USA TODAY Co. (TDAY) 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 29, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TDAY SEC filings page.
USA TODAY Co., Inc. (TDAY) reported $2.2B in revenue over the twelve months to Jun 30, 2026, down 6.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 12 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).
The business is shrinking revenue while preserving cash through cost reductions, but thin equity leaves its balance sheet highly leveraged.
FY2025 net income was$1.75M , versus operating cash flow of$114M , revealing a wide earnings-to-cash gap. Free cash flow was$62.9M , so reported profitability understates the cash produced by reported operations and makes net income a poor standalone measure of performance.
Revenue contracted from
Liabilities were
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. 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 USA TODAY Co., Inc.'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.
USA TODAY Co., Inc.'s revenue declined 8.3% year-over-year, from $2.5B to $2.3B. This contraction results in a growth score of 13/100.
USA TODAY Co., Inc. has elevated debt relative to equity (D/E of 5.70), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 9/100, reflecting increased financial risk.
USA TODAY Co., Inc.'s current ratio of 0.75 is below the typical benchmark, resulting in a score of 10/100. This tight liquidity could limit financial flexibility if cash inflows slow.
USA TODAY Co., Inc. has a free cash flow margin of 2.7%, earning a moderate score of 35/100. The company generates positive cash flow after capital investments, but with room for improvement.
USA TODAY Co., Inc.'s ROE of 1.1% shows moderate profitability relative to equity, earning a score of 36/100. This is up from -17.2% the prior year.
USA TODAY Co., Inc. passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
USA TODAY Co., Inc. reported $1.7M of net income while generating $114.4M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead.
Key Financial Metrics
Earnings & Revenue
USA TODAY Co., Inc. generated $536.3M in revenue in Q2 2026. This represents a decrease of 8.3% from the same quarter a year earlier. Against the prior quarter it is down 2.2%.
USA TODAY Co., Inc. reported $9.1M in net income in Q2 2026. This represents a decrease of 88.4% from the same quarter a year earlier. Against the prior quarter it is down 54.1%.
USA TODAY Co., Inc. earned $0.06 per diluted share (EPS) in Q2 2026. This represents a decrease of 85.7% from the same quarter a year earlier. Against the prior quarter it is down 50.0%.
Not reported for Q2 2026.
Cash & Balance Sheet
USA TODAY Co., Inc. generated $19.6M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 11.8% from the same quarter a year earlier. Against the prior quarter it is up 207.0%.
USA TODAY Co., Inc. held $86.7M in cash against $879.4M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
USA TODAY Co., Inc.'s gross margin was 38.8% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.5 percentage points.
USA TODAY Co., Inc.'s net profit margin was 1.7% in Q2 2026, showing the share of revenue converted to profit. This is down 11.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.9 percentage points.
USA TODAY Co., Inc.'s quarterly ROE was 5.9% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 27.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 8.1 percentage points.
Not reported for Q2 2026.
Capital Allocation
USA TODAY Co., Inc. repurchased no shares in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.
USA TODAY Co., Inc. invested $15.8M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 4.8% from the same quarter a year earlier. Against the prior quarter it is up 22.3%.
Not reported for Q2 2026.
