N
NEWS CORP
NWSACIK 0001564708NasdaqLarge AcceleratedNewspapers: Publishing Or Publishing & PrintingDelawareFY ends Jun 30
Period
FY 2025
Revenue
$8.45B
Net Income
$1.18B
Total Assets
$15.50B
Equity
$8.77B
Shares Out
579.00M
Op. Cash Flow
$978.00M
Business
NEWS CORP is a global, diversified media and information services company that creates and distributes authoritative news, information, real estate and book content to consumers and businesses. It offers premium journalism and information services, digital real estate marketplaces, consumer and professional news products, book publishing and related advertising, subscription and licensing services. The business is organized into five reportable segments: Dow Jones; Digital Real Estate Services; Book Publishing; News Media; and Other corporate functions. Its content and products are distributed worldwide via websites, mobile apps, social media, e‑book and audio platforms, print, radio and live events.
Summary from filing dated 2025-08-06
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Revenues: | 8,452 | 8,252 | 8,012 | 10,385 | 9,358 | |
| Total Revenues | 8,452 | 8,252 | 8,012 | 10,385 | 9,358 | |
| Operating expenses | −3,736 | −3,814 | −3,911 | −5,124 | −4,831 | |
| Selling, general and administrative | −3,301 | −3,197 | −3,012 | −3,592 | −3,254 | |
| Depreciation and amortization | −459 | −440 | −415 | −688 | −680 | |
| Impairment and restructuring charges | −132 | −133 | −121 | −109 | −168 | |
| Equity losses of affiliates | −15 | −6 | −127 | −13 | −65 | |
| Interest income (expense), net | 3 | −18 | −49 | −99 | −53 | |
| Other, net | 111 | −59 | 3 | 52 | 143 | |
| Income before income tax expense from continuing operations | 923 | 585 | 380 | 812 | 450 | |
| Income tax expense from continuing operations | −275 | −206 | −152 | −52 | −61 | |
| Net income from continuing operations | 648 | 379 | 228 | — | — | |
| Net income (loss) from discontinued operations, net of tax | 692 | −25 | −41 | — | — | |
| Net income | 1,340 | 354 | 187 | 760 | 389 | |
| Net income attributable to noncontrolling interests from continuing operations | −168 | −110 | −65 | — | — | |
| Net loss attributable to noncontrolling interests from discontinued operations | 8 | 22 | 27 | — | — | |
| Net income attributable to News Corporation stockholders | 1,180 | 266 | 149 | 623 | 330 | |
| Continuing operations (in dollars per share) | 0.85 | 0.47 | 0.28 | — | — | |
| Discontinued operations (in dollars per share) | 1.23 | 0 | −0.02 | — | — | |
| Basic (in dollars per share) | 2.08 | 0.47 | 0.26 | 1.06 | 0.56 | |
| Continuing operations (in dollars per share) | 0.84 | 0.47 | 0.28 | — | — | |
| Discontinued operations (in dollars per share) | 1.23 | −0.01 | −0.02 | — | — | |
| Diluted (in dollars per share) | 2.07 | 0.46 | 0.26 | 1.05 | 0.56 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 2,403 | 1,872 | 1,761 | 1,822 | 2,236 | |
| Receivables, net | 1,562 | 1,420 | 1,425 | 1,502 | 1,498 | |
| Inventory, net | 327 | 266 | 311 | 311 | 253 | |
| Other current assets | 519 | 474 | 484 | 458 | 469 | |
| Current assets of discontinued operations | 0 | 340 | — | — | — | |
| Total current assets | 4,811 | 4,372 | 4,053 | 4,093 | 4,456 | |
| Investments | 1,016 | 429 | 427 | 488 | 351 | |
| Property, plant and equipment, net | 1,331 | 1,272 | 2,042 | 2,103 | 2,272 | |
| Operating lease right-of-use assets | 789 | 805 | 1,036 | 891 | 1,035 | |
| Intangible assets, net | 1,930 | 1,948 | 2,489 | 2,671 | 2,179 | |
| Goodwill | 4,373 | 4,336 | 4,291 | 5,169 | 4,653 | |
| Deferred income tax assets, net | 254 | 332 | 393 | 422 | 378 | |
| Other non-current assets | 1,000 | 957 | 1,341 | 1,384 | 1,447 | |
