News Corp Sees Profits Surge
News Corp, the parent company of the Post, shared its quarterly report on Tuesday, revealing a notable 28% increase in profits and a mild 1% rise in revenues, both figures surpassing analysts’ predictions.
For the fourth quarter, net income from ongoing operations reached $86 million, compared to $67 million last year. According to data from LSEG, revenues were up to $2.09 billion year-on-year, even edging past the $2.1 billion forecast.
This media powerhouse, based in New York, saw a boost in revenue thanks to higher distribution and subscription earnings from its Dow Jones division, which includes prominent names like the Wall Street Journal and MarketWatch.
During the fiscal year ending in July 2025, profits soared to $648 million—up a striking 71% from $379 million the prior year. Overall, the full-year revenues ticked up 2% to hit $8.45 billion, rising from $8.25 billion the previous year.
Robert Thomson, CEO of News Corp, remarked, “These impressive results have strengthened our financial standing, allowing us to return capital to shareholders.”
The company’s board authorized a new stock repurchase program worth $1 billion last month, alongside approximately $300 million left from a previous repurchase initiative that was approved four years ago.
“We plan to accelerate the repurchase execution right after announcing these results,” Thomson added. “This marks a significant and quick tempo, reflecting our confidence in the company’s financial stability.”
The positive revenue report coincided with the Post’s announcement about its plans to launch the California Post on the West Coast in early 2026, signaling an exciting expansion ahead.
Moreover, Thomson emphasized the need for the industry to appreciate the essence of intellectual property, particularly in light of the challenges posed by artificial intelligence.
“While many products are created in competition with China, America’s strengths lie in its ingenuity and creativity, not just data. Undermining intellectual property rights could ultimately destroy our unique advantages,” he stated.
“Even high-profile figures like the President aren’t exempt from this issue. Though his book continues to sell well, the existence of AI that can consume his ideas might adversely affect future sales,” he concluded.
