Nexstar FY26 Q2 net income rises 24.2% to $113 million; net revenue climbs 62.2% to $1.66 billion

Reuters2026/08/06 11:16

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Nexstar posted Q2 net revenue of $1.66 billion, up 62.2% year over year, on incremental contributions from the TEGNA deal.
Net income climbed 24.2% to $113 million; net income margin narrowed 1.7 percentage points to 5.7%.
Adjusted EBITDA (non-GAAP) rose 62.7% to $633 million, keeping margin essentially flat at 31.8%.
Adjusted free cash flow (non-GAAP) more than doubled to $238 million; it repaid $406 million of debt and paid $57 million in dividends.
Perry Sook said results were boosted by the TEGNA acquisition, strong political advertising, FIFA World Cup inventory on FOX affiliates, and streaming ad growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nexstar Media Group Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Nexstar FY26 Q2 net income rises 24.2% to $113 million; net revenue climbs 62.2% to $1.66 billion

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