Subscription was New York Times’s largest segment in fiscal 2025, bringing in $1.43B of $2.15B (67%).
| Segment | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Subscription | $978.57M | $1.10B | $1.25B | $1.43B | ||||||
| Domestic Home Delivery Subscription | — | — | — | — | ||||||
| Advertising | $204.85M | $317.74M | $342.09M | $410.63M | ||||||
| News Products | — | — | — | — | ||||||
| Affiliate, Licensing & Other | — | $264.79M | $291.40M | $308.15M | ||||||
| Digital-Only Subscription Revenue | — | — | — | — | ||||||
| Other | $464.73M | — | — | — | ||||||
| Display | — | — | — | — | ||||||
| Single Copy, Nyt International & Other | — | — | — | — | ||||||
| Other Products | — | — | — | — | ||||||
| Other Product Subscription Revenues | — | — | — | — | ||||||
| Building Real Estate | — | — | — | — | ||||||
| Total | $1.65B | $1.68B | $1.89B | $2.15B |
New York Times brought in $2.15B from its three segments in fiscal 2025, the year ended December 31, 2025. That was up 14.0% from $1.89B in fiscal 2024. Subscription was the largest at $1.43B (66.6%), ahead of Advertising at $410.63M (19.1%) and Affiliate, Licensing & Other at $308.15M (14.3%).
Compared with fiscal 2024, Advertising grew fastest, up 20.0% to $410.63M. Every segment above 2% of revenue grew.
New York Times began breaking out Affiliate, Licensing & Other in fiscal 2023, when it brought in $264.79M. New York Times stopped reporting Other as a separate segment after fiscal 2022, when it brought in $464.73M.
Digital Advertising Revenues was New York Times’s largest segment in fiscal 2025, bringing in $1.43B of $2.26B (63%).
| Statement Business Segments | FY 2010 | FY 2012 | FY 2016 | FY 2018 | FY 2019 | FY 2020 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Digital Advertising Revenues | $978.57M | $1.10B | $1.25B | $1.43B | ||||||
| Digital | — | — | — | — | ||||||
| The New York Times Group | $511.32M | — | — | — | ||||||
| New York Times Media Group | — | — | — | — | ||||||
| Print Advertising Revenues | $204.85M | $556.71M | $533.62M | $516.44M | ||||||
| — | — | — | — | |||||||
| Reportable | — | $264.79M | $291.40M | $308.15M | ||||||
| New England Media Group | — | — | — | — | ||||||
| The Athletic | $72.07M | — | — | — | ||||||
| Total | $1.77B | $1.92B | $2.08B | $2.26B |
New York Times brought in $2.26B from its three segments in fiscal 2025, the year ended December 31, 2025. That was up 8.6% from $2.08B in fiscal 2024. Digital Advertising Revenues was the largest at $1.43B (63.5%), ahead of Print Advertising Revenues at $516.44M (22.9%) and Reportable at $308.15M (13.6%).
Compared with fiscal 2024, Digital Advertising Revenues grew fastest, up 14.3% to $1.43B, while Print Advertising Revenues fell the most, down 3.2% to $516.44M.
New York Times began breaking out Reportable in fiscal 2023, when it brought in $264.79M. New York Times stopped reporting The New York Times Group ($511.32M in fiscal 2022) and The Athletic ($72.07M in fiscal 2022) as separate segments.
New York Times (NYT) reports its revenue by segment and by statement business segments. In fiscal 2025, Subscription was its largest segment, bringing in $1.43B (66.6% of the total), followed by Advertising at $410.63M (19.1%).
Subscription was New York Times' largest segment in fiscal 2025, bringing in $1.43B, or 66.6% of the $2.15B total across its three segments.
Among New York Times' segments that make up at least 2% of revenue, Advertising grew fastest in fiscal 2025, up 20.0% from $342.09M to $410.63M.
Every figure comes from New York Times' annual financial filings, as reported. Each line keeps the name New York Times gives it, and years follow its fiscal calendar.
New York Times' revenue by segment goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.