Nexstar Media (NXST) Gross Margin (2011 - 2026)
Nexstar Media's (NXST) quarterly Gross Margin came in at 56.23% in Q1 2026, up 88.0% YoY from 29.91% in Q1 2025, and up 176.7% on a QoQ basis from 73.31% in Q4 2025.
Nexstar Media (NXST) Gross Margin (2011 - 2026) Analysis & Trends
Nexstar Media (NXST) has 16 years of Gross Margin data on file, last reported at 56.23% in Q1 2026.
- Quarterly Gross Margin rose 88.0% year-over-year to 56.23% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 33.43% (down 3554.0% YoY) and the FY2025 annual result came in at 54.84%, down 408.0% from the prior year.
- Gross Margin rose to 56.23% in Q1 2026, from 73.31% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 99.93% in Q3 2024 to a low of 73.31% in Q4 2025.
- A 5-year average of 55.25% and a median of 57.32% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin soared 4736 bps — and 2025, when it sank 13579 bps.
- Tracing NXST's Gross Margin over 5 years: stood at 66.24% in 2022, then slipped by 12 bps to 58.59% in 2023, then advanced by 7 bps to 62.47% in 2024, then sank by 217 bps to 73.31% in 2025, then surged by 177 bps to 56.23% in 2026.
- The last three Gross Margin figures came in at 56.23% (Q1 2026), 73.31% (Q4 2025), and 99.92% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.74 Bn | 5.53 Bn | 1.06 Bn | 53.39% |
| 2 | Newsmax | 1.40 Bn | 1.35 Bn | 23.33 Mn | 43.12% |
| 3 | Gray Media | 480.19 Mn | 304.19 Mn | 270.00 Mn | 32.18% |
| 4 | iHeartMedia | 457.30 Mn | 282.86 Mn | 576.68 Mn | 59.01% |
| 5 | FuboTV | 308.81 Mn | -143.61 Mn | 399.10 Mn | 106.36% |
| 6 | E.W. Scripps | 303.44 Mn | 290.39 Mn | 196.33 Mn | 40.03% |
| 7 | CuriosityStream | 174.02 Mn | 125.62 Mn | 16.93 Mn | 72.84% |
| 8 | Mediaco Holding | 80.93 Mn | 79.13 Mn | -1.26 Mn | -3.70% |
| 9 | Saga Communications | 56.13 Mn | 28.29 Mn | 20.50 Mn | 77.63% |
| 10 | Beasley Broadcast | 36.90 Mn | 30.20 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 53.39% |
| Mar 31, 2026 | 56.23% |
| Dec 31, 2025 | -73.31% |
| Sep 30, 2025 | 99.92% |
| Jun 30, 2025 | 54.68% |
| Mar 31, 2025 | 55.35% |
| Dec 31, 2024 | 62.47% |
| Sep 30, 2024 | 99.93% |
| 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% |