Highlights

  • Revenue increased 2% to AUD 2.14 billion in Q1, supported by growth in Dow Jones and Digital Real Estate Services.
  • Net income from continuing operations rose 1% to AUD 150 million in Q1.
  • Total Segment EBITDA grew 5% to AUD 340 million, with encouraging performance in Digital Real Estate, Dow Jones, and News Media segments.

News Corp (ASX:NWS) released its fiscal 2026 first-quarter financial results, showing a 2% year-on-year increase in total revenue to AUD 2.14 billion, supported by gains in its Dow Jones and Digital Real Estate Services segments. The company also reported higher segment profitability, with Total Segment EBITDA up by 5% to AUD 340 million. Shares of News Corp (NWS) traded 4.47% higher at AUD 47 during the trading session on 7 November 2025.

Dow Jones and Real Estate Drive Revenue Growth

News Corp’s total revenue for the quarter reached AUD 2.14 billion, up from AUD 2.10 billion in the same period last year. The improvement was mainly attributed to higher circulation and subscription income within the Dow Jones segment and favourable results from the Digital Real Estate Services segment.

A AUD 4 million positive impact from foreign currency fluctuations also contributed to the overall revenue increase. However, these gains were partly offset by reduced performance in the Book Publishing segment. On an adjusted basis, which excludes the effects of currency movements, acquisitions, and divestitures, revenue rose 2% compared with the prior year.

Earnings Remain Steady Amid Segment Gains

Net income from continuing operations for the first quarter was AUD 150 million, a slight 1% increase from AUD 149 million last year. The rise was primarily driven by higher Total Segment EBITDA, though partially offset by lower “Other, net” income.

The Total Segment EBITDA increased to AUD 340 million from AUD 325 million a year earlier, representing a 5% improvement. This was largely supported by contributions from the Digital Real Estate Services, Dow Jones, and News Media divisions. The company’s results also included a AUD 13 million write-off of a customer receivable in the Book Publishing segment.

Adjusted Earnings Show Consistent Performance

When adjusted for the impact of foreign exchange, acquisitions, and divestitures, Adjusted Total Segment EBITDA rose 5% compared with the previous year. This measure indicates consistent operational performance across the company’s major business segments, despite ongoing challenges in book publishing.

Market Reaction

Investors responded positively to the quarterly update. News Corp shares climbed 4.47% to AUD 47 during trading on 7 November 2025 following the release of the results.