14 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $8.5B | $1.2B | 0.0% | 0.0% | $571M | $2.0B | $2.4B |
| 2024 | $8.3B | $266M | 0.0% | 0.0% | $540M | $2.1B | $1.9B |
| 2023 | $8.0B | $149M | 0.0% | 0.0% | $430M | $2.2B | $1.8B |
| 2022 | $8.4B | $623M | 0.0% | 0.0% | $643M | $3.1B | $1.8B |
| 2021 | $9.4B | $330M | 0.0% | 0.0% | — | $2.3B | $2.2B |
| 2020 | $9.0B | -$1.3B | 0.0% | 0.0% | — | $1.3B | $1.5B |
| 2019 | $10.1B | $155M | 0.0% | 0.0% | $356M | $1.5B | $1.6B |
| 2018 | $9.0B | -$1.5B | 0.0% | 0.0% | $393M | $2.0B | $2.0B |
| 2017 | $8.1B | -$738M | 0.0% | 0.0% | $243M | $379M | $2.0B |
| 2016 | $8.3B | $179M | 0.0% | 0.0% | $696M | $372M | $1.8B |
| 2015 | — | -$147M | — | — | $680M | $0 | $2.0B |
| 2014 | — | $239M | — | — | $671M | — | $3.1B |
| 2013 | — | $506M | — | — | $169M | — | $2.4B |
| 2012 | — | -$2.1B | — | — | $476M | — | $1.1B |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $2.2B | $89M | 0.0% | 0.0% | $399M | $2.0B | $2.2B |
| Dec '25 | $2.4B | $193M | 0.0% | 0.0% | $132M | $2.0B | $2.1B |
| Sep '25 | $2.1B | $112M | 0.0% | 0.0% | $4M | $2.0B | $2.2B |
| Jun '25 | $2.1B | $743M | 0.0% | 0.0% | $32M | $2.0B | $2.4B |
| Mar '25 | $2.0B | $103M | 0.0% | 0.0% | $418M | $2.0B | $2.1B |
| Dec '24 | $2.2B | $215M | 0.0% | 0.0% | $170M | $2.0B | $1.8B |
| Sep '24 | $2.1B | $119M | 0.0% | 0.0% | -$49M | $2.9B | $1.8B |
| Jun '24 | $2.1B | $50M | 0.0% | 0.0% | $65M | $2.1B | $1.9B |
| Mar '24 | $2.0B | $30M | 0.0% | 0.0% | $378M | $2.9B | $1.9B |
| Dec '23 | $2.1B | $156M | 0.0% | 0.0% | — | $3.0B | $1.7B |
| Sep '23 | $2.5B | $30M | 0.0% | 0.0% | — | $3.0B | $1.5B |
| Jun '23 | $2.4B | -$8M | 0.0% | 0.0% | — | $2.2B | $1.8B |
| Mar '23 | $2.4B | $50M | 0.0% | 0.0% | — | $3.0B | $1.7B |
| Dec '22 | $2.5B | $67M | 0.0% | 0.0% | — | $3.0B | $1.3B |
| Sep '22 | $2.5B | $40M | 0.0% | 0.0% | — | $3.0B | $1.5B |
| Jun '22 | $2.7B | $110M | 0.0% | 0.0% | — | $3.1B | $1.8B |
| Mar '22 | $2.5B | $82M | 0.0% | 0.0% | — | $2.8B | $1.9B |
| Dec '21 | $2.7B | $235M | 0.0% | 0.0% | — | $2.3B | $2.2B |
| Sep '21 | $2.5B | $196M | 0.0% | 0.0% | — | $2.3B | $2.1B |
| Jun '21 | $2.5B | -$14M | 0.0% | 0.0% | — | $2.3B | $2.2B |
How the market has priced NWS against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, News Corp (Class B)'s revenue has declined 1.3% per year. These are computed facts, not advice.
As of FY2025, News Corp (Class B) reported $2.0B of total debt against $2.4B of cash.
In FY2025, gross margin was —, operating margin —, and net margin 14.0%.
As of Jun '26, News Corp (Class B) traded at a price-to-earnings ratio of about 13.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.