News Corporation (NWSA) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the NWSA SEC filings page.
News Corporation (NWSA) reported $9.0B in revenue for fiscal year 2026, up 6.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
News Corporation’s profit swings sharply, while cash generation and lower leverage reveal a more stable operating base.
In FY2026, operating cash flow reached$1.24B even as net income was$743M , reversing the prior year’s pattern in which accounting profit exceeded cash generation. That divergence suggests reported earnings were a less reliable guide to near-term cash production in FY2025, while FY2026 cash conversion strengthened.
Free cash flow recovered to
Debt-to-equity declined from 0.3x in FY2022 to 0.2x in FY2026, indicating a less debt-dependent balance sheet despite lower latest-year profit. The current ratio was 1.6x in FY2026, giving current assets a measurable cushion over current liabilities.
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of News Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for News Corporation, and counted as zero in the overall score.
News Corporation's revenue grew 6.8% year-over-year to $9.0B, a solid pace of expansion. This earns a growth score of 48/100.
News Corporation carries a low D/E ratio of 0.23, meaning only $0.23 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 73/100, indicating a strong balance sheet with room for future borrowing.
News Corporation's current ratio of 1.62 indicates adequate short-term liquidity, earning a score of 47/100. The company can meet its near-term obligations, though with limited headroom.
News Corporation has a free cash flow margin of 9.0%, earning a moderate score of 60/100. The company generates positive cash flow after capital investments, but with room for improvement.
Not available for News Corporation, and counted as zero in the overall score.
News Corporation passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, News Corporation generates $1.66 in operating cash flow ($1.2B OCF vs $743.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
News Corporation generated $2.3B in revenue in Q4 2026. This represents an increase of 10.8% from the same quarter a year earlier. Against the prior quarter it is up 7.0%.
News Corporation reported $349.0M in net income in Q4 2026. This represents a decrease of 53.0% from the same quarter a year earlier. Against the prior quarter it is up 292.1%.
Not reported for Q4 2026.
Cash & Balance Sheet
News Corporation generated $276.0M in free cash flow in Q4 2026, representing cash available after capex. This represents an increase of 762.5% from the same quarter a year earlier. Against the prior quarter it is down 30.8%.
News Corporation held $2.1B in cash against $2.0B in long-term debt as of Q4 2026.
Not reported for Q4 2026.
Margins & Returns
News Corporation's net profit margin was 14.9% in Q4 2026, showing the share of revenue converted to profit. This is down 20.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.9 percentage points.
News Corporation's ROE was 4.1% in Q4 2026, measuring profit generated per dollar of shareholder equity. This is down 4.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.0 percentage points.
Not reported for Q4 2026.
Not reported for Q4 2026.
Capital Allocation
News Corporation spent $185.0M on share buybacks in Q4 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 413.9% from the same quarter a year earlier. Against the prior quarter it is down 3.6%.
News Corporation invested $146.0M in capex in Q4 2026, funding long-term assets and infrastructure. This represents a decrease of 7.0% from the same quarter a year earlier. Against the prior quarter it is up 46.0%.
Not reported for Q4 2026.
NWSA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.3B+10.8% | $2.2B+8.8% | $2.4B+5.5% | $2.1B+2.3% | $2.1B+0.8% | $2.0B+0.8% | $2.2B+4.8% | $2.1B+3.2% |
