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

Nexstar Media (NXST) posted Operating Expenses of $1.1 billion for Q1 2026, up 8.02% on a QoQ basis from $1.0 billion in Q4 2025, and up 11.54% year-over-year from $1.0 billion in Q1 2025.

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

Nexstar Media's Operating Expenses history runs 16 years deep, the most recent figure standing at $1.1 billion for Q1 2026.

  • Quarterly Operating Expenses rose 11.54% year-over-year to $1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.2 billion (up 1.76% YoY) and the FY2025 annual result came in at $4.1 billion, down 0.94% from the prior year.
  • Operating Expenses was $1.1 billion for Q1 2026 at Nexstar Media, up from $1.0 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.2 billion in Q4 2022 and bottomed at $881.0 million in Q1 2022.
  • A 5-year average of $1.0 billion and a median of $1.0 billion in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses climbed 29.52% — and 2023, when it declined 10.06%.
  • Nexstar Media's 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 increased by 8.02% to $1.1 billion in 2026.
  • Business Quant data shows NXST's Operating Expenses at $1.1 billion in Q1 2026, $1.0 billion in Q4 2025, and $1.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Nexstar Media 5.66 Bn 5.23 Bn 785.00 Mn 1.13 Bn
2 Newsmax 840.22 Mn 799.79 Mn 21.36 Mn 26.04 Mn
3 iHeartMedia 565.51 Mn 430.46 Mn 509.13 Mn 426.19 Mn
4 Gray Media 389.45 Mn 130.45 Mn 213.00 Mn 687.00 Mn
5 E.W. Scripps 268.40 Mn 184.68 Mn 206.07 Mn 492.10 Mn
6 FuboTV 251.35 Mn -201.06 Mn 399.10 Mn 344.01 Mn
7 CuriosityStream 140.99 Mn 107.64 Mn 11.62 Mn 22.57 Mn
8 Mediaco Holding 83.31 Mn 80.20 Mn -3.44 Mn 38.92 Mn
9 Saga Communications 51.99 Mn 21.56 Mn 17.72 Mn 22.01 Mn
10 Beasley Broadcast 37.48 Mn 31.05 Mn - 42.17 Mn

Historic Data

Download Data
DateValue
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