	$1.12B	22.26%
2020-06-30	$914.63M	-16.23%
2020-03-31	$1.09B	-0.75%
2019-12-31	$1.10B	65.78%
2019-09-30	$663.58M	2.24%
2019-06-30	$649.01M	3.57%
2019-03-31	$626.65M	-21.47%
2018-12-31	$798.02M	15.15%
2018-09-30	$693.01M	4.95%
2018-06-30	$660.32M	7.31%
2018-03-31	$615.34M	-5.86%
2017-12-31	$653.66M	6.83%
2017-09-30	$611.87M	-2.28%
2017-06-30	$626.12M	15.88%
2017-03-31	$540.32M	74.36%
2016-12-31	$309.88M	12.41%
2016-09-30	$275.66M	5.22%
2016-06-30	$261.99M	2.48%
2016-03-31	$255.66M	3.60%
2015-12-31	$246.77M	9.72%
2015-09-30	$224.90M	1.62%
2015-06-30	$221.32M	8.82%
2015-03-31	$203.39M	5.49%
2014-12-31	$192.80M	22.23%
2014-09-30	$157.74M	7.36%
2014-06-30	$146.93M	9.79%
2014-03-31	$133.83M	-3.11%
2013-12-31	$138.12M	9.80%
2013-09-30	$125.79M	-0.33%
2013-06-30	$126.21M	12.48%
2013-03-31	$112.20M	-3.42%
2012-12-31	$116.17M	29.15%
2012-09-30	$89.95M	1.22%
2012-06-30	$88.86M	6.24%
2012-03-31	$83.64M	-2.97%
2011-12-31	$86.20M	15.18%
2011-09-30	$74.84M	-0.88%
2011-06-30	$75.50M	7.95%
2011-03-31	$69.94M	-27.93%
2010-12-31	$97.06M	32.72%
2010-09-30	$73.13M	-1.90%
2010-06-30	$74.54M	8.62%
2010-03-31	$68.63M	-7.21%
2009-12-31	$73.96M	22.45%
2009-09-30	$60.40M	-2.82%
2009-06-30	$62.15M	12.05%
2009-03-31	$55.47M	-30.94%
2008-12-31	$80.31M	14.29%
2008-09-30	$70.28M	-0.49%
2008-06-30	$70.62M	10.84%
2008-03-31	$63.71M	-10.96%
2007-12-31	$71.56M	-

Nexstar Media Group generated $1.40B in revenue during Q1 2026, up 8.30% compared to the previous quarter, and up 93.88% compared to the same period a year ago.

Nexstar Media Group Revenue Breakdown

Nexstar Media Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Other	$66.00M	$64.00M	-	-	-
Distribution Service	$2.92B	$2.93B	-	-	-
Advertising	$1.96B	$2.42B	-	-	-
Broadcast	-	-	$4.61B	$5.03B	$1.74B
Corporate and Other	-	-	$88.00M	$-152.79M	-
Other Segments	-	-	-	$173.70M	-
Corporate Segment	-	-	-	$4.40M	-

Nexstar Media Group's latest annual revenue breakdown by segment (product or service), as of Dec 25: Distribution Service (59.08%), Advertising (39.58%), and Other (1.33%).

Quarterly Revenue by Product

Product/Service	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
Distribution Service	$837.00M	$720.00M	$709.00M	$733.00M	$762.00M	$1.45B	$719.00M	$761.00M	-	-	-	-	-	-	-	-	-	-	-	-
Other	$11.00M	$20.00M	$13.00M	$21.00M	$12.00M	$28.00M	$25.00M	$11.00M	-	-	-	-	-	-	-	-	-	-	-	-
Advertising	$548.00M	$548.00M	$476.00M	$475.00M	$460.00M	$1.28B	$622.00M	$512.00M	-	-	-	-	-	-	-	-	-	-	-	-
Broadcast	-	-	-	-	-	-	-	-	$2.29B	$1.15B	$1.18B	$1.39B	$1.24B	$490.90M	$482.30M	$1.20B	$1.13B	$1.11B	$1.09B	$1.35B
Corporate Segment	-	-	-	-	-	-	-	-	-	$-1.00M	$-2.00M	-	-	-	-	-	-	-	-	-
Other Segments	-	-	-	-	-	-	-	-	-	$96.00M	$81.00M	-	-	-	-	-	-	-	-	-
Corporate and Other	-	-	-	-	-	-	-	-	-	-	-	-	$28.40M	$-46.40M	$42.21M	-	-	-	-	-
Corporate And Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-43.50M	$27.49M	$23.30M	$21.56M	$26.36M	-

Nexstar Media Group's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: Distribution Service (59.96%), Advertising (39.26%), and Other (0.79%).

Nexstar Media Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
TKC	Turkcell Iletisim Hizmetleri A.S.	$107.12B	$30.82B
WPP	WPP	$14.85B	$7.62B
SIRI	Sirius XM	$8.56B	$2.09B
NXST	Nexstar Media Group	$4.95B	$1.40B
AD	Array Digital Infrastructure	$3.77B	$916.00M
CNK	Cinemark	$3.12B	$857.50M
MSGS	Madison Square Garden Sports	$1.04B	$432.20M
GSAT	Globalstar	$272.99M	$70.06M
QMMM	QMMM Limited Ordinary Shares	$2.81M	$157.63K
LLYVK	Liberty Live Group	-	$711.00M

NXST Revenue FAQ

What is Nexstar Media Group’s yearly revenue?

Nexstar Media Group's yearly revenue for 2025 was $4.95B, representing a decrease of -8.47% compared to 2024. The company's yearly revenue for 2024 was $5.41B, representing an increase of 9.61% compared to 2023. NXST's yearly revenue for 2023 was $4.93B, representing a decrease of -5.33% compared to 2022.

What is Nexstar Media Group’s quarterly revenue?

Nexstar Media Group's quarterly revenue for Q1 2026 was $1.4B, a 8.30% increase from the previous quarter (Q4 2025), and a 13.13% increase year-over-year (Q1 2025). The company's quarterly revenue for Q4 2025 was $1.29B, a 7.60% increase from the previous quarter (Q3 2025), and a -13.32% decrease year-over-year (Q4 2024). NXST's quarterly revenue for Q3 2025 was $1.2B, a -2.52% decrease from the previous quarter (Q2 2025), and a -12.30% decrease year-over-year (Q3 2024).

What is Nexstar Media Group’s revenue growth rate?

Nexstar Media Group's revenue growth rate for the last 3 years (2023-2025) was 0.32%, and for the last 5 years (2021-2025) was 6.48%.

What are Nexstar Media Group’s revenue streams?

Nexstar Media Group's revenue streams in c 25 are Other, Distribution Service, and Advertising. Other generated $66M in revenue, accounting 1.33% of the company's total revenue, up 3.12% year-over-year. Distribution Service generated $2.92B in revenue, accounting 59.08% of the company's total revenue, down -0.14% year-over-year. Advertising generated $1.96B in revenue, accounting 39.58% of the company's total revenue, down -18.88% year-over-year.

What is Nexstar Media Group’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Nexstar Media Group was Distribution Service. This segment made a revenue of $2.92B, representing 59.08% of the company's total revenue.