News Corporation News Media — Selling, General and Administrative Expense increased by 8.6% to $227.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.2%, from $206.00M to $227.00M. Over 2 years (FY 2023 to FY 2025), News Media — Selling, General and Administrative Expense shows relatively stable performance with a 0.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising SG&A as a percentage of revenue may indicate inefficiency or aggressive expansion, while falling levels suggest improved operational leverage.
This metric represents the overhead costs associated with the news media segment, including sales commissions, marketing...
Standardized across media companies as a measure of corporate overhead and sales efficiency.
nws_segment_news_media_selling_general_and_administrative_expense| 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 | $215.25M | $215.25M | $215.25M | $215.25M | $218.25M | $218.25M | $218.25M | $218.25M | $222.00M | $208.00M | $206.00M | $239.00M | $219.00M | $209.00M | $227.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +1.4% | +0.0% | +0.0% | +0.0% | +1.7% | -6.3% | -1.0% | +16.0% | -8.4% | -4.6% | +8.6% |
| YoY Change | — | — | — | — | +1.4% | +1.4% | +1.4% | +1.4% | +1.7% | -4.7% | -5.6% | +9.5% | -1.4% | +0.5% | +10.2% |