Nexstar Q3 Revenue Nearly Doubles Due To Political Ad Boom; Execs Talk Tegna Appeal, CW Profit Outlook

Nexstar's third-quarter revenue nearly doubled thanks to the boom in political advertising. Total revenue reached $2.1 billion, up from $1.2 billion in the year-earlier period. For all of 2026, political ad revenue hit $1.1 billion, a new company record and 31% ahead of the previous midterm cycle in 2022.