News Corp Reports First Quarter Results for Fiscal 2026

News Corp Reports First Quarter Results for Fiscal 2026

Fiscal 2026 First Quarter Key Financial Highlights

First quarter revenues were $2.14 billion, a 2% increase compared to $2.10 billion in the prior year, driven by growth at the Dow Jones and Digital Real Estate Services segments, while net income from continuing operations in the quarter was $150 million, a 1% increase compared to $149 million in the prior year

First quarter Total Segment EBITDA was $340 million, a 5% increase compared to $325 million in the prior year

For the quarter, reported EPS from continuing operations were $0.20 as compared to $0.21 in the prior year Adjusted EPS were $0.22 compared to $0.20 in the prior year

Dow Jones revenues for the quarter were $586 million, a 6% increase compared to the prior year, underpinned by higher professional information business revenue growth of 16% at Risk & Compliance and higher digital circulation revenues

Revenues at Move, operator of Realtor.com , were $152 million, a 9% increase from the prior year, the highest quarterly year-over-year growth since the second quarter of fiscal 2022

Book Publishing Segment EBITDA was impacted by a $13 million write-off of a customer receivable

News Media posted a strong improvement in profitability from the prior year driven by continued cost savings initiatives and higher pricing on circulation and subscriptions

The Company accelerated the rate of share repurchases in the first quarter, which currently is running at over four times the fiscal 2025 pace

NEW YORK, NY - November 6, 2025 - News Corporation ( News Corp or the Company ) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended September 30, 2025.

Commenting on the results, Chief Executive Robert Thomson said:

Following a sterling performance in fiscal 2025 - one that marked a record year for profitability on a continuing operations basis - News Corp continued to increase both revenue and profitability in the first quarter of fiscal 2026, led by strength at Dow Jones and Digital Real Estate Services, and bolstered by digital and AI-related revenues.

Overall revenue for the period rose 2 percent versus the prior year to $2.1 billion, net income from continuing operations was $150 million, up from $149 million last year, and Total Segment EBITDA increased by 5 percent to $340 million. The positive results came despite an uncharacteristically weak performance in Book Publishing, which has been showing signs of improvement in recent weeks. EPS from continuing operations were $0.20 as compared to $0.21 in the prior year, while our adjusted EPS rose to $0.22 from $0.20.

Clearly, our current cash position is robust, and we expect to generate strong free cash flow this fiscal year, and have thus materially increased the rate of our share buybacks. We believe our shares are undervalued, given the sum of our valuable parts and our profit trajectory, and we will continue to focus on ways and means to maximize shareholder value.

It is also patently clear that the value of IP in the age of AI is misconceived. Information and sophisticated data are the essence of AI, and without these essential ingredients, AI is but empty, ignorant infrastructure. Electricity without alacrity. Buildings without billings. Chips without chops.

Thankfully, we are seeing a positive trend with both enlightened companies and wise courts deciding that creativity and content must not be stolen, but purchased for a reasonable price. Courtship and courts are both crucial components of our strategy. Our wooing has gained increasing traction, and we expect to announce further partnerships in the near future, which we expect to have a positive impact on our results.

First Quarter Results

The Company reported fiscal 2026 first quarter total revenues of $2.14 billion, a 2% increase compared to $2.10 billion in the prior year period, primarily driven by higher circulation and subscription revenues at the Dow Jones segment and higher real estate revenues at the Digital Real Estate Services segment, and includes a $4 million positive impact from foreign currency fluctuations. The increase was partly offset by lower revenues at the Book Publishing segment. Adjusted Revenues (which excludes the foreign currency impact, acquisitions and divestitures as defined in Note 2) increased 2% compared to the prior year.

Net income from continuing operations for the quarter was $150 million, a 1% increase compared to $149 million in the prior year, primarily driven by higher Total Segment EBITDA, largely offset by lower Other, net.

The Company reported first quarter Total Segment EBITDA of $340 million, a 5% increase compared to $325 million in the prior year primarily due to strong contributions from the Digital Real Estate Services, Dow Jones and News Media segments. Results include a $13 million write-off of a customer receivable at the Book Publishing segment. Adjusted Total Segment EBITDA (as defined in Note 2) increased 5%.

Net income from continuing operations per share attributable to News Corporation stockholders was $0.20 as compared to $0.21 in the prior year.

Adjusted EPS (as defined in Note 3) were $0.22 compared to $0.20 in the prior year.

Please click here for the full Earnings Release information

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About News Corp

News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. The company comprises businesses across a range of media, including: information services and news, digital real estate services and book publishing. Headquartered in New York, News Corp operates primarily in the United States, Australia and the United Kingdom, and its content and other products and services are distributed and con

LINK:	https://newscorp.com/2025/11/06/news-corp-reports-first-quarter-result...
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