Nexstar Media Group, Inc. (NXST)

The company now

Nexstar Media Group reported record second-quarter 2026 net revenue of $1.99 billion, up 62.2 percent from a year earlier 2. Of the $764 million rise, $697 million came from the TEGNA acquisition 2. Net income was $113 million against $91 million 2.

Nexstar closed the TEGNA purchase on March 19, 2026, after approval from the FCC and the Department of Justice 2. DIRECTV and state attorneys general then sued under antitrust law, and on April 17, 2026 a federal court in California ordered the two companies kept separate 3.

The trial is set for July 6, 2027, and the company said Ninth Circuit oral argument on its appeal of the injunction is anticipated in the fourth quarter of 2026 23. Until then the two companies run apart, which limits the cost savings the deal was built on 2.

Debt rose to $11.7 billion at June 30, 2026 from $6.3 billion at the end of 2025 2. On October 30, 2026 the board declared a quarterly dividend of $1.86 per share, payable November 27, 2026 8.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.