Business Description

Nexstar Media Group, Inc. is an American media company and the largest owner of local television stations in the United States. The company operates over 200 broadcast stations across 116 markets, reaching approximately 70% of U.S. television households. In addition to its local affiliates, Nexstar owns national properties including The CW Network, the cable news channel NewsNation, and digital media assets such as The Hill.

Everything on Nexstar Media Group, Inc.

Revenue (FY2025) $4.95B
YoY growth -8.5%
Operating margin 17.2%
Direction —
Gross margin 100.0%
Net margin 2.2%

Earnings Transcripts

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Leadership & board

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Perry A. Sook — Chairman and Chief Executive Officer View full profile ↗ Michael Biard — President and Chief Operating Officer View full profile ↗ Lee Ann Gliha — Executive Vice President and Chief Financial Officer View full profile ↗ Andrew Alford — President, Broadcasting View full profile ↗ Sean Compton — President, Networks View full profile ↗ Dan Lanzano — President, National Advertising Sales View full profile ↗ Dana Zimmer — President, Distribution and Strategy View full profile ↗ Brett Jenkins — Executive Vice President and Chief Technology and Digital Officer View full profile ↗ Rachel Morgan — Executive Vice President and General Counsel View full profile ↗ Blake Russell — Executive Vice President, Operations View full profile ↗ Gary Weitman — Executive Vice President and Chief Communications Officer View full profile ↗ Scott Weaver — Executive Vice President, Government Relations View full profile ↗ Geoff Armstrong — Lead Independent Director; Chair, Audit Committee View full profile ↗ Bernadette S. Aulestia — Independent Director View full profile ↗ Jay M. Grossman — Independent Director; Chair, Compensation Committee View full profile ↗ Ellen Johnson — Independent Director View full profile ↗ C. Thomas McMillen — Independent Director View full profile ↗ Lisbeth McNabb — Independent Director View full profile ↗ John R. Muse — Independent Director; Chair, Nominating and Corporate Governance Committee View full profile ↗ Tony Wells — Independent Director View full profile ↗

Share Repurchase Program

Remaining (Quarter ended December 31, 2025)
$1.4 billion

Named Competitors

FOX NewsMS NOWCNNNewsmaxNetflixAmazon Prime VideoRokuYouTubeGoogleMetaTikTokSnapchat

Customer Concentration

During the years ended December 31, 2025, 2024 and 2023, revenues from two customers each exceeded 10% of consolidated net revenues, representing approximately 13% for 2025, 12% for 2024, and 12% and 14% for 2023.

Recent SEC Filings

2026-06-16 Shareholder vote results (+1 more) View filing ↗
2026-05-07 Reported quarterly results View filing ↗
2026-05-01 Other event View filing ↗
2026-04-02 Entered a material agreement (+1 more) View filing ↗
2026-03-30 Entered a material agreement (+2 more) View filing ↗
2026-03-20 Regulation FD disclosure View filing ↗
2026-03-20 Entered a material agreement (+3 more) View filing ↗
2026-02-26 Reported quarterly results View filing ↗
2026-02-03 Other event View filing ↗
2025-11-06 Reported quarterly results View filing ↗
2025-10-31 Other event View filing ↗
2025-10-30 Leadership change (directors/officers) (+1 more) View filing ↗

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