News (NWSA) Operating Expenses (2012 - 2026)

News (NWSA) reported Operating Expenses of $952.0 million for Q1 2026, up 5.31% on a YoY basis from $904.0 million in Q1 2025, and down 5.56% quarter-over-quarter from $1.0 billion in Q4 2025.

News (NWSA) Operating Expenses (2012 - 2026) Analysis & Trends

News has reported Operating Expenses for 15 years, with the latest figure at $952.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 5.31% year-over-year to $952.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.8 billion (up 1.89% YoY), and the FY2025 full-year result was $3.7 billion, down 2.05% from the prior year.
  • Operating Expenses for Q1 2026 stood at $952.0 million, down from $1.0 billion 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.
  • Historically, Operating Expenses has averaged $1.0 billion across 5 years, with a median of $963.0 million in 2024.
  • Annual changes were most pronounced in 2023 — Operating Expenses slumped 95.72% — and 2024, when it jumped 1500.0%.
  • News' Operating Expenses stood at $1.3 billion in 2022, then retreated by 25.04% to $970.0 million in 2023, then decreased by 0.72% to $963.0 million in 2024, then rose by 4.67% to $1.0 billion in 2025, then dropped by 5.56% to $952.0 million in 2026.
  • The last three Operating Expenses figures came in at $952.0 million (Q1 2026), $1.0 billion (Q4 2025), and $941.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Netflix 339.24 Bn 326.95 Bn 11.41 Bn 1.56 Bn
2 Walt Disney 177.26 Bn 183.87 Bn 23.68 Bn 21.38 Bn
3 Warner Bros. Discovery 67.20 Bn 65.06 Bn 4.25 Bn 11.36 Bn
4 Brera Holdings 43.43 Bn 43.43 Bn - 1.60 Mn
5 Live Nation Entertainment 39.99 Bn 31.53 Bn 1.31 Bn 1.06 Bn
6 Fox 25.61 Bn 22.11 Bn - 2.49 Bn
7 Roku 21.15 Bn 18.77 Bn 564.94 Mn 513.16 Mn
8 Liberty Media 20.63 Bn 21.31 Bn 298.00 Mn 647.00 Mn
9 News 16.23 Bn 14.76 Bn - 952.00 Mn
10 News - - - 952.00 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 1.28 Bn