News Corporation (NWSA) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 2.19B | 2.59B | 2.14B | 2.11B | 2.01B | 2.24B | 2.1B | 2.58B | 1.99B | 2.13B | 2.5B | 2.43B | 2.45B | 2.52B | 2.48B | 2.67B | 2.49B | 2.72B | 2.5B | 2.49B |
| Revenue Growth % | 8.76% | 15.73% | 2.29% | -18.16% | 0.75% | 4.82% | -16.13% | 5.92% | -18.51% | -15.31% | 0.85% | -9.01% | -1.81% | -7.21% | -0.96% | 7.3% | 6.72% | 12.55% | 18.19% | 29.59% |
| Cost of Goods Sold | 1.08B | 1.28B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| COGS % of Revenue | 49.24% | 49.42% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 1.11B | 1.31B | 2.14B | 2.11B | 2.01B | 2.24B | 2.1B | 2.58B | 1.99B | 2.13B | 2.5B | 2.43B | 2.45B | 2.52B | 2.48B | 2.67B | 2.49B | 2.72B | 2.5B | 2.49B |
| Gross Margin % | 50.76% | 50.58% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| Gross Profit Growth % | -44.8% | -41.47% | 2.29% | -18.16% | 0.75% | 4.82% | -16.13% | 5.92% | -18.51% | -15.31% | 0.85% | -9.01% | -1.81% | -7.21% | -0.96% | 7.3% | 6.72% | 12.55% | 18.19% | 29.59% |
| Operating Expenses | 890M | 838M | 1.92B | 1.91B | 1.83B | 1.87B | 1.88B | 2.39B | 1.85B | 1.84B | 2.31B | 2.27B | 2.31B | 2.29B | 2.31B | 2.54B | 2.31B | 2.3B | 2.26B | 2.46B |
| OpEx % of Revenue | 40.73% | 32.36% | 89.6% | 90.42% | 91.24% | 83.69% | 89.84% | 92.7% | 92.73% | 86.42% | 92.28% | 93.3% | 94.4% | 90.68% | 93.1% | 95.06% | 92.54% | 84.62% | 90.21% | 98.64% |
| Selling, General & Admin | 890M | 838M | 863M | 870M | 815M | 797M | 819M | 936M | 797M | 765M | 862M | 821M | 841M | 818M | 855M | 1B | 888M | 852M | 848M | 999M |
| SG&A % of Revenue | 40.73% | 32.36% | 40.25% | 41.25% | 40.57% | 35.61% | 39.07% | 36.32% | 39.97% | 35.83% | 34.49% | 33.74% | 34.37% | 32.45% | 34.5% | 37.55% | 35.63% | 31.36% | 33.89% | 40.09% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 219M | 472M | 223M | 202M | 176M | 365M | 213M | 188M | 145M | 290M | 193M | 163M | 137M | 235M | 171M | 132M | 186M | 418M | 245M | 34M |
| Operating Margin % | 10.02% | 18.22% | 10.4% | 9.58% | 8.76% | 16.31% | 10.16% | 7.3% | 7.27% | 13.58% | 7.72% | 6.7% | 5.6% | 9.32% | 6.9% | 4.94% | 7.46% | 15.38% | 9.79% | 1.36% |
| Operating Income Growth % | 24.43% | 29.32% | 4.69% | 7.45% | 21.38% | 25.86% | 10.36% | 15.34% | 5.84% | 23.4% | 12.87% | 23.48% | -26.34% | -43.78% | -30.2% | 288.24% | 48.8% | 26.67% | 135.58% | -2.86% |
| EBITDA | 341M | 630M | 340M | 322M | 290M | 478M | 325M | 380M | 259M | 330M | 364M | 341M | 320M | 409M | 350M | 315M | 358M | 586M | 410M | 210M |
| EBITDA Margin % | 15.61% | 24.32% | 15.86% | 15.27% | 14.44% | 21.36% | 15.51% | 14.75% | 12.99% | 15.46% | 14.57% | 14.02% | 13.08% | 16.22% | 14.12% | 11.78% | 14.37% | 21.57% | 16.39% | 8.43% |
| EBITDA Growth % | 17.59% | 31.8% | 4.62% | -15.26% | 11.97% | 44.85% | -10.71% | 11.44% | -19.06% | -19.32% | 4% | 8.25% | -10.61% | -30.2% | -14.63% | 50% | 20.13% | 17.91% | 52.99% | 7.69% |
| D&A (Non-Cash Add-back) | 122M | 158M | 117M | 120M | 114M | 113M | 112M | 192M | 114M | 40M | 171M | 178M | 183M | 174M | 179M | 183M | 172M | 168M | 165M | 176M |
| EBIT | 219M | 472M | 218M | 202M | 176M | 433M | 213M | 128M | 145M | 292M | 118M | 5M | 116M | 181M | 128M | 11M | 158M | 382M | 360M | -86M |
