Business Segments · Operating Costs and Expenses

Digital Real Estate Services — Operating Costs and Expenses

News Corporation Digital Real Estate Services — Operating Costs and Expenses decreased by 4.2% to $46.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $46.00M to $46.00M. Over 2 years (FY 2023 to FY 2025), Digital Real Estate Services — Operating Costs and Expenses shows relatively stable performance with a -3.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ3 2026May 8, 2026

How to read this metric

A decrease relative to revenue indicates improved operational efficiency, while an increase may signal rising infrastructure costs or aggressive investment in platform capabilities.

Detailed definition

This metric captures the direct costs associated with running the digital real estate services segment, excluding admini...

Peer comparison

Comparable to cost of revenue or direct operating expenses in other tech-enabled service firms.

Metric ID: nws_segment_digital_real_estate_services_operating_costs_and_expenses

Historical Data

15 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$50.25M$50.25M$50.25M$50.25M$47.50M$47.50M$47.50M$47.50M$47.00M$45.00M$46.00M$48.00M$53.00M$48.00M$46.00M
QoQ Change+0.0%+0.0%+0.0%-5.5%+0.0%+0.0%+0.0%-1.1%-4.3%+2.2%+4.3%+10.4%-9.4%-4.2%
YoY Change-5.5%-5.5%-5.5%-5.5%-1.1%-5.3%-3.2%+1.1%+12.8%+6.7%+0.0%
Range$45.00M$53.00M
CAGR-2.5%
Avg YoY Growth-1.0%
Median YoY Growth-3.2%
Current Streak2 quarters decline

Frequently Asked Questions

What is News Corporation's digital real estate services — operating costs and expenses?
News Corporation (NWSA) reported digital real estate services — operating costs and expenses of $46.00M in Q1 2026.
How has News Corporation's digital real estate services — operating costs and expenses changed year-over-year?
News Corporation's digital real estate services — operating costs and expenses decreased by 0.0% year-over-year, from $46.00M to $46.00M.
What is the long-term trend for News Corporation's digital real estate services — operating costs and expenses?
Over 2 years (2023 to 2025), News Corporation's digital real estate services — operating costs and expenses has grown at a -3.8% compound annual growth rate (CAGR), from $201.00M to $186.00M.
What does digital real estate services — operating costs and expenses mean?
The direct costs incurred to operate the digital real estate platform.