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| Date | Value |
|---|---|
| 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 |