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NWSA

News Corporation

NWSA

News Corporation NASDAQ
$25.68 0.39% (+0.10)

Market Cap $14.55 B
52w High $31.61
52w Low $23.38
Dividend Yield 0.20%
P/E 30.94
Volume 1.32M
Outstanding Shares 566.63M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $2.144B $1.921B $112M 5.224% $0 $335M
Q4-2025 $2.109B $1.907B $743M 35.23% $1.31 $322M
Q3-2025 $2.009B $1.833B $103M 5.127% $0.18 $290M
Q2-2025 $2.238B $1.873B $215M 9.607% $0.38 $546M
Q1-2025 $2.577B $2.351B $119M 4.618% $0.21 $411M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $2.204B $15.343B $6.033B $8.704B
Q4-2025 $2.403B $15.504B $6.115B $8.774B
Q3-2025 $2.095B $16.58B $7.499B $8.203B
Q2-2025 $1.751B $16.161B $7.136B $8.149B
Q1-2025 $1.778B $16.927B $7.761B $8.253B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $150M $80M $-101M $-179M $-205M $-1M
Q4-2025 $53M $188M $106M $-99M $308M $31M
Q3-2025 $81M $578M $-160M $-111M $325M $485M
Q2-2025 $228M $304M $37M $-206M $68M $242M
Q1-2025 $144M $64M $-136M $-147M $-182M $-31M

Revenue by Products

Product Q1-2025Q2-2025Q3-2025Q4-2025
Book Publishing Segment
Book Publishing Segment
$550.00M $590.00M $510.00M $490.00M
Digital Real Estate Services Segment
Digital Real Estate Services Segment
$460.00M $470.00M $410.00M $470.00M
Dow Jones Segment
Dow Jones Segment
$550.00M $600.00M $570.00M $600.00M
News And Information Services Segment
News And Information Services Segment
$520.00M $570.00M $510.00M $560.00M
Subscription Video Services
Subscription Video Services
$500.00M $0 $0 $0

Five-Year Company Overview

Income Statement

Income Statement Revenue has been broadly stable over the last several years, with only modest ups and downs, suggesting a fairly resilient business despite shifts in the media and advertising environment. Profitability has gradually improved: operating and EBITDA profits have inched higher over time, and most recently net income and earnings per share jumped meaningfully compared with prior years. That jump could reflect both better underlying performance and some one‑off factors, so it’s wise to view the most recent year as strong but possibly not a “new normal” yet. Overall, the income statement shows a mature company slowly lifting margins while still exposed to cyclical advertising and real estate markets.


Balance Sheet

Balance Sheet The balance sheet looks generally solid and cleaner than a few years ago. Total assets have edged down slightly, but not dramatically, which is typical as a company trims non‑core assets and focuses on higher‑return areas. Cash on hand is healthy relative to the size of the business, giving management some flexibility. Debt has been coming down from its earlier peak, easing financial risk and interest burden. Shareholders’ equity has been steady to slightly higher, suggesting the company has not been over‑leveraging to create short‑term gains. Overall, News Corp appears to be in a stable financial position with a moderate, improving leverage profile.


Cash Flow

Cash Flow Cash generation is a key strength. Operating cash flow has been consistently solid year after year, showing that reported profits are backed by real cash, not just accounting. After funding its regular investment in technology, content, and infrastructure, the company still produces a comfortable level of free cash flow, which can support debt reduction, selective acquisitions, or returns to shareholders. Capital spending has been steady and manageable, indicating a disciplined approach rather than an aggressive, high‑risk investment cycle. In short, the business throws off reliable cash and does not appear constrained by its investment needs.


Competitive Edge

Competitive Edge News Corp’s competitive position rests on a mix of powerful brands and diversified revenue streams. Flagship titles like The Wall Street Journal, Barron’s, and other Dow Jones properties give it strong credibility and pricing power in premium news and financial information. HarperCollins adds a major book publishing arm with broad catalog depth, while the digital real estate businesses (REA Group in Australia and Realtor.com in the U.S.) enjoy meaningful network effects: more listings draw more users, which in turn attract more advertisers and agents. This diversification across news, financial data, books, and property portals helps cushion weakness in any one segment. The flip side is that each area faces tough competition—from other global news outlets, digital‑only publishers, big tech advertising platforms, and U.S. real‑estate leaders like Zillow—so execution and constant adaptation remain crucial.


Innovation and R&D

Innovation and R&D Innovation is increasingly centered on digital products, data, and artificial intelligence rather than traditional heavy R&D spend. The company is embedding AI into content creation and workflows (for example, generative AI tools and the internal “NewsGPT” assistant), using data platforms like Intent Connect to give advertisers more precise targeting, and expanding high‑margin information services at Dow Jones. The multi‑year partnership with OpenAI stands out as a strategic attempt to monetize its archive and ongoing journalism in the AI era, while simultaneously defending its content rights through legal action where needed. Growth in digital subscriptions and continued product innovation in digital real estate also show a clear shift toward recurring, data‑rich, and technology‑enabled revenue streams. The main uncertainty is how quickly and profitably these AI and data initiatives translate into durable earnings.


Summary

Overall, News Corp looks like a mature media and information group that has been steadily modernizing its business. Financially, it combines stable revenue with improving margins, solid cash generation, and a more comfortable balance sheet than a few years ago. Strategically, it benefits from a portfolio of well‑known brands and valuable digital real‑estate assets, while pushing deeper into digital subscriptions, data services, and AI‑driven products. Key opportunities lie in better monetizing premium content and data, expanding digital real‑estate platforms, and capturing value from AI partnerships. Key risks include intense competition across all business lines, structural pressure on traditional media, sensitivity to advertising and housing cycles, and evolving legal and regulatory frameworks around AI and content rights. The trajectory points toward a leaner, more digital, and more data‑centric News Corp, but the pace and stability of that transition remain important variables to watch.