Filing Flows › News (NWSA) › Q3 FY26
News (NWSA) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 8, 2026
News (NWSA) reported revenue of $2.2B for the third quarter fiscal 2026 (Q3 FY26), +9% from a year earlier and -7% from the quarter before. Operating margin was 8.6%, net earnings $89.0M (4.1% of revenue).
News, Q3 FY26: revenue $2.2B (+9% year over year), operating margin 8.6%, net earnings $89.0M, operating cash flow $499M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | -7% | +9% |
| Operating profit | $189M | -49% | +4% |
| Net earnings | $89.0M | -54% | -14% |
| Operating cash flow | $499M | +116% | -2% |
| Free cash flow | $399M | +202% | -5% |
What changed
Revenue was $2.2B in Q3 FY26, up 9% year over year and down 7% from the previous quarter. Circulation and subscription was the largest line at 37% of revenue. Circulation and subscription added $0.05B year over year (up 7%), 31% of the total change.
Operating profit was $0.19B, a 8.6% margin (down 0.4 points year over year). Of the extra revenue versus Q3 FY25, 5% reached operating profit, below the 9% margin then. Total costs grew 9% against revenue growth of 9%. Net earnings were $0.09B, down 14% year over year. The effective tax rate was 36.0%.
Operating cash flow was $0.50B (down 2% year over year), 412% of net income including minority interests. Non-cash charges added back $0.12B of depreciation and amortization. Working capital and other items added $0.26B. Capital expenditures of $0.10B left free cash flow of $0.40B.
Questions
What was News' revenue in the third quarter fiscal 2026?
News (NWSA) reported revenue of $2.2B for the third quarter fiscal 2026 (Q3 FY26), +9% from a year earlier and -7% from the quarter before.
Was News profitable in the third quarter fiscal 2026?
Operating profit was $189M (8.6% of revenue) and net earnings $89.0M.
Source: News 10-Q on SEC EDGAR.