Nexstar Media Group (NXST) Revenue & Revenue Breakdown
Nexstar Media Group Revenue Highlights
Latest Revenue (Y)
$4.93B
Latest Revenue (Q)
$1.27B
Main Segment (Y)
Broadcast
Nexstar Media Group Revenue by Period
Nexstar Media Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $4.93B | -5.33% |
| 2022-12-31 | $5.21B | 12.10% |
| 2021-12-31 | $4.65B | 3.27% |
| 2020-12-31 | $4.50B | 48.10% |
| 2019-12-31 | $3.04B | 9.85% |
| 2018-12-31 | $2.77B | 13.76% |
| 2017-12-31 | $2.43B | 120.45% |
| 2016-12-31 | $1.10B | 23.07% |
| 2015-12-31 | $896.38M | 41.99% |
| 2014-12-31 | $631.31M | 25.68% |
| 2013-12-31 | $502.33M | 32.67% |
| 2012-12-31 | $378.63M | 23.54% |
| 2011-12-31 | $306.49M | -2.19% |
| 2010-12-31 | $313.35M | 24.36% |
| 2009-12-31 | $251.98M | -11.56% |
| 2008-12-31 | $284.92M | 6.79% |
| 2007-12-31 | $266.80M | 0.62% |
| 2006-12-31 | $265.17M | 17.30% |
| 2005-12-31 | $226.05M | -8.01% |
| 2004-12-31 | $245.74M | 14.65% |
| 2003-12-31 | $214.33M | 60.14% |
| 2002-12-31 | $133.84M | -24.26% |
| 2001-12-31 | $176.72M | -8.25% |
| 2000-12-31 | $192.62M | 22.33% |
| 1999-12-31 | $157.45M | - |
Nexstar Media Group generated $4.93B in revenue during NA 2023, up -5.33% compared to the previous quarter, and up 178.30% compared to the same period a year ago.
Nexstar Media Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.27B | -1.17% |
| 2024-03-31 | $1.28B | -1.53% |
| 2023-12-31 | $1.30B | 15.19% |
| 2023-09-30 | $1.13B | -8.71% |
| 2023-06-30 | $1.24B | -1.35% |
| 2023-03-31 | $1.26B | -15.45% |
| 2022-12-31 | $1.49B | 17.15% |
| 2022-09-30 | $1.27B | 1.93% |
| 2022-06-30 | $1.25B | 2.89% |
| 2022-03-31 | $1.21B | -2.87% |
| 2021-12-31 | $1.25B | 7.68% |
| 2021-09-30 | $1.16B | 2.25% |
| 2021-06-30 | $1.13B | 1.59% |
| 2021-03-31 | $1.11B | -19.08% |
| 2020-12-31 | $1.38B | 23.11% |
| 2020-09-30 | $1.12B | 22.26% |
| 2020-06-30 | $914.63M | -16.23% |
| 2020-03-31 | $1.09B | -0.75% |
| 2019-12-31 | $1.10B | 65.78% |
| 2019-09-30 | $663.58M | 2.24% |
| 2019-06-30 | $649.01M | 3.57% |
| 2019-03-31 | $626.65M | -21.47% |
| 2018-12-31 | $798.02M | 15.15% |
| 2018-09-30 | $693.01M | 4.95% |
| 2018-06-30 | $660.32M | 7.31% |
| 2018-03-31 | $615.34M | -5.86% |
| 2017-12-31 | $653.66M | 6.83% |
| 2017-09-30 | $611.87M | -2.28% |
| 2017-06-30 | $626.12M | 15.88% |
| 2017-03-31 | $540.32M | 74.36% |
| 2016-12-31 | $309.88M | 12.41% |
| 2016-09-30 | $275.66M | 5.22% |
| 2016-06-30 | $261.99M | 2.48% |
| 2016-03-31 | $255.66M | 3.60% |
| 2015-12-31 | $246.77M | 9.72% |
| 2015-09-30 | $224.90M | 1.62% |
| 2015-06-30 | $221.32M | 8.82% |
| 2015-03-31 | $203.39M | 5.49% |
| 2014-12-31 | $192.80M | 22.23% |
| 2014-09-30 | $157.74M | 7.36% |
| 2014-06-30 | $146.93M | 9.79% |
| 2014-03-31 | $133.83M | -3.11% |
| 2013-12-31 | $138.12M | 9.80% |
| 2013-09-30 | $125.79M | -0.33% |
| 2013-06-30 | $126.21M | 12.48% |
| 2013-03-31 | $112.20M | -3.42% |
| 2012-12-31 | $116.17M | 29.15% |
| 2012-09-30 | $89.95M | 1.22% |
| 2012-06-30 | $88.86M | 6.24% |
| 2012-03-31 | $83.64M | -2.97% |
| 2011-12-31 | $86.20M | 15.18% |
| 2011-09-30 | $74.84M | -0.88% |
| 2011-06-30 | $75.50M | 7.95% |
| 2011-03-31 | $69.94M | -27.93% |
| 2010-12-31 | $97.06M | 32.72% |
| 2010-09-30 | $73.13M | -1.90% |
| 2010-06-30 | $74.54M | 8.62% |
| 2010-03-31 | $68.63M | -7.21% |
| 2009-12-31 | $73.96M | 22.45% |
| 2009-09-30 | $60.40M | -2.82% |
| 2009-06-30 | $62.15M | 12.05% |
| 2009-03-31 | $55.47M | -30.94% |
| 2008-12-31 | $80.31M | 14.29% |
| 2008-09-30 | $70.28M | -0.49% |
| 2008-06-30 | $70.62M | 10.84% |
| 2008-03-31 | $63.71M | -10.96% |
| 2007-12-31 | $71.56M | - |
Nexstar Media Group generated $1.27B in revenue during Q2 2024, up -1.17% compared to the previous quarter, and up 100.95% compared to the same period a year ago.
