New York Times Financial Statements
NYSE: NYTConsumer DiscretionaryNewspapers/MagazinesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
New York Times revenue and earnings
In fiscal 2025, New York Times generated $2.82 billion in revenue, up 9.2% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $344.0 million (+17.1% year over year), for a net margin of 12.2% versus a median of 9.6% in the prior 5 years. Gross margin was 50.8% (up from 49.4%) and operating margin 15.3%.
Diluted earnings per share came in at $2.09, up from $1.77. Over the last 5 fiscal years, NYT's revenue has grown at a 9.6% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
New York Times income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-26 | FY 20202020-12-27 | FY 20192019-12-29 | FY 20182018-12-30 | FY 20172017-12-31 | FY 20162016-12-25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.82B | 2.59B | 2.43B | 2.31B | 2.07B | 1.78B | 1.81B | 1.75B | 1.68B | 1.56B |
| Revenue growth (YoY) | +9.24% | +6.59% | +5.10% | +11.25% | +16.33% | -1.58% | +3.64% | +4.35% | +7.73% | -1.51% |
| Cost of Revenue | 1.39B | 1.31B | 1.25B | 1.21B | 1.04B | 959.31M | 0 | 0 | 616.34M | 629.36M |
| Gross Profit | 1.44B | 1.28B | 1.18B | 1.10B | 1.04B | 824.33M | 1.81B | 1.75B | 1.06B | 925.99M |
| Operating Expenses | 1.00B | 925.31M | 900.82M | 897.42M | 767.27M | 648.07M | 1.64B | 1.56B | 882.71M | 813.31M |
| Research & Development | 264.35M | 248.20M | 228.80M | 204.19M | 160.87M | 133.38M | 106.42M | 84.10M | — | — |
| Selling, General & Admin | 635.15M | 586.36M | 571.27M | 556.81M | 545.07M | 452.55M | 0 | 0 | 815.07M | 728.34M |
| Operating Income | 431.56M | 351.10M | 276.27M | 201.97M | 268.03M | 176.26M | 175.58M | 190.17M | 176.59M | 112.68M |
| Pretax Income | 451.26M | 383.42M | 302.59M | 236.00M | 290.50M | 115.43M | 164.46M | 176.09M | 111.22M | 30.53M |
| Income Tax | 107.28M | 89.60M | 69.84M | 62.09M | 70.53M | 14.60M | 24.49M | 48.63M | 103.96M | 4.42M |
| Net Income | 343.98M | 293.82M | 232.39M | 173.91M | 219.97M | 100.10M | 139.97M | 125.68M | 4.30M | 29.07M |
| Net Income growth (YoY) | +17.07% | +26.44% | +33.63% | -20.94% | +119.74% | -28.48% | +11.36% | +2825.61% | -85.22% | -54.04% |
| EPS (Basic) | 2.11 | 1.79 | 1.41 | 1.04 | 1.31 | 0.60 | 0.84 | 0.76 | 0.03 | 0.18 |
| EPS (Diluted) | 2.09 | 1.77 | 1.40 | 1.04 | 1.31 | 0.60 | 0.83 | 0.75 | 0.03 | 0.18 |
| Shares Outstanding (Basic) | 163.16M | 164.43M | 164.72M | 166.87M | 167.93M | 166.97M | 166.04M | 164.84M | 161.93M | 161.13M |
| Shares Outstanding (Diluted) | 164.94M | 165.80M | 165.66M | 167.14M | 168.53M | 168.04M | 167.54M | 166.94M | 164.26M | 162.82M |
| EBITDA | 516.56M | 434.03M | 362.39M | 284.62M | 325.54M | 238.39M | 236.24M | 249.18M | 238.46M | 174.40M |
| Gross Margin | 50.81% | 49.36% | 48.52% | 47.63% | 49.90% | 46.22% | 100.00% | 100.00% | 63.22% | 59.54% |
| Operating Margin | 15.28% | 13.58% | 11.39% | 8.75% | 12.92% | 9.88% | 9.69% | 10.88% | 10.54% | 7.24% |
| Net Margin | 12.18% | 11.36% | 9.58% | 7.53% | 10.60% | 5.61% | 7.72% | 7.19% | 26.00% | 1.87% |
This table shows 10 annual periods of New York Times's income statement, from FY 2025 back to FY 2016, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow NYT's reporting calendar. What is a income statement?