The New York Times Company Earnings Recaps
Q1 2026
May 7, 2026
The New York Times shares rose 3.8% following a quarter that delivered solid digital subscription growth and a notable acceleration in digital advertising revenue that surpassed expectations.
Key takeaways
- Digital-only subscription revenues grew approximately 16%, with 310,000 net new digital-only subscribers added, pushing the total base beyond 13 million.
- Total subscription revenues rose 11.3% to about $517 million, coming in above the company’s guidance range.
- Digital advertising revenues surged 32%, reflecting strong execution and marked improvement over prior periods.
- Adjusted operating profit (AOP) increased roughly 27%, with margin expansion of 200 basis points, underscoring disciplined cost management alongside strategic investments.
- The company continues to invest in premium journalism, video content, and new product innovations such as games and podcasts to drive long-term engagement and growth.
Q3 2025
Nov 5, 2025
The New York Times Company delivered robust third-quarter results, highlighted by a strong surge in digital subscriber growth and significant increases in both revenue and operating profit, affirming the effectiveness of its multifaceted business strategy.
Key takeaways
- Added 460,000 net new digital subscribers, reaching a total of 12.3 million, positioning towards the 15 million milestone.
- Digital subscription revenue rose 14%, driven by heightened audience engagement and enhanced product offerings including video and AI.
- Advertising revenue surged, with digital advertising up over 20% and total advertising growing nearly 12%, reflecting a successful strategy to broaden the digital ad business.
- Consolidated revenues grew approximately 9.5%, and adjusted operating profit increased by 26%, with AOP margin expanding by 240 basis points.
- Generated $393 million in free cash flow year-to-date, returning $191 million to shareholders, aligning with the commitment to return at least 50% of free cash flow to investors.