Nexstar Media (NXST) Shares Outstanding (Diluted) (2010 - 2026)
Nexstar Media's Shares Outstanding (Diluted) was 30.91 million in Q2 2026, up 1.3% from 30.51 million a year earlier but down 0.8% from the prior quarter.
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Analysis
Nexstar Media (NXST) Shares Outstanding (Diluted) (2010 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Diluted) at Nexstar Media came in at 30.71 million, down 6.4% from FY2024.
- Shares Outstanding (Diluted) has now declined for six consecutive years, with a five-year compound annual growth rate of -8.1% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Diluted) was 32.8 million in FY2024 (-8.5%), 35.83 million in FY2023 (-10.8%), 40.19 million in FY2022 (-8.6%) and 43.98 million in FY2021 (-5.9%).
- Quarterly Shares Outstanding (Diluted) has moved between 30.51 million (Q2 2025) and 43.98 million (Q4 2021) over five years.
- Compared with a year earlier, Shares Outstanding (Diluted) was higher in two of the last eight quarters, with an average decline of 5.5%.
- The best year-over-year quarter for Shares Outstanding (Diluted) over five years was Q2 2026 (growth of 1.3%); the worst was Q2 2023 (a decline of 11.2%).
- Per Business Quant data, NXST's Shares Outstanding (Diluted) in the three quarters before Q2 2026 was 31.17 million (Q1 2026), 30.71 million (Q4 2025) and 30.65 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.62 Bn | 63.29 Bn | 4.10 Bn | 2.58 Bn |
| 2 | Fox | 26.41 Bn | 12.32 Bn | - | 439.00 Mn |
| 3 | Omnicom | 20.49 Bn | 3.19 Bn | 1.30 Bn | 281.00 Mn |
| 4 | News | 15.94 Bn | 8.13 Bn | - | 558.40 Mn |
| 5 | Paramount Skydance | 10.35 Bn | 8.27 Bn | - | 1.10 Bn |
| 6 | Pearson | 10.28 Bn | 7.42 Bn | - | 660.30 Mn |
| 7 | New York Times | 10.22 Bn | 7.71 Bn | 394.61 Mn | 163.04 Mn |
| 8 | Sirius Xm Holdings | 8.64 Bn | 8.22 Bn | 1.44 Bn | 342.00 Mn |
| 9 | 36Kr Holdings | 6.29 Bn | 6.23 Bn | - | 1.06 Bn |
| 10 | Nexstar Media | 4.89 Bn | 3.69 Bn | 1.06 Bn | 30.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.91 Mn |
| Mar 31, 2026 | 31.17 Mn |
| Dec 31, 2025 | 30.71 Mn |
| Sep 30, 2025 | 30.65 Mn |
| Jun 30, 2025 | 30.51 Mn |
| Mar 31, 2025 | 30.93 Mn |
| Dec 31, 2024 | 32.80 Mn |
| Sep 30, 2024 | 32.44 Mn |
| Jun 30, 2024 | 33.29 Mn |
| Mar 31, 2024 | 34.02 Mn |
| Dec 31, 2023 | 35.83 Mn |
| Sep 30, 2023 | 35.37 Mn |
| Jun 30, 2023 | 36.31 Mn |
| Mar 31, 2023 | 37.45 Mn |
| Dec 31, 2022 | 40.19 Mn |
| Sep 30, 2022 | 39.56 Mn |
| Jun 30, 2022 | 40.90 Mn |
| Mar 31, 2022 | 42.00 Mn |
| Dec 31, 2021 | 43.98 Mn |
| Sep 30, 2021 | 43.48 Mn |
API Access
Nexstar Media Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=NXST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "NXST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=NXST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();