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USA TODAY Co. TDAY Print circulation — Segment revenues

Other product segments

Print advertising
$108.39M-11.6%
Digital marketing services
$101.34M-6.9%
Digital advertising
$80.88M-3.0%
Commercial and other
$46.93M-5.2%
Digital-only subscription
$45.94M+6.2%
Digital other
$33.76M+126%
Commercial Printing and Delivery Revenue
$28.8M-10.6%

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$5.9M-63.5%

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: USA TODAY Co.’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 10:05 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001579684-26-000033
In thousandsUSA TODAY MediaNewsquestLocali QCorporateIntersegment eliminationsConsolidated
Digital-only subscription43,3822,55745,939
Digital other28,7583,6551,34433,757
Digital168,05821,26199,6841,344(28,430)261,917
Print advertising90,26418,123108,387
Print circulation115,04916,199131,248
Commercial and other(a)42,7404,19346,933
Print and commercial248,05338,515286,568
Total revenues(b)$416,111$59,776$99,684$1,344$(28,430)$548,485

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is USA TODAY Co.'s print circulation — segment revenues?
USA TODAY Co. (TDAY) reported print circulation — segment revenues of $131.25M in Q1 2026.
How has USA TODAY Co.'s print circulation — segment revenues changed year-over-year?
USA TODAY Co.'s print circulation — segment revenues decreased by 11.9% year-over-year, from $149.05M to $131.25M.
What is the long-term trend for USA TODAY Co.'s print circulation — segment revenues?
Over 3 years (2021 to 2025), USA TODAY Co.'s print circulation — segment revenues has grown at a -20.8% compound annual growth rate (CAGR), from $1.15B to $570.38M.
What does print circulation — segment revenues mean?
This metric represents the total revenue generated from the distribution and subscription of physical print newspaper editions. It reflects the company's ability to monetize traditional media assets through direct reader payments and home delivery services. Tracking this figure helps investors assess the ongoing demand for legacy print products amidst the broader industry transition toward digital-first media consumption.

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