Nexstar Media Group Revenue Breakdown
Nexstar Media Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Broadcast | $4.61B | $5.03B | $1.74B | $4.41B | - |
| Corporate and Other | $88.00M | $-152.79M | - | - | - |
| Other Segments | - | $173.70M | - | - | - |
| Corporate Segment | - | $4.40M | - | - | - |
| Corporate And Other | - | - | - | $90.74M | - |
| Net Broadcast Revenue | - | - | - | - | $3.04B |
Nexstar Media Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Broadcast (98.13%), and Corporate and Other (1.87%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Advertising | $512.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other | $11.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Distribution Service | $761.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Broadcast | - | $2.29B | $1.15B | $1.18B | $1.39B | $1.24B | $490.90M | $482.30M | $1.20B | $1.13B | $1.11B | $1.09B | $1.35B | $1.09B | $891.46M | - | - | - | - | - |
| Other Segments | - | - | $96.00M | $81.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Corporate Segment | - | - | $-1.00M | $-2.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Corporate and Other | - | - | - | - | - | $28.40M | $-46.40M | $42.21M | - | - | - | - | - | - | - | - | - | - | - | - |
| Corporate And Other | - | - | - | - | - | - | - | $-43.50M | $27.49M | $23.30M | $21.56M | $26.36M | $23.40M | $23.17M | - | - | - | - | - | - |
| Net Broadcast Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.09B | $1.10B | $663.58M | $649.01M | $626.65M |
Nexstar Media Group's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Distribution Service (59.27%), Advertising (39.88%), and Other (0.86%).
Nexstar Media Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| FWONA | Formula One Group | $22.75B | $3.17B |
| BATRA | Formula One Group | $22.75B | $282.88M |
| NWS | News | $10.09B | $2.42B |
| NXST | Nexstar Media Group | $4.93B | $1.27B |
| LGF-A | Lions Gate Entertainment | $4.02B | $834.70M |
| SBGI | Sinclair Broadcast Group | $3.13B | $829.00M |
| AMCX | AMC Networks | $2.71B | $625.93M |
| MSGS | Madison Square Garden Sports | $1.03B | $429.95M |
| MCS | Marcus | $729.58M | $176.03M |
NXST Revenue FAQ
What is Nexstar Media Group’s yearly revenue?
Nexstar Media Group's yearly revenue for 2023 was $4.93B, representing a decrease of -5.33% compared to 2022. The company's yearly revenue for 2022 was $5.21B, representing an increase of 12.10% compared to 2021. NXST's yearly revenue for 2021 was $4.65B, representing an increase of 3.27% compared to 2020.
What is Nexstar Media Group’s quarterly revenue?
Nexstar Media Group's quarterly revenue for Q2 2024 was $1.27B, a -1.17% decrease from the previous quarter (Q1 2024), and a 2.34% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.28B, a -1.53% decrease from the previous quarter (Q4 2023), and a 2.15% increase year-over-year (Q1 2023). NXST's quarterly revenue for Q4 2023 was $1.3B, a 15.19% increase from the previous quarter (Q3 2023), and a -12.29% decrease year-over-year (Q4 2022).
What is Nexstar Media Group’s revenue growth rate?
Nexstar Media Group's revenue growth rate for the last 3 years (2021-2023) was 6.12%, and for the last 5 years (2019-2023) was 62.31%.
What are Nexstar Media Group’s revenue streams?
Nexstar Media Group's revenue streams in c 23 are Broadcast, and Corporate and Other. Broadcast generated $4.61B in revenue, accounting 98.13% of the company's total revenue, down -8.38% year-over-year. Corporate and Other generated $88M in revenue, accounting 1.87% of the company's total revenue, down -157.60% year-over-year.
What is Nexstar Media Group’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Nexstar Media Group was Broadcast. This segment made a revenue of $4.61B, representing 98.13% of the company's total revenue.