NWS · News Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.19B | $2.36B | $2.14B | $2.24B | $2.01B | $2.58B | $2.59B | $2.42B | $2.50B | $2.52B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $890.00M | $833.00M | $863.00M | $797.00M | $815.00M | $899.00M | $832.00M | $863.00M | $862.00M | $818.00M |
| Total Operating Expenses | $952.00M | $1.01B | $941.00M | $963.00M | $904.00M | $1.26B | $1.28B | $1.24B | $1.27B | $1.29B |
| D&A | $122.00M | $118.00M | $117.00M | $113.00M | $114.00M | $189.00M | $179.00M | $192.00M | $171.00M | $174.00M |
| Operating Income | $189.00M | $367.00M | $212.00M | $430.00M | $151.00M | $204.00M | $277.00M | $64.00M | $95.00M | $155.00M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $68.00M | $125.00M | $62.00M | $124.00M | $44.00M | $60.00M | $94.00M | $22.00M | $37.00M | $61.00M |
| Net Income | $89.00M | $193.00M | $112.00M | $215.00M | $103.00M | $119.00M | $156.00M | $30.00M | $30.00M | $67.00M |
| EPS - Basic | $0.16 | $0.34 | $0.20 | $0.38 | $0.18 | $0.21 | $0.27 | $0.05 | $0.05 | $0.12 |
| EPS - Diluted | $0.16 | $0.34 | $0.20 | $0.38 | $0.18 | $0.21 | $0.27 | $0.05 | $0.05 | $0.12 |
Balance Sheet
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.17B | $2.05B | $2.20B | $2.40B | $2.10B | $1.78B | $1.96B | $1.94B | $1.53B | $1.83B |
| Accounts Receivable | $1.78B | $1.89B | $1.64B | $1.56B | $1.54B | $1.70B | $1.50B | $1.44B | $1.56B | $1.43B |
| Inventory | $303.00M | $306.00M | $327.00M | $327.00M | $317.00M | $378.00M | $296.00M | $331.00M | $378.00M | $311.00M |
| Accounts Payable | $384.00M | $425.00M | $368.00M | $335.00M | $371.00M | $374.00M | $314.00M | $269.00M | $324.00M | $440.00M |
| Current Assets | $4.58B | $4.57B | $4.47B | $4.81B | $6.84B | $4.51B | $4.37B | $4.13B | $3.97B | $4.05B |
| Total Assets | $15.52B | $15.51B | $15.34B | $15.50B | $16.58B | $16.93B | $16.68B | $16.54B | $16.48B | $16.92B |
| Current Liabilities | $2.69B | $2.52B | $2.54B | $2.61B | $4.08B | $3.27B | $3.06B | $3.04B | $3.04B | $3.17B |
| Long-term Debt | $1.99B | $1.93B | $1.93B | $1.94B | $1.94B | $2.71B | $2.85B | $2.84B | $2.91B | $2.94B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $8.58B | $8.79B | $8.70B | $8.77B | $8.20B | $8.25B | $8.12B | $8.05B | $7.89B | $8.06B |
| Retained Earnings | ($452.00M) | ($509.00M) | ($664.00M) | ($747.00M) | ($1.48B) | ($1.78B) | ($1.89B) | ($1.93B) | ($2.11B) | ($2.14B) |
Cash Flow
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $26.00M | - | - | $64.00M | - | - | ($55.00M) | - |
| Investing Cash Flow | - | - | ($116.00M) | - | - | ($136.00M) | - | - | ($159.00M) | - |
| Financing Cash Flow | - | - | ($109.00M) | - | - | ($147.00M) | - | - | ($65.00M) | - |
| CapEx | - | - | $81.00M | - | - | $95.00M | - | - | $124.00M | - |
| Free Cash Flow | - | - | ($55.00M) | - | - | ($31.00M) | - | - | ($179.00M) | - |
Ratios
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 8.6% | 15.5% | 9.9% | 19.2% | 7.5% | 7.9% | 10.7% | 2.6% | 3.8% | 6.1% |
| EBITDA margin | 14.2% | 20.5% | 15.3% | 24.3% | 13.2% | 15.3% | 17.6% | 10.6% | 10.6% | 13.1% |
| Net margin | 4.1% | 8.2% | 5.2% | 9.6% | 5.1% | 4.6% | 6.0% | 1.2% | 1.2% | 2.7% |
| Free cash flow margin | - | - | -2.6% | - | - | -1.2% | - | - | -7.2% | - |
| FCF / Net income | - | - | -0.49 | - | - | -0.26 | - | - | -5.97 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 40.7% | 35.3% | 40.3% | 35.6% | 40.6% | 34.9% | 32.2% | 35.6% | 34.5% | 32.4% |
| Effective tax rate | 43.3% | 39.3% | 35.6% | 36.6% | 29.9% | 33.5% | 37.6% | 42.3% | 55.2% | 47.7% |
| Return on assets | 0.6% | 1.2% | 0.7% | 1.4% | 0.6% | 0.7% | 0.9% | 0.2% | 0.2% | 0.4% |
| Return on equity | 1.0% | 2.2% | 1.3% | 2.5% | 1.3% | 1.4% | 1.9% | 0.4% | 0.4% | 0.8% |
| Return on invested capital | 1.0% | 2.1% | 1.3% | 2.5% | 1.0% | 1.2% | 1.6% | 0.3% | 0.4% | 0.7% |
