Nexstar Media (NXST) Tax Provisions (2011 - 2026)
Nexstar Media's (NXST) quarterly Tax Provisions came in at -$7.0 million in Q1 2026, down 117.07% YoY from $41.0 million in Q1 2025, and up 91.14% on a QoQ basis from -$79.0 million in Q4 2025.
Nexstar Media (NXST) Tax Provisions (2011 - 2026) Analysis & Trends
Nexstar Media (NXST) has 16 years of Tax Provisions data on file, last reported at -$7.0 million in Q1 2026.
- Quarterly Tax Provisions fell 117.07% year-over-year to -$7.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$16.0 million (down 106.27% YoY) and the FY2025 annual result came in at $32.0 million, down 88.41% from the prior year.
- Tax Provisions rose to -$7.0 million in Q1 2026, from -$79.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $170.0 million in Q4 2022 to a low of -$79.0 million in Q4 2025.
- A 5-year average of $40.8 million and a median of $42.0 million in 2023 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2024 — Tax Provisions soared 966.67% — and 2025, when it sank 173.83%.
- Tracing NXST's Tax Provisions over 5 years: stood at $170.0 million in 2022, then tumbled by 138.24% to -$65.0 million in 2023, then soared by 264.62% to $107.0 million in 2024, then slumped by 173.83% to -$79.0 million in 2025, then jumped by 91.14% to -$7.0 million in 2026.
- The last three Tax Provisions figures came in at -$7.0 million (Q1 2026), -$79.0 million (Q4 2025), and $31.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.70 Bn | 5.48 Bn | 1.06 Bn | 64.00 Mn |
| 2 | Newsmax | 1.40 Bn | 1.35 Bn | 23.33 Mn | - |
| 3 | Gray Media | 482.16 Mn | 306.16 Mn | 270.00 Mn | 5.00 Mn |
| 4 | iHeartMedia | 440.79 Mn | 266.35 Mn | 576.68 Mn | 19.98 Mn |
| 5 | E.W. Scripps | 300.67 Mn | 287.63 Mn | 196.33 Mn | -57.02 Mn |
| 6 | FuboTV | 298.77 Mn | -153.64 Mn | 399.10 Mn | -1.21 Mn |
| 7 | CuriosityStream | 164.84 Mn | 116.45 Mn | 16.93 Mn | 434,000.00 |
| 8 | Mediaco Holding | 88.37 Mn | 86.56 Mn | -1.26 Mn | -150,000.00 |
| 9 | Saga Communications | 55.91 Mn | 28.06 Mn | 20.50 Mn | 150,000.00 |
| 10 | Beasley Broadcast | 37.55 Mn | 30.85 Mn | - | 7.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 64.00 Mn |
| Mar 31, 2026 | -7.00 Mn |
| Dec 31, 2025 | -79.00 Mn |
| Sep 30, 2025 | 31.00 Mn |
| Jun 30, 2025 | 39.00 Mn |
| Mar 31, 2025 | 41.00 Mn |
| Dec 31, 2024 | 107.00 Mn |
| Sep 30, 2024 | 64.00 Mn |
| Jun 30, 2024 | 43.00 Mn |
| Mar 31, 2024 | 61.00 Mn |
| Dec 31, 2023 | -65.00 Mn |
| Sep 30, 2023 | 6.00 Mn |
| Jun 30, 2023 | 35.00 Mn |
| Mar 31, 2023 | 42.00 Mn |
| Dec 31, 2022 | 170.00 Mn |
| Sep 30, 2022 | 82.00 Mn |
| Jun 30, 2022 | 72.00 Mn |
| Mar 31, 2022 | 52.00 Mn |
| Dec 31, 2021 | -153.30 Mn |
| Sep 30, 2021 | 65.90 Mn |