USA TODAY Co., Inc. reported a total revenue of $2.3 billion for the fiscal year ending December 31, 2025, a decrease of 8% from $2.5 billion in 2024. The company's digital revenues accounted for approximately 46% of total revenues, amounting to $1.1 billion, while print and commercial revenues totaled $1.2 billion, reflecting an 11% decline from the previous year. The company experienced a net income of $1.8 million, a significant recovery from a net loss of $26.4 million in 2024. This improvement was attributed to a reduction in operating costs, which fell by 9% to $1.4 billion, and a decrease in selling, general, and administrative expenses by 9% to $639.7 million.
In terms of strategic developments, USA TODAY Co. underwent a corporate rebranding in November 2025, changing its name from Gannett Co., Inc. to USA TODAY Co., Inc. The company also completed the acquisition of The Detroit News from MediaNews Group on January 31, 2026, which was financed through a combination of cash and additional debt. This acquisition is expected to enhance the company's market presence and diversify its revenue streams. The company reported an average of 186 million unique visitors across its digital platforms, with approximately 1.5 million paid digital-only subscriptions, surpassing its print subscriptions.
Operationally, USA TODAY Co. has focused on expanding its digital marketing solutions through its LocaliQ segment, which serves small and medium-sized businesses. The LocaliQ segment reported a customer count of approximately 13,300, with a customer retention rate of 95%. However, the segment's digital revenues decreased by 6% to $448.3 million, primarily due to a decline in customer count. The company also noted a significant reduction in its employee headcount, which stood at approximately 7,500 as of December 31, 2025, down from previous years, reflecting ongoing cost control initiatives.
Looking ahead, USA TODAY Co. anticipates continued challenges in the macroeconomic environment, including inflation and fluctuating interest rates, which may impact advertising revenues. The company is committed to strengthening its capital structure by reducing debt and generating consistent cash flow. As of December 31, 2025, the company had total debt of $954.2 million, with plans to manage its obligations carefully while investing in growth initiatives. The company expects to maintain adequate capital resources to meet its operational needs and is focused on leveraging its digital platforms to drive future revenue growth.
About Gannett Co., Inc.
Gannett Co., Inc. is a diversified media company delivering trusted journalism, local content, and digital experiences through its USA TODAY NETWORK and Newsquest. It operates across print, digital, and event segments, focusing on audience growth, digital revenue diversification, and community engagement. Its core value lies in providing high-quality content and innovative marketing solutions to local and national audiences and businesses.
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