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| Date | Value |
|---|---|
| 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 |