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New York Times NYT Reportable Segment — Product development

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Other financials

Income statement

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Revenue$762.5M+11.2%
Gross profit$394.6M+13.7%
Operating income$118.0M+10.8%
Net income$93.4M+12.6%
EPS (diluted)$0.57+14.0%

Balance sheet

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Cash & equivalents$246.5M+15.8%
Total debt$48.7M+2.0%
Total equity$2.0B+5.8%
Total assets$3.0B+6.4%

Cash flow

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Operating cash flow$194.3M+70.9%
CapEx$10.1M-2.2%
Free cash flow$184.2M+78.3%

Valuation

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Market cap$10.6B+4.9%
P/E27×-4.5×
P/S3.6×-0.2×

Profitability

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Gross margin51.4%+1.4pp
Operating margin16%+1.5pp
Net margin13.2%+1.3pp
FCF margin20.9%+4.0pp

Returns & leverage

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Return on equity19.7%+2.6pp
Debt / equity0.0×
Current ratio1.6×+0.1×

Where this comes from

Reported directly by New York Times in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: New York Times’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 2:44 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000071691-26-000034
(In thousands)For the Quarters Ended / June 30, 2026For the Quarters Ended / June 30, 2025(1)For the Six Months Ended / June 30, 2026For the Six Months Ended / June 30, 2025(1)
Less:
Cost of revenue (excluding depreciation and amortization)$367,841$338,779$730,777$673,416
Sales and marketing85,50969,165162,772135,124
Product development70,35063,940140,543130,479
Adjusted general and administrative(2)83,45780,214167,363156,291
Total adjusted operating profit$155,298$133,775$273,236$226,473
Less:
Other components of net periodic benefit costs3,6374,6397,2199,277

Item 1. Financial Statements

FAQ

What is New York Times's reportable segment — product development?
New York Times (NYT) reported reportable segment — product development of $70.35M in Q2 2026.
How has New York Times's reportable segment — product development changed year-over-year?
New York Times's reportable segment — product development increased by 10.0% year-over-year, from $63.94M to $70.35M.
What does reportable segment — product development mean?
This represents the investment in research, design, and engineering to create or improve the segment's digital and physical products. It is a key indicator of the company's commitment to innovation and long-term competitiveness.

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