News (NWS) Tax Rate (2012 - 2026)
News (NWS) reported Tax Rate of 35.98% for Q1 2026, up 684.0% on a YoY basis 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 has reported Tax Rate for 15 years, with the latest figure at 35.98% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 684.0% year-over-year to 35.98%; the trailing twelve-month figure through Mar 2026 stood at 33.44% (up 326.0% YoY), and the FY2025 full-year result was 29.79%, down 542.0% from the prior year.
- Tax Rate for Q1 2026 stood at 35.98%, up from 34.06% in the prior quarter.
- The five-year high for Tax Rate was 735.0% in Q2 2022, with the low at 21.8% in Q1 2022.
- Historically, Tax Rate has averaged 76.74% across 5 years, with a median of 34.65% in 2022.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 64902 bps — and 2023, when it sank 66227 bps.
- News' Tax Rate stood at 39.35% in 2022, then retreated by 15 bps to 33.33% in 2023, then decreased by 13 bps to 28.84% in 2024, then advanced by 18 bps to 34.06% in 2025, then climbed by 6 bps to 35.98% in 2026.
- The last three Tax Rate figures came in at 35.98% (Q1 2026), 34.06% (Q4 2025), and 29.25% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn | 19.31 |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | 26.79 |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | 6.86 |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | - |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | 7.79 |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 8.62 |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | 25.85 |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | 3.27 |
| 9 | News | 15.92 Bn | 14.45 Bn | - | 35.98 |
| 10 | TKO Group Holdings | 15.40 Bn | 13.70 Bn | 862.52 Mn | 12.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.98% |
| Mar 31, 2026 | 35.98% |
| Dec 31, 2025 | 34.06% |
| Dec 31, 2025 | 34.06% |
| Sep 30, 2025 | 29.25% |
| Sep 30, 2025 | 29.25% |
| Jun 30, 2025 | 34.85% |
| Jun 30, 2025 | 34.85% |
| Mar 31, 2025 | 29.14% |
| Mar 31, 2025 | 29.14% |
| Dec 31, 2024 | 28.84% |
| Dec 31, 2024 | 28.84% |
| Sep 30, 2024 | 29.05% |
| Sep 30, 2024 | 29.05% |
| Jun 30, 2024 | 39.09% |
| Jun 30, 2024 | 39.09% |
| Mar 31, 2024 | 33.33% |
| Mar 31, 2024 | 33.33% |
| Dec 31, 2023 | 33.33% |
| Dec 31, 2023 | 33.33% |