New York Times Co. (NYT) financial statements: income statement, balance sheet and cash flow
New York Times Co.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), New York Times Co. reported revenue of $2.8B (+9.2% year on year) and net income of $344.0M (+17.1% year on year).
Income statement
New York Times Co. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Total revenues
$2.8B
$2.6B
$2.4B
$2.3B
Cost of revenue (excluding depreciation and amortization)
$1.4B
$1.3B
$1.2B
$1.2B
Sales and marketing
$307.1M
$278.4M
$260.2M
$267.6M
Product development
$264.3M
$248.2M
$228.8M
$204.2M
General and administrative
$328.1M
$307.9M
$311.0M
$289.3M
Depreciation and amortization
$85.0M
$82.9M
$86.1M
$82.7M
Generative AI Litigation Costs
$13.3M
$10.8M
—
—
Impairment charges
$2.9M
$0
$15.2M
—
Multiemployer pension plan liability adjustments
$3.0M
($3.0M)
($605.0K)
—
Total operating costs
$2.4B
$2.2B
$2.1B
$2.1B
Operating profit
$431.6M
$351.1M
$276.3M
$202.0M
Other components of net periodic benefit (costs)/income
($18.6M)
($4.2M)
($2.7M)
$6.7M
Gain from joint ventures
$0
—
$2.5M
$0
Interest income and other, net
$38.3M
$36.5M
$21.1M
$40.7M
Income before income taxes
$451.3M
$383.4M
$302.6M
$236.0M
Income tax expense
$107.3M
$89.6M
$69.8M
$62.1M
Net income
$344.0M
$293.8M
$232.8M
$173.9M
Net income attributable to the noncontrolling interest
$0
$0
($365.0K)
$0
Net income attributable to The New York Times Company common stockholders
$344.0M
$293.8M
$232.4M
$173.9M
Basic (in shares)
163.2M
164.4M
164.7M
166.9M
Diluted (in shares)
164.9M
165.8M
165.7M
167.1M
Basic earnings per share attributable to The New York Times Company common stockholders (in USD per share)
$2.11
$1.79
$1.41
$1.04
Diluted earnings per share attributable to The New York Times Company common stockholders (in USD per share)
$2.09
$1.77
$1.40
$1.04
Dividends declared per share (in USD per share)
$0.72
$0.52
$0.44
$0.36
New York Times Co. income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Total revenues
$762.5M
$712.2M
$700.8M
$685.9M
Cost of revenue (excluding depreciation and amortization)
$367.8M
$362.9M
$349.1M
$338.8M
Sales and marketing
$85.5M
$77.3M
$79.6M
$69.2M
Product development
$70.3M
$70.2M
$67.0M
$63.9M
General and administrative
$85.8M
$86.5M
$76.6M
$82.6M
Depreciation and amortization
$21.1M
$20.6M
$21.3M
$21.4M
Generative AI Litigation Costs
$4.6M
$4.2M
$2.4M
$3.5M
Multiemployer pension plan liability adjustments
$9.2M
$0
$0
$0
Total operating costs
$644.4M
$621.6M
$596.0M
$579.3M
Operating profit
$118.0M
$90.6M
$104.8M
$106.6M
Other components of net periodic benefit costs
($3.6M)
($3.6M)
($4.6M)
($4.6M)
Interest income and other, net
$10.8M
$11.3M
$7.9M
$9.8M
Income before income taxes
$125.2M
$98.3M
$108.0M
$111.7M
Income tax expense
$31.8M
$10.4M
$26.4M
$28.7M
Net income
$93.4M
$87.9M
$81.6M
$82.9M
Basic (in shares)
162.0M
162.0M
