$NWS · NEWS CORP
News Corp reported Q1 FY2027 (ended September 30, 2026) results: total revenues of $2.281B, up 6% from $2.144B, and net income of $215M, up 43% from $150M. Total Segment EBITDA rose 19% to $403M from $340M. Reported EPS was $0.29 vs $0.20; adjusted EPS was $0.28 vs $0.22. Growth was led by Digital Real Estate Services (+10%), Book Publishing (+9%), and Dow Jones (+8%), while News Media revenue fell 1%.
- Total Segment EBITDA rose 19% to $403M from $340M.
- Dow Jones revenue grew 8% to $630M, with Risk & Compliance up 11% to $104M.
- REA Group revenue rose 13% to $369M, including a $27M FX benefit.
- News Media Segment EBITDA fell 40% to $18M from $30M.
- Free cash flow was $(89)M versus $4M a year earlier.
Extended-hours last trade of $34.00 is +1.83% vs the $33.39 regular close, indicating a positive after-hours reaction to the earnings beat.
Fourteenth consecutive quarter of year-over-year profitability growth, driven by digital real estate, book publishing, and Dow Jones.
Dow Jones digital subscriptions (WSJ digital-only +11% to 4.66M) and AI content licensing with OpenAI and Meta anchor News Corp's higher-margin digital pivot.
News Media segment EBITDA fell 40% and free cash flow swung to $(89)M on working capital timing and higher tax payments. Realtor.com unique users fell 8% and lead volumes 11%.