REA Group Parent News Corporation Reports Q1 FY2027 Real Estate Revenue of US$418 Million

Aditi Sarkar

06 November 2026 11:23 AM AEDT

REA Group Parent News Corporation Reports Q1 FY2027 Real Estate Revenue of US$418 Million

Image Source: Krish Capital Pty Ltd

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REA Group (ASX:REA) majority shareholder News Corporation has disclosed real estate revenues of US$418 million for the three months ended September 30, 2026, up from US$370 million in the same period a year earlier, according to a Form 10-Q quarterly report filed with the United States Securities and Exchange Commission.

Key Points

News Corporation reported total revenues of US$2,281 million for the three months ended September 30, 2026, compared with US$2,144 million in the prior corresponding period.
Real estate revenues for the quarter were US$418 million, compared with US$370 million for the three months ended September 30, 2025.
Net income attributable to News Corporation stockholders was US$159 million, or US$0.29 per share basic and diluted, for the quarter ended September 30, 2026.
As of September 30, 2026, News Corporation held total assets of US$15,436 million and total equity of US$9,217 million.
As of October 30, 2026, 358,254,762 shares of Class A Common Stock and 178,920,372 shares of Class B Common Stock were outstanding.

Quarterly Revenue and Earnings for the Three Months Ended September 30, 2026

News Corporation reported total revenues of US$2,281 million for the three months ended September 30, 2026, against US$2,144 million for the three months ended September 30, 2025. Circulation and subscription revenues were US$823 million, advertising revenues were US$323 million, and consumer revenues were US$556 million. Net income for the quarter was US$215 million, with net income attributable to News Corporation stockholders of US$159 million, equating to US$0.29 per share on both a basic and diluted basis. Income tax expense for the quarter was US$81 million.

Balance Sheet Position as of September 30, 2026

News Corporation's consolidated balance sheet as of September 30, 2026 showed total assets of US$15,436 million, comprising current assets of US$4,293 million and non-current assets totalling US$11,143 million. Cash and cash equivalents stood at US$1,777 million. Total liabilities amounted to US$6,219 million, including borrowings of US$2,009 million in non-current liabilities. Total News Corporation stockholders' equity was US$8,489 million, while total equity including noncontrolling interests was US$9,217 million. Goodwill was recorded at US$4,558 million.

Comprehensive Income and Noncontrolling Interests for the Quarter

News Corporation recorded comprehensive income of US$266 million for the three months ended September 30, 2026, compared with US$127 million for the three months ended September 30, 2025. Other comprehensive income for the current quarter included foreign currency translation adjustments of US$49 million. Net income attributable to noncontrolling interests was US$56 million. Comprehensive income attributable to News Corporation stockholders was US$195 million for the quarter, against US$88 million for the prior corresponding period. The filing was submitted as a large accelerated filer under SEC regulations.

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