Filing Flows › News (NWSA) › Q1 FY27 › vs Q4 FY26
News (NWSA) Q1 FY27 vs Q4 FY26 (quarter over quarter)
News's revenue fell $56.0M (-2%) from $2.3B in Q4 FY26 to $2.3B in Q1 FY27. The biggest changes: Advertising −$40.0M (-11%); Other −$20.0M (-11%); Consumer +$18.0M (+3%). Operating margin 13.0% against 11.9% (+1.1 pts).
News, Q1 FY27: revenue $2.3B (+6% year over year), operating margin 13.0%, net earnings $159M, operating cash flow $13.0M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Operating margin | 13.0% | 11.9% | +1.1 pts |
| Net margin | 7.0% | 7.7% | -0.7 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Circulation and subscription | $823M | $820M | $3.0M | +0.4% |
| Consumer | $556M | $538M | $18.0M | +3% |
| Real estate | $418M | $435M | −$17.0M | -4% |
| Advertising | $323M | $363M | −$40.0M | -11% |
| Other | $161M | $181M | −$20.0M | -11% |
| Revenue | $2.3B | $2.3B | −$56.0M | -2% |
| Operating profit | $296M | $278M | $18.0M | +6% |
| Costs & expenses | $2.0B | $2.1B | −$74.0M | -4% |
| Pre-tax earnings | $296M | $278M | $18.0M | +6% |
| SG&A | $890M | $923M | −$33.0M | -4% |
| Other operating costs | $1.1B | $1.1B | −$41.0M | -4% |
| Net earnings | $159M | $179M | −$20.0M | -11% |
| Minority interests | $56.0M | $51.0M | $5.0M | +10% |
| Income tax | $81.0M | $48.0M | $33.0M | +69% |
| Operating cash sources | $285M | $307M | −$22.0M | -7% |
| Depreciation & amortization | $126M | $128M | −$2.0M | -2% |
| Working capital & other | $272M | −$115M | $387M | — |
| Operating cash flow | $13.0M | $422M | −$409M | -97% |
| Capital expenditures | $102M | $146M | −$44.0M | -30% |
| Negative free cash flow (OCF − capex) | $89.0M | −$276M | $365M | — |
Questions
How much did News's revenue grow quarter over quarter in Q1 FY27?
News's revenue fell $56.0M (-2%) from $2.3B in Q4 FY26 to $2.3B in Q1 FY27.
What drove News's revenue change in Q1 FY27?
Advertising −$40.0M (-11%); Other −$20.0M (-11%); Consumer +$18.0M (+3%).