Jun 2026 (Q2 FY26) — Aug 6, 2026
Nexstar Q2 FY26 — Record Revenue and Strong Free Cash Flow Despite TEGNA Litigation
Read the full callNexstar (NXST) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Nexstar earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,993 | +62.2% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 18.2 | +0.8 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 120 | +23.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
$165.8 +0.74% · +$1.21
Performance +0.7% 1Y
1Y: $164.64 on 17 Oct 2025 → $165.8. High $189.39 (25 Aug 2026), low $150.79 (30 Mar 2026).
- Previous close
- $164.59
- 52-week range
- $150.79 – $189.39
- One year
- +1.92%
Overview
- Symbol
- NXST
- Sector
- Communication Services
- Exchange
- US
- Currency
- USD
Call summaries
Mar 2026 (Q1 FY26) — May 7, 2026
Nexstar Q1 FY26 — Strong Financials Amidst TEGNA Litigation
Read the full callDec 2025 (Q4 FY25) — Feb 26, 2026
Nexstar Q4 FY25 — Strong Execution and Strategic Progress Towards TEGNA Acquisition
Read the full callEvery analysed call
Nexstar earnings calls (NXST)
Financials
What the filings say
Net profit, year on year: +24% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,366 | 1,488 | 1,234 | 1,229 | 1,198 | 1,288 | 1,396 | 1,993 |
| Expenses | 1,031 | 1,070 | 1,014 | 1,016 | 1,023 | 1,047 | 1,131 | 1,631 |
| Operating profit | 335 | 418 | 220 | 213 | 175 | 241 | 265 | 362 |
| Operating margin | 24.5% | 28.1% | 17.8% | 17.3% | 14.6% | 18.7% | 19.0% | 18.2% |
| Interest | 113 | — | — | — | 94 | — | — | — |
| Profit before tax | 244 | 338 | 138 | 130 | 96 | -214 | 153 | 177 |
| Tax rate | 26.2% | 31.9% | 29.7% | 30.0% | 32.3% | 20.6% | −4.6% | 36.2% |
| Net profit | 187 | 242 | 108 | 97 | 70 | -166 | 164 | 120 |
| EPS ($ per share) | 5.34 | — | 3.41 | 3.09 | 2.16 | — | 5.22 | 3.65 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | — | — | — | 1 | 1 | — | — | — |
| Reserves | 620 | 779 | 1,488 | 2,204 | 3,033 | 3,188 | 3,671 | 3,537 |
| Total liabilities | 5,193 | 11,936 | 10,867 | 10,407 | 9,910 | 9,765 | 9,200 | 8,784 |
| Fixed assets | 732 | 1,290 | 1,605 | 1,513 | 1,262 | 1,269 | 1,207 | 1,158 |
| Total assets | 7,062 | 13,990 | 13,404 | 13,265 | 12,679 | 12,078 | 11,468 | 10,846 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 737 | 417 | 1,254 | 1,215 | 1,403 | 999 | 1,250 | 891 |
| Cash from investing | -176 | -4,702 | -40 | -232 | 125 | -173 | -102 | -173 |
| Cash from financing | -532 | 4,388 | -1,294 | -945 | -1,515 | -899 | -1,151 | -582 |
| Capital expenditure | -106 | -198 | -217 | -151 | -157 | -149 | -145 | -148 |
| Free cash flow | 631 | 220 | 1,037 | 1,064 | 1,246 | 850 | 1,105 | 743 |
NXST revenue by segment
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Reportable Broadcast | — | — | — | — | — | — | 88% | 62% | — |
| Reportable TEGNA | — | — | — | — | — | — | — | 35% | — |
| All Other Segments | 6% | 6% | 6% | 7% | 7% | 8% | 14% | 4% | -14.1% |
| Corporate | -1% | 3% | <1% | <1% | <1% | <1% | <1% | <1% | -50.0% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Insider filings
142 filings between Dec 20, 2025 and Sep 23, 2026.
