NWS · 8-K · 20260805PR000171

Revenue Performance and Mix

NEWS CORP · 2026-08-05 · Importance 49 · Surprise 32 · No source text

Fiscal 2026 consolidated revenue increased 7% to $9,028 million from $8,452 million, or 5% to $8,839 million on a constant-currency basis, with $189 million of favorable FX impact. Digital Real Estate Services revenue rose 12% to $2,016 million, including 11% advertising growth to $169 million and 11% real-estate growth to $1,571 million; REA Group revenue also increased 12% to $1,406 million. Book Publishing revenue increased 6% to $2,288 million, driven by 7% Consumer growth to $2,185 million, while News Media revenue increased 3% to $2,227 million despite a 2% reported decline in advertising to $804 million and a 5% constant-currency decline. In Q4 Fiscal 2026, Book Publishing revenue grew 15% to $566 million and Consumer revenue grew 16% to $538 million, while News Media revenue increased 5% to $574 million, led by 18% growth in Other revenue to $71 million and 7% growth in circulation and subscription revenue to $297 million.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiverealized+25.3%For fiscal 2026, revenues rose 7% to $9.03 billion.
revenuepositiverealized+24.6%Fiscal 2025 Total consolidated revenues: $8,452; Fiscal 2026: $9,028; FX impact: $189; Fiscal 2026 constant currency: $8,839; % Change -…
revenuepositiverealized+9.8%Fourth quarter revenues were $2.34 billion, an 11% increase compared to $2.11 billion in the prior year.
revenuepositiverealized+8.3%Fiscal 2025 Consolidated Circulation and subscription: $3,009; Fiscal 2026: $3,203; FX impact: $60; Fiscal 2026 constant currency: $3,143;…
revenuepositiverealized+6.9%Fiscal 2025 Consolidated Real estate: $1,410; Fiscal 2026: $1,571; FX impact: $49; Fiscal 2026 constant currency: $1,522; % Change -…
revenuepositiverealized+5.9%Fiscal 2025 Consolidated Consumer: $2,047; Fiscal 2026: $2,185; FX impact: $28; Fiscal 2026 constant currency: $2,157; % Change -…
revenuepositiverealized+2.5%Fiscal 2025 Consolidated Other: $619; Fiscal 2026: $678; FX impact: $22; Fiscal 2026 constant currency: $656; % Change - reported: 10%; %…
revenuepositiverealized+1.6%Fiscal 2025 Consolidated Other: $619; Fiscal 2026: $678; FX impact: $22; Fiscal 2026 constant currency: $656; % Change - reported: 10%; %…
revenuepositiverealized+1.0%Fiscal 2025 Consolidated Advertising: $1,367; Fiscal 2026: $1,391; FX impact: $30; Fiscal 2026 constant currency: $1,361; % Change -…
revenuepositiverealized+0.9%Fiscal 2025 Consolidated Other: $619; Fiscal 2026: $678; FX impact: $22; Fiscal 2026 constant currency: $656; % Change - reported: 10%; %…