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| 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 |