163.0M
163.3M
Diluted (in shares)
163.0M
163.7M
164.4M
164.3M
Basic earnings per share attributable to common stockholders (in usd per share)
$0.58
$0.54
$0.50
$0.51
Diluted earnings per share attributable to common stockholders (in usd per share)
$0.57
$0.54
$0.50
$0.50
Dividends declared per share (in usd per share)
$0.23
$0.23
$0.18
$0.18
Balance sheet
New York Times Co. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$255.4M
$199.4M
$289.5M
$221.4M
Short-term marketable securities
$386.7M
$366.5M
$162.1M
$126.0M
Accounts receivable (net of allowances of $11,406 in 2025 and $12,118 in 2024)
$290.8M
$249.5M
$242.5M
$217.5M
Prepaid expenses
$60.0M
$49.9M
$59.7M
$54.9M
Other current assets
$35.1M
$71.0M
$27.9M
$35.9M
Total current assets
$1.0B
$936.3M
$781.7M
$655.7M
Long-term marketable securities
$525.7M
$345.9M
$257.6M
$138.9M
Property, plant and equipment, net
$462.4M
$488.8M
$514.2M
$553.7M
Goodwill
$409.2M
$412.2M
$416.1M
$414.0M
Intangible assets, net
$229.4M
$258.0M
$285.5M
$317.3M
Deferred income taxes
$72.8M
$111.4M
$114.5M
$96.4M
Right of use assets
$33.4M
$32.3M
$35.4M
$57.6M
Pension assets
$75.9M
$71.3M
$83.0M
$69.5M
Miscellaneous assets
$160.2M
$185.2M
$226.6M
$230.6M
Total assets
$3.0B
$2.8B
$2.7B
$2.5B
Accounts payable
$135.6M
$123.6M
$116.9M
$114.6M
Accrued payroll and other related liabilities
$186.1M
$177.9M
$174.3M
$164.6M
Unexpired subscriptions revenue
$207.6M
$187.1M
$172.8M
$155.9M
Accrued expenses and other
$137.3M
$125.0M
$147.5M
$136.1M
Total current liabilities
$666.7M
$613.5M
$611.6M
$571.2M
Pension and postretirement benefits obligation
$210.8M
$214.6M
—
—
Other
$78.2M
$86.1M
$101.0M
$110.8M
Total other liabilities
$289.0M
$300.7M
$339.8M
$362.6M
Common stock value
$18.0M
$17.9M
$17.8M
$17.7M
Additional paid-in capital
$411.5M
$356.4M
$301.3M
$255.5M
Retained earnings
$2.6B
$2.3B
$2.1B
$2.0B
Common stock held in treasury, at cost
($572.9M)
($406.4M)
($320.8M)
($276.3M)
Foreign currency translation adjustments
($4.9M)
($2.8M)
$910.0K
($510.0K)
Funded status of benefit plans
($363.3M)
($363.9M)
($353.3M)
($348.9M)
Unrealized gain on available-for-sale securities
$2.3M
$830.0K
($486.0K)
($8.4M)
Total accumulated other comprehensive loss, net of income taxes
($365.8M)
($365.8M)
($352.9M)
($357.8M)
Total stockholders’ equity
$2.0B
$1.9B
$1.8B
$1.6B
Total liabilities and stockholders’ equity
$3.0B
$2.8B
$2.7B
$2.5B
New York Times Co. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$232.7M
$186.7M
$249.3M
$198.2M
Short-term marketable securities
$428.2M
$407.8M
$368.0M
$342.0M
Accounts receivable (net of allowances of $11,866 as of June 30, 2026, and $11,406 as of December 31, 2025)
$236.0M
$234.9M
$204.1M
$211.1M
Prepaid expenses
$68.0M
$58.7M
$53.1M
$58.0M
Other current assets
$58.3M
$39.1M
$63.8M
$45.7M
Total current assets
$1.0B
$927.2M
$938.3M
$855.0M
Long-term marketable securities
$555.5M
