Nexstar Media (NXST) Gross Margin (2011 - 2026)
Nexstar Media's (NXST) quarterly Gross Margin came in at 53.39% in Q2 2026, down 129.0% on a YoY basis from 184.09% in Q2 2025, and down 5.06% quarter-over-quarter from 56.23% in Q1 2026.
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Nexstar Media (NXST) Gross Margin (2011 - 2026) Analysis & Trends
Nexstar Media (NXST) has reported Gross Margin for 16 consecutive years, with 53.39% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 129.0% year-over-year to 53.39%; the trailing twelve-month figure through Jun 2026 stood at 54.61% (down 346.0% YoY), and the FY2025 full-year result was 54.84%, down 408.0% from the prior year.
- Gross Margin retreated to 53.39% in Q2 2026 per NXST's latest filing, from 56.23% in the prior quarter.
- Across five years, Gross Margin topped out at 66.24% in Q4 2022 and bottomed at 52.56% in Q3 2023.
- Historically, Gross Margin has averaged 57.45% across 5 years, with a median of 56.95% in 2023.
- The sharpest annual moves came in 2023 and 2024: Gross Margin sank 765 bps in 2023, then jumped 622 bps in 2024.
- Over 5 years, Gross Margin stood at 66.24% in 2022, then declined by 12 bps to 58.59% in 2023, then grew by 7 bps to 62.47% in 2024, then decreased by 10 bps to 56.17% in 2025, then fell by 5 bps to 53.39% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 53.39%, 56.23%, and 56.17% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 70.89 Bn | 67.52 Bn | 4.10 Bn | 46.99% |
| 2 | Fox | 25.02 Bn | 20.81 Bn | - | - |
| 3 | Paramount Skydance | 11.45 Bn | 8.18 Bn | -2.08 Bn | - |
| 4 | Versant Media | 5.26 Bn | 3.78 Bn | 994.00 Mn | 60.46% |
| 5 | Nexstar Media | 5.20 Bn | 4.99 Bn | 1.06 Bn | 53.39% |
| 6 | Newsmax | 1.41 Bn | 1.37 Bn | 23.33 Mn | 43.12% |
| 7 | AMC Global Media | 517.48 Mn | 53.48 Mn | 258.71 Mn | 47.25% |
| 8 | Gray Media | 476.77 Mn | 300.77 Mn | 270.00 Mn | 32.18% |
| 9 | Starz Entertainment | 425.21 Mn | 323.11 Mn | - | - |
| 10 | E.W. Scripps | 285.48 Mn | 272.43 Mn | 196.33 Mn | 40.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.39% |
| Mar 31, 2026 | 56.23% |
| Dec 31, 2025 | 56.17% |
| Sep 30, 2025 | 53.09% |
| Jun 30, 2025 | 54.68% |
| Mar 31, 2025 | 55.35% |
| Dec 31, 2024 | 62.47% |
| Sep 30, 2024 | 58.78% |
| Jun 30, 2024 | 56.50% |
| Mar 31, 2024 | 57.32% |
| Dec 31, 2023 | 58.59% |
| Sep 30, 2023 | 52.56% |
| Jun 30, 2023 | 56.69% |
| Mar 31, 2023 | 57.20% |
| Dec 31, 2022 | 66.24% |
| Sep 30, 2022 | 59.73% |
| Jun 30, 2022 | 59.68% |
| Mar 31, 2022 | 59.50% |
| Dec 31, 2021 | 62.25% |
| Sep 30, 2021 | 58.50% |