Welcome to our dedicated page for USA Today Co SEC filings (Ticker: TDAY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for USA TODAY Co., Inc. (NYSE: TDAY) is intended to provide access to the company’s regulatory disclosures as they become available from the U.S. Securities and Exchange Commission’s EDGAR system. While no specific filings are listed in the provided data, investors typically look to this type of page for a consolidated view of key documents and related analysis.
For a diversified media and digital marketing company such as USA TODAY Co., important SEC filings generally include annual reports on Form 10-K and quarterly reports on Form 10-Q, which describe the business, risk factors, and segment information. Given the company’s description of its operations around the USA TODAY NETWORK, Newsquest, and LocaliQ, these filings can help readers understand how its media and digital marketing activities are organized and discussed in formal regulatory documents.
Current reports on Form 8-K, when filed, may cover material events such as significant partnerships, strategic agreements, or other developments that the company chooses to highlight in press releases, including arrangements with technology platforms or participation in financing-related activities. Proxy statements on Schedule 14A, when available, typically address matters submitted to shareholders, such as governance topics and executive compensation.
On Stock Titan, this page is designed to pair real-time updates from EDGAR with AI-powered summaries that explain the structure and main points of filings in accessible language. As filings for TDAY appear, users can review the original documents alongside AI-generated highlights that clarify sections, terminology, and recurring themes, helping them navigate complex disclosures more efficiently.
USA TODAY Co., Inc. filed its Annual Report describing its 2025 operations, strategy, and risks as a diversified media and digital marketing company. The business now spans three segments: USA TODAY Media, U.K.-based Newsquest, and LocaliQ digital marketing solutions.
Digital revenues reached $1.1 billion in 2025, representing 46% of total revenues, driven by advertising, digital marketing services, subscriptions, and AI-related partnerships. USA TODAY Media generated $654.2 million of digital revenue, while Newsquest generated $81.5 million. Print and commercial revenue remains significant but is declining.
The company averaged 186 million unique digital visitors across USA TODAY Media and Newsquest and had about 1.5 million paid digital-only subscriptions and 0.8 million print subscribers as of December 31, 2025. It also reports substantial debt, including $729.5 million under a first-lien term loan and convertible notes maturing in 2027 and 2031, and highlights competitive, macroeconomic, technological, and regulatory risks.
USA TODAY Co. reported mixed fourth-quarter 2025 results, with total revenue of $585.0 million, down 5.8% year over year, but a strong shift toward digital, which generated $277.5 million and 47.4% of revenue. The quarter showed a net loss attributable to the company of $30.1 million, but Total Adjusted EBITDA rose 16.6% to $91.1 million, lifting margin to 15.6%.
For full-year 2025, revenue was $2.30 billion, down 8.3%, yet USA TODAY Co. produced positive net income of $1.7 million for the first time since its 2019 merger and free cash flow of $64.2 million. The company repaid about $136 million of long-term debt, ending 2025 with $90.2 million in cash, total debt of $977.3 million and first lien net leverage of 2.4x. For 2026, management expects same-store revenue to be flat to down slightly, with digital surpassing 50% of revenue and net income, Total Adjusted EBITDA, operating cash flow and free cash flow all growing, including double-digit growth in the two cash flow measures.
Apollo-affiliated investment funds reported a significant passive stake in USA TODAY Co., Inc. common stock. The group of 17 related Apollo entities collectively reported beneficial ownership of 12,128,756 shares, representing 8.2% of the company’s common stock, based on 147,108,750 shares outstanding as of October 27, 2025.
The largest holder listed is Apollo Credit Strategies Master Fund Ltd. with 10,668,086 shares, or 7.3% of the class, with smaller positions held by Apollo Atlas Master Fund, Apollo Credit Strategies Absolute Return Aggregator A, and Apollo PPF Credit Strategies. All Reporting Persons have zero sole voting or dispositive power and share voting and dispositive power over their respective positions.
The Apollo entities and certain related executives expressly disclaim beneficial ownership of shares beyond those held of record by each listed Reporting Person. They also certify that the securities were not acquired and are not held for the purpose of changing or influencing control of the issuer, indicating this is a passive investment under Schedule 13G.
USA TODAY Co., Inc. director John Jeffry Louis reported receiving 5,825 shares of common stock on 12/31/2025 at a price of $5.15 per share. The filing states this grant reflects shares issued in lieu of $30,000 in director retainer fees in a transaction exempt under Rule 16b-3. Following this grant, he beneficially owns 641,299 shares directly, with additional indirect holdings through several family trusts.
USA TODAY Co., Inc. director Amy Reinhard reported receiving additional shares of the company’s common stock as part of her board compensation. On 12/31/2025, she was granted 2,912 shares of common stock at $5.15 per share, issued in lieu of cash retainer fees of $15,000 in a transaction exempt under Rule 16b-3. Following this grant, she beneficially owned 170,273 shares of USA TODAY Co., Inc. common stock, held directly.