NASDAQ$NWSA

News Corp · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

News Corp reported Q2 2026 revenue of $2.36B with net income attributable to stockholders of $193M and diluted EPS of $0.34.

For the quarter ended December 31, 2025, total revenue was $2.36 billion versus $2.24 billion a year ago, led by circulation/subscription, digital real estate, and consumer segments. Net income attributable to News Corporation stockholders was $193 million ($0.34 diluted EPS from continuing operations). Six-month revenue reached $4.51 billion with stockholder net income of $305 million.

  • Q2 revenue $2.36B; stockholder net income $193M.
  • Diluted EPS $0.34 from continuing operations.
  • Digital real estate and subscription revenues supported top-line growth.
  • Company paid a $0.10 semi-annual dividend in October 2025.

Headline financials

Total Revenue

$2.36B

Previous: $2.24B+5.5%
EPS (adj)

$0.34

Previous: $0.38-10.1%
WSJ Digital-Only Subscriptions

4.3M

Previous: 3.8M+13.3%
WSJ Total Subscriptions

4.7M

Previous: 4.2M+10.7%
Barron's Group Digital-Only Subscriptions

1.4M

Previous: 1.3M+5.6%
Barron's Group Total Subscriptions

1.5M

Previous: 1.5M+3.6%
Total Consumer Digital-Only Subscriptions

6.0M

Previous: 5.4M+12.3%
Total Consumer Subscriptions

6.5M

Previous: 5.9M+9.9%
Realtor.com Avg Monthly Unique Users

62.0M

Previous: 61.4M+1.0%
News Corp Australia Digital Subscribers

1.2M

Previous: 1.1M+3.7%
The Times & Sunday Times Digital Subscribers

659.0K

Previous: 616.0K+7.0%
The Sun Global Monthly Unique Users

70.0M

Previous: 70.0M+0.0%
New York Post Digital Network Unique Users

85.0M

Previous: 90.0M-5.6%
Capital Expenditures

-$180M

Previous: -$157M-14.6%
Net Income

$193M

Previous: $306M-36.9%
Operating Income

$367M

Previous: $430M-14.7%

Revenue & EPS history

News Corp · Revenue · Quarterly

$2.36B

Q2 2026+5.5%vs Q2 2025
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

News Corp · $1.61B total across 3 segments · Q1 2024

  • News Media
    $548M-0.9%
  • Dow Jones
    $537M+4.3%
  • Book Publishing
    $525M+7.8%

Forward guidance

The release discusses NWSA's outlook for upcoming periods, including capital allocation, operating priorities, and market risks.

Tailwinds

  • NWSA cites operational execution and demand trends supporting the outlook.
  • Balance sheet and capital actions aim to fund growth and shareholder returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

+1.4%

Avg return

Earnings day

+2.5%

Avg return

5 days after

+2.2%

Avg return

30 days after

57%

29 / 51 earnings

Positive

+13.2%

Q1 2021

Best reaction

-18.6%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-1.2%-1.4%+0.7%
Q2 2026-7.1%-4.1%+1.7%
Q1 2026+6.7%+6.9%+3.8%
Q3 2025-1.5%-0.7%-2.4%
Q2 2025-0.8%+2.3%-2.8%
Q1 2025+4.0%+1.3%+1.4%
Q4 2024+6.6%+5.8%+2.0%
Q3 2024+1.5%+4.3%+11.3%
Q2 2024+5.1%+5.6%+6.7%
Q1 2024-2.3%-2.1%+2.5%
Q4 2023+4.4%+2.8%+3.5%
Q3 2023+8.7%+10.3%+15.3%
Q2 2023-10.9%-9.9%-23.3%
Q1 2023-2.9%+8.0%+8.6%
Q4 2022+7.9%+10.7%-1.1%
Q3 2022-18.6%-15.7%-17.5%
Q2 2022+1.4%+2.1%-5.1%
Q1 2022+5.8%+1.7%-6.8%
Q4 2021+1.5%-0.2%-7.3%
Q3 2021+5.4%+5.8%+0.4%
Q2 2021+8.1%+11.8%+22.8%
Q1 2021+13.2%+20.2%+38.0%
Q4 2020+7.6%+12.0%+12.5%
Q3 2020+12.6%+9.5%+34.0%
Q2 2020+0.3%+0.3%-21.8%
Q1 2020-5.4%-3.2%-2.5%
Q4 2019+7.2%+9.8%+10.3%
Q3 2019+3.6%+0.9%+2.6%
Q2 2019-3.1%-4.0%-0.9%
Q1 2019+6.2%+3.2%-6.9%
Q4 2018-12.1%-9.6%-16.4%
Q3 2018-6.9%-4.4%-4.2%
Q2 2018-1.8%+1.0%+2.6%
Q1 2018+7.6%+8.0%+17.0%
Q4 2017-5.2%-6.1%-7.3%
Q3 2017-0.4%-0.6%+5.6%
Q2 2017+9.2%+7.6%+1.8%
Q1 2017-0.4%+1.9%-0.5%
Q4 2016+3.7%+5.3%+7.4%
Q3 2016+3.7%
Q2 2016-6.1%
Q1 2016-3.0%
Q4 2015+8.4%
Q3 2015-7.2%
Q2 2015+4.4%
Q1 2015+1.7%
Q4 2014-2.3%
Q3 2014+5.2%
Q2 2014+11.0%
Q1 2014-2.5%
Q4 2013-2.0%
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012

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