NWSA · 8-K · 20260805PR000171

Free Cash Flow and Liquidity

NEWS CORP · 2026-08-05 · Importance 58 · Surprise 56 · No source text

Fiscal 2026 operating cash flow from continuing operations increased 26% to $1.237 billion from $978 million, primarily because of higher Total Segment EBITDA and working-capital improvements. Free cash flow increased 42% to $811 million from $571 million after capital expenditures of $426 million. Capital expenditures increased $19 million year over year from $407 million to $426 million. Cash and cash equivalents declined to $2.095 billion at June 30, 2026 from $2.403 billion a year earlier after $641 million of share repurchases, $141 million of REA Group share repurchases and $204 million of dividends paid.

Key facts

• Operating cash flow for fiscal 2026 increased by 26% to $1.24 billion source
• Net cash provided by operating activities from continuing operations was $1,237 million for the fiscal year ended June 30, 2026, $259 million higher than $978 million in the prior year source
• Full year free cash flow of $811 million was 42% higher than the prior year source
• Free cash flow is defined as net cash provided by operating activities from continuing operations of $1,237 million less capital expenditures of $426 million resulting in free cash flow of $811 million for fiscal 2026 source
• Consolidated cash and cash equivalents at June 30, 2026 were $2,095 million compared to $2,403 million at June 30, 2025 source

Impact estimates