News Corp (Class B) (NWS) Q4 2025 10-Q Quarterly Report

Filed: Feb 6, 2026Period ending Dec 31, 2025
Communication Services
Newspapers: Publishing or Publishing & PrintingSEC EDGAR

News Corp (Class B) (NWS) 10-Q quarterly report for Q4 2025, filed with SEC EDGAR on Feb 6, 2026 for the fiscal period ending Dec 31, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

News Corp (Class B) Q4 2025 10-Q Analysis

Management Discussion & Analysis

  • Revenue $2.36B, up 6% YoY (+$124M) for Q2 FY2025; $4.51B up 4% YoY (+$172M) for 6 months; driven by Dow Jones, Digital Real Estate Services, Book Publishing
  • Operating margin ~41.5% (Segment EBITDA / Revenue) flat to slight increase; Dow Jones Segment EBITDA up 10% YoY; Book Publishing Segment EBITDA down 2% in Q2 and 14% for 6 months
  • Best performing segment: Digital Real Estate Services revenue +8% (+$38M) and EBITDA +11% YoY in Q2; worst: Book Publishing EBITDA down 2% in Q2, 14% over 6 months due to higher costs and write-offs
  • Cash & cash equivalents $2.1B; Operating cash flow up $38M YoY for 6 months; Increased investing cash outflows by $195M due to fewer investment sales and more acquisitions
  • Management highlights stock repurchase program with $1.04B authorization remaining; expects liquidity sufficient for 12 months; mentions foreign currency positively impacted revenues by 1-2%

Risk Factors

  • Continued risk of digital advertising market volatility impacting revenue and profitability
  • Exposure to litigation from intellectual property and defamation claims in media operations
  • Currency fluctuations affecting international revenues, particularly in Australian and U.K. markets
  • Competition from streaming services and digital platforms pressuring audience growth and ad rates
  • Debt maturities requiring refinancing with potential interest rate increases and liquidity constraints

News Corp (Class B) Q4 2025 Quarterly Financials
XBRL

Revenue

$2.4B

+34.4% YoY +10.2% QoQ

Net Income

$193M

-10.2% YoY +72.3% QoQ

Net Margin

8.2%

-407bp YoY +295bp QoQ

ROE

2.2%

-44bp YoY

Total Assets

$15.5B

-4.0% YoY

EPS (Diluted)

$0.34

-10.5% YoY +70.0% QoQ

Operating Cash Flow

$231M

+7.9% YoY +171.8% QoQ

Source: XBRL data from News Corp (Class B) Q4 2025 10-Q filing on SEC EDGAR. All figures in USD.

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