| SG&A Expenses | $923.0M | $890.0M+9.2% | $833.0M+4.5% | $863.0M+5.4% | N/A | $815.0M+2.3% | $797.0M+4.2% | $819.0M-5.0% |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | $3.0M-57.1% | N/A |
| Income Tax | $48.0M | $68.0M+54.5% | $125.0M+0.8% | $62.0M+1.6% | N/A | $44.0M+37.5% | $124.0M+27.8% | $61.0M+64.9% |
| Net Income | $349.0M-53.0% | $89.0M-13.6% | $193.0M-10.2% | $112.0M-5.9% | $743.0M+1386.0% | $103.0M+243.3% | $215.0M+37.8% | $119.0M+296.7% |
| EPS (Basic) | $0.33-74.8% | $0.16-11.1% | $0.34-10.5% | $0.20-4.8% | $1.31+1355.6% | $0.18+260.0% | $0.38+40.7% | $0.21+320.0% |
| EPS (Diluted) | $0.33 | $0.16-11.1% | $0.34-10.5% | $0.20-4.8% | $1.31+1355.6% | $0.18+260.0% | $0.38+40.7% | $0.21+320.0% |
| Diluted Shares (Avg) | N/A | 556M-2.4% | 562M-1.4% | 567M-0.8% | N/A | 570M-0.7% | 570M-0.6% | 571M-0.5% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
NWSA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $15.5B+0.3% | $15.5B-6.4% | $15.5B-4.0% | $15.3B-9.4% | $15.5B-7.1% | $16.6B+0.2% | $16.2B-3.1% | $16.9B+2.7% |
| Current Assets | $4.5B-6.8% | $4.6B-33.1% | $4.6B-29.1% | $4.5B-0.7% | $4.8B+10.0% | $6.8B+65.7% | $6.5B+61.2% | $4.5B+13.5% |
| Cash & Equivalents | $2.1B-12.8% | $2.2B+3.6% | $2.1B+17.1% | $2.2B+24.7% | $2.4B+28.4% | $2.1B+8.7% | $1.8B+2.6% | $1.8B+15.3% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $302.0M-7.6% | $303.0M-4.4% | $306.0M+3.4% | $327.0M-13.5% | $327.0M+22.9% | $317.0M-4.2% | $296.0M-0.3% | $378.0M0.0% |
| Accounts Receivable | $1.8B+12.5% | $1.8B+15.5% | $1.9B+14.4% | $1.6B-3.7% | $1.6B+10.0% | $1.5B+7.0% | $1.7B+9.2% | $1.7B+8.9% |
| Long-Term Investments | $1.0B-1.4% | $1.0B+182.5% | $1.0B+174.8% | $1.0B+124.5% | $1.0B+136.8% | $354.0M-14.9% | $365.0M-13.9% | $458.0M+17.1% |
| Goodwill | $4.5B+3.9% | $4.5B+4.7% | $4.5B+5.5% | $4.4B-15.9% | $4.4B+0.9% | $4.3B-16.5% | $4.3B-18.2% | $5.3B+3.0% |
| Total Liabilities | $7.0B+4.3% | $6.9B-17.2% | $6.7B-16.2% | $6.6B-23.5% | $6.7B-21.4% | $8.4B-1.4% | $8.0B-5.7% | $8.7B+1.1% |
| Current Liabilities | $2.8B+5.9% | $2.7B-34.1% | $2.5B-32.4% | $2.5B-22.4% | $2.6B-14.6% | $4.1B+34.2% | $3.7B+34.0% | $3.3B+7.6% |
| Non-Current Liabilities | $4.3B+3.3% | $4.2B-1.3% | $4.2B-2.0% | $4.1B-24.1% | $4.1B-25.2% | $4.3B-21.2% | $4.3B-25.1% | $5.4B-2.5% |
| Long-Term Debt | $2.0B+2.7% | $2.0B+2.3% | $1.9B-1.1% | $1.9B-28.6% | $1.9B-7.5% | $1.9B-31.7% | $1.9B-34.7% | $2.7B-7.0% |
| Total Equity | $8.5B-2.8% | $8.6B+4.6% | $8.8B+7.9% | $8.7B+5.5% | $8.8B+8.1% | $8.2B+1.9% | $8.1B-0.4% | $8.3B+4.6% |
| Retained Earnings | -$312.0M+58.2% | -$452.0M+69.5% | -$509.0M+67.7% | -$664.0M+62.7% | -$747.0M+60.5% | -$1.5B+23.4% | -$1.6B+19.6% | -$1.8B+15.8% |
NWSA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $422.0M+123.3% | $499.0M-2.3% | $231.0M+7.9% | $85.0M+32.8% | $189.0M-49.9% | $511.0M+8.7% | $214.0M-30.1% | $64.0M+216.4% |
| Depreciation & Amortization | $128.0M+6.7% | $122.0M+7.0% | $118.0M+4.4% | $117.0M+4.5% | $120.0M+4.3% | $114.0M0.0% | $113.0M+2.7% | $112.0M-34.5% |
| Capital Expenditures | $146.0M-7.0% | $100.0M+7.5% | $99.0M+20.7% | $81.0M+8.0% | $157.0M+41.4% | $93.0M+1.1% | $82.0M+173.3% | $75.0M-39.5% |
| Free Cash Flow | $276.0M+762.5% | $399.0M-4.5% | $132.0M0.0% | $4.0M+136.4% | $32.0M-88.0% | $418.0M+10.6% | $132.0M-52.2% | -$11.0M+93.9% |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$136.0M+14.5% |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$147.0M-126.2% |
| Dividends Paid | $55.0M-3.5% | $45.0M+25.0% | $57.0M0.0% | $47.0M+34.3% | $57.0M0.0% | $36.0M+20.0% | $57.0M0.0% | $35.0M+25.0% |
| Share Buybacks | $185.0M+413.9% | $192.0M+433.3% | $172.0M+330.0% | $92.0M+142.1% | $36.0M+5.9% | $36.0M+33.3% | $40.0M+48.1% | $38.0M+31.0% |
Not reported in any period shown, so not listed: Stock-Based Compensation.
