Filing Flows › New York Times (NYT) › Q1 2026
New York Times (NYT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
New York Times (NYT) reported revenue of $712M for the first quarter 2026 (Q1 2026), +12% from a year earlier and -11% from the quarter before. Operating margin was 12.7%, net earnings $87.9M (12.3% of revenue).
New York Times, Q1 2026: revenue $712M (+12% year over year), operating margin 12.7%, net earnings $87.9M, operating cash flow $92.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $712M | -11% | +12% |
| Operating profit | $90.6M | -44% | +55% |
| Net earnings | $87.9M | -32% | +77% |
| Operating cash flow | $92.2M | -44% | -7% |
| Free cash flow | $81.5M | — | -9% |
What changed
Revenue was $712.2M in Q1 2026, up 12% year over year and down 11% from the previous quarter. Subscription was the largest line at 73% of revenue. Subscription added $52.6M year over year (up 11%), 69% of the total change.
Operating profit was $90.6M, a 12.7% margin (up 3.5 points year over year). Of the extra revenue versus Q1 2025, 42% reached operating profit, above the 9% margin then. Total costs grew 8% against revenue growth of 12%. The fastest-growing cost line was Sales & marketing (+17%). Net earnings were $87.9M, up 77% year over year. The effective tax rate was 10.6%.
Operating cash flow was $92.2M (down 7% year over year), 105% of net earnings. Non-cash charges added back $20.6M of depreciation and amortization and $19.3M of share-based compensation. Working capital and other items used $35.5M. After capital expenditures ($10.7M), free cash flow as the company reports it was $81.5M.
Questions
What was New York Times' revenue in the first quarter 2026?
New York Times (NYT) reported revenue of $712M for the first quarter 2026 (Q1 2026), +12% from a year earlier and -11% from the quarter before.
Was New York Times profitable in the first quarter 2026?
Operating profit was $90.6M (12.7% of revenue) and net earnings $87.9M.
Source: New York Times 10-Q on SEC EDGAR.