News Corporation Reports 2% Revenue Growth to $2.144 Billion for Q3 2025

News Corporation reported a modest increase in financial performance for the three months ending September 30, 2025, with total revenues reaching $2.144 billion, up 2% from $2.096 billion in the same period last year. The growth was primarily driven by a 5% increase in circulation and subscription revenues, which totaled $782 million, compared to $743 million in the prior year. However, advertising revenues saw a slight decline, falling to $317 million from $321 million. The company’s net income rose to $150 million, a 4% increase from $144 million in the previous year, while net income attributable to News Corporation stockholders decreased by 6% to $112 million.

In terms of operational changes, News Corporation experienced a decrease in operating expenses, which fell by 1% to $941 million, attributed to cost-saving initiatives in the News Media segment. Selling, general, and administrative expenses increased by 5% to $863 million, largely due to higher employee and marketing costs at the Dow Jones segment. The company also recorded impairment and restructuring charges of $19 million, down from $22 million in the previous year. The overall financial health of the company remains stable, with cash and cash equivalents totaling $2.198 billion as of September 30, 2025.

The company’s strategic focus on digital growth is evident in the performance of its segments. The Dow Jones segment, which includes The Wall Street Journal, reported a 6% increase in revenues, driven by higher circulation and subscription revenues. The Digital Real Estate Services segment also saw a 5% revenue increase, bolstered by growth at Move and REA Group. Conversely, the Book Publishing segment faced challenges, with revenues declining by 2% due to lower digital book sales and a significant write-off related to a customer receivable.

Looking ahead, News Corporation remains optimistic about its growth trajectory, particularly in digital subscriptions and real estate services. The company continues to evaluate potential acquisitions and dispositions to enhance its portfolio. The management expressed confidence in its ability to navigate market conditions and maintain liquidity, supported by a robust cash position and access to credit facilities. The company’s stock repurchase programs, which authorize up to $1 billion in share buybacks, further reflect its commitment to returning value to shareholders.