Nexstar Media (NXST) Change in Taxes (2011 - 2026)
Nexstar Media (NXST) reported Change in Taxes of $43.0 million for Q1 2026, down 20.37% on a YoY basis from $54.0 million in Q1 2025, and up 38.71% quarter-over-quarter from $31.0 million in Q4 2025.
Nexstar Media (NXST) Change in Taxes (2011 - 2026) Analysis & Trends
Nexstar Media has reported Change in Taxes for 16 years, with the latest figure at $43.0 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Taxes fell 20.37% year-over-year to $43.0 million; the trailing twelve-month figure through Mar 2026 stood at -$25.0 million (down 171.43% YoY), and the FY2025 full-year result was -$14.0 million, down 126.92% from the prior year.
- Change in Taxes for Q1 2026 stood at $43.0 million, up from $31.0 million in the prior quarter.
- The five-year high for Change in Taxes was $71.0 million in Q1 2024, with the low at -$130.0 million in Q2 2024.
- Historically, Change in Taxes has averaged $7.5 million across 5 years, with a median of $43.0 million in 2026.
- Annual changes were most pronounced in 2023 — Change in Taxes slumped 120.0% — and 2024, when it jumped 6600.0%.
- Nexstar Media's Change in Taxes stood at $46.0 million in 2022, then surged by 34.78% to $62.0 million in 2023, then retreated by 25.81% to $46.0 million in 2024, then plunged by 32.61% to $31.0 million in 2025, then soared by 38.71% to $43.0 million in 2026.
- The last three Change in Taxes figures came in at $43.0 million (Q1 2026), $31.0 million (Q4 2025), and -$7.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.44 Bn | 5.04 Bn | -505.00 Mn | 43.00 Mn |
| 2 | FuboTV | 3.41 Bn | 5.34 Bn | 348.72 Mn | - |
| 3 | Newsmax | 996.58 Mn | 956.14 Mn | 21.36 Mn | - |
| 4 | iHeartMedia | 598.23 Mn | 466.54 Mn | 509.13 Mn | - |
| 5 | Gray Media | 394.79 Mn | 135.79 Mn | 213.00 Mn | - |
| 6 | E.W. Scripps | 304.31 Mn | 220.58 Mn | 206.07 Mn | - |
| 7 | CuriosityStream | 163.77 Mn | 154.55 Mn | 11.62 Mn | - |
| 8 | Mediaco Holding | 58.80 Mn | 58.80 Mn | -3.44 Mn | - |
| 9 | Saga Communications | 54.09 Mn | 23.65 Mn | 17.72 Mn | - |
| 10 | Beasley Broadcast | 38.85 Mn | 32.43 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 43.00 Mn |
| Mar 31, 2026 | 43.00 Mn |
| Dec 31, 2025 | 31.00 Mn |
| Dec 31, 2025 | 31.00 Mn |
| Sep 30, 2025 | -7.00 Mn |
| Sep 30, 2025 | -7.00 Mn |
| Jun 30, 2025 | -92.00 Mn |
| Jun 30, 2025 | -92.00 Mn |
| Mar 31, 2025 | 54.00 Mn |
| Mar 31, 2025 | 54.00 Mn |
| Dec 31, 2024 | 46.00 Mn |
| Dec 31, 2024 | 46.00 Mn |
| Sep 30, 2024 | 65.00 Mn |
| Sep 30, 2024 | 65.00 Mn |
| Jun 30, 2024 | -130.00 Mn |
| Jun 30, 2024 | -130.00 Mn |
| Mar 31, 2024 | 71.00 Mn |
| Mar 31, 2024 | 71.00 Mn |
| Dec 31, 2023 | 62.00 Mn |
| Dec 31, 2023 | 62.00 Mn |