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Sep 30, 2024

News Corp Q1 2025 Earnings Report

News Corp's first quarter of fiscal year 2025 saw record revenues, strong net income, and record profitability.

Key Takeaways

News Corp reported a strong start to fiscal year 2025, with record first-quarter revenue of $2.58 billion, a 3% increase year-over-year. Net income jumped 148% to $144 million, and total segment EBITDA surged 14% to $415 million. EPS were $0.21 compared to $0.05 in the same quarter last year.

First quarter revenues reached $2.58 billion, the highest since separation, driven by growth in Digital Real Estate Services, Book Publishing, and Dow Jones segments.

Net income significantly improved to $144 million, compared to $58 million in the prior year.

Total Segment EBITDA was the highest for a first quarter since separation, totaling $415 million.

Adjusted EPS were $0.21, compared to $0.16 in the prior year.

Total Revenue
$2.58B
Previous year: $2.5B
+3.1%
EPS
$0.21
Previous year: $0.16
+31.2%
Total Dow Jones Subscriptions
5.33M
Previous year: 4.61M
+15.5%
Gross Profit
$2.58B
Previous year: $1.06B
+142.7%
Cash and Equivalents
$1.78B
Previous year: $1.53B
+16.3%
Free Cash Flow
-$31M
Previous year: -$179M
-82.7%
Total Assets
$16.9B
Previous year: $16.5B
+2.7%

News Corp

News Corp

News Corp Revenue by Segment

Forward Guidance

The company is assessing strategic and financial options for the Foxtel Group, including its capital structure and assets.

Revenue & Expenses

Visualization of income flow from segment revenue to net income