Goodwill
News Corporation Goodwill decreased by 0.3% to $4.49B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.7%, from $4.29B to $4.49B. Over 4 years (FY 2021 to FY 2025), Goodwill shows relatively stable performance with a -1.5% CAGR.
Analysis
How to read this metric
An increase suggests recent M&A activity, while a decrease often signals impairment charges due to underperforming acquisitions.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during a business acquisition...
Peer comparison
Common in media conglomerates that grow through frequent acquisitions; high levels relative to equity may signal future impairment risk.
goodwillHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | 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 | $4.65B | $4.57B | $4.56B | $5.17B | $5.17B | $5.04B | $5.17B | $5.14B | $4.29B | $5.10B | $5.21B | $5.13B | $4.34B | $5.26B | $4.27B | $4.29B | $4.37B | $4.42B | $4.50B | $4.49B |
| QoQ Change | — | -1.8% | -0.2% | +13.5% | -0.1% | -2.5% | +2.5% | -0.6% | -16.5% | +18.9% | +2.2% | -1.6% | -15.5% | +21.3% | -18.9% | +0.5% | +2.1% | +1.1% | +1.8% | -0.3% |
| YoY Change | — | — | — | — | +11.1% | +10.4% | +13.4% | -0.7% | -17.0% | +1.2% | +0.9% | -0.1% | +1.0% | +3.0% | -18.2% | -16.5% | +0.9% | -15.9% | +5.5% | +4.7% |
Business Segments
| Segment | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Dow Jones | $3.25B | $3.25B | $3.24B | $3.23B | $3.26B | $3.28B | $3.27B | $3.25B |
| Digital Real Estate Services | $1.83B | $1.85B | $1.75B | $1.76B | $1.80B | $1.81B | $1.89B | $1.89B |
| Book Publishing | $914.00M | $922.00M | $881.00M | $889.00M | $941.00M | $924.00M | $927.00M | $913.00M |
| News Media | $294.00M | $308.00M | $286.00M | $292.00M | $308.00M | $304.00M | $308.00M | $306.00M |
| News and Information Services Segment | $131.00M | — | — | — | $135.00M | — | — | — |
| Subscription Video Services | $1.22B | $1.25B | $1.27B | — | — | — | — | — |
| Total | $4.34B | $5.26B | $4.27B | $4.29B | $4.37B | $4.42B | $4.50B | $4.49B |
Other, Subscription Video Services were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is News Corporation's goodwill?
- News Corporation (NWS) reported goodwill of $4.49B in Q1 2026.
- How has News Corporation's goodwill changed year-over-year?
- News Corporation's goodwill increased by 4.7% year-over-year, from $4.29B to $4.49B.
- What is the long-term trend for News Corporation's goodwill?
- Over 4 years (2021 to 2025), News Corporation's goodwill has grown at a -1.5% compound annual growth rate (CAGR), from $4.65B to $4.37B.
- What does goodwill mean?
- The excess purchase price paid for an acquisition over the value of its tangible assets.