NWSA · 8-K · 20261104PR000248

Operating Income and Margins

NEWS CORP · 2026-11-04 · Importance 39 · Surprise 38 · From source text

Total Segment EBITDA increased 19% to $403 million from $340 million, while adjusted Total Segment EBITDA rose 13% to $392 million. Digital Real Estate Services EBITDA increased 34% to $212 million, Book Publishing rose 29% to $75 million, and Dow Jones rose 11% to $160 million. News Media EBITDA fell 40% to $18 million, reflecting lower revenue; Other EBITDA declined 24% to negative $62 million. Consolidated operating expenses were $988 million versus $941 million, and selling, general and administrative expenses were $890 million versus $863 million.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
net_incomepositiverealized+2.9%News Corp first-quarter fiscal 2027 net income was $215 million, up 43% from $150 million a year earlier.
operating_incomepositiverealized+2.8%News Corp first-quarter fiscal 2027 Total Segment EBITDA was $403 million, up 19% from $340 million; adjusted Total Segment EBITDA…