Usa Today (TDAY) Operating Expenses (2013 - 2026)
Usa Today's Operating Expenses came in at $156.72 million for Q2 2026, down 11.2% from $176.42 million a year earlier but up 2.5% from the prior quarter.
Usa Today (TDAY) Operating Expenses (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Usa Today reported Operating Expenses of $627.61 million, down 68.2% year-over-year; for FY2025, it was $757.74 million, down 70.3% from FY2024.
- Operating Expenses has declined in each of the last five years, with a five-year compound annual growth rate of -27.8% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $2.55 billion in FY2024 (-1.0%), $2.58 billion in FY2023 (-13.5%), $2.98 billion in FY2022 (-3.9%) and $3.1 billion in FY2021 (-19.6%).
- The five-year range for quarterly Operating Expenses is $148.46 million (Q4 2025) to $801.95 million (Q4 2021).
- Year-over-year, Operating Expenses has declined for seven consecutive quarters, with an average decline of 41.0% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q1 2024 (growth of 5.7%), and the weakest in Q4 2025 (a decline of 75.9%).
- Business Quant data shows TDAY's Operating Expenses at $152.97 million (Q1 2026), $148.46 million (Q4 2025) and $169.45 million (Q3 2025) in the three quarters before Q2 2026.
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 | Usa Today | 933.76 Mn | 595.99 Mn | 208.25 Mn | 156.72 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 156.72 Mn |
| Mar 31, 2026 | 152.97 Mn |
| Dec 31, 2025 | 148.46 Mn |
| Sep 30, 2025 | 169.45 Mn |
| Jun 30, 2025 | 176.42 Mn |
| Mar 31, 2025 | 561.80 Mn |
| Dec 31, 2024 | 615.17 Mn |
| Sep 30, 2024 | 618.46 Mn |
| Jun 30, 2024 | 632.87 Mn |
| Mar 31, 2024 | 685.65 Mn |
| Dec 31, 2023 | 651.55 Mn |
| Sep 30, 2023 | 617.93 Mn |
| Jun 30, 2023 | 658.85 Mn |
| Mar 31, 2023 | 648.96 Mn |
| Dec 31, 2022 | 715.92 Mn |
| Sep 30, 2022 | 743.05 Mn |
| Jun 30, 2022 | 769.88 Mn |
| Mar 31, 2022 | 750.06 Mn |
| Dec 31, 2021 | 801.95 Mn |
| Sep 30, 2021 | 769.08 Mn |
Usa Today 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=TDAY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "TDAY", "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=TDAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();