Nexstar Media (NXST) Cost of Revenue (2011 - 2026)
Nexstar Media (NXST) posted Cost of Revenue of $611.0 million for Q1 2026, down 72.65% on a QoQ basis from $2.2 billion in Q4 2025, and up 10.89% year-over-year from $551.0 million in Q1 2025.
Nexstar Media (NXST) Cost of Revenue (2011 - 2026) Analysis & Trends
Nexstar Media's Cost of Revenue history runs 16 years deep, the most recent figure standing at $611.0 million for Q1 2026.
- Quarterly Cost of Revenue rose 10.89% year-over-year to $611.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.4 billion (up 104.75% YoY) and the FY2025 annual result came in at $2.2 billion, up 0.63% from the prior year.
- Cost of Revenue was $611.0 million for Q1 2026 at Nexstar Media, down from $2.2 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $2.2 billion in Q4 2025 and bottomed at $1.0 million in Q3 2024.
- A 5-year average of $574.7 million and a median of $538.0 million in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2024 — Cost of Revenue sank 99.81% — and 2025, when it jumped 300.36%.
- Nexstar Media's Cost of Revenue stood at $502.0 million in 2022, then climbed by 7.57% to $540.0 million in 2023, then grew by 3.33% to $558.0 million in 2024, then soared by 300.36% to $2.2 billion in 2025, then slumped by 72.65% to $611.0 million in 2026.
- Business Quant data shows NXST's Cost of Revenue at $611.0 million in Q1 2026, $2.2 billion in Q4 2025, and $1.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.66 Bn | 5.23 Bn | 785.00 Mn | 611.00 Mn |
| 2 | Newsmax | 840.22 Mn | 799.79 Mn | 21.36 Mn | 1.23 Mn |
| 3 | iHeartMedia | 565.51 Mn | 430.46 Mn | 509.13 Mn | 375.07 Mn |
| 4 | Gray Media | 389.45 Mn | 130.45 Mn | 213.00 Mn | 555.00 Mn |
| 5 | E.W. Scripps | 268.40 Mn | 184.68 Mn | 206.07 Mn | 310.79 Mn |
| 6 | FuboTV | 251.35 Mn | -201.06 Mn | 399.10 Mn | -23.86 Mn |
| 7 | CuriosityStream | 140.99 Mn | 107.64 Mn | 11.62 Mn | 7.58 Mn |
| 8 | Mediaco Holding | 83.31 Mn | 80.20 Mn | -3.44 Mn | 34.82 Mn |
| 9 | Saga Communications | 51.99 Mn | 21.56 Mn | 17.72 Mn | 5.15 Mn |
| 10 | Beasley Broadcast | 37.48 Mn | 31.05 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 611.00 Mn |
| Mar 31, 2026 | 611.00 Mn |
| Dec 31, 2025 | 2.23 Bn |
| Dec 31, 2025 | 2.23 Bn |
| Sep 30, 2025 | 1.00 Mn |
| Sep 30, 2025 | 1.00 Mn |
| Jun 30, 2025 | 557.00 Mn |
| Jun 30, 2025 | 557.00 Mn |
| Mar 31, 2025 | 551.00 Mn |
| Mar 31, 2025 | 551.00 Mn |
| Dec 31, 2024 | 558.00 Mn |
| Dec 31, 2024 | 558.00 Mn |
| Sep 30, 2024 | 1.00 Mn |
| Sep 30, 2024 | 1.00 Mn |
| Jun 30, 2024 | 552.00 Mn |
| Jun 30, 2024 | 552.00 Mn |
| Mar 31, 2024 | 548.00 Mn |
| Mar 31, 2024 | 548.00 Mn |
| Dec 31, 2023 | 540.00 Mn |
| Dec 31, 2023 | 540.00 Mn |