The New York Times Company (NYT) on Wednesday reported stronger profit for the third quarter of 2025, supported by growth across its subscription, advertising, and affiliate businesses. Both earnings and revenue surpassed analysts' expectations.
Net income climbed to $81.65 million, or $0.50 per share, from $64.14 million, or $0.39 per share, in the same quarter of 2024.
Excluding one-time items, adjusted EPS was $0.59, up from $0.45 last year. Analysts had expected $0.53 per share for the quarter. Analysts' estimates typically exclude special items.
Operating profit increased 36.6% to $104.79 million, compared with $76.73 million a year ago, while adjusted operating profit increased 26.1% year-over-year to $131.4 million.
Total revenue grew 9.5% to $700.82 million, from $640.18 million, led by subscription revenue of $494.63 million, up 9.1%, advertising revenue of $132.291 million, up 11.8%, and affiliate, licensing, and other revenue of $73.9 million, up 7.9%.
The consensus estimate for revenue stood at $692.01 million.
For the full year, the company expects digital-only subscription revenues to rise 13-16%, with total subscription revenues increasing 8-10%. Digital advertising revenues are projected to grow mid-to-high teens, and total advertising revenues are expected to increase in the high-single to low-double-digit range.
Shares fell over 3% in premarket trading after closing at $57.75, up 1.21% on Tuesday.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.