NWSA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 14.9%-20.3pp | 4.1%-1.1pp | 8.2%-1.4pp | 5.2%-0.5pp | 35.2%+32.8pp | 5.1%+3.6pp | 9.6%+2.3pp | 5.7%+4.2pp |
| Return on Equity | 4.1%-4.4pp | 1.0%-0.2pp | 2.2%-0.4pp | 1.3%-0.1pp | 8.5%+7.8pp | 1.3%+0.9pp | 2.6%+0.7pp | 1.4%+1.1pp |
| Return on Assets | 2.3%-2.5pp | 0.6%0.0pp | 1.2%-0.1pp | 0.7%0.0pp | 4.8%+4.5pp | 0.6%+0.4pp | 1.3%+0.4pp | 0.7%+0.5pp |
| Current Ratio | 1.62-0.2x | 1.700.0x | 1.81+0.1x | 1.76+0.4x | 1.84+0.4x | 1.68+0.3x | 1.73+0.3x | 1.38+0.1x |
| Debt-to-Equity | 0.230.0x | 0.230.0x | 0.220.0x | 0.22-0.1x | 0.220.0x | 0.24-0.1x | 0.24-0.1x | 0.330.0x |
| Asset Turnover | 0.150.0x | 0.140.0x | 0.150.0x | 0.140.0x | 0.140.0x | 0.120.0x | 0.140.0x | 0.120.0x |
| FCF Margin | 11.8%+10.3pp | 18.3%-2.5pp | 5.6%-0.3pp | 0.2%+0.7pp | 1.5%-11.2pp | 20.8%+1.9pp | 5.9%-7.0pp | -0.5%+8.3pp |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| News Corporation NWSA | FY2026 | $9.0B | $743.0M | 8.2% | $15.4B | 38/100 |
| News Corporation NWS | FY2026 | $9.0B | $743.0M | 8.2% | $17.0B | 38/100 |
| Warner Music Group Corp. WMG | FY2025 | $6.7B | $365.0M | 5.4% | $14.4B | 50/100 |
| TKO Group Holdings, Inc. TKO | FY2025 | $4.7B | $546.3M | 11.5% | $12.9B | 42/100 |
| Roku, Inc. ROKU | FY2025 | $4.7B | $88.4M | 1.9% | $22.6B | 52/100 |
| Fox Corporation FOXA | FY2026 | $17.1B | $1.7B | 9.8% | $26.2B | 46/100 |
Where News Corporation Ranks
Frequently Asked Questions
What is News Corporation's annual revenue?
News Corporation (NWSA) reported $9.0B in total revenue for fiscal year 2026. This represents a 6.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is News Corporation's revenue growing?
News Corporation (NWSA) revenue grew by 6.8% year-over-year, from $8.5B to $9.0B in fiscal year 2026.
Is News Corporation profitable?
Yes, News Corporation (NWSA) reported a net income of $743.0M in fiscal year 2026, with a net profit margin of 8.2%.
How much debt does News Corporation have?
As of fiscal year 2026, News Corporation (NWSA) had $2.1B in cash and equivalents against $2.0B in long-term debt.
What is News Corporation's net profit margin?
News Corporation (NWSA) had a net profit margin of 8.2% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is News Corporation's return on equity (ROE)?
News Corporation (NWSA) has a return on equity of 8.7% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is News Corporation's free cash flow?
News Corporation (NWSA) generated $811.0M in free cash flow during fiscal year 2026. This represents a 42.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is News Corporation's operating cash flow?
News Corporation (NWSA) generated $1.2B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are News Corporation's total assets?
News Corporation (NWSA) had $15.5B in total assets as of fiscal year 2026, including both current and long-term assets.
What are News Corporation's capital expenditures?
News Corporation (NWSA) invested $426.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is News Corporation's current ratio?
News Corporation (NWSA) had a current ratio of 1.62 as of fiscal year 2026, which is generally considered healthy.
What is News Corporation's debt-to-equity ratio?
News Corporation (NWSA) had a debt-to-equity ratio of 0.23 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is News Corporation's return on assets (ROA)?
News Corporation (NWSA) had a return on assets of 4.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is News Corporation's P/E ratio?
News Corporation (NWSA) trades at 20.8x earnings, its market capitalization divided by net income of $743.0M net income, FY2026. The market capitalization is $15.4B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is News Corporation's price-to-sales ratio?
News Corporation (NWSA) trades at 1.7x sales, its market capitalization divided by revenue of $9.0B revenue, FY2026. The market capitalization is $15.4B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is News Corporation's Piotroski F-Score?
News Corporation (NWSA) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are News Corporation's earnings high quality?
News Corporation (NWSA) has an earnings quality ratio of 1.66x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is News Corporation?
News Corporation (NWSA) scores 38 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.