Filing Flows › USA Today (TDAY) › Q1 2026
USA Today (TDAY) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
USA Today (TDAY) reported revenue of $548M for the first quarter 2026 (Q1 2026), -4% from a year earlier and -6% from the quarter before. Operating margin was 5.6%, net earnings $19.9M (3.6% of revenue).
USA Today, Q1 2026: revenue $548M (-4% year over year), operating margin 5.6%, net earnings $19.9M, operating cash flow $19.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $548M | -6% | -4% |
| Operating profit | $30.7M | -30% | +214% |
| Net earnings | $19.9M | — | — |
| Operating cash flow | $19.3M | -56% | -17% |
| Free cash flow | $6.4M | — | -37% |
What changed
Revenue was $548.5M in Q1 2026, down 4% year over year and down 6% from the previous quarter. Print circulation was the largest line at 24% of revenue. Print circulation lost $17.8M year over year (down 12%), 77% of the total change.
Operating profit was $30.7M, a 5.6% margin (up 3.9 points year over year). Total costs fell 8% while revenue fell 4%. Net earnings were $19.9M. The effective tax rate was 35.2%.
Operating cash flow was $19.3M (down 17% year over year), 97% of net earnings. Non-cash charges added back $31.2M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items used $33.9M. After capital expenditures ($12.9M), free cash flow as the company reports it was $6.4M.
Questions
What was USA Today's revenue in the first quarter 2026?
USA Today (TDAY) reported revenue of $548M for the first quarter 2026 (Q1 2026), -4% from a year earlier and -6% from the quarter before.
Was USA Today profitable in the first quarter 2026?
Operating profit was $30.7M (5.6% of revenue) and net earnings $19.9M.
Source: USA Today 10-Q on SEC EDGAR.