10-K · February 27, 2026
The New York Times Company reported record subscribers (approximately 12.78 million as of December 31, 2025) and 2025 revenue of $2,824,918,000, with operating profit of $431,557,000 and diluted EPS of $2.09. Management…
Earnings analysis · 10-Q
NYT earnings analysis
Filed May 6, 2026 · Our reading of the company's report
The latest report
The New York Times Company reported strong Q1 2026 results with revenues of $712.2 million, surpassing estimates and reflecting a 12% increase year-over-year. Diluted EPS also beat expectations at $0.54, showing a…
Read full summary
The New York Times Company reported strong Q1 2026 results with revenues of $712.2 million, surpassing estimates and reflecting a 12% increase year-over-year. Diluted EPS also beat expectations at $0.54, showing a notable improvement driven by a significant rise in digital advertising revenues and operating profits.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.54
What stood out
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Revenue Growth Exceeds Expectations
Total revenue reached $712.2 million, exceeding the estimated $699.1 million.
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Strong EPS Performance
Diluted EPS stood at $0.54, exceeding the estimate of $0.47.
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Surge in Digital Ad Revenue
Digital advertising revenues surged by 31.6% compared to the previous year.
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Improved Operating Profit Margin
Operating profit increased by 54.5%, reflecting enhanced operational efficiency.
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Raised Revenue Outlook
Management expects total subscription revenues to grow 10-12% in Q2.
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Substantial Free Cash Flow
Free cash flow for the quarter was reported at $90 million.
What to watch
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Litigation Costs
Continuing litigation against Microsoft and OpenAI may result in unforeseen expenses.
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Rising Operating Costs
Increasing operational costs could pressure profit margins moving forward.
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Decreased Free Cash Flow
Free cash flow of $90 million represents a decline from previous quarters.
Management's outlook
Management anticipates subscription revenues to grow 10-12% in Q2.
Earlier filings 4
10-Q · August 6, 2025
The New York Times Company reported Q2 2025 revenue of $685.9M, up 9.7% year-over-year, with operating profit rising 34.2% to $106.6M. GAAP diluted EPS was $0.50 (adjusted diluted EPS $0.58), and digital subscription…
10-K · February 27, 2025
The New York Times reported record subscribers (approximately 11.43 million as of December 31, 2024) and grew 2024 revenues to $2,585,919,000 with operating profit of $351,096,000 and net income of $293,825,000.…
10-Q · November 4, 2024
The New York Times reported third-quarter 2024 revenue of $640,178,000, up 7.0% year-over-year, driven by an 8.3% increase in subscription revenue to $453,327,000 and digital advertising growth. Operating profit…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.