NWS · 8-K · 20260805PR000171

Operating Expense Trends

NEWS CORP · 2026-08-05 · Importance 42 · Surprise 14 · In source text

Fiscal 2026 operating expenses increased to $3.892 billion from $3.736 billion, and selling, general and administrative expenses increased to $3.509 billion from $3.301 billion. Dow Jones fourth-quarter EBITDA growth was partially offset by higher employee and technology costs, while fiscal-year growth was partially offset by higher employee and marketing costs. Digital Real Estate Services fiscal-year EBITDA was partly offset by higher employee costs primarily at Move, higher broker commissions, and higher marketing costs. Book Publishing fiscal-year EBITDA declined 3% because of higher sales-volume and employee costs, a $16 million inventory write-off, and a $13 million customer-receivable write-off.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
operating_incomenegativerealized-4.8%Impairment and restructuring charges for the quarter were $46 million and for the full year were $113 million.