Nexstar Media (NXST) Cost of Revenue (2011 - 2026)

Nexstar Media (NXST) has 16 years of Cost of Revenue data on file, last reported at $611.0 million in 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 declined to $611.0 million in Q1 2026, from $2.2 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $2.2 billion in Q4 2025 to a low of $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 slumped 99.81% — and 2025, when it jumped 300.36%.
• Tracing NXST's Cost of Revenue over 5 years: stood at $502.0 million in 2022, then gained by 7.57% to $540.0 million in 2023, then advanced by 3.33% to $558.0 million in 2024, then jumped by 300.36% to $2.2 billion in 2025, then plunged by 72.65% to $611.0 million in 2026.
• The last three Cost of Revenue figures came in at $611.0 million (Q1 2026), $2.2 billion (Q4 2025), and $1.0 million (Q3 2025), per Business Quant data.