News Corporation NWS Business Segments
| TTM Q3 '26 | TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Book Publishing | $2.22B+1.9% | $2.18B+1.8% | $2.14B-0.6% | $2.15B-0.8% | $2.17B+0.4% | |
| Digital Real Estate Services | $1.93B+3.6% | $1.86B+2.1% | $1.82B+1.2% | $1.8B+1.0% | $1.78B+1.0% | |
| Dow Jones | $2.46B+1.8% | $2.41B+2.0% | $2.37B+1.5% | $2.33B+1.7% | $2.29B+1.4% | |
| News Media | $2.2B+1.1% | $2.17B0.0% | $2.17B+0.2% | $2.17B-1.0% | $2.19B-1.9% | |
| Total Assets by Business | ||||||
| Book Publishing | $11.42B+0.9% | $11.32B+1.6% | $11.15B-0.1% | $11.16B+1.1% | $11.04B+0.8% | |
| Digital Real Estate Services | $13.18B+2.9% | $12.81B+3.2% | $12.41B+0.8% | $12.31B+1.5% | $12.13B+0.8% | |
| Dow Jones | $16.46B-0.3% | $16.51B-0.2% | $16.54B-0.2% | $16.57B0.0% | $16.57B+0.4% | |
| News Media | $8.35B+1.8% | $8.2B+1.7% | $8.06B-1.1% | $8.16B+1.0% | $8.07B-0.1% | |
| Other | $8.41B+0.9% | $8.33B+2.8% | $8.1B+5.6% | $7.67B+5.9% | $7.25B+0.2% | |
| Total Goodwill and intangible assets, net by Business | ||||||
| Book Publishing | $3.71B+0.7% | $3.68B+1.3% | $3.64B+0.1% | $3.63B+0.7% | $3.61B-1.0% | |
| Digital Real Estate Services | $7.39B+1.8% | $7.26B+1.9% | $7.12B-0.6% | $7.16B-0.4% | $7.19B-0.4% | |
| Dow Jones | $13.06B+0.2% | $13.03B+0.2% | $13B+0.2% | $12.97B+0.1% | $12.96B-0.3% | |
| News Media | $1.23B+1.2% | $1.21B+1.8% | $1.19B-0.3% | $1.19B+1.2% | $1.18B-0.8% | |
| D&A by Business | ||||||
| Book Publishing | $58M+1.8% | $57M+1.8% | $56M+3.7% | $54M+0.9% | $53.5M+0.9% | |
| Digital Real Estate Services | $153M+2.7% | $149M+1.4% | $147M+0.7% | $146M+3.4% | $141.25M+0.5% | |
| Dow Jones | $161M+0.6% | $160M+1.9% | $157M+0.6% | $156M+0.5% | $155.25M+1.1% | |
| News Media | $101M+2.0% | $99M-1.0% | $100M+1.0% | $99M+4.5% | $94.75M+1.3% | |
| Other | $4M0.0% | $4M0.0% | $4M0.0% | $4M-5.9% | $4.25M-5.6% | |
| Operating Costs and Expenses by Business | ||||||
| Book Publishing | $1.5B+1.1% | $1.48B+2.9% | $1.44B-0.8% | $1.45B-1.0% | $1.46B-0.8% | |
| Digital Real Estate Services | $195M0.0% | $195M+1.6% | $192M+3.2% | $186M+0.3% | $185.5M-0.8% | |
| Dow Jones | $964M+1.0% | $954M-0.3% | $957M-0.1% | $958M+1.6% | $942.75M+0.5% | |
| News Media | $1.16B+1.8% | $1.14B+0.3% | $1.14B-0.4% | $1.14B-3.2% | $1.18B-3.4% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| Selling, General and Administrative Expense by Business | ||||||
| Book Publishing | $438M+3.5% | $423M-0.5% | $425M+5.5% | $403M+0.6% | $400.75M+1.3% | |
| Digital Real Estate Services | $1.06B+3.5% | $1.03B+1.4% | $1.01B-0.2% | $1.02B+2.6% | $989M-0.4% | |
| Dow Jones | $860M+2.3% | $841M+4.2% | $807M+2.8% | $785M+2.0% | $769.5M+2.2% | |
| News Media | $894M+2.4% | $873M+0.1% | $872M-0.3% | $875M+2.4% | $854.25M-1.4% | |
| Other | $201M-7.4% | $217M-4.8% | $228M+2.2% | $223M+2.9% | $216.75M+5.0% | |
| Total Capital expenditures by Business | ||||||
| Book Publishing | $28M+21.7% | $23M+9.5% | $21M+31.3% | $16M-5.9% | $17M-26.1% | |
| Digital Real Estate Services | $154M0.0% | $154M+0.7% | $153M-0.6% | $154M+4.9% | $146.75M+4.4% | |
| Dow Jones | $126M-3.1% | $130M+0.8% | $129M-0.8% | $130M+39.8% | $93M+5.7% | |
| News Media | $117M+2.6% | $114M+9.6% | $104M+1.0% | $103M+26.8% | $81.25M-2.7% | |
| Other | $12M+50.0% | $8M+60.0% | $5M+66.7% | $3M+1,100% | $250K-50.0% | |
| Total segment EBITDA by Business | ||||||
| Book Publishing | $280M+3.3% | $271M-0.7% | $273M-7.8% | $296M-2.3% | $303M+0.7% | |
| Digital Real Estate Services | $671M+4.8% | $640M+3.4% | $619M+3.0% | $601M+2.9% | $584M+3.5% | |
| Dow Jones | $633M+2.4% | $618M+2.8% | $601M+2.2% | $588M+2.4% | $574M+2.5% | |
| News Media | $143M-11.2% | $161M-2.4% | $165M+7.8% | $153M-2.5% | $157M+4.0% | |
| Other | -$201M+7.4% | -$217M+4.8% | -$228M-2.2% | -$223M-2.8% | -$217M-5.3% | |
| Revenue by Product | ||||||
| Advertising | $1.38B+1.0% | $1.37B+0.3% | $1.36B-0.3% | $1.37B-0.1% | $1.37B-1.1% | |
| Circulation and subscription | $3.15B+1.7% | $3.1B+1.5% | $3.05B+1.3% | $3.01B+1.3% | $2.97B+0.7% | |
| Consumer | $2.11B+1.8% | $2.07B+1.7% | $2.04B-0.5% | $2.05B-1.2% | $2.07B+0.4% | |
| Other | $667M+3.6% | $644M+2.2% | $630M+1.8% | $619M-1.6% | $629M-2.5% | |
| Real estate | $1.49B+3.2% | $1.45B+1.7% | $1.42B+0.9% | $1.41B+0.9% | $1.4B+1.2% |
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.
