Filing Flows › USA Today (TDAY) › Q3 2026 › vs Q3 2025
USA Today (TDAY) Q3 2026 vs Q3 2025 (year over year)
USA Today's revenue fell $41.6M (-7%) from $561M in Q3 2025 to $519M in Q3 2026. The biggest changes: Print and commercial −$24.4M (-8%); Digital −$17.1M (-6%).
USA Today, Q3 2026: revenue $519M (-7% year over year), operating margin -1.1%, net loss $4.6M, operating cash flow $16.7M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 0.8% | 0.9% | -0.0 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Print circulation | $120M | $138M | −$18.1M | -13% |
| Digital marketing services | $107M | $115M | −$7.8M | -7% |
| Print advertising | $104M | $113M | −$8.7M | -8% |
| Digital advertising | $75.0M | $87.2M | −$12.2M | -14% |
| Digital-only subscription | $46.0M | $43.7M | $2.3M | +5% |
| Commercial and other | $45.7M | $47.1M | −$1.4M | -3% |
| Digital other | $21.3M | $17.1M | $4.2M | +25% |
| Print and commercial | $270M | $295M | −$24.4M | -8% |
| Digital | $249M | $266M | −$17.1M | -6% |
| Revenue | $519M | $561M | −$41.6M | -7% |
| Income tax benefit | $1.2M | −$17.6M | $18.8M | — |
| Net loss | $4.6M | $39.2M | −$34.6M | -88% |
| Costs & expenses | $525M | $600M | −$75.0M | -13% |
| Operating costs | $525M | $582M | −$57.4M | -10% |
| Cost of revenue | $337M | $352M | −$15.1M | -4% |
| SG&A | $149M | $154M | −$5.2M | -3% |
| Other operating costs | $39.2M | $76.4M | −$37.1M | -49% |
| Operating cash sources | $34.1M | $45.1M | −$11.0M | -24% |
| Depreciation & amortization | $31.5M | $43.2M | −$11.7M | -27% |
| Share-based compensation | $2.6M | $1.9M | $753K | +40% |
| Net loss absorbed | $4.6M | $39.2M | −$34.6M | -88% |
| Working capital & other | $12.8M | −$9.3M | $22.2M | — |
| Operating cash flow | $16.7M | $15.2M | $1.5M | +10% |
| Free cash flow (company-reported) | $4.3M | $4.9M | −$540K | -11% |
| Capital expenditures, net | $12.3M | $10.3M | $2.0M | +20% |
Questions
How much did USA Today's revenue grow year over year in Q3 2026?
USA Today's revenue fell $41.6M (-7%) from $561M in Q3 2025 to $519M in Q3 2026.
What drove USA Today's revenue change in Q3 2026?
Print and commercial −$24.4M (-8%); Digital −$17.1M (-6%).