Gannett Co., Inc. reported total revenues of $560.8 million and a net loss attributable to Gannett of $39.2 million for the third quarter of 2025. The company achieved a significant milestone with total debt falling below $1.0 billion and announced a new AI licensing agreement with Microsoft. Despite a decrease in total revenues compared to the previous year, the company is optimistic about strong digital revenue growth in the fourth quarter.
Total revenues for Q3 2025 were $560.8 million, an 8.4% decrease from Q3 2024.
Net loss attributable to Gannett was $39.2 million, compared to a net loss of $19.7 million in Q3 2024.
Total debt fell below $1.0 billion, marking a significant financial milestone for the company.
A new AI licensing agreement with Microsoft was announced, expected to contribute to digital revenue growth in Q4.
Gannett is updating its full year 2025 outlook, anticipating strong digital revenue growth, significant Adjusted EBITDA, and free cash flow growth in the fourth quarter, driven by new AI licensing and cost reduction programs.
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