Nexstar Q3 net income more than triples to $250 million; revenue rises 78% to $2.13 billion
NXST•Nexstar Media Group’s third-quarter 2026 net income more than tripled year over year to $250 million, while net revenue rose 78% to $2.13 billion, primarily due to the TEGNA acquisition and higher legacy-business advertising and distribution contributions.
1. Quarterly results
Nexstar Media Group’s third-quarter 2026 net income more than tripled year over year to $250 million. Net revenue climbed 78% to $2.13 billion, primarily due to the TEGNA acquisition and higher advertising and distribution contributions from its legacy business.
2. Cash and viewership
Net cash provided by operating activities rose to $680 million, primarily due to higher net income and receipt and payment timing. Nexstar repaid $350 million of debt during the quarter and another $525 million after September 30. NewsNation’s total-day viewership increased 9% year over year.
