USA TODAY Co., Inc.

USA TODAY Co. reported a significant decline in its second-quarter 2026 financial results, with net income attributable to the company plummeting 88.4% to $9.1 million. Total revenues decreased by 8.3% to $536.3 million, driven by declines in both digital and print & commercial segments. For the six months ended June 30, 2026, net income was down 59.2% and total revenues decreased by 6.2%.

USA TODAY Co. reported its second-quarter 2026 financial results, achieving positive net income of $9.1 million for the second consecutive quarter and increasing free cash flow by 11% year-over-year to $19.6 million. Total revenues, however, decreased by 8.3% year-over-year to $536.3 million. The company highlighted continued momentum in digital-only subscription revenues, which grew year-over-year, and a record high digital-only ARPU. Management reiterated its full-year 2026 outlook, expecting growth in net income, Total Adjusted EBITDA, and cash provided by operating activities.

USA TODAY Co. clarified a statement made by its CEO, Michael Reed, during an investor call regarding the ongoing litigation with Google. The company stated that Reed characterized amounts as estimated damages, not as Google's interference with revenues, and that no specific damage estimate has been publicly disclosed. However, USA TODAY Co. reiterated its belief that Google interfered with billions of dollars in revenue and anticipates very substantial damages, citing Google's own documents as the source for these estimations.

USA TODAY Co. reported strong first quarter 2026 financial results, with net income increasing by $27.2 million year-over-year to $19.9 million. Total Adjusted EBITDA surged 44.7% to $73.1 million, and the Adjusted EBITDA margin improved by 450 basis points to 13.3%. While total revenues decreased 4.0% to $548.5 million, same-store revenue trends significantly improved, driven by 5.2% growth in same-store digital revenue. The company also reiterated its full-year 2026 business outlook, expecting digital revenues to exceed 50% of total revenues.