News Corporation (NWSA) Earnings: Q1 Fiscal 2027 Results and Next Report Date

The quarter ended September 30, 2026 and News Corp published the results on November 4, 2026. Revenue and diluted EPS are shown against Q1 fiscal 2026, the same quarter a year earlier, which takes seasonal swings out of the comparison. News Corp reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• News Corp's fiscal year ends June 30, so the quarter ended September 30, 2026 is the first quarter of fiscal 2027. EPS is net income attributable to News Corporation stockholders per share; Class A (NWSA) and Class B (NWS) shares report the same figure.
• Net income of $215 million includes $56 million attributable to noncontrolling interests, mostly the outside shareholders of REA Group, in which News Corp holds 62.0%.

Source: News Corp Q1 fiscal 2027 results, November 4, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How News Corp splits revenue in its own release, under its own labels, for Q1 fiscal 2027 against Q1 fiscal 2026. Indented lines are parts of the line above them.

• News Corp's Dow Jones revenue was $630 million in Q1 fiscal 2027, up 8% from $586 million in Q1 fiscal 2026, 28% of total revenue.
• News Corp's Digital Real Estate Services revenue was $529 million in Q1 fiscal 2027, up 10% from $479 million in Q1 fiscal 2026, 23% of total revenue.
• News Corp's Book Publishing revenue was $582 million in Q1 fiscal 2027, up 9% from $534 million in Q1 fiscal 2026, 26% of total revenue.
• News Corp's News Media revenue was $540 million in Q1 fiscal 2027, down 1% from $545 million in Q1 fiscal 2026, 24% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Total revenues and diluted EPS attributable to News Corporation stockholders, each as first reported in that quarter's release.

News Corp's next report is expected around February 4, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q1 fiscal 2027 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q1 fiscal 2027 (this page), reported Nov 4, 2026

News Corp reports four operating segments plus Other. In Q1 fiscal 2027 Dow Jones brought in $630 million of the $2,281 million total, Book Publishing $582 million, News Media $540 million and Digital Real Estate Services $529 million. By type, circulation and subscription revenues were $823 million, consumer (book) revenues $556 million, real estate revenues $418 million, advertising $323 million and other $161 million. (News Corp Q1 fiscal 2027 release, Nov 4, 2026)

Revenues rose 6%, and $43 million of the increase, or 2%, came from foreign currency fluctuations; the U.S. dollar averaged $0.71 per Australian dollar against $0.65 a year earlier. News Corp's Adjusted Revenues, which strip out currency, acquisitions and divestitures, rose 4% to $2,216 million. (News Corp Q1 fiscal 2027 release, Nov 4, 2026)

Dow Jones revenues rose $44 million, or 8%, on higher circulation and subscription revenues and digital advertising. Its professional information business grew 5%, led by Dow Jones Risk & Compliance revenues of $104 million (up 11%) and Dow Jones Energy revenues of $79 million (up 8%). Digital revenues were 85% of Dow Jones revenues, and The Wall Street Journal averaged 5,008 thousand total subscriptions, up 9%. (News Corp Q1 fiscal 2027 release, Nov 4, 2026)

Digital Real Estate Services consists of News Corp's 62.0% interest in REA Group, listed on the ASX, and its 80% interest in Move, operator of Realtor.com. REA Group revenues rose $42 million, or 13%, to $369 million, including a $27 million currency benefit, on Australian residential price increases and add-on products, while Australian national residential buy listings fell 2%. Move's revenues rose 5% to $160 million even as lead volumes fell 11%. REA Group completed the sale of REA India's remaining business in September 2026. (News Corp Q1 fiscal 2027 release, Nov 4, 2026; News Corp Form 10-Q, Q1 fiscal 2027, Nov 5, 2026; News Corp Form 10-K, fiscal 2026, Aug 7, 2026)

Book Publishing is HarperCollins, which News Corp describes as the second largest consumer book publisher in the world. Its revenues rose $48 million, or 9%, on physical and digital sales in General Books and Children's Publishing; backlist titles were about 66% of consumer revenues. News Media (News Corp Australia, News UK and the New York Post) was the only segment to shrink, with revenues down $5 million, or 1%, on lower print advertising and other revenues. (News Corp Q1 fiscal 2027 release, Nov 4, 2026; News Corp Form 10-K, fiscal 2026, Aug 7, 2026)

News Corp's reported EPS of $0.29, against $0.20, is net income attributable to News Corporation stockholders of $159 million divided by 542.7 million diluted shares. Group net income was $215 million, but $56 million of it belonged to noncontrolling interests, chiefly REA Group's outside shareholders. (News Corp Q1 fiscal 2027 release, Nov 4, 2026)

Adjusted EPS of $0.28, against $0.22, came in below reported EPS this quarter. News Corp's adjusted figure excludes impairment and restructuring charges ($20 million, or $0.04 a share) and Other, net, which was a $38 million gain ($0.07 a share), mostly from REA Group's sale of REA India's remaining business. Income tax expense was $81 million on pre-tax income of $296 million, a rate the 10-Q says was above the U.S. statutory rate because of higher-taxed foreign operations and valuation allowances. (News Corp Q1 fiscal 2027 release, Nov 4, 2026; News Corp Form 10-Q, Q1 fiscal 2027, Nov 5, 2026)

Diluted weighted-average shares fell to 542.7 million from 566.9 million a year earlier. News Corp spent $166 million repurchasing its shares in the quarter, against $92 million a year earlier, and about $501 million remained under its 2025 Repurchase Program at September 30, 2026. (News Corp Q1 fiscal 2027 release, Nov 4, 2026; News Corp Form 10-Q, Q1 fiscal 2027, Nov 5, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

News Corp does not publish a revenue or earnings outlook in its results release. The Q1 fiscal 2027 release reports results, segment detail and reconciliations of its non-GAAP measures, and points readers to the earnings call held at 5:00 p.m. on November 4, 2026. (News Corp Q1 fiscal 2027 release, Nov 4, 2026)

The measure News Corp leads its segment review with is Total Segment EBITDA, which was $403 million in the quarter, up 19% from $340 million; on an adjusted basis it rose 13% to $392 million. Free cash flow was $(89) million, against $4 million a year earlier, because of the timing of working capital movements, higher tax payments and a $21 million rise in capital expenditures. (News Corp Q1 fiscal 2027 release, Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover News Corp, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones News Corp's own release and filings put weight on for Q1 fiscal 2027, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning NWSA is on is NWSA a buy or a sell?, what analysts expect next is on the NWSA forecast, and what the company does is on the News Corporation (NWSA) stock page.

Every number on this page can be traced to a document News Corp published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.