AI brief of an SEC Form 8-K · Nexstar Media (NXST)

Nexstar Q4 Net Revenue Rises 14.1% to Record $1.49 Billion; Guides 2025 Adjusted EBITDA

Positive Impact 3 of 5 earnings Written later

Nexstar Media Group reported record fourth-quarter 2024 net revenue of $1.49 billion, up 14.1%, driven mainly by election-year political advertising, and net income of $229 million compared with $100 million a year earlier. The company also issued 2025 Adjusted EBITDA guidance of $1.5 billion to $1.595 billion. The filing does not compare this guidance with prior expectations.

Key points

  • Q4 net revenue of $1.49 billion, up 14.1%; advertising revenue of $758 million, up 29.6%, including $254 million of political advertising
  • Q4 net income of $229 million versus $100 million; Adjusted EBITDA of $628 million, up 39.9%
  • 2025 Adjusted EBITDA guidance range of $1.5 billion to $1.595 billion
  • Returned $820 million to shareholders and repaid $327 million of debt in 2024

The filing

CompanyNexstar Media (NXST)
Form8-K, current report
Filed with the SECFeb 27, 2025, 7:02 AM ET
Accession number0000950170-25-028342

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 27, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.