Nexstar Media Group, Inc. reported earnings results for the first quarter ended March 31, 2026. For the first quarter, the company reported sales was USD 1,396 million compared to USD 1,234 million a year ago. Net income was USD 164 million compared to USD 108 million a year ago.
Basic earnings per share from continuing operations was USD 5.22 compared to USD 3.41 a year ago. Diluted earnings per share from continuing operations was USD 5.09 compared to USD 3.37 a year ago.
Nexstar Media Group, Inc. is a diversified media company, which produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms. The Company's reportable broadcast segment includes television stations and related local websites that it owns, operates, programs or provides sales and other services to in various markets across the United States, NewsNation, a national cable news network, two owned and operated multicast networks and other multicast network services, and WGN-AM, a Chicago radio station. The other operating segments, The CW and digital businesses, focused on the national marketplace. Its divisions include television (TV) stations, networks, digital technology and operations, and ATSC 3.0. Its portfolio of digital assets, including its local TV station websites, The Hill and NewsNationNow.com. Its national television properties include The CW, NewsNation, Antenna TV, Rewind TV, and TV Food Network.
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