Nexstar Media | 8-K: FY2025 Q2 Revenue Beats Estimate at USD 1.229 B

Revenue: As of FY2025 Q2, the actual value is USD 1.229 B, beating the estimate of USD 1.211 B.

EPS: As of FY2025 Q2, the actual value is USD 3.06, beating the estimate of USD 2.7087.

Segment Revenue

• Distribution Revenue: $733 million, a decrease of $1 million or -0.1% YoY.
• Advertising Revenue: $475 million, a decrease of $47 million or -9.0% YoY.
• Other Revenue: $21 million, an increase of $8 million or 61.5% YoY.
• Net Revenue: $1.23 billion, a decrease of $40 million or -3.2% YoY.

Operational Metrics

• Net Income: $91 million, a decrease of $15 million or -14.2% YoY.
• Net Income Margin: 7.4%, down from 8.4% in the prior year period.
• Adjusted EBITDA: $389 million, a decrease of $25 million or -6.0% YoY.
• Adjusted EBITDA Margin: 31.7%, down from 32.6% in the prior year period.

Cash Flow

• Net Cash Provided by Operating Activities: $247 million, an increase of $71 million or 40.3% YoY.
• Adjusted Free Cash Flow: $101 million, an increase of $24 million or 31.2% YoY.

Unique Metrics

• Debt Repayment: $101 million.
• Quarterly Return of Capital to Shareholders: $106 million.

Outlook / Guidance

• The company remains optimistic about regulatory reform, completing upcoming distribution renewals, and capitalizing on the 2026 mid-term election political advertising opportunity.