Nexstar Media Group (NXST) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

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	-	-	-
Corporate Segment	-	$4.40M	-	-	-
Other Segments	-	$173.70M	-	-	-
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	Sep 24	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
Distribution Service	$719.00M	$761.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other	$25.00M	$11.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advertising	$622.00M	$512.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	$649.01M

Nexstar Media Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Distribution Service (52.64%), Advertising (45.53%), and Other (1.83%).

Nexstar Media Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FWONA	Formula One Group	$22.75B	$988.00M
BATRA	Formula One Group	$22.75B	$290.67M
NWS	News	$10.09B	$2.58B
NXST	Nexstar Media Group	$4.93B	$1.27B
LGF-A	Lions Gate Entertainment	$4.02B	$251.60M
SBGI	Sinclair Broadcast Group	$3.13B	$917.00M
AMCX	AMC Networks	$2.71B	$599.61M
MSGS	Madison Square Garden Sports	$1.03B	$53.31M
MCS	Marcus	$729.58M	$232.67M

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.