NEW YORK TIMES CO Q1 FY26 Results

Summary

The New York Times Company announced its first-quarter 2026 results, revealing a 16.1 percent year-over-year increase in digital-only subscription revenues. This growth was fueled by an increase in both digital-only subscribers and digital-only average revenue per user (ARPU). The company added approximately 310,000 net digital-only subscribers, bringing the total to 13.08 million. Operating profit also saw a significant increase of 54.5 percent year-over-year, reaching $90.6 million.

Key Highlights

1. 1

   Digital-only subscription revenues increased 16.1 percent year-over-year, driven by growth in both digital-only subscribers and digital-only average revenue per user.

2. 2

   The company added approximately 310,000 net digital-only subscribers compared with the end of the fourth quarter of 2025, bringing the total number of subscribers to 13.08 million.

3. 3

   Digital-only ARPU increased 2.4 percent year-over-year to $9.77.

4. 4

   Digital advertising revenues increased 31.6 percent year-over-year primarily due to strong marketer demand and growth in advertising supply.

5. 5

   Operating profit increased 54.5 percent year-over-year to $90.6 million, while adjusted operating profit increased 27.2 percent year-over-year to $117.9 million.

6. 6

   Operating profit margin increased to 12.7 percent, while adjusted operating profit margin increased to 16.6 percent, a year-over-year increase of approximately 350 and 200 basis points, respectively.

7. 7

   Diluted earnings per share for the quarter was $0.54, a $0.24 increase year-over-year and adjusted diluted earnings per share was $0.61, a $0.20 increase year-over-year.