News Corporation (NWSA) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 499M | 236M | 80M | 188M | 578M | 304M | 64M | 254M | 539M | 359M | -55M | 422M | 509M | 192M | -31M | 324M | 600M | 362M | 68M | 177M |
| Operating CF Margin % | 22.84% | 9.11% | 3.73% | 8.91% | 28.77% | 13.58% | 3.05% | 9.86% | 27.03% | 16.81% | -2.2% | 17.34% | 20.8% | 7.62% | -1.25% | 12.12% | 24.08% | 13.32% | 2.72% | 7.1% |
| Operating CF Growth % | -13.67% | -22.37% | 25% | -25.98% | 7.24% | -15.32% | 216.36% | -39.81% | 5.89% | 86.98% | -77.42% | 30.25% | -15.17% | -46.96% | -145.59% | 83.05% | 3.99% | 10.37% | -56.13% | -44.34% |
| Net Income | 89M | 242M | 150M | 53M | 81M | 228M | 144M | 71M | 64M | 190M | 58M | -32M | 59M | 94M | 66M | 127M | 104M | 262M | 267M | -15M |
| Depreciation & Amortization | 122M | 118M | 117M | 120M | 114M | 113M | 189M | 192M | 114M | 40M | 171M | 178M | 183M | 174M | 179M | 183M | 172M | 168M | 165M | 176M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 92M | 0 | 0 | 0 | 59M | 0 | 0 | 0 | 0 |
| Deferred Taxes | 7M | 44M | 18M | 24M | 3M | 66M | 14M | -35M | -2M | 47M | 13M | -21M | 10M | 21M | -4M | -194M | -10M | 52M | 27M | -133M |
| Other Non-Cash Items | 76M | 44M | 16M | 33M | 126M | 27M | 5M | 52M | 99M | 53M | 83M | 33M | 23M | 66M | 53M | 68M | 50M | 48M | -101M | 78M |
| Working Capital Changes | 205M | -212M | -221M | -42M | 254M | -130M | -288M | -26M | 264M | 29M | -380M | 172M | 234M | -163M | -325M | 81M | 284M | -168M | -290M | 71M |
| Change in Receivables | 0 | -276M | -77M | -1M | 152M | -140M | -107M | -135M | 76M | 49M | -128M | 90M | 0 | 0 | -96M | 11M | 160M | 0 | 9M | 67M |
| Change in Inventory | 1M | 34M | -3M | 3M | -18M | 37M | -68M | 66M | -2M | 78M | -55M | 53M | -44M | 50M | -61M | -5M | -88M | 65M | -59M | 27M |
| Change in Payables | 121M | 30M | -141M | -44M | 120M | -27M | -113M | 43M | 190M | -98M | -197M | 29M | 163M | 42M | -168M | 75M | 212M | -2M | -240M | 143M |
| Cash from Investing | -128M | -150M | -101M | 106M | -160M | 37M | -136M | -120M | -125M | -119M | -159M | -134M | -103M | -207M | -130M | -522M | -1.3B | -154M | -95M | -946M |
| Capital Expenditures | -100M | -99M | -81M | -157M | -93M | -62M | -95M | -143M | -92M | -30M | -124M | -149M | -133M | -113M | -104M | -182M | -107M | -107M | -103M | -137M |
| CapEx % of Revenue | 4.58% | 3.82% | 3.78% | 7.44% | 4.63% | 2.77% | 4.53% | 5.55% | 4.61% | 1.41% | 4.96% | 6.12% | 5.44% | 4.48% | 4.2% | 6.81% | 4.29% | 3.94% | 4.12% | 5.5% |
| Acquisitions | 1M | -77M | -40M | -43M | -45M | 155M | -41M | -2M | -8M | -7M | -35M | 60M | -13M | -96M | -11M | -306M | -1.2B | -51M | -16M | -795M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -9M | -6M | -1M | 308M | -22M | -56M | 0 | 25M | -25M | -82M | 0 | -45M | 43M | 2M | -15M | -34M | 1M | 4M | 24M | -14M |
| Cash from Financing | -257M | -240M | -179M | -99M | -111M | -206M | -147M | -124M | -175M | -79M | -65M | -119M | -70M | -163M | -149M | 230M | 372M | -113M | -85M | 1.03B |
| Debt Issued (Net) | 37M | -6M | -6M | -3M | -4M | -103M | -32M | -12M | -79M | 13M | -8M | -3M | -17M | -46M | -9M | 357M | 500M | 0 | -5M | 1.12B |
| Equity Issued (Net) | -192M | -172M | -92M | -36M | -36M | -40M | -38M | -34M | -27M | -27M | -29M | -47M | -18M | -51M | -127M | -54M | -82M | -43M | 0 | 0 |
| Dividends Paid | -45M | -57M | -47M | -57M | -36M | -57M | -35M | -57M | -30M | -57M | -28M | -58M | -27M | -58M | -31M | -61M | -28M | -59M | -27M | -59M |
| Share Repurchases | -192M | -172M | -92M | -36M | -36M | -40M | -38M | -34M | -27M | -27M | -29M | -47M | -18M | -51M | -127M | -54M | -82M | -43M | 0 | 0 |
| Other Financing | -57M | -5M | -34M | -3M | -35M | -6M | -42M | -21M | -39M | -8M | 0 | -11M | -8M | -8M | 18M | -12M | -18M | -11M | -53M | -32M |
| Net Change in Cash | 120M | -147M | -205M | 308M | 325M | 68M | -182M | 17M | 219M | 195M | -304M | 174M | 331M | -130M | -364M | -43M | -319M | 84M | -136M | 262M |
| Free Cash Flow | 399M | 137M | -1M | 31M | 485M | 242M | -31M | 111M | 447M | 329M | -179M | 273M | 376M | 79M | -135M | 142M | 493M | 255M | -35M | 40M |
| FCF Margin % | 18.26% | 5.29% | -0.05% | 1.47% | 24.14% | 10.81% | -1.48% | 4.31% | 22.42% | 15.41% | -7.16% | 11.22% | 15.37% | 3.13% | -5.45% | 5.31% | 19.78% | 9.39% | -1.4% | 1.61% |
| FCF Growth % | -17.73% | -43.39% | 96.77% | -72.07% | 8.5% | -26.44% | 82.68% | -59.34% | 18.88% | 316.46% | -32.59% | 92.25% | -23.73% | -69.02% | -285.71% | 255% | -0.8% | 2.82% | -156.45% | -81.4% |
| FCF per Share | 0.71 | 0.24 | -0.00 | 0.05 | 0.85 | 0.42 | -0.05 | 0.19 | 0.78 | 0.57 | -0.31 | 0.48 | 0.65 | 0.14 | -0.23 | 0.24 | 0.83 | 0.43 | -0.06 | 0.07 |
| FCF Conversion (FCF/Net Income) | 5.61x | 1.95x | 0.71x | 0.25x | 5.61x | 1.41x | 0.54x | 5.08x | 17.97x | 2.30x | -1.83x | -52.75x | 10.18x | 2.87x | -0.78x | 2.95x | 7.32x | 1.54x | 0.35x | -12.64x |
| Interest Paid | 0 | 27M | 20M | 34M | 18M | 26M | 15M | 73M | 3M | 2M | 19M | 0 | 15M | 26M | 28M | 0 | 14M | 35M | 14M | 0 |
| Taxes Paid | 0 | 67M | 56M | -150M | 42M | 60M | 48M | 46M | 36M | 49M | 25M | 0 | 33M | 41M | 40M | 0 | 40M | 47M | 45M | 0 |