News Corp Reports Fourth Quarter and Full Year Results for Fiscal 2026
Article excerpt
Fiscal 2026 Fourth Quarter and Full Year Financial Highlights News Corporation (News Corp or the Company) ( Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) reported financial results for the three months and fiscal year ended June 30, 2026. Commenting on the results, Chief Executive Robert Thomson said: We concluded Fiscal 2026 with an exceptional fourth quarter performance, including an 11% increase in revenues to $2.34 billion and the highest profitability on record. Fourth quarter net income from continuing operations soared 167% to $230 million, while our earnings per share were $0.33, up from $0.09 in the prior year, and our adjusted EPS were $0.35, compared to $0.19 last year. Our core growth enginesDigital Real Estate Services, Dow Jones and Book Publishingfueled a 31% surge in fourth quarter Total Segment EBITDA to $423 million. On a full year basis, News Corp reported another year of record revenue and profitability on a continuing operations basis, with growth accelerating to 7% and 15%, respectively, while operating cash flow grew 26% to $1.24 billion. As a result, free cash flow increased significantly, rising 42% to $811 million. Our enhanced cash position enabled us to aggressively return capital to shareholders, with the buyback accelerating to well over four times the prior years rate at $643 million. Our record performance is a product of sustained focus on, and...
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Extracted from this sentence
Net income from continuing operations for the full year was $743 million, a 15% increase compared to $648 million in the prior year.
