Business Segments · Operating Costs and Expenses

News Media — Operating Costs and Expenses

News Corporation News Media — Operating Costs and Expenses increased by 1.7% to $296.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.6%, from $275.00M to $296.00M. Over 2 years (FY 2023 to FY 2025), News Media — Operating Costs and Expenses shows a downward trend with a -6.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

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

How to read this metric

An increase relative to revenue suggests margin compression, while a decrease may indicate successful cost-rationalization efforts.

Detailed definition

This metric captures the total costs incurred to produce, distribute, and support the news media segment's operations, i...

Peer comparison

Similar to operating expense reporting for diversified media and newspaper publishing peers.

Metric ID: nws_segment_news_media_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$326.75M$326.75M$326.75M$326.75M$316.00M$316.00M$316.00M$316.00M$301.00M$288.00M$275.00M$278.00M$296.00M$291.00M$296.00M
QoQ Change+0.0%+0.0%+0.0%-3.3%+0.0%+0.0%+0.0%-4.7%-4.3%-4.5%+1.1%+6.5%-1.7%+1.7%
YoY Change-3.3%-3.3%-3.3%-3.3%-4.7%-8.9%-13.0%-12.0%-1.7%+1.0%+7.6%
Range$275.00M$326.75M
CAGR-2.8%
Avg YoY Growth-4.1%
Median YoY Growth-3.3%

Frequently Asked Questions

What is News Corporation's news media — operating costs and expenses?
News Corporation (NWSA) reported news media — operating costs and expenses of $296.00M in Q1 2026.
How has News Corporation's news media — operating costs and expenses changed year-over-year?
News Corporation's news media — operating costs and expenses increased by 7.6% year-over-year, from $275.00M to $296.00M.
What is the long-term trend for News Corporation's news media — operating costs and expenses?
Over 2 years (2023 to 2025), News Corporation's news media — operating costs and expenses has grown at a -6.5% compound annual growth rate (CAGR), from $1.31B to $1.14B.
What does news media — operating costs and expenses mean?
The total operating expenses required to run the news and publishing business.