TDAY 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $536.3M-8.3% | $548.5M-4.0% | $585.0M-5.8% | $560.8M-8.4% | $584.9M-8.6% | $571.6M-10.1% | $621.3M-7.2% | $612.4M-6.2% |
| Cost of Revenue | $328.1M-8.7% | $327.4M-8.2% | $342.4M-8.9% | $352.3M-6.3% | $359.4M-8.2% | $356.6M-11.4% | $375.8M-10.4% | $375.9M-9.7% |
| Gross Profit | $208.2M-7.6% | $221.1M+2.9% | $242.6M-1.2% | $208.5M-11.9% | $225.4M-9.2% | $215.0M-7.9% | $245.5M-1.7% | $236.5M-0.1% |
| SG&A Expenses | $154.4M-5.9% | $150.8M-10.0% | $154.4M-8.5% | $153.7M-12.9% | $164.1M-7.8% | $167.5M-7.2% | $168.8M-2.7% | $176.5M-4.6% |
| Operating Income | N/A | N/A | N/A | N/A | N/A | $9.8Mn/m | $6.1M-65.8% | -$6.0M-117.2% |
| EBITDA | N/A | N/A | N/A | N/A | N/A | $52.4Mn/m | $45.4M-19.4% | $34.4M-54.5% |
| Interest Expense | $20.9M-14.1% | $21.2M-18.6% | $22.9M-11.5% | $23.8M-8.2% | $24.4M-7.1% | $26.1M-1.8% | $25.9M-4.0% | $26.0M-7.0% |
| Income Tax | $5.3Mn/m | $10.8Mn/m | $73.6Mn/m | $17.6Mn/m | -$87.5Mn/m | -$6.8M-167.6% | -$28.1M-230.4% | -$6.4M-139.8% |
| Net Income | $9.1M-88.4% | $19.9Mn/m | -$30.1M-146.7% | -$39.2Mn/m | $78.4M+470.2% | -$7.3Mn/m | $64.3Mn/m | -$19.7Mn/m |
| EPS (Basic) | $0.06-88.9% | $0.14n/m | -$0.21-145.7% | -$0.27n/m | $0.54+440.0% | -$0.05n/m | $0.46n/m | -$0.14n/m |
| EPS (Diluted) | $0.06-85.7% | $0.12n/m | -$0.20-143.5% | -$0.27n/m | $0.42+366.7% | -$0.05n/m | $0.46n/m | -$0.14n/m |
| Diluted Shares (Avg) | 194M-0.7% | 198M+37.7% | N/A | 146M+1.8% | 195M-19.1% | 143M+1.9% | N/A | 143M+2.0% |
Not reported in any period shown, so not listed: R&D Expenses.
TDAY 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.8B-10.9% | $1.8B-7.7% | $1.8B-9.9% | $1.9B-6.7% | $2.0B-2.1% | $2.0B-6.6% | $2.0B-6.5% | $2.1B-8.3% |
| Current Assets | $403.1M+2.6% | $394.8M+1.8% | $389.2M-8.6% | $366.1M-15.4% | $392.8M-6.0% | $387.8M-8.9% | $425.9M-4.1% | $432.7M-6.7% |
| Cash & Equivalents | $86.7M-2.1% | $85.2M-0.9% | $90.2M-15.1% | $75.2M-26.1% | $88.5M-10.5% | $85.9M-8.0% | $106.3M+6.1% | $101.8M-6.8% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Inventory | $12.7M-19.2% | $11.0M-41.2% | $12.9M-38.4% | $13.2M-41.0% | $15.7M-29.9% | $18.7M-20.7% | $20.9M-22.0% | $22.4M-25.0% |
| Accounts Receivable | $221.6M-2.2% | $226.5M+1.6% | $223.6M-6.7% | $220.1M-9.8% | $226.5M-6.3% | $223.0M-8.6% | $239.6M-9.9% | $244.0M-5.1% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $518.5M-0.1% | $518.4M+0.1% | $518.8M-2.1% | $518.7M-2.3% | $519.0M-2.7% | $518.1M-2.9% | $530.0M-0.7% | $531.1M-0.4% |
| Total Liabilities | $1.6B-7.7% | $1.7B-7.9% | $1.7B-10.9% | $1.7B-5.1% | $1.8B-1.7% | $1.8B-2.9% | $1.9B+1.3% | $1.8B-5.2% |
| Current Liabilities | $497.3M-8.1% | $499.3M-6.8% | $517.8M-5.1% | $528.5M-4.1% | $541.0M+2.5% | $535.9M-0.2% | $545.6M+2.3% | $551.2M-1.8% |
| Non-Current Liabilities | $1.1B-7.5% | $1.2B-8.3% | $1.2B-13.2% | $1.2B-5.5% | $1.2B-3.4% | $1.3B-4.0% | $1.3B+0.9% | $1.3B-6.6% |
