News Corporation (NWSA) Earnings Call Transcripts
News Corporation's Latest Earnings Call - Q4 FY2026
In the fourth quarter of fiscal 2026, News Corporation reported record profitability, with revenues increasing by 11% to $2.3 billion and total segment EBITDA soaring 31% to $423 million. Net income surged 167% to $230 million, resulting in an EPS of $0.33, compared to $0.09 in the prior year. The company maintained its positive trajectory, achieving 12 consecutive quarters of revenue growth and 13 quarters of EBITDA growth, while also signaling confidence in further margin expansion for the current fiscal year.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $2.3B (beat) |
| Total Segment EBITDA | $423M (beat) |
| Net Income | $230M (beat) |
| EPS | $0.33 (beat) |
| Adjusted EPS | $0.35 (beat) |
| Free Cash Flow | $811M (positive) |
Guidance from management
Management expressed confidence in continued growth, particularly in Dow Jones and Digital Real Estate Services, while noting potential impacts from rising mortgage rates on the housing market. They expect free cash flow improvement to remain a key focus for fiscal 2027.
What management said
David, I'll take the second question that you had. I obviously cannot comment on REA's repurchases. But on our own repurchases, I mean, we did increase our repurchases by over 4x to $643 million. And our objective is to continue to stay in the market and to maximize TSR. We have a great balance sheet. We have great cash flow, and you can track the number of shares that we buy back on a daily basis.
Craig, on your second question, I would just reiterate what we've said. I mean, as we start at the end of July, we can say that we've had a particularly encouraging start for digital advertising in Dow Jones. But I'd also reiterate that ad revenue for us is not a very significant portion of our business. We are not -- we don't face quite the same kind of cyclical risks that a lot of other companies do.
What analysts pressed on
Analysts raised concerns about the sustainability of growth in the face of economic pressures and the potential impact of rising interest rates on the housing market. There were also questions regarding the effectiveness of AI licensing agreements and their impact on engagement metrics.
Main topics on the call
- Record Profitability — News Corp achieved record profitability in Q4 with a net income increase of 167% to $230 million. Robert Thomson stated, "We are delighted to report record profitability for our fourth quarter with a sterling 11% increas...
- Digital Transformation — The company emphasized its transformation to a digital-first model, with 61% of fiscal 2026 revenues now digital. Lavanya Chandrashekar noted, "We have delivered consistent total segment EBITDA growth underpinned by our ...
- Share Buyback Acceleration — News Corp accelerated its share buyback program, repurchasing $643 million worth of shares in fiscal 2026, over 4x the previous year. Lavanya stated, "Our objective is to continue to stay in the market and to maximize TS...
- Strong Free Cash Flow Growth — Free cash flow rose 42% to $811 million, representing approximately 50% conversion from EBITDA. This growth was attributed to increases in EBITDA and improvements in working capital.
Read the full News Corporation transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About News Corporation
News Corporation (NWSA) is a publicly listed company in the Media industry, within the Communication Services sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 57 calls on record spanning February 6, 2020 to August 5, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 57 News Corporation earnings call transcripts on record, spanning February 6, 2020 to August 5, 2026. Based on this history, News Corporation reports quarterly. The most recent call on file is dated August 5, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- NWSA
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Communication Services
- Industry
- Media
- Calls on record
- 57
- First call
- February 6, 2020
- Most recent
- August 5, 2026
- Reporting cadence
- quarterly