| Non-current assets of discontinued operations | 0 | 2,233 | — | — | — | |
| Total assets | 15,504 | 16,684 | 16,921 | 17,221 | 16,771 | |
| Accounts payable | 335 | 254 | 440 | 411 | 321 | |
| Accrued expenses | 1,036 | 986 | 1,123 | 1,236 | 1,339 | |
| Deferred revenue | 498 | 483 | 622 | 604 | 473 | |
| Current borrowings | 25 | 9 | 27 | 293 | 28 | |
| Other current liabilities | 714 | 772 | 953 | 975 | 1,073 | |
| Current liabilities of discontinued operations | 0 | 551 | — | — | — | |
| Total current liabilities | 2,608 | 3,055 | 3,165 | 3,519 | 3,234 | |
| Borrowings | 1,937 | 2,093 | 2,940 | 2,776 | 2,285 | |
| Retirement benefit obligations | 117 | 125 | 134 | 155 | 211 | |
| Deferred income tax liabilities, net | 57 | 21 | 163 | 198 | 260 | |
| Operating lease liabilities | 904 | 912 | 1,128 | 947 | 1,116 | |
| Other non-current liabilities | 492 | 472 | 446 | 483 | 519 | |
| Non-current liabilities of discontinued operations | 0 | 995 | — | — | — | |
| Commitments and contingencies | — | — | — | — | — | |
| Additional paid-in capital | 11,058 | 11,254 | 11,449 | 11,779 | 12,057 | |
| Accumulated deficit | −747 | −1,889 | −2,144 | −2,293 | −2,911 | |
| Accumulated other comprehensive loss | −1,543 | −1,251 | −1,247 | −1,270 | −941 | |
| Total News Corporation stockholders equity | 8,774 | 8,120 | 8,064 | 8,222 | 8,211 | |
| Noncontrolling interests | 615 | 891 | 881 | 921 | 935 | |
| Total equity | 9,389 | 9,011 | 8,945 | 9,143 | 9,146 | |
| Total liabilities and equity | 15,504 | 16,684 | 16,921 | 17,221 | 16,771 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Operating lease expense | 74 | 72 | 83 | 125 | 128 | |
| Impairment charges | 12 | 44 | 2 | 15 | 0 | |
| Deferred income taxes | 83 | 31 | 12 | −125 | −100 | |
| Other, net | −107 | 64 | 6 | −29 | −143 | |
| Receivables and other assets | −96 | −85 | −181 | −51 | −166 | |
| Inventories, net | −46 | 27 | 5 | −87 | 6 | |
| Accounts payable and other liabilities | −64 | −81 | 80 | 45 | 363 | |
| Net cash provided by operating activities from continuing operations | 978 | 897 | 777 | — | — | |
| Capital expenditures | −407 | −357 | −347 | −499 | −390 | |
| Proceeds from sales of property, plant and equipment | 0 | 0 | 37 | 6 | 24 | |
| Acquisitions, net of cash acquired | −96 | −38 | −17 | −1,501 | −886 | |
| Purchases of investments in equity affiliates and other | −154 | −96 | −124 | −138 | −26 | |
| Proceeds from sales of investments in equity affiliates and other | 274 | 81 | 50 | 26 | — | |
| Other, net | −23 | 0 | −22 | 30 | −1 | |
| Net cash used in investing activities from continuing operations | −406 | −410 | −423 | — | — | |
| Borrowings | 61 | 278 | 0 | 1,690 | 1,515 | |
| Repayment of borrowings | −203 | −409 | −65 | −838 | −557 | |
| Repurchase of shares | −150 | −117 | −243 | −179 | 0 | |
| Dividends paid | −185 | −172 | −174 | −175 | −163 | |
| Other, net | −47 | −63 | −43 | −94 | −96 | |
| Net cash used in financing activities from continuing operations | −524 | −483 | −525 | — | — | |
| Net cash provided by operating activities from discontinued operations | 156 | 201 | 314 | — | — | |
| Net cash provided by (used in) investing activities from discontinued operations | 253 | −114 | −151 | — | — | |
| Net cash (used in) provided by financing activities from discontinued operations | −39 | 42 | 24 | — | — | |
| Net cash provided by discontinued operations | 370 | 129 | 187 | — | — | |
| Net change in cash and cash equivalents, including discontinued operations | 418 | 133 | 16 | −318 | 644 | |
| Effect of exchange rate changes on cash and cash equivalents, including discontinued operations | 25 | −6 | −5 | — | — |
Filings
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