Nexstar Media (NXST) Gross Margin (2011 - 2026)
Nexstar Media (NXST) posted Gross Margin of 56.23% for Q1 2026, up 176.7% on a QoQ basis from 73.31% in Q4 2025, and up 88.0% year-over-year from 29.91% in Q1 2025.
Nexstar Media (NXST) Gross Margin (2011 - 2026) Analysis & Trends
Nexstar Media's Gross Margin history runs 16 years deep, the most recent figure standing at 56.23% for 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 was 56.23% for Q1 2026 at Nexstar Media, up from 73.31% in the prior quarter.
- Across five years, Gross Margin topped out at 99.93% in Q3 2024 and bottomed at 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 plunged 13579 bps.
- Nexstar Media's 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 tumbled by 217 bps to 73.31% in 2025, then jumped by 177 bps to 56.23% in 2026.
- Business Quant data shows NXST's Gross Margin at 56.23% in Q1 2026, 73.31% in Q4 2025, and 99.92% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.66 Bn | 5.23 Bn | 785.00 Mn | 56.23% |
| 2 | Newsmax | 840.22 Mn | 799.79 Mn | 21.36 Mn | 294.45% |
| 3 | iHeartMedia | 565.51 Mn | 430.46 Mn | 509.13 Mn | 57.58% |
| 4 | Gray Media | 389.45 Mn | 130.45 Mn | 213.00 Mn | 27.73% |
| 5 | E.W. Scripps | 268.40 Mn | 184.68 Mn | 206.07 Mn | 39.87% |
| 6 | FuboTV | 251.35 Mn | -201.06 Mn | 399.10 Mn | 106.36% |
| 7 | CuriosityStream | 140.99 Mn | 107.64 Mn | 11.62 Mn | 60.51% |
| 8 | Mediaco Holding | 83.31 Mn | 80.20 Mn | -3.44 Mn | -10.95% |
| 9 | Saga Communications | 51.99 Mn | 21.56 Mn | 17.72 Mn | 77.48% |
| 10 | Beasley Broadcast | 37.48 Mn | 31.05 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 59.14% |