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
DateValue
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