$512.7M
$479.4M
$411.3M
Property, plant and equipment (less accumulated depreciation and amortization of $965,710 as of June 30, 2026, and $945,338 as of December 31, 2025)
$455.2M
$459.7M
$471.0M
$477.9M
Goodwill
$407.2M
$407.8M
$409.2M
$409.2M
Intangible assets, net
$215.4M
$222.4M
$236.4M
$243.3M
Deferred income taxes
$49.6M
$61.6M
$72.9M
$128.1M
Miscellaneous assets
$278.4M
$268.0M
$280.0M
$280.1M
Total assets
$3.0B
$2.9B
$2.9B
$2.8B
Accounts payable
$155.0M
$137.8M
$130.9M
$120.2M
Accrued payroll and other related liabilities
$148.7M
$100.8M
$162.3M
$133.3M
Unexpired subscriptions revenue
$211.2M
$215.8M
$197.9M
$190.0M
Accrued expenses and other
$132.8M
$123.5M
$124.4M
$134.5M
Total current liabilities
$647.7M
$577.9M
$615.5M
$578.0M
Pension and postretirement benefits obligation
$211.4M
$207.0M
$208.7M
$212.3M
Other
$77.9M
$73.0M
$82.7M
$79.0M
Total other liabilities
$289.3M
$280.0M
$291.4M
$291.3M
Common stock value
$18.1M
$18.1M
$18.0M
$18.0M
Additional paid-in capital
$402.6M
$378.3M
$385.9M
$369.2M
Retained earnings
$2.7B
$2.6B
$2.5B
$2.4B
Common stock held in treasury, at cost
($664.8M)
($629.2M)
($517.0M)
($489.4M)
Foreign currency translation adjustments
($7.0M)
($6.3M)
($4.8M)
($4.5M)
Funded status of benefit plans
($355.9M)
($359.6M)
($354.1M)
($357.4M)
Net unrealized (loss)/gain on available-for-sale securities
($2.1M)
($438.0K)
$2.1M
$1.7M
Total accumulated other comprehensive loss, net of income taxes
($365.0M)
($366.3M)
($356.8M)
($360.2M)
Total stockholders’ equity
$2.0B
$2.0B
$2.0B
$1.9B
Total liabilities and stockholders’ equity
$3.0B
$2.9B
$2.9B
$2.8B
Cash flow statement
New York Times Co. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$344.0M
$293.8M
$232.8M
$173.9M
Depreciation and amortization
$85.0M
$82.9M
$86.1M
$82.7M
Amortization of right of use asset
$10.1M
$9.1M
$9.2M
$9.9M
Stock-based compensation expense
$74.2M
$67.5M
$54.8M
$35.3M
Multiemployer pension plan liability adjustments
$3.0M
($3.0M)
—
—
Impairment charges
$2.9M
$0
$15.2M
—
Gain from joint ventures
$0
$0
($2.5M)
$0
Change in long-term retirement benefit obligations
($10.6M)
($25.1M)
($29.5M)
($29.0M)
Fair market value adjustment on life insurance products
($400.0K)
($1.9M)
($1.6M)
$1.1M
Other – net
$1.4M
($7.4M)
$3.9M
($3.0M)
Accounts receivable – net
($41.3M)
($7.0M)
($25.0M)
$20.9M
Other current assets
$36.3M
$2.4M
($2.2M)
($23.2M)
Accounts payable, accrued payroll and other liabilities
$55.6M
($21.0M)
($7.3M)
($111.2M)
Unexpired subscriptions
$20.5M
$14.3M
$16.8M
$8.6M
Other noncurrent assets and liabilities
$3.7M
$5.9M
$10.4M
—
Net cash provided by operating activities
$584.5M
$410.5M
$360.6M
$150.7M
Purchases of marketable securities
($652.7M)
($480.0M)
($286.4M)
($6.6M)
Maturities/disposals of marketable securities
$452.3M
$190.6M
$142.2M
$485.0M
Proceeds from/(purchases of) investments
$246.0K
($42.0K)
$2.5M
($1.8M)
