Nexstar Media NXST
NASDAQ NXST
$164.91 -4.24 (-2.50%)
As of: Sep 9, 2026 · 3:59 PM EDT

Nexstar Media (NXST) Operating Expenses (2011 - 2026)

Nexstar Media's (NXST) quarterly Operating Expenses came in at $1.6 billion in Q2 2026, up 60.53% on a YoY basis from $1.0 billion in Q2 2025, and up 44.21% quarter-over-quarter from $1.1 billion in Q1 2026.

Analysis

Nexstar Media (NXST) Operating Expenses (2011 - 2026) Analysis & Trends

Nexstar Media (NXST) has reported Operating Expenses for 16 consecutive years, with $1.6 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 60.53% year-over-year to $1.6 billion; the trailing twelve-month figure through Jun 2026 stood at $4.8 billion (up 16.97% YoY), and the FY2025 full-year result was $4.1 billion, down 0.94% from the prior year.
  • Operating Expenses advanced to $1.6 billion in Q2 2026 per NXST's latest filing, from $1.1 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.6 billion in Q2 2026 and bottomed at $881.0 million in Q1 2022.
  • Historically, Operating Expenses has averaged $1.1 billion across 5 years, with a median of $1.0 billion in 2023.
  • The sharpest annual moves came in 2023 and 2026: Operating Expenses slipped 10.06% in 2023, then soared 60.53% in 2026.
  • Over 5 years, Operating Expenses stood at $1.2 billion in 2022, then retreated by 10.06% to $1.1 billion in 2023, then fell by 0.28% to $1.1 billion in 2024, then decreased by 2.15% to $1.0 billion in 2025, then soared by 55.78% to $1.6 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $1.6 billion, $1.1 billion, and $1.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Warner Bros. Discovery 70.20 Bn 66.83 Bn 4.10 Bn 8.48 Bn
2 Fox 24.58 Bn 20.37 Bn - 2.38 Bn
3 Paramount Skydance 11.36 Bn 8.09 Bn -2.08 Bn -4.64 Bn
4 Versant Media 5.24 Bn 3.76 Bn 994.00 Mn 1.28 Bn
5 Nexstar Media 5.04 Bn 4.82 Bn 1.06 Bn 1.63 Bn
6 Newsmax 1.37 Bn 1.32 Bn 23.33 Mn 22.03 Mn
7 AMC Global Media 497.91 Mn 33.91 Mn 258.71 Mn 531.64 Mn
8 Gray Media 466.48 Mn 290.48 Mn 270.00 Mn 703.00 Mn
9 Starz Entertainment 423.11 Mn 321.01 Mn - -
10 E.W. Scripps 289.16 Mn 276.12 Mn 196.33 Mn 1.65 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.63 Bn
Mar 31, 2026 1.13 Bn
Dec 31, 2025 1.05 Bn
Sep 30, 2025 1.02 Bn
Jun 30, 2025 1.02 Bn
Mar 31, 2025 1.01 Bn
Dec 31, 2024 1.07 Bn
Sep 30, 2024 1.03 Bn
Jun 30, 2024 1.03 Bn
Mar 31, 2024 1.01 Bn
Dec 31, 2023 1.07 Bn
Sep 30, 2023 1.04 Bn
Jun 30, 2023 1.06 Bn
Mar 31, 2023 1.05 Bn
Dec 31, 2022 1.19 Bn
Sep 30, 2022 913.00 Mn
Jun 30, 2022 911.00 Mn
Mar 31, 2022 881.00 Mn
Dec 31, 2021 921.10 Mn
Sep 30, 2021 879.60 Mn