Filing Flows › LEE Enterprises (LEE) › Q3 FY26 › vs Q3 FY25
LEE Enterprises (LEE) Q3 FY26 vs Q3 FY25 (year over year)
LEE Enterprises's revenue fell $15.3M (-11%) from $141M in Q3 FY25 to $126M in Q3 FY26. The biggest changes: Advertising and marketing services −$7.2M (-11%); Subscription −$6.8M (-11%); Other −$1.3M (-10%). Operating margin 6.9% against 3.3% (+3.6 pts).
LEE Enterprises, Q3 FY26: revenue $126M (-11% year over year), operating margin 6.9%, net earnings $4.7M, operating cash flow $7.9M. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Operating margin | 6.9% | 3.3% | +3.6 pts |
| Net margin | 3.7% | -1.4% | +5.1 pts |
| Free cash flow margin | 5.4% | 5.9% | -0.4 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Advertising and marketing services | $59.3M | $66.6M | −$7.2M | -11% |
| Subscription | $54.7M | $61.6M | −$6.8M | -11% |
| Other | $11.9M | $13.2M | −$1.3M | -10% |
| Revenue | $126M | $141M | −$15.3M | -11% |
| Operating profit | $8.6M | $4.7M | $4.0M | +85% |
| Costs & expenses | $117M | $137M | −$19.3M | -14% |
| Pre-tax earnings | $6.6M | −$4.4M | $11.0M | — |
| Other expense, net | $2.1M | $9.1M | −$7.0M | -77% |
| Net earnings | $4.7M | −$1.9M | $6.6M | — |
| Minority interests | $498K | $244K | $254K | +104% |
| Income tax | $1.4M | −$2.7M | $4.1M | — |
| Depreciation & amortization | $3.5M | $3.8M | −$255K | -7% |
| Share-based compensation | $181K | $540K | −$359K | -66% |
| Working capital & other | $468K | −$6.5M | $7.0M | — |
| Operating cash flow | $7.9M | $8.9M | −$977K | -11% |
| Free cash flow (OCF − capex) | $6.8M | $8.3M | −$1.4M | -17% |
| Capital expenditures | $1.1M | $616K | $456K | +74% |
Questions
How much did LEE Enterprises's revenue grow year over year in Q3 FY26?
LEE Enterprises's revenue fell $15.3M (-11%) from $141M in Q3 FY25 to $126M in Q3 FY26.
What drove LEE Enterprises's revenue change in Q3 FY26?
Advertising and marketing services −$7.2M (-11%); Subscription −$6.8M (-11%); Other −$1.3M (-10%).