Quarterly ResultMay 8, 2026, 07:07 AM
News Corp Q3 Revenue $2.18B; Net Income $89M
AI Summary
News Corp reported total revenues of $2.185 billion for the three months ended March 31, 2026, an increase from $2.009 billion in the prior year. However, net income attributable to News Corporation stockholders decreased to $89 million from $103 million. Diluted earnings per share from continuing operations rose to $0.16 from $0.14. The company completed its 2021 share repurchase program and initiated a new $1 billion program, while also securing a new $1.5 billion unsecured credit agreement.
Key Highlights
- Total Revenues for Q3 2026 increased to $2,185 million from $2,009 million in Q3 2025.
- Net income attributable to News Corp stockholders for Q3 2026 was $89 million, down from $103 million in Q3 2025.
- Diluted EPS from continuing operations for Q3 2026 was $0.16, up from $0.14 in Q3 2025.
- Total Revenues for the nine months ended March 31, 2026, were $6,691 million, up from $6,343 million in 2025.
- Net income attributable to News Corp stockholders for the nine months was $394 million, down from $437 million in 2025.
- Completed the $1 billion 2021 Share Repurchase Program during the quarter.
- Authorized a new $1 billion 2025 Repurchase Program, with $851 million remaining as of March 31, 2026.
- Entered into a new $1.5 billion unsecured credit agreement on March 27, 2026.