Filing Flows › News (NWSA) › Q4 FY26 › vs Q3 FY26
News (NWSA) Q4 FY26 vs Q3 FY26 (quarter over quarter)
News's revenue rose $152M (+7%) from $2.2B in Q3 FY26 to $2.3B in Q4 FY26. The biggest changes: Real estate +$70.0M (+19%); Advertising +$41.0M (+13%); Other +$22.0M (+14%). Operating margin 11.9% against 8.6% (+3.2 pts).
News, Q4 FY26: revenue $2.3B (+11% year over year), operating margin 11.9%, net earnings $179M, operating cash flow $422M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Operating margin | 11.9% | 8.6% | +3.2 pts |
| Net margin | 7.7% | 4.1% | +3.6 pts |
| Free cash flow margin | 11.8% | 18.3% | -6.5 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Circulation and subscription | $820M | $809M | $11.0M | +1% |
| Consumer | $538M | $530M | $8.0M | +2% |
| Real estate | $435M | $365M | $70.0M | +19% |
| Advertising | $363M | $322M | $41.0M | +13% |
| Other | $181M | $159M | $22.0M | +14% |
| Revenue | $2.3B | $2.2B | $152M | +7% |
| Operating profit | $278M | $189M | $89.0M | +47% |
| Costs & expenses | $2.1B | $2.0B | $63.0M | +3% |
| Pre-tax earnings | $278M | $189M | $89.0M | +47% |
| SG&A | $923M | $890M | $33.0M | +4% |
| Other operating costs | $1.1B | $1.1B | $30.0M | +3% |
| Net earnings | $179M | $89.0M | $90.0M | +101% |
| Minority interests | $51.0M | $32.0M | $19.0M | +59% |
| Income tax | $48.0M | $68.0M | −$20.0M | -29% |
| Depreciation & amortization | $128M | $122M | $6.0M | +5% |
| Working capital & other | $115M | $288M | −$173M | -60% |
| Operating cash flow | $422M | $499M | −$77.0M | -15% |
| Free cash flow (OCF − capex) | $276M | $399M | −$123M | -31% |
| Capital expenditures | $146M | $100M | $46.0M | +46% |
Questions
How much did News's revenue grow quarter over quarter in Q4 FY26?
News's revenue rose $152M (+7%) from $2.2B in Q3 FY26 to $2.3B in Q4 FY26.
What drove News's revenue change in Q4 FY26?
Real estate +$70.0M (+19%); Advertising +$41.0M (+13%); Other +$22.0M (+14%).