Filing Flows › News (NWSA) › Q1 FY26
News (NWSA) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Nov 7, 2025
News (NWSA) reported revenue of $2.1B for the first quarter fiscal 2026 (Q1 FY26), +2% from a year earlier and +2% from the quarter before. Operating margin was 9.9%, net earnings $112M (5.2% of revenue).
News, Q1 FY26: revenue $2.1B (+2% year over year), operating margin 9.9%, net earnings $112M, operating cash flow $85.0M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1B | +2% | +2% |
| Operating profit | $212M | -74% | +3% |
| Net earnings | $112M | -85% | -6% |
| Operating cash flow | $85.0M | -55% | +33% |
| Free cash flow | $4.0M | -88% | — |
What changed
Revenue was $2.1B in Q1 FY26, up 2% year over year and up 2% from the previous quarter. Circulation and subscription was the largest line at 36% of revenue. Circulation and subscription added $0.04B year over year (up 5%), 81% of the total change. Consumer declined 2%.
Operating profit was $0.21B, a 9.9% margin (up 0.1 points year over year). Of the extra revenue versus a year earlier, 15% reached operating profit, above the 10% margin then. Total costs grew 2% against revenue growth of 2%. Net earnings were $0.11B, down 6% year over year. The effective tax rate was 29.2%.
Operating cash flow was $0.09B (up 33% year over year), 57% of net income including minority interests. Non-cash charges added back $0.12B of depreciation and amortization. Working capital and other items used $0.18B. Capital expenditures of $0.08B left free cash flow of $4.0M.
Questions
What was News' revenue in the first quarter fiscal 2026?
News (NWSA) reported revenue of $2.1B for the first quarter fiscal 2026 (Q1 FY26), +2% from a year earlier and +2% from the quarter before.
Was News profitable in the first quarter fiscal 2026?
Operating profit was $212M (9.9% of revenue) and net earnings $112M.
Source: News 10-Q on SEC EDGAR.