News Corp Reports Q2 Revenue of $2.36B
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 05 2026
0mins
Should l Buy NWS?
Reports Q2 revenue $2.36B, consensus $2.3B. Commenting on the results, Chief Executive Robert Thomson said: "We are delighted to report excellent second quarter results with both revenue and profitability growth accelerating from the prior quarter, and we see favorable signs for the second half of our fiscal year. Revenues increased 6 percent to $2.4 billion for the quarter and profitability improved by a robust 9%. The second quarter results were driven by sustained growth at Dow Jones and Digital Real Estate Services, which both achieved double-digit profit growth and have started the calendar year strongly. Given the current trajectory of our core drivers, we believe prospects for the third quarter are auspicious. Dow Jones, an information services powerhouse with unique IP, delivered 8% revenue growth, accelerating from the first quarter, including 20% growth at Risk and Compliance. There were record digital advertising revenues, and record Segment EBITDA margins at nearly 30%. To highlight the vast potential of Dow Jones, we will be hosting an investor briefing next month in New York. It is clear that expectations of AI's impact are continuing to evolve and that the more perceptive players have come to realize that provenance is paramount. What is the point of acquiring cutting-edge semiconductors if they are being deployed to repurpose gormless, factless, feckless content sets? We do believe an increasing number of insightful companies understand this content contradiction and will indeed pay a premium for our premium content. This quarter we expanded our partnership with Bloomberg to include AI rights for our unique Dow Jones content and are progressing with other negotiations. We also continued to actively execute on our expanded buyback program, which has been running at over four times the prior rate, reflecting our confidence in News Corp's strong cash position and belief in the intrinsic value of the Company."
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Analyst Views on NWS
About NWS
News Corporation is a diversified media and information services company. Its Digital Real Estate Services segment consists of the Company’s interest in REA Group and Move. REA Group is a digital media business specializing in property and property-related services on its Websites and mobile apps. Move is a provider of digital real estate services in the United States and primarily operates a real estate information, advertising and services platform, as well as its referral-based services, online tools and services to do-it-yourself landlords and tenants. Its Dow Jones segment consists of Dow Jones, a global provider of news and business information, which distributes its content and data through a variety of media channels. Its Book Publishing segment consists of HarperCollins, a consumer book publisher with operations in 15 countries. Its News Media segment consists of News Corp Australia, News UK and the New York Post and includes The Australian, The Daily Telegraph, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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See More
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- Market Dynamics Shift: Since January 2022, mortgage rates peaked at 7.79% and currently hover around 6.10%, while active inventory surged by 142.1%, yet the national median list price rose by 8.1%, indicating price resilience that burdens buyers.
- Lock-In Effect Impact: Over 50% of borrowers hold mortgage rates below 4%, creating a lock-in effect that restricts their mobility, resulting in insufficient market supply, and despite new listings, price pressures persist, affecting buyer choices.
- Significant Regional Differences: Active listings in the West and South increased by 211% and 178%, respectively, while the Northeast and Midwest saw only 23% and 68% growth, highlighting an uneven recovery with some areas still facing inventory shortages.
- Uncertain Market Outlook: While falling rates could ease the lock-in effect and attract more sellers, they may also reignite buyer demand, creating a supply-demand conflict, with future price trends dependent on sustainable growth in new listings and improved market liquidity.
See More
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- Lock-In Effect: Over 50% of borrowers hold mortgage rates below 4%, limiting their ability to sell, with many households facing the dilemma of replacing low-rate loans with nearly double the cost, exacerbating market liquidity issues.
- Significant Regional Disparities: Active listings in the West and South increased by 211% and 178%, respectively, while the Northeast and Midwest saw only 22.4% and 67.1% growth, highlighting uneven recovery, with cities like New York experiencing fewer listings than four years ago.
- Slow Market Adjustment: Despite a decrease in new listings, the increase in inventory is primarily due to longer market times for existing listings, as sellers prefer to wait for price recovery rather than aggressively cut prices, thus stifling market liquidity.
See More
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- Innovation Showcase: On the second day of the event, Realtor.com® collaborates with the National Association of REALTORS® to host the PropTech Startup Showdown, where six startups pitch their innovative solutions in the real estate sector, driving technological advancements in the industry.
- Rise of Female Homebuyers: The event will highlight the economic power of female homebuyers, as single women now outpace single men in home purchases nationwide, reflecting their crucial role in financial independence and long-term wealth creation, emphasizing housing's impact on generational wealth.
- Housing and the American Dream: Discussions will focus on how homeownership serves as a key driver of generational wealth, analyzing the costs of delaying home purchases and its implications for future prosperity, aiming to preserve housing as a pathway to success.
See More
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- Star Lineup: The event features live performances by cookbook author and country music entertainer Hannah Dasher, along with an evening party by music duo Dorio, enhancing the event's appeal and participation.
- Startup Competition: On March 13, the PropTech Startup Showdown will showcase innovations in real estate technology, fostering collaboration and dialogue within the industry to drive future market developments.
- Economic Power of Female Homebuyers: The March 14 programming will delve into the rising influence of female homebuyers and their impact on the housing market, emphasizing the significance of homeownership in generational wealth, with industry leaders participating in discussions.
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