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Nexstar Media Group (NXST) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Nexstar Media Group Revenue Highlights

Latest Revenue (Y)

$5.41B

Latest Revenue (Q)

$1.27B

Main Segment (Y)

Distribution Service

Nexstar Media Group Revenue by Period

Nexstar Media Group Revenue by Year

DateRevenueChange
2024-12-31$5.41B9.61%
2023-12-31$4.93B-5.33%
2022-12-31$5.21B12.10%
2021-12-31$4.65B3.27%
2020-12-31$4.50B48.10%
2019-12-31$3.04B9.85%
2018-12-31$2.77B13.76%
2017-12-31$2.43B120.45%
2016-12-31$1.10B23.07%
2015-12-31$896.38M41.99%
2014-12-31$631.31M25.68%
2013-12-31$502.33M32.67%
2012-12-31$378.63M23.54%
2011-12-31$306.49M-2.19%
2010-12-31$313.35M24.36%
2009-12-31$251.98M-11.56%
2008-12-31$284.92M6.79%
2007-12-31$266.80M0.62%
2006-12-31$265.17M17.30%
2005-12-31$226.05M-8.01%
2004-12-31$245.74M14.65%
2003-12-31$214.33M60.14%
2002-12-31$133.84M-24.26%
2001-12-31$176.72M-8.25%
2000-12-31$192.62M22.33%
1999-12-31$157.45M-

Nexstar Media Group generated $5.41B in revenue during NA 2024, up 9.61% compared to the previous quarter, and up 177.90% compared to the same period a year ago.

Nexstar Media Group Revenue by Quarter

DateRevenueChange
2024-06-30$1.27B-1.17%
2024-03-31$1.28B-1.53%
2023-12-31$1.30B15.19%
2023-09-30$1.13B-8.71%
2023-06-30$1.24B-1.35%
2023-03-31$1.26B-15.45%
2022-12-31$1.49B17.15%
2022-09-30$1.27B1.93%
2022-06-30$1.25B2.89%
2022-03-31$1.21B-2.87%
2021-12-31$1.25B7.68%
2021-09-30$1.16B2.25%
2021-06-30$1.13B1.59%
2021-03-31$1.11B-19.08%
2020-12-31$1.38B23.11%
2020-09-30$1.12B22.26%
2020-06-30$914.63M-16.23%
2020-03-31$1.09B-0.75%
2019-12-31$1.10B65.78%
2019-09-30$663.58M2.24%
2019-06-30$649.01M3.57%
2019-03-31$626.65M-21.47%
2018-12-31$798.02M15.15%
2018-09-30$693.01M4.95%
2018-06-30$660.32M7.31%
2018-03-31$615.34M-5.86%
2017-12-31$653.66M6.83%
2017-09-30$611.87M-2.28%
2017-06-30$626.12M15.88%
2017-03-31$540.32M74.36%
2016-12-31$309.88M12.41%
2016-09-30$275.66M5.22%
2016-06-30$261.99M2.48%
2016-03-31$255.66M3.60%
2015-12-31$246.77M9.72%
2015-09-30$224.90M1.62%
2015-06-30$221.32M8.82%
2015-03-31$203.39M5.49%
2014-12-31$192.80M22.23%
2014-09-30$157.74M7.36%
2014-06-30$146.93M9.79%
2014-03-31$133.83M-3.11%
2013-12-31$138.12M9.80%
2013-09-30$125.79M-0.33%
2013-06-30$126.21M12.48%
2013-03-31$112.20M-3.42%
2012-12-31$116.17M29.15%
2012-09-30$89.95M1.22%
2012-06-30$88.86M6.24%
2012-03-31$83.64M-2.97%
2011-12-31$86.20M15.18%
2011-09-30$74.84M-0.88%
2011-06-30$75.50M7.95%
2011-03-31$69.94M-27.93%
2010-12-31$97.06M32.72%
2010-09-30$73.13M-1.90%
2010-06-30$74.54M8.62%
2010-03-31$68.63M-7.21%
2009-12-31$73.96M22.45%
2009-09-30$60.40M-2.82%
2009-06-30$62.15M12.05%
2009-03-31$55.47M-30.94%
2008-12-31$80.31M14.29%
2008-09-30$70.28M-0.49%
2008-06-30$70.62M10.84%
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/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Advertising$2.42B----
Distribution Service$2.93B----
Other$64.00M----
Corporate and Other-$88.00M$-152.79M--
Broadcast-$4.61B$5.03B$1.74B$4.41B
Other Segments--$173.70M--
Corporate Segment--$4.40M--
Corporate And Other----$90.74M

Nexstar Media Group's latest annual revenue breakdown by segment (product or service), as of Dec 24: Distribution Service (54.15%), Advertising (44.66%), and Other (1.18%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Advertising$1.28B$622.00M$512.00M-----------------
Distribution Service$1.45B$719.00M$761.00M-----------------
Other$28.00M$25.00M$11.00M-----------------
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$891.46M---
Corporate Segment----$-1.00M$-2.00M--------------
Other Segments----$96.00M$81.00M--------------
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

Nexstar Media Group's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Distribution Service (52.52%), Advertising (46.46%), and Other (1.02%).

Nexstar Media Group Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
FWONKFormula One Group$23.16B$911.00M
NWSANews$10.09B$2.24B
NXSTNexstar Media Group$5.41B$1.27B
LGF-ALions Gate Entertainment$4.02B$342.50M
SBGISinclair$3.55B$917.00M
AMCXAMC Networks$2.42B$599.61M
MSGSMadison Square Garden Sports$1.03B$357.76M
MCSMarcus$735.56M$232.67M
BATRAAtlanta Braves$662.75M$290.67M

NXST Revenue FAQ

What is Nexstar Media Group’s yearly revenue?

Nexstar Media Group's yearly revenue for 2024 was $5.41B, representing an increase of 9.61% compared to 2023. The company's yearly revenue for 2023 was $4.93B, representing a decrease of -5.33% compared to 2022. NXST's yearly revenue for 2022 was $5.21B, representing an increase of 12.10% compared to 2021.

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 (2022-2024) was 3.76%, and for the last 5 years (2020-2024) was 20.12%.

What are Nexstar Media Group’s revenue streams?

Nexstar Media Group's revenue streams in c 24 are Advertising, Distribution Service, and Other. Advertising generated $2.42B in revenue, accounting 44.66% of the company's total revenue Distribution Service generated $2.93B in revenue, accounting 54.15% of the company's total revenue Other generated $64M in revenue, accounting 1.18% of the company's total revenue

What is Nexstar Media Group’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Nexstar Media Group was Distribution Service. This segment made a revenue of $2.93B, representing 54.15% of the company's total revenue.