New York Times Co
NYSE:NYT

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New York Times Co
NYSE:NYT
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Price: 67.53 USD -0.65% Market Closed
Market Cap: 11B USD

New York Times Co
Investor Relations

In the bustling media landscape, The New York Times Co. stands as a formidable force, carving out its niche within the realm of journalism. Founded in 1851, the company has evolved from a traditional print newspaper into a multifaceted digital media enterprise. Central to its operations is the flagship publication, The New York Times, which blends a storied legacy of quality journalism with the modern capabilities of digital platforms. The company garners revenues through a subscription-based model, which it has successfully expanded to include digital-only subscriptions alongside its traditional print offerings. This pivot to a digital-first approach has been instrumental as it navigates the continual decline in print advertising revenues, ensuring its survival and growth in the digital age.

Adding to its robust subscription revenue, The New York Times Co. capitalizes on various advertising avenues. While print advertising was its bread and butter for decades, the shift in focus to digital advertising has been vital. This encompasses display ads on its website and app, podcast sponsorships, branded content, and even strategic partnerships. Despite the volatile nature of the ad market, The New York Times leverages its brand reputation and extensive reach to attract advertisers seeking an audience engaged in reliable and insightful journalism. Diversification efforts, such as ventures into podcasts, newsletters, and other digital products, further bolster its standing as a media conglomerate, creating multiple streams of revenue and ensuring resilience in an era of rapid technological advancement.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 5, 2025
AI Summary
Q3 2025

Subscriber Growth: The Times added 460,000 net new digital subscribers, bringing the total to 12.3 million, moving closer to its 15 million milestone.

Revenue Momentum: Digital subscription revenue grew by 14%, while total revenue increased about 9.5% year-on-year.

Advertising Strength: Digital advertising revenue surged over 20%, and total advertising revenue grew nearly 12%, both outperforming guidance.

Profitability: Adjusted operating profit (AOP) grew about 26%, with margin expanding by 240 basis points.

Disciplined Costs & Capital Return: Expense growth was kept in check despite ongoing investments, and the company returned $191 million to shareholders year-to-date.

Guidance Raised: Q4 outlook includes strong double-digit growth for digital subscription and advertising revenues, with continued margin expansion and free cash flow generation expected.

Key Financials
Digital Subscribers
12.3 million
Digital Subscription Revenue
$367 million
Total Subscription Revenue
$495 million
Digital Advertising Revenue
$98 million
Total Advertising Revenue
$132 million
Affiliate, Licensing and Other Revenues
$74 million
Adjusted Diluted EPS
$0.59
Free Cash Flow
$393 million (first 9 months)
Total Digital-only ARPU
$9.79
Capital Returned to Shareholders
$191 million (first 9 months)
Earnings Call Recording
Other Earnings Calls

Management

Mr. Arthur Gregg Sulzberger
Chairman of the Board & Publisher
No Bio Available
Mr. William Bardeen
Executive VP & Chief Financial Officer
No Bio Available
Mr. Marc Lacey
Managing Editor
No Bio Available
Mr. R. Anthony Benten
Senior VP, Treasurer & Chief Accounting Officer
No Bio Available
Mr. Jason Sobel
Chief Technology Officer
No Bio Available
Mr. Anthony Joseph DiClemente Jr., C.F.A., Jr.
Senior Vice President of Investor Relations
No Bio Available
Mr. David Rubin
Chief Brand & Communications Officer
No Bio Available
Ms. Amy Weisenbach
Senior VP & Head of Marketing
No Bio Available
Mr. Andy Wright
Senior VP of Advertising & Publisher of The New York Times Magazine
No Bio Available

Contacts

Address
NEW YORK
New York City
620 8th Ave
Contacts
+12125561234.0
www.nytco.com