← USA TODAY Co., Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.3b | $1.3b | $1.5b | $1.9b | $3.4b | $3.2b | $2.9b | $2.7b | $2.5b | $2.3b | |
| Cost of Revenue | $779.0m | $859.1m | $962.6m | $1.1b | $2.0b | $1.9b | $1.9b | $1.7b | $1.5b | $1.4b | |
| Gross Profit (Calculated) (derived) | $476.4m | $482.9m | $563.4m | $788.3m | $1.4b | $1.3b | $1.1b | $971.5m | $963.7m | $891.4m | |
| Operating Costs and Expenses | $699.3m | $742.8m | $865.2m | — | — | — | — | — | — | — | |
| Operating Income (Loss) | $61.4m | $34.6m | $58.1m | ($147.0m) | ($447.9m) | $109.1m | ($33.6m) | $86.3m | ($42.8m) | — | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $20.6m | $24.0m | $34.0m | $44.7m | $108.5m | $103.1m | $95.6m | $90.0m | $88.1m | $79.4m | |
| Gain (Loss) on Investments | — | — | — | — | $8.0m | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $25.6m | — | $62.3m | $362.4m | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $29.3m | ($434k) | $20.0m | ($206.3m) | ($646.8m) | ($152.8m) | ($121.8m) | ($55.1m) | ($128.8m) | ($58.7m) | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | $0 | $0 | $610k | $548k | $2.2m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | $434k | $20.0m | ($207.2m) | ($705.8m) | ($87.9m) | ($76.9m) | ($6.2m) | ($77.7m) | ($1.3m) | |
| Net Income (Loss) Attributable to Parent | $31.6m | ($915k) | $18.2m | ($119.8m) | ($670.5m) | ($135.0m) | ($78.0m) | ($27.8m) | ($26.4m) | $1.7m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | $1.3m | $1.9m | ($1.2m) | ($253k) | ($103k) | ($33k) | $6k | |
| Earnings Per Share, Basic | $0.70 | ($0.02) | $0.31 | ($1.77) | ($5.09) | ($1.00) | ($0.57) | ($0.20) | ($0.18) | $0.01 | |
| Earnings Per Share, Diluted | $0.70 | ($0.02) | $0.31 | ($1.77) | ($5.09) | ($1.00) | ($0.57) | ($0.20) | ($0.18) | $0.01 | |
| Common Stock, Dividends, Per Share, Declared | $1.34 | $1.42 | $1.49 | $1.52 | $0.00 | $0.00 | ($0.57) | ($0.20) | ($0.18) | $0.01 | |
| Weighted Average Number of Shares Outstanding, Basic | 45.2m | 53.0m | 58.0m | 67.7m | 131.7m | 134.8m | 136.9m | 139.6m | 142.5m | 145.1m | |
| Weighted Average Number of Shares Outstanding, Diluted | 45.3m | 53.0m | 58.4m | 67.7m | 131.7m | 134.8m | 136.9m | 139.6m | 142.5m | 146.0m | |
| Selling, General and Administrative Expense | $415.0m | $448.3m | $505.3m | $606.9m | $999.8m | $902.1m | $852.5m | $735.3m | $726.0m | $639.7m | |
| Other Nonoperating Income (Expense) | ($2.4m) | $196k | $838k | $9.5m | $8.5m | $18.7m | $5.7m | $5.4m | $1.3m | $26.3m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $104.7m | $97.2m | |
| Business Combination, Acquisition Related Costs | — | — | — | $60.6m | $11.2m | — | — | — | — | — | |
| Costs and Expenses | — | — | — | $2.0b | $3.9b | $3.1b | $3.0b | $2.6b | $2.6b | — | |
| Current Income Tax Expense (Benefit) | $543k | $1.0m | $1.7m | $1.8m | ($3.3m) | $3.3m | ($1.2m) | $10.2m | ($6.5m) | $7.2m | |
| Interest Expense | $29.6m | $30.5m | $36.1m | $63.7m | $228.5m | $135.7m | $108.4m | $111.8m | $104.7m | $97.2m | |
| Nonoperating Income (Expense) | — | — | — | ($60.2m) | ($258.0m) | ($197.0m) | ($43.3m) | ($92.4m) | ($34.8m) | — | |
| Operating Lease, Expense | — | — | — | $44.2m | — | — | — | — | — | — | |
| Other Cost and Expense, Operating | — | — | — | — | — | $21.0m | $1.9m | $1.6m | $10.4m | — | |
| Other Expenses | — | — | — | — | — | — | — | — | $244.6m | — | |
| Income Tax Expense (Benefit) | ($2.3m) | $481k | $1.9m | ($86.0m) | ($33.5m) | $48.2m | $1.3m | $21.7m | ($51.3m) | ($3.0m) | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | — | — | — | — | — | — | — | ($12.4m) | — | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | — | — | $26.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.