AI-extracted from the 10-K filed 2026-08-07 — FY2026 (year ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
News Corp revenues grew 7% to $9.0B, driven by Digital Real Estate Services (+12%) and Dow Jones (+7%), while net income fell 45% to $743M due to discontinued Foxtel operations in prior year.
Biggest Revenue Drivers
Digital Real Estate Services$2,016M+12% YoY
REA Group revenues increased 12% driven by Australian residential price increases and higher financial services; Move increased 11% on higher RealPRO Select and new homes sales.
Dow Jones$2,497M+7% YoY
Circulation and subscription revenues increased 7% primarily from professional information business growth (Dow Jones Risk & Compliance +16%, Dow Jones Energy +8%); advertising revenues increased 6% from digital channels.
Biggest Revenue Drivers
Total revenue: $9.0B+7% YoY
Digital Real Estate Services$2,016M+12% YoY
REA Group revenues increased 12% driven by Australian residential price increases and higher financial services; Move increased 11% on higher RealPRO Select and new homes sales.
Dow Jones$2,497M+7% YoY
Circulation and subscription revenues increased 7% primarily from professional information business growth (Dow Jones Risk & Compliance +16%, Dow Jones Energy +8%); advertising revenues increased 6% from digital channels.
Book Publishing$2,288M+6% YoY
Higher physical book sales driven by Rachel Reid's Game Changers series and strength in Christian Publishing; digital sales increased 4%.
News Media$2,227M+3% YoY
Circulation revenues increased 5% from price increases and digital subscriber growth in UK, partially offset by print declines; advertising declined 2%.
Largest Expense Items
Operating expenses$3,892M+4% YoY
Increase driven by higher costs at Book Publishing from higher sales volume and HarperCollins inventory write-off ($16M), and News Media from foreign currency impacts.
Selling, general and administrative$3,509M+6% YoY
Increase from higher employee and marketing costs at Dow Jones and Digital Real Estate Services, California Post launch costs, and FIFA World Cup costs at News Broadcasting.
Depreciation and amortization$485M+6% YoY
Higher depreciation of capitalized software costs primarily at Digital Real Estate Services and Dow Jones segments.
Margins: Segment EBITDA increased $212M (15%) to $1,627M, driven by strong performance at Digital Real Estate Services (+23%) and Dow Jones (+13%), partially offset by Book Publishing declines. Operating margins benefited from revenue growth and higher-margin professional information products, though margins were pressured by employee costs and foreign currency headwinds.
Watch Items from the Filing
Digital Real Estate Services highly sensitive to U.S. real estate market conditions; Move faces competition from shifting inventory to private listing networks and regulatory changes from NAR settlement affecting listing data quality and lead volumes.
News Media segment EBITDA declined 9% despite 3% revenue growth due to California Post launch costs and FIFA World Cup expenses at News Broadcasting; print advertising declining.
Company carrying $2.0B of debt with $1.1B undrawn commitments; March 2026 refinancing extended maturity to 2031 and increased revolving facility to $1B, maintaining liquidity headroom.
Book Publishing faced $16M inventory write-off at HarperCollins international operations and $13M customer receivable write-off from distributor closure, impacting segment profitability.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
About NEWS CORP (NWS): stock profile, AI score and financials
NEWS CORP (NWS) stock profile, AI quality score, and SEC EDGAR financial data, a Communication Services sector company. 13F Pro's AI-powered ranking engine scores NWS at 55.2/100 on a composite quality score built from its SEC filings, placing it at rank #1,256 of 2,925 stocks — the top half of the AI-ranked universe. NWS scores in the top quartile across revenue scale (85.1). Areas of concern include institutional flow (14.9) and profitability (38.3), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q4 2026), NEWS CORP reports quarterly revenue of $2.3B, net income of $179.0M, an operating margin of 11.9%. Top institutional holders of NWS by reported 13-F value include Independent Franchise Partners LLP, STATE STREET, BlackRock, based on the most recent SEC filings. NWS trades on the Nasdaq exchange and files with the SEC under CIK 1564708. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate NWS daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for NEWS CORP directly from SEC EDGAR.