| Long-Term Debt | $879.4M-4.4% | $895.7M-4.7% | $884.9M-12.0% | $902.5M-3.1% | $919.6M-3.7% | $940.2M-3.0% | $1.0B+2.5% | $931.6M-6.2% |
| Total Equity | $153.7M-35.2% | $141.9M-5.5% | $155.1M+1.3% | $194.0M-19.3% | $237.1M-5.1% | $150.1M-35.7% | $153.1M-51.8% | $240.5M-26.4% |
| Retained Earnings | -$1.0Bn/m | -$1.0Bn/m | -$1.1Bn/m | -$1.0Bn/m | -$982.5Mn/m | -$1.1Bn/m | -$1.1Bn/m | -$1.1Bn/m |
TDAY 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $35.4M+8.6% | $19.3M-17.3% | $43.4M+382.4% | $15.2M-55.1% | $32.6M-7.3% | $23.3M+3.8% | $9.0M-57.5% | $33.7M+63.6% |
| Depreciation & Amortization | $31.2M-26.8% | $31.2M-26.8% | $37.3M-5.2% | $43.2M+7.0% | $42.6M+11.5% | $42.6M+11.3% | $39.3M+2.2% | $40.4M-0.6% |
| Stock-Based Compensation | $2.5M+20.2% | $2.1M-28.1% | N/A | $1.9M-35.4% | $2.1M-40.7% | $2.9M+1.9% | N/A | $2.9M-26.3% |
| Capital Expenditures | $15.8M+4.8% | $12.9M-4.7% | $12.6M-1.9% | $10.3M-26.4% | $15.1M+54.8% | $13.5M+4.2% | $12.8M+52.5% | $14.0M+5.5% |
| Free Cash Flow | $19.6M+11.8% | $6.4M-34.7% | $30.8Mn/m | $4.9M-75.4% | $17.5M-31.1% | $9.8M+3.3% | -$3.8M-130.1% | $19.8M+168.1% |
| Investing Cash Flow | -$15.8Mn/m | -$3.6M-110.5% | -$8.6Mn/m | -$10.2Mn/m | -$7.0Mn/m | $34.8Mn/m | -$10.9Mn/m | -$799K-102.0% |
| Financing Cash Flow | -$17.7Mn/m | -$20.6Mn/m | -$19.1M-623.4% | -$18.5Mn/m | -$23.8Mn/m | -$78.4Mn/m | $3.7Mn/m | -$29.0Mn/m |
| Share Buybacks | $0-100.0% | $2.7M-0.6% | $0n/m | $0-100.0% | $303K-46.9% | $2.8M+9.0% | $0n/m | $38K+90.0% |
Not reported in any period shown, so not listed: Dividends Paid.
TDAY 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 38.8%+0.3pp | 40.3%+2.7pp | 41.5%+2.0pp | 37.2%-1.4pp | 38.5%-0.3pp | 37.6%+0.9pp | 39.5%+2.2pp | 38.6%+2.3pp |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | 1.7%+9.6pp | 1.0%-1.7pp | -1.0%-6.3pp |
| Net Margin | 1.7%-11.7pp | 3.6%+4.9pp | -5.1%-15.5pp | -7.0%-3.8pp | 13.4%+11.3pp | -1.3%+12.0pp | 10.3%+13.8pp | -3.2%-2.8pp |
| Return on Equity | 5.9%-27.1pp | 14.0%+18.9pp | -19.4%-61.4pp | -20.2%-12.1pp | 33.1%+27.6pp | -4.9%+31.4pp | 42.0%+49.2pp | -8.2%-7.4pp |
| Return on Assets | 0.5%-3.4pp | 1.1%+1.5pp | -1.6%-4.8pp | -2.0%-1.1pp | 3.9%+3.2pp | -0.4%+3.7pp | 3.1%+4.2pp | -0.9%-0.8pp |
| Current Ratio | 0.81+0.1x | 0.79+0.1x | 0.750.0x | 0.69-0.1x | 0.73-0.1x | 0.72-0.1x | 0.78-0.1x | 0.790.0x |
| Debt-to-Equity | 5.72+1.8x | 6.310.0x | 5.70-0.9x | 4.65+0.8x | 3.88+0.1x | 6.26+2.1x | 6.57+3.5x | 3.87+0.8x |
| Liabilities-to-Equity | 10.65+3.2x | 11.70-0.3x | 10.85-1.5x | 8.92+1.3x | 7.48+0.3x | 12.00+4.1x | 12.33+6.5x | 7.58+1.7x |
| Asset Turnover | 0.300.0x | 0.300.0x | 0.320.0x | 0.290.0x | 0.290.0x | 0.290.0x | 0.300.0x | 0.300.0x |
| FCF Margin | 3.6%+0.7pp | 1.2%-0.6pp | 5.3%+5.9pp | 0.9%-2.4pp | 3.0%-1.0pp | 1.7%+0.2pp | -0.6%-2.5pp | 3.2%+2.1pp |
Note: The current ratio is below 1.0 (0.75), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where USA TODAY Co., Inc. Ranks
Frequently Asked Questions
What is USA TODAY Co., Inc.'s annual revenue?
