| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 2.2K | 7.5% | 8.8% |
| Total Income | 2.2K | 7.5% | 8.8% |
| Expenditure | 2.0K | 0.8% | 8.9% |
| PBT | 189.00 | 48.5% | 25.2% |
| Net Profit | 89.00 | 53.9% | 13.6% |
| OPM | — | ||
| NPM | 4.07% | 4.10pp | 1.05pp |
| EPS | 0.16 | 52.9% | 11.1% |
News Corporation Reports Q3 FY26 Revenue $2.19 Billion, Up 9% YoY
08 May 2026 · 8 May, 2:03 am
Summary
News Corporation delivered strong third quarter fiscal 2026 results, with total revenues increasing 9% to $2.19 billion and net income from continuing operations rising 13% to $121 million. The company's Total Segment EBITDA also saw a robust 18% increase, reaching $343 million, driven by growth across Digital Real Estate Services, Dow Jones, and Book Publishing segments. CEO Robert Thomson highlighted the compelling evidence of business transformation and expressed confidence in achieving another year of record profitability, supported by strategic AI partnerships and an accelerated share buyback program. News Corp anticipates strong growth in free cash flow generation for the full fiscal year.
Key Highlights
- 1
News Corporation reported a 9% increase in third quarter revenues, reaching $2.19 billion, up from $2.01 billion in the prior year, driven by growth in Digital Real Estate Services, Dow Jones, and Book Publishing segments.
- 2
Net income from continuing operations for the quarter rose by 13% to $121 million, compared to $107 million in the previous year.
- 3
Total Segment EBITDA saw a robust 18% increase, reaching $343 million for the quarter, up from $290 million in the prior year.
- 4
Adjusted EPS from continuing operations for the quarter were $0.21, a notable increase from $0.17 in the prior year.
- 5
The Dow Jones segment's revenues grew 8% to $619 million, underpinned by 19% growth at Risk & Compliance and 13% growth in digital advertising revenues.
- 6
Revenues at Move, operator of Realtor.com®, increased 10% to $148 million, driven by premium offerings and expansion in growth adjacencies.
- 7
REA Group posted strong results for the quarter, growing revenues 20% to $325 million, primarily due to positive foreign exchange impacts and strong Australian residential performance.
Management Comments
Robert Thomson
News Corp has again delivered resounding results this quarter, and we remain on track for another year of record profitability given the strength seen thus far in the fourth quarter. For the third quarter of fiscal 2026, our total revenue rose 9 percent to $2.2 billion, while net income from continuing operations rose 13 percent to $121 million and Total Segment EBITDA increased a robust 18 percent to $343 million. Both EPS and Adjusted EPS were also notably higher. The third quarter was compelling evidence of the transformation of our business, and demonstrated the robustness of our core growth engines, which we expect will propel us towards a strong fiscal finish. Given our firm belief that the current share price does not reflect the intrinsic value of the company or its prospects, we have continued to execute our enhanced buyback program at an accelerated rate. Our confidence comes as the world is grappling with the potential impact of AI. We are an AI inputs company and that fact was reflected in our recent deal with Meta, which complements our partnership with OpenAI. We are in discussions with other companies who recognize the preciousness of provenance, and these potential deals should have a positive impact on our revenue and profitability. We are also tracking a number of dodgy digital firms scraping illicitly, illegally our precious content and shamelessly reselling this purloined property. We have these baleful bad-boy bots in our sights and intend to pursue them vigorously. And we believe companies that willingly buy this stolen content from these nefarious fences are also culpable.
Informational and educational content only. Not investment advice.