Nexstar Media (NXST) Long-Term Investments (2018 - 2026)
Nexstar Media (NXST) recorded Long-Term Investments of $387 million in Q2 2026, down 50.1% from $776 million a year earlier but up 5.4% from the prior quarter.
Nexstar Media (NXST) Long-Term Investments (2018 - 2026) Analysis & Trends
At the end of FY2025, Nexstar Media reported Long-Term Investments of $396 million, down 54.8% from FY2024.
- Annual Long-Term Investments has declined for six straight years, with a five-year compound annual growth rate of -21.6% (FY2020 to FY2025).
- Across earlier years, Long-Term Investments came in at $877 million in FY2024 (-8.5%), $958 million in FY2023 (-14.4%), $1.12 billion in FY2022 (-8.2%) and $1.22 billion in FY2021 (-8.6%).
- Quarterly Long-Term Investments has ranged from $367 million in Q1 2026 to $1.22 billion in Q4 2021 over the past five years.
- On a year-over-year basis, Long-Term Investments has declined for 24 consecutive quarters, with an average decline of 25.5% over the last eight quarters.
- Across the past five years, year-over-year decline in Long-Term Investments ran from 6.5% in Q1 2024 to 54.8% in Q4 2025.
- Per Business Quant, the preceding three quarters came in at $367 million (Q1 2026), $396 million (Q4 2025) and $774 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.60 Bn | 63.26 Bn | 4.10 Bn | - |
| 2 | Fox | 26.84 Bn | 12.75 Bn | - | - |
| 3 | Omnicom | 20.35 Bn | 3.05 Bn | 1.30 Bn | 51.00 Mn |
| 4 | News | 15.97 Bn | 8.16 Bn | - | 1.00 Bn |
| 5 | Paramount Skydance | 10.53 Bn | 8.45 Bn | - | - |
| 6 | Pearson | 10.25 Bn | 7.39 Bn | - | 14.63 Mn |
| 7 | New York Times | 10.06 Bn | 7.55 Bn | 394.61 Mn | 555.50 Mn |
| 8 | Sirius Xm Holdings | 8.67 Bn | 8.25 Bn | 1.44 Bn | 873.00 Mn |
| 9 | 36Kr Holdings | 5.97 Bn | 5.91 Bn | - | 11.30 Mn |
| 10 | Nexstar Media | 4.79 Bn | 3.59 Bn | 1.06 Bn | 387.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 387.00 Mn |
| Mar 31, 2026 | 367.00 Mn |
| Dec 31, 2025 | 396.00 Mn |
| Sep 30, 2025 | 774.00 Mn |
| Jun 30, 2025 | 776.00 Mn |
| Mar 31, 2025 | 775.00 Mn |
| Dec 31, 2024 | 877.00 Mn |
| Sep 30, 2024 | 869.00 Mn |
| Jun 30, 2024 | 856.00 Mn |
| Mar 31, 2024 | 859.00 Mn |
| Dec 31, 2023 | 958.00 Mn |
| Sep 30, 2023 | 946.00 Mn |
| Jun 30, 2023 | 927.00 Mn |
| Mar 31, 2023 | 919.00 Mn |
| Dec 31, 2022 | 1.12 Bn |
| Sep 30, 2022 | 1.09 Bn |
| Jun 30, 2022 | 1.06 Bn |
| Mar 31, 2022 | 1.06 Bn |
| Dec 31, 2021 | 1.22 Bn |
| Sep 30, 2021 | 1.19 Bn |
Nexstar Media Long-Term Investments 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=long-term-investments&ticker=NXST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "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=long-term-investments&ticker=NXST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();