USA TODAY Co., Inc. (TDAY) reported $2.3B in total revenue for fiscal year 2025. This represents a -8.3% 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 USA TODAY Co., Inc.'s revenue growing?
USA TODAY Co., Inc. (TDAY) revenue declined by 8.3% year-over-year, from $2.5B to $2.3B in fiscal year 2025.
Is USA TODAY Co., Inc. profitable?
No, USA TODAY Co., Inc. (TDAY) reported a net loss of $40.3M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $1.7M, with a net profit margin of 0.1%.
How much debt does USA TODAY Co., Inc. have?
As of fiscal year 2025, USA TODAY Co., Inc. (TDAY) had $90.2M in cash and equivalents against $884.9M in long-term debt.
What is USA TODAY Co., Inc.'s gross margin?
USA TODAY Co., Inc. (TDAY) had a gross margin of 38.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is USA TODAY Co., Inc.'s net profit margin?
USA TODAY Co., Inc. (TDAY) had a net profit margin of 0.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is USA TODAY Co., Inc.'s return on equity (ROE)?
USA TODAY Co., Inc. (TDAY) has a return on equity of 1.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is USA TODAY Co., Inc.'s free cash flow?
USA TODAY Co., Inc. (TDAY) generated $62.9M in free cash flow during fiscal year 2025. This represents a 23.9% 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 USA TODAY Co., Inc.'s operating cash flow?
USA TODAY Co., Inc. (TDAY) generated $114.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are USA TODAY Co., Inc.'s total assets?
USA TODAY Co., Inc. (TDAY) had $1.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What are USA TODAY Co., Inc.'s capital expenditures?
USA TODAY Co., Inc. (TDAY) invested $51.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is USA TODAY Co., Inc.'s current ratio?
USA TODAY Co., Inc. (TDAY) had a current ratio of 0.75 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is USA TODAY Co., Inc.'s debt-to-equity ratio?
USA TODAY Co., Inc. (TDAY) had a debt-to-equity ratio of 5.70 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is USA TODAY Co., Inc.'s liabilities-to-equity ratio?
USA TODAY Co., Inc. (TDAY) had a liabilities-to-equity ratio of 10.85 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is USA TODAY Co., Inc.'s return on assets (ROA)?
USA TODAY Co., Inc. (TDAY) had a return on assets of 0.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is USA TODAY Co., Inc.'s P/E ratio?
USA TODAY Co., Inc. (TDAY) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $908.8M as of Oct 29, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is USA TODAY Co., Inc.'s price-to-sales ratio?
USA TODAY Co., Inc. (TDAY) trades at 0.4x sales, its market capitalization divided by $2.2B revenue, trailing 12 months to June 30, 2026. The market capitalization is $908.8M as of Oct 29, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is USA TODAY Co., Inc.'s Piotroski F-Score?
USA TODAY Co., Inc. (TDAY) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. 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 USA TODAY Co., Inc.'s earnings high quality?
USA TODAY Co., Inc. (TDAY) reported $1.7M of net income while generating $114.4M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead. 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 USA TODAY Co., Inc.?
USA TODAY Co., Inc. (TDAY) scores 22 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is the average 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.