Filing Flows › New York Times (NYT) › Q3 2026 › vs Q3 2025
New York Times (NYT) Q3 2026 vs Q3 2025 (year over year)
New York Times's revenue rose $67.7M (+10%) from $701M in Q3 2025 to $769M in Q3 2026. The biggest changes: Subscription +$52.9M (+11%); Advertising +$10.3M (+8%); Affiliate, licensing and other +$4.5M (+6%). Operating margin 15.9% against 15.0% (+0.9 pts).
New York Times, Q3 2026: revenue $769M (+10% year over year), operating margin 15.9%, net earnings $97.4M, operating cash flow $176M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 15.9% | 15.0% | +0.9 pts |
| Net margin | 12.7% | 11.7% | +1.0 pts |
| Free cash flow margin | 22.1% | 28.5% | -6.4 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Subscription | $548M | $495M | $52.9M | +11% |
| Advertising | $143M | $132M | $10.3M | +8% |
| Affiliate, licensing and other | $78.4M | $73.9M | $4.5M | +6% |
| Revenue | $769M | $701M | $67.7M | +10% |
| Other income, net | $7.9M | $3.2M | $4.7M | +147% |
| Operating profit | $122M | $105M | $17.1M | +16% |
| Costs & expenses | $647M | $596M | $50.6M | +8% |
| Pre-tax earnings | $130M | $108M | $21.9M | +20% |
| Cost of revenue | $373M | $349M | $24.4M | +7% |
| Research & development | $72.3M | $67.0M | $5.3M | +8% |
| Sales & marketing | $89.5M | $79.6M | $10.0M | +13% |
| General & admin | $86.4M | $76.6M | $9.7M | +13% |
| Other operating costs | $24.9M | $23.8M | $1.2M | +5% |
| Net earnings | $97.4M | $81.6M | $15.7M | +19% |
| Income tax | $32.5M | $26.4M | $6.2M | +23% |
| Depreciation & amortization | $21.1M | $21.3M | −$196K | -0.9% |
| Share-based compensation | $19.1M | $18.5M | $625K | +3% |
| Working capital & other | $38.1M | $86.1M | −$48.0M | -56% |
| Operating cash flow | $176M | $208M | −$31.9M | -15% |
| Free cash flow (OCF − capex) | $170M | $200M | −$29.6M | -15% |
| Capital expenditures | $5.6M | $7.9M | −$2.3M | -29% |
Questions
How much did New York Times's revenue grow year over year in Q3 2026?
New York Times's revenue rose $67.7M (+10%) from $701M in Q3 2025 to $769M in Q3 2026.
What drove New York Times's revenue change in Q3 2026?
Subscription +$52.9M (+11%); Advertising +$10.3M (+8%); Affiliate, licensing and other +$4.5M (+6%).