News (NWS) Operating Expenses (2012 - 2026)
News' (NWS) quarterly Operating Expenses came in at $952.0 million in Q1 2026, up 5.31% year-on-year from $904.0 million in Q1 2025, and down 5.56% quarter-over-quarter from $1.0 billion in Q4 2025.
News (NWS) Operating Expenses (2012 - 2026) Analysis & Trends
News' Operating Expenses history runs 15 years deep, the most recent figure standing at $952.0 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 5.31% year-over-year to $952.0 million in Q1 2026; TTM through Mar 2026 was $3.8 billion, a 1.89% increase from a year earlier, with the FY2025 full-year figure at $3.7 billion, down 2.05% from the prior year.
- Operating Expenses slipped to $952.0 million in Q1 2026 per NWS's latest filing, from $1.0 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $1.4 billion in Q2 2022 and bottomed at $58.0 million in Q2 2023.
- The 5-year median for Operating Expenses is $963.0 million (2024), against an average of $1.0 billion.
- Across the five-year window, Operating Expenses slumped 95.72% in 2023 and soared 1500.0% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $1.3 billion in 2022, then decreased by 25.04% to $970.0 million in 2023, then slipped by 0.72% to $963.0 million in 2024, then gained by 4.67% to $1.0 billion in 2025, then declined by 5.56% to $952.0 million in 2026.
- Per Business Quant, the three latest NWS Operating Expenses figures stand at $952.0 million (Q1 2026), $1.0 billion (Q4 2025), and $941.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 1.32 Bn |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 21.38 Bn |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | 11.36 Bn |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | 1.52 Bn |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 647.00 Mn |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 513.16 Mn |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 1.26 Bn |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 2.49 Bn |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 952.00 Mn |
| 10 | Sirius Xm Holdings | 10.04 Bn | 9.96 Bn | 2.09 Bn | 1.64 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 952.00 Mn |
| Dec 31, 2025 | 1.01 Bn |
| Sep 30, 2025 | 941.00 Mn |
| Jun 30, 2025 | 917.00 Mn |
| Mar 31, 2025 | 904.00 Mn |
| Dec 31, 2024 | 963.00 Mn |
| Sep 30, 2024 | 952.00 Mn |
| Jun 30, 2024 | 928.00 Mn |
| Mar 31, 2024 | 938.00 Mn |
| Dec 31, 2023 | 970.00 Mn |
| Sep 30, 2023 | 1.27 Bn |
| Jun 30, 2023 | 58.00 Mn |
| Mar 31, 2023 | 1.29 Bn |
| Dec 31, 2022 | 1.29 Bn |
| Sep 30, 2022 | 1.27 Bn |
| Jun 30, 2022 | 1.36 Bn |
| Mar 31, 2022 | 1.25 Bn |
| Dec 31, 2021 | 1.28 Bn |
| Sep 30, 2021 | 1.24 Bn |
| Jun 30, 2021 | 1.28 Bn |