Filing Flows › USA Today (TDAY) › Q4 2025
USA Today (TDAY) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
USA Today (TDAY) reported revenue of $585M for the fourth quarter 2025 (Q4 2025), -6% from a year earlier and +4% from the quarter before. Operating margin was 7.4%, net loss $30.1M (5.1% of revenue).
USA Today, Q4 2025: revenue $585M (-6% year over year), operating margin 7.4%, net loss $30.1M, operating cash flow $43.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $585M | +4% | -6% |
| Operating profit | $43.6M | — | — |
| Net earnings | −$30.1M | — | — |
| Operating cash flow | $43.4M | +186% | +382% |
| Free cash flow | $31.5M | — | +722% |
What changed
Revenue was $585.0M in Q4 2025, down 6% year over year and up 4% from the previous quarter.
Operating profit was $43.6M, a 7.4% margin (up 6.5 points year over year). Total costs fell 12% while revenue fell 6%. The quarter ended with a net loss of $30.1M, narrower than the previous quarter's $39.2M loss.
Operating cash flow was $43.4M (up 382% year over year). Non-cash charges added back $37.3M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items added $33.8M. After capital expenditures, net ($11.9M), free cash flow as the company reports it was $31.5M.
Questions
What was USA Today's revenue in the fourth quarter 2025?
USA Today (TDAY) reported revenue of $585M for the fourth quarter 2025 (Q4 2025), -6% from a year earlier and +4% from the quarter before.
Was USA Today profitable in the fourth quarter 2025?
Operating profit was $43.6M (7.4% of revenue) and net loss $30.1M.
Source: USA Today 10-K on SEC EDGAR.