News (NWS) Operating Expenses (2012 - 2026)
News posted quarterly Operating Expenses of $952.0 million for Q1 2026, up 5.31% year-on-year from $904.0 million in Q1 2025, and down 5.56% on a QoQ basis from $1.0 billion in Q4 2025.
News (NWS) has 15 years of Operating Expenses data on file, last reported at $952.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 5.31% year-over-year to $952.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.8 billion (up 1.89% YoY), and the FY2025 full-year result was $3.7 billion, down 2.05% from the prior year.
- Operating Expenses for Q1 2026 stood at $952.0 million, down 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.
- The widest annual swing landed in 2023, when Operating Expenses plunged 95.72%; it then jumped 1500.0% in 2024.
- A 5-year view of Operating Expenses shows it 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.
- The last three Operating Expenses figures came in at $952.0 million (Q1 2026), $1.0 billion (Q4 2025), and $941.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 1.56 Bn |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 21.38 Bn |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | 11.36 Bn |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | 1.06 Bn |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 2.49 Bn |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 647.00 Mn |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 513.16 Mn |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 952.00 Mn |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 1.26 Bn |
| 10 | Paramount Skydance | 12.11 Bn | 10.03 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 |
| Mar 31, 2021 | 1.19 Bn |
| Dec 31, 2020 | 1.20 Bn |
| Sep 30, 2020 | 1.16 Bn |
| Jun 30, 2020 | 1.03 Bn |
| Mar 31, 2020 | 1.28 Bn |
| Dec 31, 2019 | 1.35 Bn |
| Sep 30, 2019 | 1.34 Bn |
| Jun 30, 2019 | 1.42 Bn |
| Mar 31, 2019 | 1.40 Bn |
| Dec 31, 2018 | 1.48 Bn |
| Sep 30, 2018 | 1.34 Bn |
| Jun 30, 2018 | 1.47 Bn |
| Mar 31, 2018 | 1.15 Bn |
| Dec 31, 2017 | 1.14 Bn |
| Sep 30, 2017 | 1.15 Bn |
| Jun 30, 2017 | 1.15 Bn |
| Mar 31, 2017 | 1.10 Bn |
| Dec 31, 2016 | 1.13 Bn |
| Sep 30, 2016 | 1.16 Bn |
| Jun 30, 2016 | 1.25 Bn |
| Mar 31, 2016 | 1.08 Bn |
| Dec 31, 2015 | 1.19 Bn |
| Sep 30, 2015 | 1.20 Bn |
| Jun 30, 2015 | 1.22 Bn |
| Mar 31, 2015 | 1.20 Bn |
| Dec 31, 2014 | 1.25 Bn |
| Sep 30, 2014 | 1.28 Bn |
| Jun 30, 2014 | 1.25 Bn |
| Mar 31, 2014 | 1.26 Bn |
| Dec 31, 2013 | 1.27 Bn |
| Sep 30, 2013 | 1.30 Bn |
| Jun 30, 2013 | 1.38 Bn |
| Mar 31, 2013 | 1.35 Bn |
| Dec 31, 2012 | 1.35 Bn |
| Sep 30, 2012 | 1.33 Bn |