Nexstar reports record Q2 2026 revenue of $2.0 billion; net income rises 24.2%
Nexstar reported record second-quarter 2026 net revenue of $1.99 billion, up 62.2% year over year, driven largely by its TEGNA acquisition, which closed March 19, 2026. Net income rose to $113 million, but its margin fell to 5.7% from 7.4%, reflecting $53 million of one-time transaction expenses and higher interest expense. Total debt stood at $11.7 billion as of June 30, 2026.
Key points
- Q2 net revenue of $1,993 million, up $764 million (62.2%) from $1,229 million a year earlier, including $697 million from TEGNA.
- Q2 net income of $113 million, up 24.2%; diluted EPS not provided for Q2 in the release beyond $3.61 versus $3.06 a year earlier.
- Interest expense, net rose to $190 million from $97 million in the prior-year quarter.
- A federal court preliminary injunction issued April 17, 2026 requires Nexstar and TEGNA to be held separate; trial is scheduled for July 6, 2027.
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 August 06, 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.