Operating Expenses

SG&A

News Corporation SG&A increased by 6.8% to $890.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.2%, from $815.00M to $890.00M. Over 4 years (FY 2021 to FY 2025), SG&A shows relatively stable performance with a 0.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ3 2026May 8, 2026

How to read this metric

Lower ratios relative to revenue suggest high operating leverage, while rising SG&A may indicate increased marketing spend or administrative bloat.

Detailed definition

SG&A expenses represent the costs associated with the non-production side of the business, including marketing, sales co...

Peer comparison

Standard operating expense category used by virtually all public companies to track overhead.

Metric ID: selling_general_and_administrative

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$999.00M$848.00M$852.00M$888.00M$1.00B$855.00M$818.00M$841.00M$498.00M$862.00M$765.00M$797.00M$856.00M$819.00M$797.00M$815.00M$870.00M$863.00M$833.00M$890.00M
QoQ Change-15.1%+0.5%+4.2%+13.1%-14.8%-4.3%+2.8%-40.8%+73.1%-11.3%+4.2%+7.4%-4.3%-2.7%+2.3%+6.7%-0.8%-3.5%+6.8%
YoY Change+0.5%+0.8%-4.0%-5.3%-50.4%+0.8%-6.5%-5.2%+71.9%-5.0%+4.2%+2.3%+1.6%+5.4%+4.5%+9.2%
Range$498.00M$1.00B
CAGR-2.4%
Avg YoY Growth+1.6%
Median YoY Growth+0.8%

Business Segments

View all
SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Digital Real Estate Services$240.00M$270.00M$243.00M$236.00M$266.00M$268.00M$257.00M$272.00M
Dow Jones$192.50M$182.00M$186.00M$209.00M$208.00M$204.00M$220.00M$228.00M
News Media$218.25M$222.00M$208.00M$206.00M$239.00M$219.00M$209.00M$227.00M
Book Publishing$95.75M$100.00M$104.00M$101.00M$98.00M$122.00M$102.00M$116.00M
Other$52.75M$45.00M$56.00M$63.00M
Total$856.00M$819.00M$797.00M$815.00M$870.00M$863.00M$833.00M$890.00M

Frequently Asked Questions

What is News Corporation's sg&a?
News Corporation (NWS) reported sg&a of $890.00M in Q1 2026.
How has News Corporation's sg&a changed year-over-year?
News Corporation's sg&a increased by 9.2% year-over-year, from $815.00M to $890.00M.
What is the long-term trend for News Corporation's sg&a?
Over 4 years (2021 to 2025), News Corporation's sg&a has grown at a 0.4% compound annual growth rate (CAGR), from $3.25B to $3.30B.
What does sg&a mean?
The costs of managing, marketing, and supporting the business rather than producing goods.