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Non-Current Liabilities

Operating Lease Liabilities

News Corporation Operating Lease Liabilities decreased by 4.8% to $854M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.8%, from $879M to $854M. Over 4 years (FY 2021 to FY 2025), Operating Lease Liabilities shows a downward trend with a -5.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ3 2026May 8, 2026

How to read this metric

An increase reflects expanded operational footprint or longer lease terms, while a decrease indicates lease expirations or downsizing.

Detailed definition

Represents the present value of future lease payments for assets like office space or equipment that are due beyond the...

Peer comparison

Standardized under modern accounting rules, making it highly comparable across companies with significant real estate footprints.

Metric ID: operating_lease_liabilities_non_current

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$1.12B$1.08B$1.04B$1.04B$947M$888M$1.09B$1.09B$1.13B$1.08B$1.09B$1.05B$912M$1.04B$872M$879M$904M$900M$897M$854M
QoQ Change-3.3%-4.1%+0.5%-8.9%-6.2%+23.0%+0.1%+3.2%-4.2%+0.8%-3.4%-13.4%+13.6%-15.8%+0.8%+2.8%-0.4%-0.3%-4.8%
YoY Change-15.1%-17.7%+5.5%+5.1%+19.1%+21.7%-0.2%-3.7%-19.1%-4.2%-20.0%-16.5%-0.9%-13.1%+2.9%-2.8%
Range$854M$1.13B
CAGR-5.5%
Avg YoY Growth-3.7%
Median YoY Growth-3.3%
Current Streak3 quarters decline

Frequently Asked Questions

What is News Corporation's operating lease liabilities?
News Corporation (NWS) reported operating lease liabilities of $854M in Q1 2026.
How has News Corporation's operating lease liabilities changed year-over-year?
News Corporation's operating lease liabilities decreased by 2.8% year-over-year, from $879M to $854M.
What is the long-term trend for News Corporation's operating lease liabilities?
Over 4 years (2021 to 2025), News Corporation's operating lease liabilities has grown at a -5.1% compound annual growth rate (CAGR), from $1.12B to $904M.
What does operating lease liabilities mean?
The long-term portion of the company's obligations for leased property and equipment.