Open market
decisions to buy or sellPurchases
$1.99M
1 purchase by 1 insider
Sales
$11.25M
61 sales by 16 insiders
Compensation
not trading decisions- 76
- Option exercise — converted options into shares
- 3
- Tax withheld — shares kept back by the company to cover tax
Also filed: 1 gift.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| ZIMMER DANA | — | $2.41M | Aug 14, 2026 |
| SOOK PERRY A | $1.99M | — | Jun 26, 2026 |
| COMPTON SEAN | — | $1.61M | Jun 16, 2026 |
| WEITMAN GARY | — | $1.25M | Jun 16, 2026 |
| Biard Michael | — | $1.25M | Aug 24, 2026 |
| ALFORD ANDREW | — | $1.12M | Sep 23, 2026 |
| Morgan Rachel | — | $775.7K | May 27, 2026 |
| Gliha Lee Ann | — | $674.6K | Jun 16, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 23, 2026 | ALFORD ANDREW President, Broadcasting | Sale | 2,823 | $467.7K |
| Aug 24, 2026 | Aulestia Bernadette S. Director | Sale | 300 | $56.0K |
| Aug 24, 2026 | Biard Michael President & COO | Sale | 2,465 | $458.0K |
| Aug 21, 2026 | Biard Michael President & COO | Option exercise | 6,250 | $0 |
| Aug 14, 2026 | ZIMMER DANA See Remarks | Sale | 4,008 | $751.4K |
| Jun 26, 2026 | SOOK PERRY A Chief Executive Officer | Purchase | 12,235 | $1.99M |
| Jun 16, 2026 | Knapp Lindsey EVP, Human Resources | Sale | 93 | $15.9K |
| Jun 16, 2026 | Jenkins Brett See Remarks | Sale | 301 | $51.4K |
| Jun 16, 2026 | ZIMMER DANA See Remarks | Sale | 876 | $149.6K |
| Jun 16, 2026 | COMPTON SEAN President, Networks | Sale | 840 | $143.5K |
| Jun 16, 2026 | ALFORD ANDREW President, Broadcasting | Sale | 746 | $127.4K |
| Jun 16, 2026 | WEITMAN GARY See Remarks | Sale | 261 | $44.6K |
| Jun 16, 2026 | Gliha Lee Ann EVP, Chief Financial Officer | Sale | 373 | $63.7K |
| Jun 16, 2026 | Russell Blake EVP, Operations | Sale | 261 | $44.6K |
| Jun 14, 2026 | Jenkins Brett See Remarks | Option exercise | 656 | — |
| Jun 14, 2026 | ZIMMER DANA See Remarks | Option exercise | 938 | — |
| Jun 14, 2026 | ALFORD ANDREW President, Broadcasting | Option exercise | 938 | — |
| Jun 14, 2026 | Gliha Lee Ann EVP, Chief Financial Officer | Option exercise | 938 | — |
| Jun 14, 2026 | WEITMAN GARY See Remarks | Option exercise | 656 | — |
| Jun 14, 2026 | Russell Blake EVP, Operations | Option exercise | 656 | — |
| Jun 14, 2026 | Knapp Lindsey EVP, Human Resources | Option exercise | 375 | — |
| Jun 14, 2026 | COMPTON SEAN President, Networks | Option exercise | 938 | — |
| Jun 12, 2026 | Biard Michael President & COO | Sale | 1,227 | $213.8K |
| Jun 12, 2026 | WEITMAN GARY See Remarks | Sale | 194 | $33.8K |
| Jun 10, 2026 | COMPTON SEAN President, Networks | Sale | 875 | $154.4K |
| Jun 10, 2026 | Russell Blake EVP, Operations | Sale | 239 | $42.2K |
| Jun 10, 2026 | ALFORD ANDREW President, Broadcasting | Sale | 778 | $137.3K |
| Jun 10, 2026 | Gliha Lee Ann EVP, Chief Financial Officer | Sale | 752 | $132.7K |
| Jun 10, 2026 | ZIMMER DANA See Remarks | Sale | 915 | $161.4K |
| Jun 10, 2026 | Jenkins Brett See Remarks | Sale | 284 | $50.1K |
| Jun 10, 2026 | WEITMAN GARY See Remarks | Option exercise | 750 | — |
| Jun 9, 2026 | McMillen Charles Thomas Director | Sale | 1,000 | $180.0K |
| Jun 8, 2026 | ALFORD ANDREW President, Broadcasting | Option exercise | 938 | — |
| Jun 8, 2026 | ALFORD ANDREW President, Broadcasting | Option exercise | 1,000 | — |
| Jun 8, 2026 | ALFORD ANDREW President, Broadcasting | Option exercise | 938 | — |
| Jun 8, 2026 | Biard Michael President & COO | Option exercise | 3,108 | — |
| Jun 8, 2026 | ZIMMER DANA See Remarks | Option exercise | 938 | — |
| Jun 8, 2026 | ZIMMER DANA See Remarks | Option exercise | 938 | — |
| Jun 8, 2026 | ZIMMER DANA See Remarks | Option exercise | 1,000 | — |
| Jun 8, 2026 | COMPTON SEAN President, Networks | Option exercise | 938 | — |
| Jun 8, 2026 | COMPTON SEAN President, Networks | Option exercise | 938 | — |
| Jun 8, 2026 | COMPTON SEAN President, Networks | Option exercise | 1,000 | — |
| Jun 6, 2026 | Russell Blake EVP, Operations | Option exercise | 750 | — |
| Jun 6, 2026 | Jenkins Brett See Remarks | Option exercise | 750 | — |
| Jun 6, 2026 | Gliha Lee Ann EVP, Chief Financial Officer | Option exercise | 1,875 | — |
| Jun 4, 2026 | COMPTON SEAN President, Networks | Sale | 414 | $75.5K |
| Jun 4, 2026 | ALFORD ANDREW President, Broadcasting | Sale | 368 | $67.1K |
| Jun 4, 2026 | Jenkins Brett See Remarks | Sale | 397 | $72.4K |
| Jun 4, 2026 | Gliha Lee Ann EVP, Chief Financial Officer | Sale | 258 | $47.1K |
| Jun 4, 2026 | ZIMMER DANA See Remarks | Sale | 433 | $79.0K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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