← NEW YORK TIMES CO
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.6b | $1.7b | $1.7b | $1.8b | $1.8b | $2.1b | $2.3b | $2.4b | $2.6b | $2.8b | |
| Cost of Revenue | $628.1m | $615.4m | $654.2m | $706.4m | $960.2m | $1.0b | $1.2b | $1.2b | $1.3b | $1.4b | |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | $628.1m | $615.4m | $654.2m | $706.4m | $960.2m | $1.0b | $1.2b | $1.2b | $1.3b | $1.4b | |
| Gross Profit (Calculated) (derived) | $927.2m | $1.1b | $1.1b | $1.1b | $823.4m | $1.0b | $1.1b | $1.2b | $1.3b | $1.4b | |
| Operating Income (Loss) | $101.6m | $112.4m | $190.2m | $175.6m | $176.3m | $268.0m | $202.0m | $276.3m | $351.1m | $431.6m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | — | — | — | — | — | — | $27.1m | $29.3m | $27.5m | $27.6m | |
| Capitalized Computer Software, Amortization | — | — | — | — | — | — | — | — | $7.0m | $7.5m | |
| Debt and Equity Securities, Realized Gain (Loss) | — | — | — | — | — | — | $0 | $0 | — | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | $2.5m | $15.2m | — | — | — | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | — | $4.1m | |
| Gain (Loss) on Investments | — | — | — | — | $10.1m | $27.2m | — | — | — | — | |
| Gains (Losses) on Sales of Investment Real Estate | — | — | — | — | — | — | $34.2m | $0 | $0 | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | — | $442.5m | |
| Income (Loss) from Continuing Operations, Per Basic Share | $0 | $0 | $1 | $1 | $1 | $1 | $1 | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $0 | $0 | $1 | $1 | $1 | $1 | $1 | — | — | — | |
| Income (Loss) from Equity Method Investments | ($36.3m) | $18.6m | $10.8m | $0 | $5.0m | $0 | $0 | $2.5m | — | $0 | |
| Investment Income, Interest | $9.0m | $9.9m | $14.5m | $21.6m | $24.1m | $6.6m | $7.3m | $22.1m | $37.5m | $43.5m | |
| Lease Income | — | — | — | — | — | — | — | $1.8m | $1.8m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $30.5m | $111.2m | $176.1m | $164.5m | $115.4m | $290.5m | $236.0m | $302.6m | $383.4m | $451.3m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $31.3m | $4.7m | $125.7m | $140.0m | $100.1m | $220.0m | $173.9m | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $26.1m | $7.3m | $127.5m | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($2.3m) | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($2.3m) | ($431k) | $0 | $0 | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Parent | $29.1m | $4.3m | $125.7m | $140.0m | $100.1m | $220.0m | $173.9m | $232.4m | $293.8m | $344.0m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($5.2m) | $2.5m | $1.8m | $0 | $734k | $0 | $0 | $365k | $0 | $0 | |
| Earnings Per Share, Basic | $0.18 | $0.03 | $0.76 | $0.84 | $0.60 | $1.31 | $1.04 | $1.41 | $1.79 | $2.11 | |
| Earnings Per Share, Diluted | $0.18 | $0.03 | $0.75 | $0.83 | $0.60 | $1.31 | $1.04 | $1.40 | $1.77 | $2.09 | |
| Common Stock, Dividends, Per Share, Declared | $0.16 | $0.16 | $0.16 | $0.20 | $0.24 | $0.28 | $0.36 | $0.44 | $0.52 | $0.72 | |
| Weighted Average Number of Shares Outstanding, Basic | 161.1m | 161.9m | 164.8m | 166.0m | 167.0m | 167.9m | 166.9m | 164.7m | 164.4m | 163.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | 162.8m | 164.3m | 166.9m | 167.5m | 168.0m | 168.5m | 167.1m | 165.7m | 165.8m | 164.9m | |
| Selling, General and Administrative Expense | $721.1m | $810.9m | $845.6m | $867.6m | — | — | — | — | — | — | |
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | $34.7m | $0 | $0 | — | |
| Costs and Expenses | $1.4b | $1.5b | $1.6b | $1.6b | $1.6b | $1.8b | $2.1b | $2.1b | $2.2b | $2.4b | |
| Current Income Tax Expense (Benefit) | $19.9m | $556k | $42.6m | $20.3m | $29.8m | $76.9m | $108.2m | $89.6m | $81.7m | $68.7m | |
| General and Administrative Expense | — | — | — | — | $223.6m | $250.1m | $289.3m | $311.0m | $307.9m | $328.1m | |
| Marketing and Advertising Expense | — | — | — | — | $135.9m | $199.7m | $151.1m | $138.3m | $152.5m | $164.5m | |
| Other Cost and Expense, Operating | $192.7m | $186.4m | $197.0m | $206.4m | — | — | — | — | — | — | |
| Research and Development Expense | — | — | — | — | $132.4m | $160.9m | $204.2m | $228.8m | $248.2m | $264.3m | |
| Selling and Marketing Expense | — | — | — | — | $229.0m | $294.9m | $267.6m | $260.2m | $278.4m | $307.1m | |
| Income Tax Expense (Benefit) | $4.4m | $104.0m | $48.6m | $24.5m | $14.6m | $70.5m | $62.1m | $69.8m | $89.6m | $107.3m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | $37.1m | — | — | — | — | — | — | — | — | |
| Interest Income (Expense), Net | ($34.8m) | ($19.8m) | ($16.6m) | ($3.8m) | $23.3m | $32.9m | $40.7m | $21.1m | $36.5m | — | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | — | — | — | — | $36.5m | $38.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.