Nexstar Media (NXST) Gross Margin (2011 - 2026)
Nexstar Media (NXST) posted Gross Margin of 53.39% for Q2 2026, down 1.29 percentage points from 54.68% a year earlier and down 2.85 percentage points from the prior quarter.
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Analysis
Nexstar Media (NXST) Gross Margin (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Nexstar Media was 54.61%, down 3.46 percentage points year-over-year; for FY2025, it came in at 54.84%, down 4.08 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of -6.94 percentage points (FY2020 to FY2025).
- In prior years, Nexstar Media's Gross Margin was 58.92% in FY2024 (+2.57 pp), 56.36% in FY2023 (-5.17 pp), 61.52% in FY2022 (+1.58 pp) and 59.94% in FY2021 (-1.84 pp).
- Quarterly Gross Margin has run from a low of 52.56% in Q3 2023 to a high of 66.24% in Q4 2022 over five years.
- On a year-over-year basis, Gross Margin increased in three of the last eight quarters, with an average year-over-year change of -0.76 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2024, with a gain of 6.22 percentage points; the weakest was Q4 2023, with a drop of 7.65 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 56.23% (Q1 2026), 56.17% (Q4 2025) and 53.09% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.62 Bn | 63.29 Bn | 4.10 Bn | 46.99% |
| 2 | Fox | 27.00 Bn | 12.91 Bn | - | - |
| 3 | Omnicom | 20.21 Bn | 2.90 Bn | 1.30 Bn | 19.78% |
| 4 | News | 15.94 Bn | 8.14 Bn | - | - |
| 5 | Paramount Skydance | 11.45 Bn | 9.37 Bn | - | - |
| 6 | New York Times | 10.22 Bn | 7.71 Bn | 394.61 Mn | 51.76% |
| 7 | Pearson | 10.20 Bn | 7.34 Bn | - | - |
| 8 | Sirius Xm Holdings | 8.72 Bn | 8.30 Bn | 1.44 Bn | 66.57% |
| 9 | 36Kr Holdings | 5.91 Bn | 5.85 Bn | - | - |
| 10 | Nexstar Media | 4.98 Bn | 3.78 Bn | 1.06 Bn | 53.39% |
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% |
API Access
Nexstar Media Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NXST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NXST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NXST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();