NWS · 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 fiscal 2026 Total Segment EBITDA increased 15% to $1.627 billion from $1.415 billion. Fourth-quarter EBITDA growth was led by Digital Real Estate Services, which increased 46% to $222 million, and Dow Jones, which increased 20% to $181 million. Fiscal-year EBITDA increased 23% at Digital Real Estate Services to $741 million and 13% at Dow Jones to $663 million, partially offset by declines of 3% at Book Publishing and 9% at News Media. Fourth-quarter net income from continuing operations increased 167% to $230 million, helped by higher EBITDA and a reduction in impairment and restructuring charges from $81 million to $46 million.

Key facts

• Fourth quarter net income from continuing operations was $230 million, a 167% increase compared to $86 million in the prior year. source
• Fourth quarter Total Segment EBITDA was $423 million, a 31% increase compared to $322 million in the prior year. source
• Fourth quarter reported EPS from continuing operations were $0.33 as compared to $0.09 in the prior year. source
• For fiscal 2026, net income from continuing operations increased 15% to $743 million. source
• For fiscal 2026, Total Segment EBITDA was $1.63 billion, up 15%. source
• Fourth quarter Adjusted EPS were $0.35 compared to $0.19 in the prior year. source
• News Media fourth quarter Segment EBITDA decreased $4 million, or 14%, compared to the prior year. source

Impact estimates