Filing Flows › Nexstar Media Group (NXST) › Q1 2025
Nexstar Media Group (NXST) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Nexstar Media Group (NXST) reported revenue of $1.2B for the first quarter 2025 (Q1 2025), -4% from a year earlier and -17% from the quarter before. Operating margin was 17.8%, net earnings $108M (8.8% of revenue).
Nexstar Media Group, Q1 2025: revenue $1.2B (-4% year over year), operating margin 17.8%, net earnings $108M, operating cash flow $337M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | -17% | -4% |
| Operating profit | $220M | -47% | -20% |
| Net earnings | $108M | -55% | -38% |
| Operating cash flow | $337M | -18% | +22% |
| Free cash flow | $302M | — | +30% |
What changed
Revenue was $1.2B in Q1 2025, down 4% year over year and down 17% from the previous quarter. Distribution Service was the largest line at 62% of revenue. Advertising lost $0.05B year over year (down 10%), 104% of the total change.
Operating profit was $0.22B, a 17.8% margin (down 3.6 points year over year). Total costs grew 0% against a revenue fall of 4%. Net earnings were $0.11B, down 38% year over year ($0.10B including minority interests, which bore $0.01B of losses). The effective tax rate was 29.7%.
Operating cash flow was $0.34B (up 22% year over year), 347% of net income including minority interests. Non-cash charges added back $0.20B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.02B. After capital expenditures ($0.04B), free cash flow as the company reports it was $0.30B.
Questions
What was Nexstar Media Group's revenue in the first quarter 2025?
Nexstar Media Group (NXST) reported revenue of $1.2B for the first quarter 2025 (Q1 2025), -4% from a year earlier and -17% from the quarter before.
Was Nexstar Media Group profitable in the first quarter 2025?
Operating profit was $220M (17.8% of revenue) and net earnings $108M.