secwatch.observer — SEC 8-K summary
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Issuer:     NEXSTAR MEDIA GROUP, INC. (NXST)
CIK:        0001142417
Form:       8-K
Filed at:   2026-08-06T11:03:28+00:00
Accession:  0001193125-26-336678
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nexstar posts record Q2 revenue of $2.0B; net income $113M, Adj. EBITDA $633M
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- Net revenue $1.99B (+62.2% YoY) driven by TEGNA acquisition and $147M political ad revenue.
- Adjusted EBITDA $633M (+62.7% YoY); Adjusted Free Cash Flow $238M (+135.6% YoY).
- Repaid $409M debt and paid $57M dividends in Q2; total debt $11.7B, net leverage 4.22x.
- TEGNA litigation ongoing: D.C. Circuit rejected challenges; trial set for July 6, 2027.
- Issued $1.725B Senior Unsecured Notes due 2034 to refinance $1.714B notes maturing 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1142417/000119312526336678/0001193125-26-336678-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1142417/000119312526336678/nxst-20260806.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-336678

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer