Filing Flows › Nexstar Media Group (NXST) › Q2 2025
Nexstar Media Group (NXST) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Nexstar Media Group (NXST) reported revenue of $1.2B for the second quarter 2025 (Q2 2025), -3% from a year earlier and -0.4% from the quarter before. Operating margin was 17.3%, net earnings $97.0M (7.9% of revenue).
Nexstar Media Group, Q2 2025: revenue $1.2B (-3% year over year), operating margin 17.3%, net earnings $97.0M, operating cash flow $247M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | -0.4% | -3% |
| Operating profit | $213M | -3% | -11% |
| Net earnings | $97.0M | -10% | -18% |
| Operating cash flow | $247M | -27% | +40% |
| Free cash flow | $218M | — | +57% |
What changed
Revenue was $1.2B in Q2 2025, down 3% year over year and roughly flat from the previous quarter. Distribution Service was the largest line at 60% of revenue.
Operating profit was $0.21B, a 17.3% margin (down 1.6 points year over year). Total costs fell 1% while revenue fell 3%. Net earnings were $0.10B, down 18% year over year ($0.09B including minority interests, which bore $0.01B of losses). The effective tax rate was 30.0%.
Operating cash flow was $0.25B (up 40% year over year), 271% 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 used $0.06B. After capital expenditures ($0.03B), free cash flow as the company reports it was $0.22B.
Questions
What was Nexstar Media Group's revenue in the second quarter 2025?
Nexstar Media Group (NXST) reported revenue of $1.2B for the second quarter 2025 (Q2 2025), -3% from a year earlier and -0.4% from the quarter before.
Was Nexstar Media Group profitable in the second quarter 2025?
Operating profit was $213M (17.3% of revenue) and net earnings $97.0M.