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.
A decrease relative to revenue indicates improved operational efficiency, while an increase may signal rising infrastructure costs or aggressive investment in platform capabilities.
This metric captures the direct costs associated with running the digital real estate services segment, excluding admini...
Comparable to cost of revenue or direct operating expenses in other tech-enabled service firms.
nws_segment_digital_real_estate_services_operating_costs_and_expenses| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '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% |