News (NWSA) Revenue — Quarter Ended Sep 30, 2025
Revenue increased in the current quarter compared with both the prior quarter and the same quarter a year earlier. The growth was supported by higher circulation and subscription, real estate, and other revenue, partially offset by declines in advertising and consumer revenue.
Key takeaway
Quarter ended Sep 30, 2025 · FY2026 Q1
Revenue increased in the current quarter compared with both the prior quarter and the same quarter a year earlier. The growth was supported by higher circulation and subscription, real estate, and other revenue, partially offset by declines in advertising and consumer revenue.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
+1.7%
Change from the immediately preceding quarter.
Year-over-year
+2.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2024 | $2.2B | +4.8% |
| Mar 31, 2025 | $2B | +0.8% |
| Jun 30, 2025 | $2.1B | +0.8% |
| Sep 30, 2025 | $2.1B | +2.3% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, continuing an upward trend seen over recent periods. The year-over-year comparison also showed an increase, with the current quarter's total exceeding the same period last year.
Quarterly comparison
Compared with the prior quarter, revenue improved, driven by gains in circulation and subscription and real estate segments. Versus the same quarter one year earlier, revenue was higher, with circulation and subscription and real estate contributing positively, while advertising and consumer revenue were lower.
What to watch
The decline in advertising and consumer revenue warrants monitoring in upcoming quarters.