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Nexstar Q1 net income jumps 64.9% to $160 million; revenue rises 13.1% to $1.4 billion

PUBT·05/07/2026 11:01:16
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Nexstar Q1 net income jumps 64.9% to $160 million; revenue rises 13.1% to $1.4 billion
  • Nexstar Media Group posted first-quarter net revenue of $1.4 billion, up 13.1%, with net income climbing 64.9% to $160 million.
  • Adjusted EBITDA rose 23.4% to $470 million, lifting margin 2.8 percentage points to 33.7%.
  • Distribution revenue increased 9.8% to $837 million, while advertising revenue jumped 19.1% to $548 million.
  • Management said results included TEGNA from March 19–31, 2026, following the deal’s close in March.
  • NewsNation remained the fastest-growing ad-supported cable network, with The CW continuing toward profitability as sports programming neared half of its 2026 hours.


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 via Business Wire (Ref. ID: 20260507403565) on May 07, 2026, and is solely responsible for the information contained therein.