Operating Expenses

Total Operating Expenses

News Corporation Total Operating Expenses decreased by 5.6% to $952.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.3%, from $904.00M to $952.00M. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows a downward trend with a -6.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

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

How to read this metric

A decrease relative to revenue suggests improved operational efficiency, whereas a significant increase may indicate rising costs or aggressive investment.

Detailed definition

Total operating expenses encompass all costs incurred in the normal course of business to generate revenue, excluding no...

Peer comparison

Standard metric across all industries, though composition varies by business model (e.g., service vs. manufacturing).

Metric ID: total_operating_expenses

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$1.28B$1.24B$1.28B$1.25B$1.36B$1.27B$1.29B$1.29B$58.00M$1.27B$970.00M$938.00M$928.00M$952.00M$963.00M$904.00M$917.00M$941.00M$1.01B$952.00M
QoQ Change-3.0%+2.8%-2.6%+8.7%-6.1%+1.6%-0.6%-95.5%>999%-23.8%-3.3%-1.1%+2.6%+1.2%-6.1%+1.4%+2.6%+7.1%-5.6%
YoY Change+5.6%+2.3%+1.2%+3.2%-95.7%+0.0%-25.0%-27.1%>999%-25.2%-0.7%-3.6%-1.2%-1.2%+4.7%+5.3%
Range$58.00M$1.36B
CAGR-6.1%
Avg YoY Growth+83.9%
Median YoY Growth-0.4%

Business Segments

View all
SegmentQ3 '26
Book Publishing$366.00M
News Media$296.00M
Dow Jones$244.00M
Digital Real Estate Services$46.00M
Total$952.00M

Frequently Asked Questions

What is News Corporation's total operating expenses?
News Corporation (NWS) reported total operating expenses of $952.00M in Q1 2026.
How has News Corporation's total operating expenses changed year-over-year?
News Corporation's total operating expenses increased by 5.3% year-over-year, from $904.00M to $952.00M.
What is the long-term trend for News Corporation's total operating expenses?
Over 4 years (2021 to 2025), News Corporation's total operating expenses has grown at a -6.2% compound annual growth rate (CAGR), from $4.83B to $3.74B.
What does total operating expenses mean?
The total cost of running the day-to-day business operations.