News Corporation NWS Business Segments
| Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Book Publishing | $555M-12.3% | $633M+18.5% | $534M+8.1% | $494M-3.9% | $514M-13.6% | |
| Digital Real Estate Services | $473M-7.4% | $511M+6.7% | $479M+2.8% | $466M+14.8% | $406M-14.2% | |
| Dow Jones | $619M-4.5% | $648M+10.6% | $586M-3.0% | $604M+5.0% | $575M-4.2% | |
| News Media | $538M-5.6% | $570M+4.6% | $545M0.0% | $545M+6.0% | $514M-9.8% | |
| Total Assets by Business | ||||||
| Book Publishing | $2.83B-5.6% | $3B+6.7% | $2.81B+1.7% | $2.77B+1.1% | $2.74B-3.2% | |
| Digital Real Estate Services | $3.41B+1.0% | $3.38B+5.8% | $3.19B-0.3% | $3.2B+5.4% | $3.04B+2.0% | |
| Dow Jones | $4.14B+0.8% | $4.1B+0.4% | $4.09B-1.1% | $4.13B-1.1% | $4.18B+1.0% | |
| News Media | $2.13B+1.8% | $2.1B+3.6% | $2.02B-3.8% | $2.1B+6.1% | $1.98B+1.3% | |
| Other | $2B+3.8% | $1.93B-12.4% | $2.2B-3.7% | $2.28B+18.7% | $1.92B+13.3% | |
| Total Goodwill and intangible assets, net by Business | ||||||
| Book Publishing | $913M-1.5% | $927M+0.3% | $924M-1.8% | $941M+5.8% | $889M+0.9% | |
| Digital Real Estate Services | $1.89B-0.1% | $1.89B+4.5% | $1.81B+0.6% | $1.8B+2.2% | $1.76B+0.3% | |
| Dow Jones | $3.25B-0.4% | $3.27B-0.4% | $3.28B+0.7% | $3.26B+0.9% | $3.23B-0.4% | |
| News Media | $306M-0.6% | $308M+1.3% | $304M-1.3% | $308M+5.5% | $292M+2.1% | |
| D&A by Business | ||||||
| Book Publishing | $15M+7.1% | $14M-6.7% | $15M+7.1% | $14M0.0% | $14M+7.7% | |
| Digital Real Estate Services | $39M+2.6% | $38M+2.7% | $37M-5.1% | $39M+11.4% | $35M-2.8% | |
| Dow Jones | $41M0.0% | $41M+2.5% | $40M+2.6% | $39M-2.5% | $40M+5.3% | |
| News Media | $26M+8.3% | $24M0.0% | $24M-11.1% | $27M+12.5% | $24M-4.0% | |
| Other | $1M0.0% | $1M0.0% | $1M0.0% | $1M0.0% | $1M0.0% | |
| Operating Costs and Expenses by Business | ||||||
| Book Publishing | $366M-15.3% | $432M+22.0% | $354M+2.3% | $346M-0.9% | $349M-10.5% | |
| Digital Real Estate Services | $46M-4.2% | $48M-9.4% | $53M+10.4% | $48M+4.3% | $46M+2.2% | |
| Dow Jones | $244M+3.0% | $237M-0.4% | $238M-2.9% | $245M+4.7% | $234M-2.5% | |
| News Media | $296M+1.7% | $291M-1.7% | $296M+6.5% | $278M+1.1% | $275M-4.5% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| Selling, General and Administrative Expense by Business | ||||||
| Book Publishing | $116M+13.7% | $102M-16.4% | $122M+24.5% | $98M-3.0% | $101M-2.9% | |
| Digital Real Estate Services | $272M+5.8% | $257M-4.1% | $268M+0.8% | $266M+12.7% | $236M-2.9% | |
| Dow Jones | $228M+3.6% | $220M+7.8% | $204M-1.9% | $208M-0.5% | $209M+12.4% | |
| News Media | $227M+8.6% | $209M-4.6% | $219M-8.4% | $239M+16.0% | $206M-1.0% | |
| Other | $47M+4.4% | $45M-10.0% | $50M-15.3% | $59M-6.3% | $63M+12.5% | |
| Total Capital expenditures by Business | ||||||
| Book Publishing | $7M+16.7% | $6M-25.0% | $8M+14.3% | $7M+250% | $2M-50.0% | |
| Digital Real Estate Services | $39M+5.4% | $37M-2.6% | $38M-5.0% | $40M+2.6% | $39M+8.3% | |
| Dow Jones | $26M+13.0% | $23M+53.3% | $15M-75.8% | $62M+107% | $30M+36.4% | |
| News Media | $24M-20.0% | $30M+66.7% | $18M-60.0% | $45M+114% | $21M+5.0% | |
| Other | $4M+33.3% | $3M+50.0% | $2M-33.3% | $3M— | $0— | |
| Total segment EBITDA by Business | ||||||
| Book Publishing | $73M-26.3% | $99M+70.7% | $58M+16.0% | $50M-21.9% | $64M-36.6% | |
| Digital Real Estate Services | $155M-24.8% | $206M+30.4% | $158M+3.9% | $152M+22.6% | $124M-33.0% | |
| Dow Jones | $147M-23.0% | $191M+32.6% | $144M-4.6% | $151M+14.4% | $132M-24.1% | |
| News Media | $15M-78.6% | $70M+133% | $30M+7.1% | $28M-15.2% | $33M-55.4% | |
| Other | -$47M-4.4% | -$45M+10.0% | -$50M+15.3% | -$59M+6.3% | -$63M-12.5% | |
| Revenue by Product | ||||||
| Advertising | $322M-17.2% | $389M+22.7% | $317M-10.2% | $353M+14.6% | $308M-20.0% | |
| Circulation and subscription | $809M+2.1% | $792M+1.3% | $782M+2.1% | $766M+1.5% | $755M+1.3% | |
| Consumer | $530M-12.7% | $607M+19.0% | $510M+10.4% | $462M-6.1% | $492M-14.0% | |
| Other | $159M-8.1% | $173M+4.8% | $165M-2.9% | $170M+25.0% | $136M-14.5% | |
| Real estate | $365M-9.0% | $401M+8.4% | $370M+3.4% | $358M+12.6% | $318M-15.6% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does News Corporation break its business down?
- News Corporation (NWS) reports revenue by business across 4 parts — Book Publishing, Digital Real Estate Services, Dow Jones and News Media. Each is extracted from the segment footnotes and tracked over time.
- Where does News Corporation's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in News Corporation's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
