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How New York Times (NYT) makes money
New York Times (NYT) made $769M of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Subscription brought in $548M (71%); Advertising brought in $143M (19%); Affiliate, licensing and other brought in $78.4M (10%). Of every dollar of revenue, 16¢ was left as operating profit, 13¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Subscription | $548M | 71.2% | +2% | +11% |
| Advertising | $143M | 18.6% | -4% | +8% |
| Affiliate, licensing and other | $78.4M | 10.2% | +4% | +6% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $769M | 100.0% |
| Operating profit | $122M | 15.9% |
| Income tax | $32.5M | 4.2% |
| Net earnings | $97.4M | 12.7% |
| Operating cash flow | $176M | 22.9% |
| Free cash flow | $170M | 22.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $769M | +10% |
| Q2 2026 | $762M | +11% |
| Q1 2026 | $712M | +12% |
| Q4 2025 | $802M | +10% |
| Q3 2025 | $701M | +10% |
| Q2 2025 | $686M | +10% |
| Q1 2025 | $636M | +7% |
From New York Times' 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does New York Times make money?
New York Times (NYT) made $769M of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Subscription brought in $548M (71%); Advertising brought in $143M (19%); Affiliate, licensing and other brought in $78.4M (10%). Of every dollar of revenue, 16¢ was left as operating profit, 13¢ was left as net earnings.
What is New York Times' biggest business?
Subscription: $548M in the third quarter 2026, 71% of revenue, +11% from a year earlier.
What is New York Times' profit margin?
Net earnings were $97.4M, 12.7% of revenue, in the third quarter 2026; the operating margin was 15.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.