NWS · 8-K · 20260805PR000171
Segment Revenue Performance
NEWS CORP · 2026-08-05 · Importance 47 · Surprise 22 · No source text
Fourth quarter revenue increased 7% at Dow Jones to $644 million, 19% at Digital Real Estate Services to $553 million, 15% at Book Publishing to $566 million, and 5% at News Media to $574 million. Fiscal 2026 revenue increased 7% at Dow Jones to $2.497 billion, 12% at Digital Real Estate Services to $2.016 billion, 6% at Book Publishing to $2.288 billion, and 3% at News Media to $2.227 billion. Dow Jones fourth-quarter digital revenue represented 84% of segment revenue, up from 83%, while Digital Real Estate Services benefited from REA Group revenue of $386 million and Move revenue of $167 million. REA Group’s fiscal-year revenue rose 12% to $1.41 billion, and Move’s fiscal-year revenue rose 11% to $610 million.
Key facts
- Dow Jones fourth quarter Segment EBITDA grew 20%. source
- Digital Real Estate Services fourth quarter revenues increased 19% to $553 million (up $87 million). source
- Digital Real Estate Services fourth quarter Segment EBITDA increased $70 million, or 46%, compared to the prior year. source
- Q4 Fiscal 2025 Total News Media segment revenues: $545; Q4 Fiscal 2026: $574; FX impact: $28; Q4 Fiscal 2026 constant currency: $546; % Change - reported: 5%; % Change - constant currency: —% source
- Fiscal 2025 Total News Media segment revenues (annual): $2,170; Fiscal 2026: $2,227; FX impact: $81; Fiscal 2026 constant currency: $2,146; % Change - reported: 3%; % Change - constant currency: (1)% source
- Segment EBITDA for fiscal 2026: Dow Jones $663 million (20% of total quarter? — reported as $663 for year), Digital Real Estate Services $741 million, Book Publishing $287 million, News Media $139 million, Other $(203) million; Total Segment EBITDA $1,627 million for the year. source
- Q4 Fiscal 2025 Book Publishing Consumer: $462; Q4 Fiscal 2026: $538; FX impact: $3; Q4 Fiscal 2026 constant currency: $535; % Change - reported: 16%; % Change - constant currency: 16% source
- Q4 Fiscal 2025 Total Book Publishing segment revenues: $494; Q4 Fiscal 2026: $566; FX impact: $3; Q4 Fiscal 2026 constant currency: $563; % Change - reported: 15%; % Change - constant currency: 14% source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +3.7% | Digital Real Estate Services fourth quarter revenues increased 19% to $553 million (up $87 million). |
| operating_income | positive | realized | +3.0% | Digital Real Estate Services fourth quarter Segment EBITDA increased $70 million, or 46%, compared to the prior year. |
| revenue | positive | realized | +2.4% | Fiscal 2025 Total News Media segment revenues (annual): $2,170; Fiscal 2026: $2,227; FX impact: $81; Fiscal 2026 constant currency:… |
| revenue | positive | realized | +1.2% | Q4 Fiscal 2025 Total News Media segment revenues: $545; Q4 Fiscal 2026: $574; FX impact: $28; Q4 Fiscal 2026 constant currency: $546; %… |
| revenue | positive | realized | +0.7% | Fiscal 2025 News Media Other (annual): $232; Fiscal 2026: $248; FX impact: $10; Fiscal 2026 constant currency: $238; % Change - reported:… |
| revenue | positive | realized | +0.4% | Fiscal 2025 News Media Other (annual): $232; Fiscal 2026: $248; FX impact: $10; Fiscal 2026 constant currency: $238; % Change - reported:… |
| revenue | positive | realized | +0.3% | Fiscal 2025 News Media Other (annual): $232; Fiscal 2026: $248; FX impact: $10; Fiscal 2026 constant currency: $238; % Change - reported:… |
| operating_income | positive | realized | — | Dow Jones fourth quarter Segment EBITDA grew 20%. |