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
DateValue
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%