NWSA · 8-K · 20261104PR000248

Free Cash Flow and Liquidity

NEWS CORP · 2026-11-04 · Importance 50 · Surprise 46 · From source text

Free cash flow was negative $89 million in the three months ended September 30, 2026, compared with positive $4 million in the prior-year quarter. Operating cash flow from continuing operations declined $72 million to $13 million, primarily because of working-capital timing and higher tax payments. Capital expenditures increased $21 million to $102 million. Cash and cash equivalents were $1.777 billion at September 30, down from $2.095 billion at June 30, 2026.

Key facts

• News Corp cash and cash equivalents were $1.777 billion as of September 30, 2026, compared with $2.095 billion as of June 30, 2026. source
• News Corp generated $13 million of net cash from continuing operating activities in the first quarter of fiscal 2027, down $72 million from $85 million a year earlier, primarily due to working-capital timing and higher tax payments. source
• News Corp free cash flow was negative $89 million in the first quarter of fiscal 2027, compared with positive $4 million a year earlier; capital expenditures increased $21 million. source

Impact estimates