earnings
confidence high
sentiment negative
materiality 0.75
Nexstar Q4 net loss $170M; revenue down 13.4% to $1.29B; guides FY26 EBITDA $1.95-2.05B
NEXSTAR MEDIA GROUP, INC.
2025-FY EPS reported
$3.00
revenue$4,949,000,000
- Q4 net loss of $170M vs net income of $229M a year ago; Adjusted EBITDA $433M, down 31.1% YoY.
- Net revenue $1.29B down 13.4% YoY; political ad revenue plunged $233M to $21M; non-political ads up 4.5%.
- Distribution revenue $720M up 0.8% YoY; advertising revenue $549M down 27.6%.
- Proposed $6.2B TEGNA acquisition; expects close by H2 2026, subject to regulatory approvals.
- FY 2026 standalone adjusted EBITDA guidance range $1.95B to $2.05B; The CW reduced losses 32% YoY.