Filing Flows › New York Times (NYT) › Q2 2026 › vs Q1 2026
New York Times (NYT) Q2 2026 vs Q1 2026 (quarter over quarter)
New York Times's revenue rose $50.2M (+7%) from $712M in Q1 2026 to $762M in Q2 2026. The biggest changes: Advertising +$22.3M (+18%); Subscription +$21.0M (+4%); Affiliate, licensing and other +$6.9M (+10%). Operating margin 15.5% against 12.7% (+2.8 pts).
New York Times, Q2 2026: revenue $762M (+11% year over year), operating margin 15.5%, net earnings $93.4M, operating cash flow $194M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 15.5% | 12.7% | +2.8 pts |
| Net margin | 12.3% | 12.3% | -0.1 pts |
| Free cash flow margin | 24.2% | 11.4% | +12.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Subscription | $538M | $517M | $21.0M | +4% |
| Advertising | $149M | $127M | $22.3M | +18% |
| Affiliate, licensing and other | $75.5M | $68.5M | $6.9M | +10% |
| Revenue | $762M | $712M | $50.2M | +7% |
| Other income, net | $7.2M | $7.7M | −$504K | -7% |
| Operating profit | $118M | $90.6M | $27.4M | +30% |
| Costs & expenses | $644M | $622M | $22.8M | +4% |
| Pre-tax earnings | $125M | $98.3M | $26.9M | +27% |
| Cost of revenue | $368M | $363M | $4.9M | +1% |
| Research & development | $70.3M | $70.2M | $157K | +0.2% |
| Sales & marketing | $85.5M | $77.3M | $8.2M | +11% |
| General & admin | $85.8M | $86.5M | −$685K | -0.8% |
| Other operating costs | $35.0M | $24.8M | $10.2M | +41% |
| Net earnings | $93.4M | $87.9M | $5.5M | +6% |
| Income tax | $31.8M | $10.4M | $21.4M | +206% |
| Depreciation & amortization | $21.1M | $20.6M | $560K | +3% |
| Share-based compensation | $20.0M | $19.3M | $722K | +4% |
| Working capital & other | $59.7M | −$35.5M | $95.2M | — |
| Operating cash flow | $194M | $92.2M | $102M | +111% |
| Free cash flow (OCF − capex) | $184M | $81.5M | $103M | +126% |
| Capital expenditures | $10.1M | $10.7M | −$612K | -6% |
Questions
How much did New York Times's revenue grow quarter over quarter in Q2 2026?
New York Times's revenue rose $50.2M (+7%) from $712M in Q1 2026 to $762M in Q2 2026.
What drove New York Times's revenue change in Q2 2026?
Advertising +$22.3M (+18%); Subscription +$21.0M (+4%); Affiliate, licensing and other +$6.9M (+10%).