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+2.3% | $2.18B+0.7% | $2.14B+1.1% | $2.15B+2.7% | $2.17B+6.9% | |
| Digital Real Estate Services | $1.93B+8.1% | $1.86B+5.4% | $1.82B+6.5% | $1.8B+8.7% | $1.78B+13.0% | |
| Dow Jones | $2.46B+7.2% | $2.41B+6.7% | $2.37B+5.3% | $2.33B+4.5% | $2.29B+3.7% | |
| News Media | $2.2B+0.3% | $2.17B-2.6% | $2.17B-3.2% | $2.17B-3.6% | $2.19B-6.0% | |
| Total Assets by Business | ||||||
| Book Publishing | $11.42B+3.5% | $11.32B+3.4% | $11.15B+2.8% | $11.16B+4.5% | $11.04B+3.6% | |
| Digital Real Estate Services | $13.18B+8.7% | $12.81B+6.5% | $12.41B+2.4% | $12.31B+3.0% | $12.13B+2.1% | |
| Dow Jones | $16.46B-0.7% | $16.51B0.0% | $16.54B-0.1% | $16.57B-0.6% | $16.57B-1.6% | |
| News Media | $8.35B+3.5% | $8.2B+1.5% | $8.06B-0.3% | $8.16B+3.0% | $8.07B+1.8% | |
| Other | $8.41B+16.0% | $8.33B+15.2% | $8.1B+12.3% | $7.67B+7.4% | $7.25B+2.6% | |
| Total Goodwill and intangible assets, net by Business | ||||||
| Book Publishing | $3.71B+2.7% | $3.68B+1.1% | $3.64B-1.8% | $3.63B-2.2% | $3.61B-4.0% | |
| Digital Real Estate Services | $7.39B+2.7% | $7.26B+0.5% | $7.12B-2.3% | $7.16B-0.8% | $7.19B+0.3% | |
| Dow Jones | $13.06B+0.7% | $13.03B+0.3% | $13B-0.2% | $12.97B-0.8% | $12.96B-1.2% | |
| News Media | $1.23B+3.9% | $1.21B+1.9% | $1.19B-1.7% | $1.19B-0.3% | $1.18B-2.4% | |
| D&A by Business | ||||||
| Book Publishing | $58M+8.4% | $57M+7.5% | $56M+4.7% | $54M0.0% | $53.5M+1.4% | |
| Digital Real Estate Services | $153M+8.3% | $149M+6.0% | $147M+5.9% | $146M+6.6% | $141.25M+5.8% | |
| Dow Jones | $161M+3.7% | $160M+4.2% | $157M+2.1% | $156M+2.0% | $155.25M+1.6% | |
| News Media | $101M+6.6% | $99M+5.9% | $100M+9.6% | $99M+8.8% | $94.75M+6.2% | |
| Other | $4M-5.9% | $4M-11.1% | $4M-15.8% | $4M-20.0% | $4.25M-22.7% | |
| Operating Costs and Expenses by Business | ||||||
| Book Publishing | $1.5B+2.3% | $1.48B+0.4% | $1.44B-0.5% | $1.45B+0.6% | $1.46B+1.1% | |
| Digital Real Estate Services | $195M+5.1% | $195M+4.3% | $192M+1.3% | $186M-2.1% | $185.5M-3.8% | |
| Dow Jones | $964M+2.3% | $954M+1.7% | $957M+3.1% | $958M+4.2% | $942.75M+2.2% | |
| News Media | $1.16B-1.6% | $1.14B-6.6% | $1.14B-9.0% | $1.14B-9.7% | $1.18B-7.4% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| Selling, General and Administrative Expense by Business | ||||||
| Book Publishing | $438M+9.3% | $423M+7.0% | $425M+9.7% | $403M+5.2% | $400.75M+7.4% | |
| Digital Real Estate Services | $1.06B+7.5% | $1.03B+3.4% | $1.01B+2.3% | $1.02B+5.7% | $989M+5.2% | |
| Dow Jones | $860M+11.8% | $841M+11.7% | $807M+6.3% | $785M+1.9% | $769.5M+1.4% | |
| News Media | $894M+4.7% | $873M+0.8% | $872M-0.5% | $875M+0.2% | $854.25M-1.8% | |
| Other | $201M-7.3% | $217M+5.1% | $228M+12.2% | $223M+5.7% | $216.75M+3.8% | |
| Total Capital expenditures by Business | ||||||
| Book Publishing | $28M+64.7% | $23M0.0% | $21M-22.2% | $16M-50.0% | $17M-50.7% | |
| Digital Real Estate Services | $154M+4.9% | $154M+9.6% | $153M+11.5% | $154M+17.6% | $146.75M+12.2% | |
| Dow Jones | $126M+35.5% | $130M+47.7% | $129M+41.8% | $130M+30.0% | $93M-4.9% | |
| News Media | $117M+44.0% | $114M+36.5% | $104M+19.9% | $103M+10.8% | $81.25M-10.2% | |
| Other | $12M+4,700% | $8M+1,500% | $5M+567% | $3M+200% | $250K-75.0% | |
| Total segment EBITDA by Business | ||||||
| Book Publishing | $280M-7.6% | $271M-10.0% | $273M-4.2% | $296M+10.0% | $303M+32.9% | |
| Digital Real Estate Services | $671M+14.9% | $640M+13.5% | $619M+17.7% | $601M+18.3% | $584M+21.4% | |
| Dow Jones | $633M+10.3% | $618M+10.4% | $601M+9.5% | $588M+8.5% | $574M+6.7% | |
| News Media | $143M-8.9% | $161M+6.6% | $165M+23.1% | $153M+17.7% | $157M-1.9% | |
| Other | -$201M+7.4% | -$217M-5.3% | -$228M-12.9% | -$223M-5.7% | -$217M-9.6% | |
| Revenue by Product | ||||||
| Advertising | $1.38B+1.0% | $1.37B-1.2% | $1.36B-1.9% | $1.37B-6.3% | $1.37B+4.0% | |
| Circulation and subscription | $3.15B+6.1% | $3.1B+5.0% | $3.05B+4.1% | $3.01B-9.2% | $2.97B— | |
| Consumer | $2.11B+1.8% | $2.07B+0.3% | $2.04B+0.8% | $2.05B+2.4% | $2.07B+6.9% | |
| Other | $667M+6.0% | $644M-0.2% | $630M-3.2% | $619M-6.6% | $629M+1.3% | |
| Real estate | $1.49B+6.9% | $1.45B+4.9% | $1.42B+7.0% | $1.41B+9.8% | $1.4B+13.4% |
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.
