NWSA · 8-K · 20260805PR000171
Operating Income and Margins
NEWS CORP · 2026-08-05 · Importance 64 · Surprise 56 · No source text
Fourth-quarter Total Segment EBITDA increased 31% to $423 million from $322 million, while adjusted Total Segment EBITDA increased 25% to $400 million. Fiscal 2026 Total Segment EBITDA rose 15% to $1.627 billion from $1.415 billion, and adjusted Total Segment EBITDA increased 12% to $1.595 billion. Fourth-quarter EBITDA increased 46% at Digital Real Estate Services to $222 million and 20% at Dow Jones to $181 million, while Book Publishing increased 14% to $57 million and News Media declined 14% to $24 million. Fiscal-year EBITDA increased 23% at Digital Real Estate Services to $741 million and 13% at Dow Jones to $663 million, but declined 3% at Book Publishing and 9% at News Media because of higher costs and California Post and FIFA World Cup expenses.
Key facts
- Fourth quarter Total Segment EBITDA was $423 million, a 31% increase compared to $322 million in the prior year source
- Net income from continuing operations in the quarter was $230 million, a 167% increase compared to $86 million in the prior year source
- For fiscal 2026, Total Segment EBITDA was $1.63 billion, up 15% source
- Digital Real Estate Services segment EBITDA for the quarter was $222 million, up 46% compared to $152 million in the prior year quarter source
- For fiscal 2026, net income from continuing operations increased 15% to $743 million source
- Fourth quarter reported EPS from continuing operations were $0.33 as compared to $0.09 in the prior year source
- Fourth quarter Adjusted EPS were $0.35 as compared to $0.19 in the prior year source
- Dow Jones fourth quarter Segment EBITDA grew 20% source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +9.1% | For fiscal 2026, Total Segment EBITDA was $1.63 billion, up 15% |
| net_income | positive | realized | +6.2% | Net income from continuing operations in the quarter was $230 million, a 167% increase compared to $86 million in the prior year |
| operating_income | positive | realized | +4.3% | Fourth quarter Total Segment EBITDA was $423 million, a 31% increase compared to $322 million in the prior year |
| net_income | positive | realized | +4.2% | For fiscal 2026, net income from continuing operations increased 15% to $743 million |
| operating_income | positive | realized | +3.0% | Digital Real Estate Services segment EBITDA for the quarter was $222 million, up 46% compared to $152 million in the prior year quarter |
| net_income | positive | realized | — | Fourth quarter reported EPS from continuing operations were $0.33 as compared to $0.09 in the prior year |