Nexstar Media (NXST) Operating Expenses (2011 - 2026)
Nexstar Media (NXST) reported Operating Expenses of $1.1 billion for Q1 2026, up 11.54% on a YoY basis from $1.0 billion in Q1 2025, and up 8.02% quarter-over-quarter from $1.0 billion in Q4 2025.
Nexstar Media (NXST) Operating Expenses (2011 - 2026) Analysis & Trends
Nexstar Media has reported Operating Expenses for 16 years, with the latest figure at $1.1 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 11.54% year-over-year to $1.1 billion; the trailing twelve-month figure through Mar 2026 stood at $4.2 billion (up 1.76% YoY), and the FY2025 full-year result was $4.1 billion, down 0.94% from the prior year.
- Operating Expenses for Q1 2026 stood at $1.1 billion, up from $1.0 billion in the prior quarter.
- The five-year high for Operating Expenses was $1.2 billion in Q4 2022, with the low at $881.0 million in Q1 2022.
- Historically, Operating Expenses has averaged $1.0 billion across 5 years, with a median of $1.0 billion in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses rose 29.52% — and 2023, when it decreased 10.06%.
- Nexstar Media's Operating Expenses stood at $1.2 billion in 2022, then declined by 10.06% to $1.1 billion in 2023, then dropped by 0.28% to $1.1 billion in 2024, then fell by 2.15% to $1.0 billion in 2025, then climbed by 8.02% to $1.1 billion in 2026.
- The last three Operating Expenses figures came in at $1.1 billion (Q1 2026), $1.0 billion (Q4 2025), and $1.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.40 Bn | 5.00 Bn | -505.00 Mn | 1.13 Bn |
| 2 | FuboTV | 3.40 Bn | 5.32 Bn | 348.72 Mn | 344.01 Mn |
| 3 | Newsmax | 970.61 Mn | 930.17 Mn | 21.36 Mn | 26.04 Mn |
| 4 | iHeartMedia | 620.04 Mn | 488.35 Mn | 509.13 Mn | 426.19 Mn |
| 5 | Gray Media | 389.45 Mn | 130.45 Mn | 213.00 Mn | 687.00 Mn |
| 6 | E.W. Scripps | 307.00 Mn | 223.28 Mn | 206.07 Mn | 492.10 Mn |
| 7 | CuriosityStream | 163.48 Mn | 154.27 Mn | 11.62 Mn | 22.57 Mn |
| 8 | Mediaco Holding | 68.20 Mn | 68.20 Mn | -3.44 Mn | 38.92 Mn |
| 9 | Saga Communications | 55.58 Mn | 25.14 Mn | 17.72 Mn | 22.01 Mn |
| 10 | Beasley Broadcast | 37.03 Mn | 30.60 Mn | - | 42.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 843.30 Mn |