News Corp

Company facts

Industry

Newspapers: Publishing or Publishing & Printing

Headquarters

New York, New York

Most recent report

8-K, filed Sep 8, 2026

Incorporated

Delaware

Filings on record

1,003+ filings

On EDGAR

CIK 1564708

Fiscal year ends

June

Filer status

Large accelerated filer

What to read: FY2026 10-K

SECSift found 5 of 27 sections worth reading, with 2 positive, 11 notable, and 2 negative flags.

• Business (Item 1)

  FY2026 segment results, print declines, regulatory updates.
  Positive

  • The California Post launched in January 2026, expanding the News Media segment.
  Notable

  • REA Group announced an agreement to sell REA India in July 2026 (after fiscal year end).
  • New CCPA regulations took effect January 2026, expanding compliance obligations for data privacy.
  • Employee count dropped from ~22,300 to ~21,700, a reduction of about 600.
  Negative

  • Factiva activated users dropped from ~1.1M to ~852,000 as of June 30, 2026.

• Risk Factors (Item 1A)

  Company-specific risks: ownership control, debt, real estate lawsuits, Australian reform, newsprint price, AI reliance.
  Notable

  • Closure of several newsprint suppliers during fiscal 2026 increased newsprint market price, raising printing costs.
  Negative

  • Move's NAR agreement termination would require transferring Realtor.com software and advertiser agreements to NAR.

• Market for the Stock (Item 5)

  Massive buyback ramp: $643M in FY2026 vs $150M prior; new $1B program; $667M left.
  Positive

  • New $1B buyback program was authorized on July 15, 2025, and remains active with $667M unused capacity.

• Management's Discussion (Item 7)

  Full annual results with segment detail, liquidity, new credit and buyback programs.
  Notable

  • New $1.5B credit facility (March 2026) extends to 2031, revolver increased to $1B.
  • HarperCollins entered a $120M equipment finance lease for a new warehouse in October 2025.
  • $9M impairment of an indefinite-lived intangible asset; no goodwill impairment in FY2026.

• Financial Statements (Item 8)

  Core financials: revenue up 6.8% to $9.0B, net income +15%, huge buyback, new debt agreement.
  Notable

  • Goodwill of $4,542M at June 30, 2026; annual impairment test used discount rates 8.5%-16%.
  • Remaining room on 2025 Repurchase Program is ~$667 million as of June 30, 2026.
  • New stockholders agreement caps Murdoch family voting at 44% of Class B shares.
  • OPIS class action settlement received preliminary court approval; also DOJ subpoena and state CID pending.

What changed: FY2026 vs. FY2025

About 6% of NWSA's FY2026 10-K is new information. 46 paragraphs were added, 432 changed, and 149 removed. Below are the most important lines SECSift identified.

• Financial Statements (Item 8) 148
• Management's Discussion (Item 7) 100
• Business (Item 1) 60
• Risk Factors (Item 1A) 43
• Form 10-K Summary (Item 16) 8
• Market Risk (Item 7A) 7
• Market for the Stock (Item 5) 6
• Cybersecurity (Item 1C) 5
• Properties (Item 2) 3