News (NWS) Operating Expenses (2012 - 2026)
News (NWS) posted Operating Expenses of $991.0 million for Q2 2026, up 4.1% on a QoQ basis from $952.0 million in Q1 2026, and up 8.07% year-over-year from $917.0 million in Q2 2025.
Analysis
News (NWS) Operating Expenses (2012 - 2026) Analysis & Trends
News has reported Operating Expenses for 15 years, with the latest figure at $991.0 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 8.07% year-over-year to $991.0 million in Q2 2026; TTM through Jun 2026 was $3.9 billion, a 4.18% increase from a year earlier, with the FY2026 full-year figure at $3.9 billion, up 4.18% from the prior year.
- Operating Expenses was $991.0 million for Q2 2026 at News, up from $952.0 million in the prior quarter.
- The five-year high for Operating Expenses was $1.4 billion in Q2 2022, with the low at $58.0 million in Q2 2023.
- Average Operating Expenses over 5 years is $1.0 billion, with a median of $966.5 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses sank 95.72% in 2023, then surged 1500.0% in 2024.
- Over 5 years, Operating Expenses stood at $1.3 billion in 2022, then slipped by 25.04% to $970.0 million in 2023, then dropped by 0.72% to $963.0 million in 2024, then advanced by 4.67% to $1.0 billion in 2025, then retreated by 1.69% to $991.0 million in 2026.
- The last three Operating Expenses figures came in at $991.0 million (Q2 2026), $952.0 million (Q1 2026), and $1.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | News | 18.55 Bn | 16.46 Bn | - | 991.00 Mn |
| 2 | New York Times | 10.97 Bn | 10.31 Bn | 394.61 Mn | 644.44 Mn |
| 3 | 36Kr Holdings | 3.28 Bn | 3.26 Bn | - | - |
| 4 | John Wiley & Sons | 2.47 Bn | 2.36 Bn | 285.49 Mn | 383.42 Mn |
| 5 | McGraw Hill | 2.44 Bn | 2.24 Bn | 439.20 Mn | 324.92 Mn |
| 6 | Ziff Davis | 2.03 Bn | 421.42 Mn | 241.03 Mn | 331.46 Mn |
| 7 | Usa Today | 942.79 Mn | 856.13 Mn | 208.25 Mn | 156.72 Mn |
| 8 | Daily Journal | 867.79 Mn | 430.70 Mn | 26.82 Mn | 21.71 Mn |
| 9 | Scholastic | 863.63 Mn | 728.73 Mn | 285.70 Mn | 424.70 Mn |
| 10 | Ennis | 542.01 Mn | 492.93 Mn | 31.08 Mn | 17.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 991.00 Mn |
| 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 |