Nexstar Q1 net revenue rises 13.1% to $1.40 billion; net income up 64.9% to $160 million
Nexstar reported first-quarter 2026 results for the period ended March 31, including TEGNA results from March 19 to 31 after the acquisition closed on March 19, 2026. Net revenue rose 13.1% to $1.40 billion and net income rose 64.9% to $160 million, though the income gain included a tax benefit of approximately $47 million and $42 million of one-time transaction expenses. Operating cash flow fell 14.2% to $289 million, and the company said it is involved in lawsuits seeking to enjoin the TEGNA acquisition.
Key points
- Net revenue of $1.40 billion, up $162 million or 13.1%, including $106 million from TEGNA
- Net income of $160 million, up $63 million, including a tax benefit of approximately $47 million and $42 million of one-time TEGNA-related expenses
- Adjusted EBITDA of $470 million, up 23.4%; net cash from operating activities of $289 million, down 14.2%
- Total debt of $12.2 billion at March 31, 2026, versus $6.3 billion at December 31, 2025
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing 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 May 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.