News (NWSA) Operating Expenses (2012 - 2026)
News' Operating Expenses came in at $991 million for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 8.1% from $917 million a year earlier and up 4.1% from the prior quarter.
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Analysis
News (NWSA) Operating Expenses (2012 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), News' Operating Expenses was $3.89 billion, up 4.2% from FY2025.
- Operating Expenses carries a five-year compound annual growth rate of -4.2% (FY2021 to FY2026).
- Going back by fiscal year, Operating Expenses was $3.74 billion in FY2025 (-2.0%), $3.81 billion in FY2024 (-2.5%), $3.91 billion in FY2023 (-23.7%) and $5.12 billion in FY2022 (+6.1%).
- The five-year range for quarterly Operating Expenses is $58 million (fiscal Q4 2023) to $1.36 billion (fiscal Q4 2022).
- Year-over-year, Operating Expenses has increased for three consecutive quarters, with an average decline of 1.7% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in fiscal Q4 2026 (growth of 8.1%), and the weakest in fiscal Q4 2023 (a decline of 95.7%).
- Business Quant data shows NWSA's Operating Expenses at $952 million (Q3 2026), $1.01 billion (Q2 2026) and $941 million (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.50 Bn | 63.16 Bn | 4.10 Bn | 8.48 Bn |
| 2 | Fox | 27.18 Bn | 13.09 Bn | - | 2.38 Bn |
| 3 | Omnicom | 20.60 Bn | 3.30 Bn | 1.30 Bn | 5.64 Bn |
| 4 | News | 16.19 Bn | 8.39 Bn | - | 991.00 Mn |
| 5 | Paramount Skydance | 11.39 Bn | 9.31 Bn | - | - |
| 6 | New York Times | 10.30 Bn | 7.79 Bn | 394.61 Mn | 644.44 Mn |
| 7 | Pearson | 10.14 Bn | 7.28 Bn | - | - |
| 8 | Sirius Xm Holdings | 8.74 Bn | 8.32 Bn | 1.44 Bn | 1.69 Bn |
| 9 | 36Kr Holdings | 6.25 Bn | 6.19 Bn | - | - |
| 10 | Wpp | 5.52 Bn | -6.28 Bn | - | - |
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 |
API Access
News Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=NWSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "NWSA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=NWSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();