New York Times (NYT) Q3 FY2026 earnings: revenue $769 million, up 9.7% on the year

New York Times Co. (NYT) reported revenue of $769 million for Q3 FY2026, the quarter ended 30 September 2026, up 9.7% on the same quarter a year earlier. Net income was $97 million, up 19.2% on the year, and diluted earnings per share $0.60. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.

Revenue

$769 million

+9.7% on the year · +0.8% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

15.9%

15.0% a year earlier

Q4 FY2024Q3 FY2026

Net income

$97 million

+19.2% on the year · +4.2% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$0.60

+20.0% on the year · +5.3% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 3 lowered, 1 narrowed, 6 kept.

Revenue rose 9.7 percent: Total revenues reached $768.5 million from $700.8 million a year earlier, with subscription, advertising and affiliate revenue each higher than in the third quarter of 2025.
Operating profit rose 16.4 percent: Operating profit was $121.9 million, against $104.8 million, and adjusted operating profit was $149.6 million, against $131.4 million. Adjusted figures exclude depreciation, amortization and special items.
Digital-only subscription revenue rose 14.6 percent: Digital-only subscription revenue reached $421.3 million, which management attributed to higher average digital-only subscribers and higher ARPU. Nine-month digital-only subscription revenue rose 15.7 percent.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	769	762	701	+0.8%	+9.7%
Cost of revenue	373	368	349	+1.5%	+7.0%
Gross profit	395	395	352	+0.1%	+12.3%
Gross margin	51.4%	51.8%	50.2%
Research and development	72.3	70.3	67.0	+2.7%	+7.9%
Operating income	122	118	105	+3.3%	+16.4%
Operating margin	15.9%	15.5%	15.0%
Pre-tax income	130	125	108	+3.7%	+20.3%
Income tax	32.5	31.8	26.4	+2.3%	+23.4%
Effective tax rate	25.0%	25.4%	24.4%
Net income	97.4	93.4	81.6	+4.2%	+19.2%
Net margin	12.7%	12.3%	11.7%
Diluted EPS	$0.60	$0.57	$0.50	+5.3%	+20.0%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	176	194	208	-9.5%	-15.3%
Capital expenditure	5.6	10.1	7.9	-44.5%	-28.8%
Free cash flow	170	184	200	-7.6%	-14.8%
Free cash flow margin	22.1%	24.2%	28.5%
Cash from investing	-69.7	-74.1	-97.0
Cash from financing	-118	-73.7	-59.0
Depreciation and amortisation	21.1	21.1	21.3	+0.1%	-0.9%
Share-based compensation	19.1	20.0	18.5	-4.3%	+3.4%
Buybacks	79.1	35.4	27.3	+123.2%	+189.5%
Dividends paid	37.2	37.2	29.4	+0.1%	+26.6%
Dividend per share	$0.23	$0.23	$0.18	0.0%	+27.8%
Diluted shares, weighted	162m	163m	164m	-0.5%	-1.3%
Shares outstanding at period end	160m	161m	162m	-0.9%	-1.5%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	2,045	2,048	1,980	-0.1%	+3.3%
Debt	0.0	0.0	0.0
Other liabilities	971	937	907	+3.7%	+7.1%
Total liabilities and equity	3,017	2,985	2,887	+1.1%	+4.5%
Goodwill	407	407	409	-0.1%	-0.6%
Intangible assets	209	215	236	-3.2%	-11.8%
Investments	1,043	984	847	+6.1%	+23.1%
Cash and equivalents	221	233	249	-4.9%	-11.2%
Receivables	249	236	204	+5.4%	+21.9%
Other assets	888	910	941	-2.4%	-5.6%
Total assets	3,017	2,985	2,887	+1.1%	+4.5%

Questions

What was New York Times' revenue in Q3 FY2026?

New York Times (NYT) reported revenue of $769 million for Q3 FY2026, the quarter ended 30 September 2026, up 9.7% on the same quarter a year earlier.

How much did New York Times earn in Q3 FY2026?

Net income for Q3 FY2026 was $97 million, up 19.2% on the year, and diluted earnings per share $0.60.

When did New York Times report Q3 FY2026 results?

New York Times filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022 †	Q2 FY2022	Q3 FY2022 †	Q4 FY2022 * †	Q1 FY2023	Q2 FY2023 †	Q3 FY2023	Q4 FY2023 * †	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	594	537	556	548	668	561	591	598	676	594	625	640	727	636	686	701	802	712	762	769
Cost of revenue	280	281	301	295	332	307	310	311	321	317	323	332	338	335	339	349	367	363	368	373
Gross profit	314	6.3	51.7	51.0	335	27.9	55.8	287	355	277	302	308	389	301	347	352	435	349	395	395
Gross margin	53%	1%	9%	9%	50%	5%	9%	48%	53%	47%	48%	48%	53%	47%	51%	50%	54%	49%	52%	51%
R&D	41.6	47.4	50.8	50.5	55.5	57.1	56.0	57.4	58.3	63.2	62.2	61.0	61.8	66.5	63.9	67.0	66.9	70.2	70.3	72.3
Operating income	94.1	6.3	51.7	51.0	93.0	27.9	55.8	63.6	129	48.3	79.4	76.7	147	58.6	107	105	162	90.6	118	122
Operating margin	16%	1%	9%	9%	14%	5%	9%	11%	19%	8%	13%	12%	20%	9%	16%	15%	20%	13%	15%	16%
Pre-tax income	92.4	5.8	85.6	50.8	93.7	31.8	61.0	70.0	140	55.7	87.1	85.0	156	64.0	112	108	168	98.3	125	130
Tax rate	24%	19%	28%	28%	24%	30%	24%	23%	21%	27%	25%	25%	21%	23%	26%	24%	23%	11%	25%	25%
Net income	69.9	4.7	61.8	36.6	70.8	22.3	46.6	53.6	110	40.4	65.5	64.1	124	49.6	82.9	81.6	130	87.9	93.4	97.4
Net margin	12%	1%	11%	7%	11%	4%	8%	9%	16%	7%	10%	10%	17%	8%	12%	12%	16%	12%	12%	13%
Diluted EPS	$0.43	$0.03	$0.37	$0.22	$0.43	$0.13	$0.28	$0.32	$0.66	$0.24	$0.40	$0.39	$0.75	$0.30	$0.50	$0.50	$0.79	$0.54	$0.57	$0.60
Operating cash flow	59.5	-14.7	30.8	68.9	65.7	50.7	69.1	104	137	53.1	80.2	126	152	99.1	114	208	164	92.2	194	176
Capital expenditure	10.9	8.6	10.4	8.8	9.2	6.0	4.8	5.7	6.1	6.4	7.6	7.1	8.1	9.2	10.3	7.9	6.5	10.7	10.1	5.6
Free cash flow	48.7	-23.2	20.4	60.1	56.5	44.7	64.2	98.6	130	46.7	72.6	118	144	89.9	103	200	158	81.5	184	170
Buybacks	0.0	29.0	25.4	25.3	25.3	30.7	12.9	0.0	1.0	32.5	9.5	18.3	24.7	59.0	23.6	27.3	55.5	56.3	35.4	79.1
Dividends paid	11.7	11.8	15.1	15.0	14.9	15.1	18.1	18.2	18.1	18.6	21.4	21.5	21.4	22.1	29.6	29.4	29.3	30.4	37.2	37.2
Shares outstanding	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	163m	163m	163m	162m	161m	162m	161m	160m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.