News (NWS) Tax Rate (2012 - 2026)

News' (NWS) quarterly Tax Rate came in at 35.98% in Q1 2026, up 684.0% year-on-year from 4.59% in Q1 2025, and up 5.63% quarter-over-quarter from 34.06% in Q4 2025.

News (NWS) Tax Rate (2012 - 2026) Analysis & Trends

News' Tax Rate history runs 15 years deep, the most recent figure standing at 35.98% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 684.0% year-over-year to 35.98% in Q1 2026; TTM through Mar 2026 was 33.44%, a 326.0% increase from a year earlier, with the FY2025 full-year figure at 29.79%, down 542.0% from the prior year.
  • Tax Rate advanced to 35.98% in Q1 2026 per NWS's latest filing, from 34.06% in the prior quarter.
  • Across five years, Tax Rate topped out at 735.0% in Q2 2022 and bottomed at 21.8% in Q1 2022.
  • The 5-year median for Tax Rate is 34.65% (2022), against an average of 76.74%.
  • Across the five-year window, Tax Rate soared 64902 bps in 2022 and sank 66227 bps in 2023, its largest moves.
  • Year by year, Tax Rate stood at 39.35% in 2022, then decreased by 15 bps to 33.33% in 2023, then slipped by 13 bps to 28.84% in 2024, then climbed by 18 bps to 34.06% in 2025, then grew by 6 bps to 35.98% in 2026.
  • Per Business Quant, the three latest NWS Tax Rate figures stand at 35.98% (Q1 2026), 34.06% (Q4 2025), and 29.25% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 16.40%
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn 26.79%
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn 6.86%
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn 7.79%
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 8.62%
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 3.32%
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 12.05%
8 Fox 20.85 Bn 17.36 Bn - 25.85%
9 News 16.48 Bn 15.01 Bn - 35.98%
10 Sirius Xm Holdings 10.04 Bn 9.96 Bn 2.09 Bn 24.85%

Historic Data

Download Data
DateValue
Mar 31, 2026 35.98%
Mar 31, 2026 35.98%
Mar 31, 2026 35.98%
Dec 31, 2025 34.06%
Dec 31, 2025 34.06%
Dec 31, 2025 34.06%
Sep 30, 2025 29.25%
Sep 30, 2025 29.25%
Sep 30, 2025 29.25%
Jun 30, 2025 34.85%
Jun 30, 2025 34.85%
Jun 30, 2025 34.85%
Mar 31, 2025 29.14%
Mar 31, 2025 29.14%
Mar 31, 2025 29.14%
Dec 31, 2024 28.84%
Dec 31, 2024 28.84%
Dec 31, 2024 28.84%
Sep 30, 2024 29.05%
Sep 30, 2024 29.05%