Financials in USD. Standardized financial statements.
A compact view of how News Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $8.45B | $8.25B | $8.01B | $10.38B | $9.36B | $9.01B | $10.07B | $9.02B | $8.14B | $8.29B |
| Revenue Growth? | +2.4% | +3.0% | -22.9% | +11.0% | +3.9% | -10.6% | +11.6% | +10.9% | -1.8% | 0.0% |
| Cost of Revenue? | $3.70B | $3.78B | $3.89B | $5.08B | $4.78B | $4.93B | $6.28B | $5.37B | $4.98B | $5.23B |
| Gross Profit? | $4.75B | $4.47B | $4.13B | $5.31B | $4.58B | $4.08B | $3.79B | $3.65B | $3.16B | $3.06B |
| Gross Margin? | +56.2% | +54.2% | +51.5% | +51.1% | +48.9% | +45.3% | +37.6% | +40.4% | +38.8% | +36.9% |
| Operating Expenses? | $3.33B | $3.25B | $3.03B | $3.63B | $3.29B | $3.06B | $9.49B | $8.42B | $7.70B | $7.96B |
| Operating Income? | $1.42B | $1.22B | $1.09B | $1.68B | $1.29B | $1.02B | $773.00M | $600.00M | $436.00M | $337.00M |
| EBITDA? | $1.13B | $970.00M | $878.00M | $1.42B | $1.04B | $785.00M | $1.08B | $1.07B | $882.00M | $667.00M |
| Income Before Tax | $923.00M | $585.00M | $380.00M | $812.00M | $450.00M | -$1.52B | $354.00M | -$1.09B | -$615.00M | $181.00M |
| Income Tax Expense | $275.00M | $206.00M | $152.00M | $52.00M | $61.00M | $21.00M | $126.00M | $355.00M | $28.00M | -$54.00M |
| Net Income? | $464.00M | $266.00M | $149.00M | $623.00M | $330.00M | -$1.27B | $228.00M | -$1.51B | -$738.00M | $179.00M |
| EPS? | $0.82 | $0.47 | $0.26 | $1.06 | $0.56 | $-2.63 | $0.39 | $-2.60 | $-1.27 | $0.30 |
| Diluted EPS? | $0.81 | $0.47 | $0.26 | $1.05 | $0.56 | $-2.63 | $0.39 | $-2.60 | $-1.27 | $0.30 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality