Nexstar Media (NXST) Tax Provisions (2011 - 2026)
Nexstar Media (NXST) reported Tax Provisions of -$7.0 million for Q1 2026, down 117.07% on a YoY basis from $41.0 million in Q1 2025, and up 84.09% quarter-over-quarter from -$44.0 million in Q4 2025.
Nexstar Media (NXST) Tax Provisions (2011 - 2026) Analysis & Trends
Nexstar Media has reported Tax Provisions for 16 years, with the latest figure at -$7.0 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 117.07% year-over-year to -$7.0 million; the trailing twelve-month figure through Mar 2026 stood at $19.0 million (down 92.55% YoY), and the FY2025 full-year result was $67.0 million, down 75.72% from the prior year.
- Tax Provisions for Q1 2026 stood at -$7.0 million, up from -$44.0 million in the prior quarter.
- The five-year high for Tax Provisions was $170.0 million in Q4 2022, with the low at -$44.0 million in Q4 2025.
- Historically, Tax Provisions has averaged $49.5 million across 5 years, with a median of $43.0 million in 2024.
- Annual changes were most pronounced in 2024 — Tax Provisions soared 966.67% — and 2025, when it tumbled 141.12%.
- Nexstar Media's Tax Provisions stood at $170.0 million in 2022, then sank by 71.76% to $48.0 million in 2023, then jumped by 122.92% to $107.0 million in 2024, then plunged by 141.12% to -$44.0 million in 2025, then jumped by 84.09% to -$7.0 million in 2026.
- The last three Tax Provisions figures came in at -$7.0 million (Q1 2026), -$44.0 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 | 5.44 Bn | 5.04 Bn | -505.00 Mn | -7.00 Mn |
| 2 | FuboTV | 3.41 Bn | 5.34 Bn | 348.72 Mn | -1.24 Mn |
| 3 | Newsmax | 996.58 Mn | 956.14 Mn | 21.36 Mn | -70,429.00 |
| 4 | iHeartMedia | 598.23 Mn | 466.54 Mn | 509.13 Mn | 289,000.00 |
| 5 | Gray Media | 394.79 Mn | 135.79 Mn | 213.00 Mn | -8.00 Mn |
| 6 | E.W. Scripps | 304.31 Mn | 220.58 Mn | 206.07 Mn | -2.66 Mn |
| 7 | CuriosityStream | 163.77 Mn | 154.55 Mn | 11.62 Mn | - |
| 8 | Mediaco Holding | 58.80 Mn | 58.80 Mn | -3.44 Mn | 1.32 Mn |
| 9 | Saga Communications | 54.09 Mn | 23.65 Mn | 17.72 Mn | 75,000.00 |
| 10 | Beasley Broadcast | 38.85 Mn | 32.43 Mn | - | 1.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.00 Mn |
| Dec 31, 2025 | -44.00 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 | 48.00 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 | 66.70 Mn |
| Sep 30, 2021 | 65.90 Mn |
| Jun 30, 2021 | 70.70 Mn |