News Corp Reports Strong FY2026 Results with 7% Revenue Growth, 15% EBITDA Increase, and $643M in Share Buybacks
NWSA sits 35% above its 52-week low of $22.2.
Summary
News Corp reported strong fiscal year 2026 financial results with significant revenue and EBITDA growth from continuing operations, alongside substantial share repurchases and a strengthened credit facility.
Key Events · Earnings and Guidance · NWSA
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Strong Financial Performance
For fiscal year 2026, total revenues increased by 7% to $9.03 billion, and Segment EBITDA grew by 15% to $1.63 billion. Net income attributable to News Corporation stockholders from continuing operations rose by 19.4% to $573 million, with diluted EPS from continuing operations at $1.03, up from $0.84 in the prior year.
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Significant Share Repurchase Program
The company repurchased $643 million of its Class A and Class B Common Stock during fiscal year 2026. Approximately $667 million remains authorized under the $1 billion 2025 Repurchase Program, demonstrating ongoing capital return to shareholders.
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Strengthened Credit Facilities
In March 2026, News Corp entered into an amended and restated credit agreement, extending its credit facilities to five years, increasing the revolving credit facility to $1 billion, and the term loan A facility to $500 million, enhancing financial flexibility.
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Discontinued Operations Impact
The decrease in total net income attributable to News Corporation stockholders from $1.18 billion in FY2025 to $573 million in FY2026 is primarily due to a $716 million pre-tax gain from the sale of the Foxtel Group in fiscal 2025, which was a one-time event.
Analysis · NWSA · Manufacturing
News Corp delivered solid financial results for fiscal year 2026, demonstrating robust growth in its continuing operations. Revenue increased by 7% and Segment EBITDA grew by 15%, indicating healthy underlying business performance. Net income attributable to stockholders from continuing operations also saw a significant 19.4% increase. The company's substantial share repurchase activity, totaling $643 million in FY2026 with $667 million remaining under the current program, signals a strong commitment to returning capital to shareholders. The refinancing of its credit facilities, increasing the revolving credit to $1 billion, further strengthens its financial flexibility. While total net income attributable to stockholders decreased year-over-year, this was primarily due to a large one-time gain from the Foxtel sale in the prior fiscal year, not a decline in ongoing business performance.
At the time of this filing, NWSA was trading at $30.00 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $17B. The 52-week trading range was $22.20 to $31.61. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.