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
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