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
DateValue
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