Capital expenditures
($34.0M)
($29.2M)
($22.7M)
($37.0M)
Other – net
$12.8M
$12.5M
$4.8M
$2.5M
Net cash used in investing activities
($221.3M)
($306.1M)
($159.7M)
($73.6M)
Dividends paid
($110.4M)
($82.9M)
($69.5M)
($56.8M)
Payment of contingent consideration
($431.0K)
($3.0M)
($3.4M)
($2.6M)
Purchase of noncontrolling interest
$0
$0
($356.0K)
—
Repurchases
($165.3M)
($85.0M)
($44.6M)
($105.1M)
Share-based compensation tax withholding
($30.0M)
($21.8M)
($14.9M)
($9.9M)
Net cash used in financing activities
($306.1M)
($192.7M)
($132.7M)
($174.3M)
Net increase/(decrease) in cash, cash equivalents and restricted cash
$57.0M
($88.3M)
$68.2M
($97.2M)
Effect of exchange rate changes on cash, cash equivalents and restricted cash
($430.0K)
($1.0M)
($219.0K)
($2.0M)
Cash, cash equivalents and restricted cash at the beginning of the year
$213.9M
$303.2M
$235.2M
$334.3M
Cash, cash equivalents and restricted cash at the end of the year
$270.5M
$213.9M
$303.2M
$235.2M
Interest, net of capitalized interest
$111.0K
$716.0K
$708.0K
$1.6M
Income tax payments – net
$71.9M
$113.1M
$71.8M
$110.2M
New York Times Co. cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income
$181.3M
$87.9M
$214.1M
$132.5M
Depreciation and amortization
$41.7M
$20.6M
$64.1M
$42.8M
Amortization of right-of-use asset
$5.4M
$2.8M
$7.2M
$4.7M
Stock-based compensation expense
$39.3M
$19.3M
$53.7M
$35.2M
Multiemployer pension plan liability adjustments
$9.2M
$0
$4.5M
$4.5M
Change in long-term retirement benefit obligations
($7.2M)
($3.4M)
($8.2M)
($5.1M)
Other – net
($1.4M)
($719.0K)
$3.5M
$1.1M
Accounts receivable – net
$54.8M
$56.0M
$45.4M
$38.5M
Other assets
$1.2M
($735.0K)
$36.7M
$29.3M
Accounts payable, accrued payroll and other liabilities
($41.8M)
($98.6M)
($14.0M)
($75.3M)
Unexpired subscriptions
$3.6M
$8.2M
$10.9M
$2.9M
Other noncurrent assets and liabilities
$386.0K
$1.1M
$3.7M
$1.9M
Net cash provided by operating activities
$286.5M
$92.2M
$420.3M
$212.7M
Purchases of marketable securities
($301.1M)
($129.2M)
($473.4M)
($300.4M)
Maturities of marketable securities
$224.8M
$116.7M
$338.7M
$260.3M
Capital expenditures
($20.8M)
($10.7M)
($27.5M)
($19.6M)
Other – net
$453.0K
$559.0K
$13.0M
$7.5M
Net cash used in investing activities
($96.7M)
($22.7M)
($149.1M)
($52.1M)
Dividends paid
($67.6M)
($30.4M)
($81.1M)
($51.7M)
Repurchases
($91.8M)
($56.3M)
($109.9M)
($82.6M)
Share-based compensation tax withholding
($53.5M)
($52.4M)
($29.3M)
($27.5M)
Net cash used in financing activities
($212.8M)
($139.2M)
($220.7M)
($161.8M)
Net decrease in cash, cash equivalents and restricted cash
($23.1M)
($69.6M)
$50.5M
($1.1M)
Effect of exchange rate changes on cash
($858.0K)
($389.0K)
($140.0K)
$207.0K
Cash, cash equivalents and restricted cash at the beginning of the period
$270.5M
$270.5M
$213.9M
$213.9M
Cash, cash equivalents and restricted cash at the end of the period