The New York Times Company
NYT Communication Services Publishing
The New York Times Company’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 9.24% from fiscal 2024.
- Revenue
- +9.66%
- EPS
- +20.7%
- Free cash flow
- −14.8%
Quarter to September 2026, against a year earlier
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The New York Times Company (NYT) Gross margin
The New York Times Company's gross margin over the twelve months to 30 September 2026 was 51.7%, up 0.9 percentage points from fiscal 2025 (50.8%). Over the past ten years it has ranged from 45.5% (fiscal 2019) to 84.9% (fiscal 2017); the current reading is higher than 73% of that period. That is below the Publishing industry median of 58.3% and in line with the Communication Services sector median of 51.3%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 50.8% | 1.45 |
| FY2024 | 49.4% | 0.84 |
| FY2023 | 48.5% | 0.89 |
| FY2022 | 47.6% | (2.27) |
| FY2021 | 49.9% | 3.68 |
| FY2020 | 46.2% | 0.75 |
| FY2019 | 45.5% | (0.32) |
| FY2018 | 45.8% | (39.13) |
| FY2017 | 84.9% | 1.96 |
| FY2016 | 83.0% | (0.37) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 51.4% | (0.35) |
| Jun 2026 | 51.8% | 2.72 |
| Mar 2026 | 49.0% | (5.19) |
| Dec 2025 | 54.2% | 4.04 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| WLYB John Wiley & Sons, Inc. compare | 74.6% |
| WLY John Wiley & Sons, Inc. compare | 74.6% |
| LEE Lee Enterprises, Incorporated compare | 60.6% |
| EDUC Educational Development Corporation compare | 60.1% |
| SCHL Scholastic Corporation compare | 56.5% |
| NYT The New York Times Company | 51.7% |
| PSO Pearson, PLC compare | 48.2% |
| TDAY USA TODAY Co., Inc. compare | 39.0% |
| TNMG TNL Mediagene compare | — |
| Publishing industry median | 58.3% |
| Communication Services sector median | 51.3% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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