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USA Today (TDAY) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

USA Today (TDAY) reported revenue of $536M for the second quarter 2026 (Q2 2026), -8% from a year earlier and -2% from the quarter before. Operating margin was 2.7%, net earnings $9.1M (1.7% of revenue).

Revenue$536M
Year over year-8%
Quarter over quarter-2%
Operating margin2.7%
Net earnings$9.1M

USA Today, Q2 2026: revenue $536M (-8% year over year), operating margin 2.7%, net earnings $9.1M, operating cash flow $35.4M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$536M-2%-8%
Operating profit$14.5M-53%—
Net earnings$9.1M-54%-88%
Operating cash flow$35.4M+83%+9%
Free cash flow$19.6M—+11%

What changed

Revenue was $536.3M in Q2 2026, down 8% year over year and down 2% from the previous quarter. Print circulation was the largest line at 23% of revenue. Print circulation lost $19.0M year over year (down 13%), 39% of the total change.

Operating profit was $14.5M, a 2.7% margin (up 4.2 points year over year). Total costs fell 12% while revenue fell 8%. Net earnings were $9.1M, down 88% year over year. The effective tax rate was 36.8%.

Operating cash flow was $35.4M (up 9% year over year), 387% of net earnings. Non-cash charges added back $31.2M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items used $7.5M. After capital expenditures ($15.8M), free cash flow as the company reports it was $19.6M.

Questions

What was USA Today's revenue in the second quarter 2026?

USA Today (TDAY) reported revenue of $536M for the second quarter 2026 (Q2 2026), -8% from a year earlier and -2% from the quarter before.

Was USA Today profitable in the second quarter 2026?

Operating profit was $14.5M (2.7% of revenue) and net earnings $9.1M.

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Source: USA Today 10-Q on SEC EDGAR.