NWS

MKT CAP:$17B

News Corporation

Market Cap

$17B

Communication Services·Entertainment·🇺🇸 United States·NASDAQ

Communication·Entertainment·🇺🇸·NASDAQ

Stock Price

$30.74+$0.97 (+3.26%)

Apr 22, 2026

Company Details

News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses worldwide. It operates in six segments: Digital Real Estate...

CEO

Robert J. Thomson

IPO Date

Jun 19, 2013

Website

newscorp.com

Key Metrics TTM

Revenue

$9.5B

+9.0% YoY

Net Income

$205M

EPS (Diluted)

$0.35

Free Cash Flow

$500M

Revenue / Share

$16.61

Gross Margin

50.7%

Operating Margin

11.7%

Net Margin

2.2%

FCF Margin

5.2%

P/S

1.8x

P/E

81.4x

Earnings Reports

Q2 2024

May 14, 2026

PENDING

Q1 2024

Nov 9, 2023

$2.0BEPS $0.05

FY 2023

Aug 15, 2023

$8.0BEPS $0.26

Q4 2022

Aug 12, 2022

$2.7B+7.3%EPS $0.19

FY 2021

Aug 10, 2021

$9.4BEPS $0.56

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 17	$2.0B	$808M	$10M
Q3 17	$2.0B	$877M	$106M
Q2 20	$2.5B	$1.1B	$328M
Q3 20	$2.3B	$983M	$246M
Q4 20	$1.9B	$994M	$219M
Q1 21	$2.1B	$953M	$270M
Q2 21	$2.4B	$1.2B	$500M
Q3 21	$2.3B	$1.1B	$301M
Q4 21	$2.5B	$1.3B	$215M
Q4 22	$2.7B	$1.4B	$318M
Q1 24	$2.0B	$1.1B	$277M

Valuation

Quarter	P/S	P/E
Q1 17	—	—
Q3 17	—	—
Q2 20	—	—
Q3 20	0.6x	—
Q4 20	0.8x	—
Q1 21	1.0x	—
Q2 21	1.2x	—
Q3 21	1.6x	—
Q4 21	1.5x	43.3x
Q4 22	0.9x	23.1x
Q1 24	1.2x	58.0x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 17	-$268M	-$317M
Q3 17	$215M	$155M
Q2 20	$165M	$45M
Q3 20	$270M	$172M
Q4 20	$318M	$215M
Q1 21	$155M	$62M
Q2 21	$328M	$248M
Q3 21	$577M	$497M
Q4 21	$177M	$40M
Q4 22	$324M	$142M
Q1 24	-$55M	-$179M

Capital Expenditures

Quarter	CapEx
Q1 17	$49M
Q3 17	$60M
Q2 20	$120M
Q3 20	$98M
Q4 20	$103M
Q1 21	$93M
Q2 21	$80M
Q3 21	$80M
Q4 21	$137M
Q4 22	$182M
Q1 24	$124M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 20	-0.8%	-11.5%
Q1 21	+7.0%	-1.3%
Q2 21	-1.6%	-9.9%
Q3 21	+3.0%	+0.7%
Q4 21	+27.9%	+31.6%
Q4 22	+26.3%	+27.6%
Q1 24	-15.9%	-8.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 17	$0	0.0%
Q3 17	$0	0.0%
Q2 20	$0	0.0%
Q3 20	$0	0.0%
Q4 20	$0	0.0%
Q1 21	$0	0.0%
Q2 21	$0	0.0%
Q3 21	$0	0.0%
Q4 21	$0	0.0%
Q4 22	$0	0.0%
Q1 24	$0	0.0%

OpEx Breakdown

Quarter	G&A
Q1 17	$678M
Q3 17	$662M

Revenue Segments

Quarter	Book Publishing Segment	Digital Real Estate Services Segment	News And Information Services Segment	Subscription Video Services	Dow Jones Segment
Q2 20	$442M	$294M	$1.2B	$501M	—
Q3 20	$412M	$261M	$1.1B	$462M	—
Q1 21	$458M	$290M	$487M	$496M	$386M
Q2 21	$544M	$339M	$573M	$511M	$446M
Q3 21	$490M	$351M	$550M	$523M	$421M
Q4 21	$493M	$413M	$595M	$542M	$449M
Q4 22	$513M	$443M	$629M	$524M	$565M

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$1.9B	$0	$1.9B
Q4 22	$1.8B	$0	$1.8B
Q1 23	$1.5B	$0	$1.5B
Q2 23	$1.3B	$0	$1.3B
Q3 23	$1.7B	$0	$1.7B
Q4 23	$1.8B	$0	$1.8B
Q1 24	$1.5B	$0	$1.5B
Q2 24	$1.7B	$0	$1.7B
Q3 24	$1.9B	$0	$1.9B
Q4 24	$1.9B	$0	$1.9B
Q1 25	$1.8B	$0	$1.8B
Q2 25	$1.8B	$0	$1.8B
Q3 25	$2.1B	$0	$2.1B
Q4 25	$2.4B	$0	$2.4B
Q1 26	$2.2B	$0	$2.2B
Q2 26	$2.1B	$0	$2.1B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 17	581M	—	—
Q3 17	582M	+0.2%	—
Q2 20	590M	+1.4%	—
Q3 20	588M	-0.3%	—
Q4 20	589M	+0.2%	+1.4%
Q1 21	591M	+0.3%	+1.5%
Q2 21	593M	+0.3%	+0.5%
Q3 21	595M	+0.3%	+1.1%
Q4 21	591M	-0.6%	+0.3%
Q4 22	589M	-0.4%	-0.4%
Q1 24	574M	-2.5%	-3.2%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 17	$81.9K	24K
Q3 17	$82.4K	24K
Q2 20	$87.6K	28K
Q3 20	$80.9K	28K
Q4 20	$82.9K	24K
Q1 21	$90.1K	24K
Q2 21	$102.7K	24K
Q3 21	$99.4K	24K
Q4 21	$103.8K	24K
Q4 22	$104.9K	26K
Q1 24	$81.2K	25K

Revenue / Employee