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New York Times NYT Gross margin

Gross margin at other companies

Warner Bros. Discovery, Inc. logo
Warner Bros. Discovery, Inc.WBD
45.2%+2.7pp
Reddit logo
RedditRDDT
91.4%+0.6pp
Pinterest, Inc. logo
Pinterest, Inc.PINS
79.9%+0.3pp
Adobe logo
AdobeADBE
89.4%+0.2pp
Omnicom Group logo
Omnicom GroupOMC
18.1%-0.6pp
Lamar Advertising logo
Lamar AdvertisingLAMR
67.2%+0.3pp

Other financials

Income statement

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Revenue$712.2M+12.0%
Gross profit$349.3M+15.9%
Operating income$90.6M+54.5%
Net income$87.9M+77.4%
EPS (diluted)$0.54+80.0%

Balance sheet

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Cash & equivalents$200.5M+1.7%
Total debt$48.7M+2.0%
Total equity$2.0B+6.2%
Total assets$2.9B+4.5%

Cash flow

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Operating cash flow$92.2M-6.9%
CapEx$10.7M+16.1%
Free cash flow$81.5M-9.3%

Valuation

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Market cap$11.83B+67.4%
P/E30.9×+7.6×
P/S4.1×+1.4×

Profitability

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Operating margin16%+2.2pp
Net margin13.2%+1.6pp
FCF margin18.7%+2.5pp

Returns & leverage

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Return on equity19.7%+3.0pp
Debt / equity0.0×
Current ratio1.6×+0.2×

Where this comes from

Calculated from New York Times’s reported figures.

Based on trailing twelve months.

The official record: New York Times’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is New York Times's gross margin?
New York Times (NYT) reported gross margin of 51.1% in Q1 2026.
How has New York Times's gross margin changed year-over-year?
New York Times's gross margin increased by 3.3% year-over-year, from 49.5% to 51.1%.
What is the long-term trend for New York Times's gross margin?
Over 5 years (2020 to 2025), New York Times's gross margin has grown at a 1.9% compound annual growth rate (CAGR), from 46.2% to 50.8%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.