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USA TODAY Co. TDAY LocaliQ — Goodwill

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USA TODAY Media
$385.03M
Newsquest
$16.27M

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Other financials

Income statement

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Revenue$548.5M-4.0%
Gross profit$221.1M+2.9%
Operating income$9.8M+120%
Net income$19.9M+371%
EPS (diluted)$0.12+340%

Balance sheet

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Cash & equivalents$92.5M-3.7%
Total debt$1.1B-6.0%
Total equity$141.9M-5.5%
Total assets$1.8B-7.7%

Cash flow

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Operating cash flow$19.3M-17.3%
CapEx$12.9M-4.7%
Free cash flow$6.4M-34.7%

Valuation

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Market cap$1.06B+63.7%
Enterprise value$2.1B
P/E20.6×
P/S0.5×

Profitability

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Gross margin39.4%+0.7pp
Operating margin-1.2%
Net margin-4.4%
FCF margin2.6%+0.4pp

Returns & leverage

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Return on equity-40.1%
Debt / equity0.0×
Current ratio0.8×+0.1×

Where this comes from

Reported directly by USA TODAY Co. in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The source filing: USA TODAY Co.’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 10:05 AM EST
Fiscal year
FY2025
Accession
0001579684-26-000010
In thousandsUSA TODAY MediaNewsquestLocali QTotal
Balance at December 31, 2023$401,057$15,348$117,471$533,876
Divestitures(3,662)(3,662)
Foreign exchange13(199)(186)
Balance at December 31, 2024$397,408$15,149$117,471$530,028
Divestitures(12,375)(12,375)
Foreign exchange(7)1,1161,109
Balance at December 31, 2025$385,026$16,265$117,471$518,762

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is USA TODAY Co.'s localiq — goodwill?
USA TODAY Co. (TDAY) reported localiq — goodwill of $117.47M in Q4 2025.
What does localiq — goodwill mean?
Represents the carrying value of goodwill specifically allocated to the LocaliQ digital marketing solutions business segment. This asset reflects the premium paid over the fair value of net identifiable assets during acquisitions within this segment. It serves as a measure of the long-term strategic value and market positioning of the company's digital marketing portfolio.

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