Nexstar Media (NXST) Tax Provisions (2011 - 2026)

Nexstar Media (NXST) posted Tax Provisions of -$7.0 million for Q1 2026, up 91.14% on a QoQ basis from -$79.0 million in Q4 2025, and down 117.07% year-over-year from $41.0 million in Q1 2025.

Nexstar Media (NXST) Tax Provisions (2011 - 2026) Analysis & Trends

Nexstar Media's Tax Provisions history runs 16 years deep, the most recent figure standing at -$7.0 million for 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 was -$7.0 million for Q1 2026 at Nexstar Media, up from -$79.0 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $170.0 million in Q4 2022 and bottomed at -$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 plunged 173.83%.
  • Nexstar Media's Tax Provisions stood at $170.0 million in 2022, then sank by 138.24% to -$65.0 million in 2023, then surged by 264.62% to $107.0 million in 2024, then plunged by 173.83% to -$79.0 million in 2025, then soared by 91.14% to -$7.0 million in 2026.
  • Business Quant data shows NXST's Tax Provisions at -$7.0 million in Q1 2026, -$79.0 million in Q4 2025, and $31.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Nexstar Media 5.66 Bn 5.23 Bn 785.00 Mn -7.00 Mn
2 Newsmax 840.22 Mn 799.79 Mn 21.36 Mn -70,429.00
3 iHeartMedia 565.51 Mn 430.46 Mn 509.13 Mn 289,000.00
4 Gray Media 389.45 Mn 130.45 Mn 213.00 Mn -8.00 Mn
5 E.W. Scripps 268.40 Mn 184.68 Mn 206.07 Mn -2.66 Mn
6 FuboTV 251.35 Mn -201.06 Mn 399.10 Mn -1.20 Mn
7 CuriosityStream 140.99 Mn 107.64 Mn 11.62 Mn -
8 Mediaco Holding 83.31 Mn 80.20 Mn -3.44 Mn 1.32 Mn
9 Saga Communications 51.99 Mn 21.56 Mn 17.72 Mn -670,000.00
10 Beasley Broadcast 37.48 Mn 31.05 Mn - 1.33 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 70.70 Mn