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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.99B | $1.40B | $1.29B | $1.20B | $1.23B | $1.23B | $1.49B | $1.37B |
| Cost of revenue | $929.00M | $611.00M | $565.00M | $562.00M | $557.00M | $551.00M | $558.00M | $563.00M |
| Gross profit | $1.06B | $785.00M | $724.00M | $636.00M | $672.00M | $683.00M | $929.00M | $803.00M |
| Gross margin | 53.4% | 56.2% | 56.2% | 53.1% | 54.7% | 55.3% | 62.5% | 58.8% |
| Selling, general and administrative | $457.00M | $327.00M | $273.00M | $270.00M | $262.00M | $257.00M | $270.00M | $277.00M |
| Operating expenses | $702.00M | $520.00M | $479.00M | $461.00M | $459.00M | $463.00M | $514.00M | $468.00M |
| Operating income | $362.00M | $265.00M | $245.00M | $175.00M | $213.00M | $220.00M | $415.00M | $335.00M |
| Operating margin | 18.2% | 19.0% | 19.0% | 14.6% | 17.3% | 17.8% | 27.9% | 24.5% |
| EBITDA | $607.00M | $458.00M | $452.00M | $365.00M | $410.00M | $425.00M | $659.00M | $525.00M |
| Interest expense | −$190.00M | −$123.00M | −$91.00M | −$94.00M | −$97.00M | −$98.00M | −$104.00M | −$113.00M |
| Income before taxes | $177.00M | $153.00M | −$214.00M | $96.00M | $130.00M | $138.00M | $337.00M | $244.00M |
| Income taxes | $64.00M | −$7.00M | −$44.00M | $31.00M | $39.00M | $41.00M | $107.00M | $64.00M |
| Net income | $113.00M | $160.00M | −$170.00M | $65.00M | $91.00M | $97.00M | $230.00M | $180.00M |
| Net margin | 5.7% | 11.5% | -13.2% | 5.4% | 7.4% | 7.9% | 15.5% | 13.2% |
| EPS, basic | $3.65 | $5.22 | −$5.64 | $2.16 | $3.09 | $3.41 | $7.69 | $5.34 |
| EPS, diluted | $3.61 | $5.09 | −$5.56 | $2.14 | $3.06 | $3.37 | $7.57 | $5.27 |
| Diluted shares | 30.91M | 31.17M | 30.74M | 30.65M | 30.51M | 30.93M | 31.43M | 32.44M |
Figures describe Nexstar Media shares, not any token. As of Aug 7, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.