Logo

NYT

The New York Times Company

NYT

The New York Times Company • NYSE
$64.50 ▼ -0.86% (-0.56)
Market Cap $10.47 B
52w High $65.33
52w Low $44.83
Dividend Yield 0.67%
P/E 31.62
Volume 709.38K
Outstanding Shares 162.33M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $700.821M ▲ $275.92M ▲ $81.647M ▼ 11.65% ▼ $0.5 ▼ $129.683M ▼
Q2-2025 $685.873M ▲ $240.543M ▼ $82.945M ▲ 12.093% ▲ $0.51 ▲ $135.739M ▲
Q1-2025 $635.91M ▼ $242.639M ▲ $49.551M ▼ 7.792% ▼ $0.3 ▼ $87.923M ▼
Q4-2024 $726.629M ▲ $241.955M ▲ $123.725M ▲ 17.027% ▲ $0.75 ▲ $179.282M ▲
Q3-2024 $640.178M $231.612M $64.143M 10.02% $0.39 $108.237M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $617.352M ▲ $2.887B ▲ $906.874M ▲ $1.98B ▲
Q2-2025 $540.245M ▲ $2.805B ▲ $869.328M ▲ $1.936B ▲
Q1-2025 $522.074M ▼ $2.735B ▼ $850.209M ▼ $1.885B ▼
Q4-2024 $565.922M ▲ $2.841B ▲ $914.27M ▲ $1.927B ▲
Q3-2024 $492.945M $2.762B $910.049M $1.852B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $81.647M ▼ $207.608M ▲ $-97.035M ▼ $-58.974M ▼ $65.967M ▲ $199.73M ▲
Q2-2025 $82.945M ▲ $113.638M ▲ $-43.742M ▼ $-54.482M ▲ $15.645M ▲ $103.302M ▲
Q1-2025 $49.551M ▼ $99.088M ▼ $-8.34M ▲ $-107.269M ▼ $-16.699M ▼ $89.851M ▼
Q4-2024 $123.725M ▲ $151.696M ▲ $-108.627M ▼ $-48.074M ▼ $-5.006M ▲ $143.638M ▲
Q3-2024 $64.143M $125.506M $-101.289M $-42.299M $-18.326M $118.445M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Advertising
Advertising
 $280.00M ▲$110.00M ▼$130.00M ▲$130.00M ▲
Building Real Estate
Building Real Estate
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Subscription
Subscription
 $910.00M ▲$460.00M ▼$480.00M ▲$490.00M ▲
Other Products and Services
Other Products and Services
 $160.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement The New York Times has steadily grown its business over the past five years, with revenue rising each year and profits generally moving higher as well. The shift to digital subscriptions appears to be working: gross profit has expanded alongside sales, suggesting good pricing power and cost discipline. Operating and EBITDA margins have improved over time, pointing to a more efficient, scalable digital model rather than a struggling print operation. Net income and earnings per share have increased meaningfully compared with a few years ago, although there was some fluctuation in operating profit during the transition and integration of acquisitions. Overall, the income statement reflects a mature, steadily growing media business with improving profitability rather than a highly volatile or structurally declining publisher.

Balance Sheet

Balance Sheet The balance sheet looks relatively conservative and gradually stronger over time. Total assets and shareholder equity have grown, indicating the company is building value rather than shrinking. Debt levels are very low compared with the size of the business, which reduces financial risk and gives the company flexibility in downturns or when making strategic investments. Cash balances move around year to year but remain solid, suggesting the company is not stretched for liquidity. Overall, this is closer to a “fortress” style balance sheet for a media company, with modest leverage and a clear cushion to absorb shocks or invest in growth initiatives.

Cash Flow

Cash Flow Cash flow is a key strength. The company consistently generates cash from its operations, and that cash generation has improved in recent years as the subscription model has scaled. Free cash flow has been positive throughout the period and has trended higher, even after funding regular investments in technology, product, and infrastructure. Capital spending needs are relatively modest for a digital content business, which leaves room for dividends, buybacks, acquisitions, or balance sheet reinforcement. There was a period of weaker operating cash flow a few years back, but the recovery since then supports the view that the digital strategy is translating into real, recurring cash rather than just accounting earnings.

Competitive Edge

Competitive Edge The New York Times enjoys an unusually strong competitive position for a media company. Its most important asset is its global brand, built on decades of high-quality, original journalism and a reputation for trust and rigor. In a world of information overload and misinformation, that brand creates loyalty and willingness to pay, which many rivals struggle to match. The company has scaled a large digital subscription base and broadened into a bundle of products—news, games, cooking, sports, product reviews—that keep users engaged across many parts of daily life. This multi-product ecosystem is difficult for smaller or single-focus competitors to copy. At the same time, NYT still faces intense competition for attention from social media, free news sites, streaming, and independent creators, and must continually prove its value to justify paid subscriptions. But relative to the broader news industry, its moat—brand, scale, data, and diversified content—looks notably stronger than average.

Innovation and R&D

Innovation and R&D NYT has evolved into a digital-first, product- and data-driven company, which is unusual for legacy publishers. It was an early mover in paywalls and subscription technology, and now uses sophisticated data science to tailor paywall decisions, personalize content, and improve subscriber conversion and retention. The company has built a suite of digital products—Cooking, Games, The Athletic, Wirecutter—that function as a lifestyle bundle rather than a single news product, increasing stickiness and cross-selling opportunities. It is also a leader in interactive and visual journalism, using data visualization, multimedia storytelling, and AI-assisted analysis (for example, satellite imagery work) to differentiate its coverage. Looking forward, NYT is experimenting with artificial intelligence to augment journalism, deepen personalization, and streamline operations, while also defending its content in negotiations and legal debates around AI training. Continued innovation in audio, video, new formats, and possible future acquisitions will be key levers for maintaining its edge.

Summary

The New York Times has largely completed a successful transition from a print-dependent newspaper to a diversified digital subscription and media platform. Financially, it shows steady revenue growth, rising profitability, a strong and low‑debt balance sheet, and healthy free cash flow—all pointing to a durable, recurring-revenue business rather than a structurally challenged legacy outlet. Competitively, its brand, journalistic quality, and scale in digital subscriptions give it a moat that many peers lack, reinforced by a growing bundle of products spanning news, games, cooking, sports, and product reviews. The main challenges are ongoing: intense competition for consumer attention, the need to continuously justify subscription value, and strategic uncertainty around the role of AI and platform power in distributing and using its content. Overall, NYT stands out as one of the stronger, more innovative players in the global news and digital media space, with its future shaped by how well it can keep growing its bundle, deepen engagement, and harness technology without eroding its core journalistic mission.

NEWS

November 28, 2025 · 8:15 AM UTC

FLUENT Reports Third Quarter 2025 Results

Read more

November 24, 2025 · 11:09 AM UTC

DealMaker Sports and Xtreme One Join Forces to Bring Fan Ownership to the Fight Game

Read more

November 19, 2025 · 7:59 AM UTC

NANO Nuclear Completes Initial Full-System Testing of its Patent-Pending, Proprietary Annular Linear Induction Pump Technology Validating Key Design Features Designed for Long-Term Operational Durability

Read more

November 17, 2025 · 6:00 AM UTC

OS Therapies Reports Third Quarter 2025 Financial Results and Provides Business Update

Read more

November 10, 2025 · 11:46 AM UTC

CLASS ACTION DEADLINE APPROACHING: Faruqi & Faruqi, LLP Announces that V.F. Corporation Investors Have Opportunity to Lead Class Action Lawsuit

Read more