| Net Interest Income | 3M | -38M | -6M | 20M | -1M | -3M | -18M | -18M | -9M | -7M | -23M | -22M | -25M | -26M | -27M | -31M | -25M | -21M | -22M | -21M |
| Interest Income | 3M | 0 | 0 | 2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 38M | 6M | -18M | 1M | 3M | 18M | 18M | 9M | 7M | 23M | 22M | 25M | 26M | 27M | 31M | 25M | 21M | 22M | 21M |
| Other Income/Expense | -30M | -240M | -11M | -70M | -25M | 65M | -3M | -78M | -49M | 1M | -98M | -180M | -46M | -80M | -70M | -152M | -53M | -57M | 93M | -141M |
| Pretax Income | 189M | 232M | 212M | 132M | 151M | 430M | 210M | 110M | 96M | 291M | 95M | -17M | 91M | 155M | 101M | -20M | 133M | 361M | 338M | -107M |
| Pretax Margin % | 8.65% | 8.96% | 9.89% | 6.26% | 7.52% | 19.21% | 10.02% | 4.27% | 4.81% | 13.63% | 3.8% | -0.7% | 3.72% | 6.15% | 4.08% | -0.75% | 5.34% | 13.29% | 13.51% | -4.29% |
| Income Tax | 68M | 76M | 62M | 46M | 44M | 124M | 61M | 39M | 32M | 97M | 37M | 15M | 32M | 61M | 35M | -147M | 29M | 99M | 71M | -92M |
| Effective Tax Rate % | 35.98% | 32.76% | 29.25% | 34.85% | 29.14% | 28.84% | 29.05% | 35.45% | 33.33% | 33.33% | 38.95% | -88.24% | 35.16% | 39.35% | 34.65% | 735% | 21.8% | 27.42% | 21.01% | 85.98% |
| Net Income | 89M | 121M | 112M | 743M | 103M | 215M | 119M | 50M | 30M | 156M | 30M | -8M | 50M | 67M | 40M | 110M | 82M | 235M | 196M | -14M |
| Net Margin % | 4.07% | 4.67% | 5.22% | 35.23% | 5.13% | 9.61% | 5.68% | 1.94% | 1.5% | 7.31% | 1.2% | -0.33% | 2.04% | 2.66% | 1.61% | 4.11% | 3.29% | 8.65% | 7.83% | -0.56% |
| Net Income Growth % | -13.59% | -43.72% | -5.88% | 1386% | 243.33% | 37.82% | 296.67% | 725% | -40% | 132.84% | -25% | -107.27% | -39.02% | -71.49% | -79.59% | 885.71% | 3.8% | 1.73% | 476.47% | 96.47% |
| Net Income (Continuing) | 121M | 156M | 150M | 86M | 107M | 306M | 149M | 71M | 64M | 194M | 58M | -32M | 59M | 94M | 66M | 127M | 104M | 262M | 267M | -15M |
| Discontinued Operations | 0 | 0 | 0 | 1000K | 1000K | -1000K | -1000K | 0 | -1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 697M | 670M | 606M | 615M | 878M | 876M | 913M | 891M | 857M | 920M | 844M | 881M | 907M | 941M | 856M | 921M | 991M | 964M | 938M | 935M |
| EPS (Diluted) | 0.16 | 0.21 | 0.20 | 1.30 | 0.18 | 0.38 | 0.21 | 0.09 | 0.05 | 0.27 | 0.05 | -0.01 | 0.09 | 0.12 | 0.07 | 0.19 | 0.14 | 0.40 | 0.33 | -0.02 |
| EPS Growth % | -11.11% | -44.74% | -4.76% | 1389.12% | 244.17% | 40.74% | 320% | 723.57% | -39.54% | 125% | -28.57% | -107.37% | -38.21% | -70% | -78.79% | 901.69% | 7.69% | 2.56% | 450% | 96.46% |
| EPS (Basic) | 0.16 | 0.21 | 0.20 | 1.31 | 0.18 | 0.38 | 0.21 | 0.09 | 0.05 | 0.27 | 0.05 | -0.01 | 0.09 | 0.12 | 0.07 | 0.19 | 0.14 | 0.40 | 0.33 | -0.02 |
| Diluted Shares Outstanding | 561.5M | 576.19M | 569.7M | 569.7M | 569.5M | 570.1M | 571.2M | 573M | 573.6M | 574M | 574M | 573M | 577.9M | 578M | 583.2M | 589M | 592.1M | 594.7M | 594.4M | 591M |
| Basic Shares Outstanding | 559.8M | 576.19M | 567.45M | 567.45M | 567.2M | 568.5M | 569.2M | 570M | 570.9M | 572M | 572M | 573M | 575.4M | 576M | 581M | 586M | 589M | 592.1M | 591.7M | 591M |
| Dividend Payout Ratio | 50.56% | 47.11% | 41.96% | 7.67% | 34.95% | 26.51% | 29.41% | 114% | 100% | 36.54% | 93.33% | - | 54% | 86.57% | 77.5% | 55.45% | 34.15% | 25.11% | 13.78% | - |