| Liquidity | ||||||||||
| Current ratio | 1.70 | 1.81 | 1.76 | 1.84 | 1.68 | 1.38 | 1.43 | 1.36 | 1.31 | 1.28 |
| Quick ratio | 1.59 | 1.69 | 1.63 | 1.72 | 1.60 | 1.26 | 1.33 | 1.25 | 1.18 | 1.18 |
| Cash ratio | 0.81 | 0.81 | 0.87 | 0.92 | 0.51 | 0.54 | 0.64 | 0.64 | 0.50 | 0.58 |
| Leverage | ||||||||||
| Debt / Equity | 0.23 | 0.22 | 0.22 | 0.22 | 0.24 | 0.33 | 0.35 | 0.35 | 0.37 | 0.36 |
| Debt / Assets | 0.13 | 0.12 | 0.13 | 0.12 | 0.12 | 0.16 | 0.17 | 0.17 | 0.18 | 0.17 |
| Debt / EBITDA | 6.39 | 3.97 | 5.87 | 3.57 | 7.33 | 6.89 | 6.26 | 11.11 | 10.94 | 8.94 |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.81 | 1.76 | 1.76 | 1.77 | 2.02 | 2.05 | 2.05 | 2.05 | 2.09 | 2.10 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.14 | 0.15 | 0.14 | 0.14 | 0.12 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 297d | 293d | 278d | 255d | 280d | 241d | 212d | 217d | 228d | 206d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 178.2x | 87.1x | 172.7x | 90.3x | 168.7x | 133.1x | 105.1x | 541.2x | 417.4x | 164.3x |
| P / B | 1.8x | 1.9x | 2.3x | 2.2x | 2.1x | 1.9x | 2.0x | 1.9x | 1.5x | 1.4x |
| P / S | 7.3x | 7.0x | 9.1x | 8.7x | 8.6x | 6.2x | 6.3x | 6.4x | 4.8x | 4.5x |
| EV / EBITDA | 50.4x | 34.1x | 58.7x | 35.2x | 64.7x | 43.0x | 37.7x | 64.2x | 50.2x | 38.0x |
| Growth | ||||||||||
| Revenue growth (YoY) | 8.8% | 5.5% | -16.8% | -13.5% | -17.1% | 3.1% | 2.6% | -1.0% | 0.8% | -7.2% |
| Revenue CAGR (3y) | -3.7% | -2.1% | -4.7% | -6.3% | -6.9% | 1.0% | 2.3% | 1.2% | 5.7% | 0.6% |
| Revenue CAGR (5y) | -1.3% | -0.4% | 0.3% | -2.0% | -2.4% | 1.9% | -0.3% | 3.0% | -0.2% | 2.9% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 25.2% | -14.7% | 3.9% | 55.2% | 135.9% | 114.7% | 78.7% | -29.7% | -5.9% | -57.1% |
| Net income growth (YoY) | -13.6% | -10.2% | -5.9% | 37.8% | 243.3% | 296.7% | 132.8% | -40.0% | -25.0% | -71.5% |
| EPS growth (YoY) | -11.1% | -10.5% | -4.8% | 40.7% | 260.0% | 320.0% | 125.0% | -44.4% | -28.6% | -70.0% |
| EPS CAGR (3y) | 21.1% | 41.5% | 41.9% | -1.7% | 11.5% | 51.8% | -11.5% | - | - | -5.0% |
| EPS CAGR (5y) | - | -2.7% | - | 22.1% | - | - | 11.0% | - | -21.7% | - |
| FCF growth (YoY) | - | - | -77.4% | - | - | 82.7% | - | - | -32.6% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 4.6% | 0.2% | 5.5% | 8.1% | 1.9% | 4.6% | 0.7% | -0.3% | 0.3% | -1.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-30.
Business segments
$8.45B totalDow Jones Segment$2.33B · 27.6%
News And Information Services Segment$2.17B · 25.7%
Book Publishing Segment$2.15B · 25.4%
Digital Real Estate Services Segment$1.80B · 21.3%
Product / service
$8.45B totalCirculation And Subscription$3.01B · 35.6%
Consumer$2.05B · 24.2%
Real Estate$1.41B · 16.7%
Advertising$1.37B · 16.2%
Other Product Or Service$619.00M · 7.3%
Geographic
$15.85B totalUnited States And Canada$4.12B · 26.0%
US$4.00B · 25.2%
Australasia And Other$2.62B · 16.5%
AU$2.20B · 13.9%
Europe$1.71B · 10.8%
GB$1.20B · 7.6%
Peer comparison
Same SIC group: Newspapers: Publishing or Publishing & Printing
Comparing NEWS CORP against the 5 most active filers in the same SIC group.
Dividends
$0.20/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 11, 2026 | $0.1000 |
| Sep 10, 2025 | $0.1000 |
| Mar 12, 2025 | $0.1000 |
| Sep 11, 2024 | $0.1000 |
| Mar 12, 2024 | $0.1000 |
| Sep 12, 2023 | $0.1000 |
| Mar 14, 2023 | $0.1000 |
| Sep 13, 2022 | $0.1000 |
| Mar 15, 2022 | $0.1000 |
| Sep 14, 2021 | $0.1000 |
| Mar 16, 2021 | $0.1000 |
| Sep 15, 2020 | $0.1000 |
| Mar 10, 2020 | $0.1000 |
| Sep 10, 2019 | $0.1000 |
| Mar 12, 2019 | $0.1000 |
| Sep 11, 2018 | $0.1000 |
| Mar 13, 2018 | $0.1000 |
| Sep 12, 2017 | $0.1000 |
| Mar 13, 2017 | $0.1000 |
| Sep 12, 2016 | $0.1000 |
| Mar 7, 2016 | $0.1000 |
| Sep 14, 2015 | $0.1000 |