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News CorporationStock · Consumer DiscretionaryS&P 500 0.0%
$26.77+$0.44 (+1.67%)as of market close, Jul 24, 2026
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How News makes money

Period

How does News make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

News Corporation · FY2025 · year ended 2025-06-30
Revenue$8.5BGross profit$8.5B · 100%Cost of revenue$0 · 0%Operating income$5.2B · 61%Operating expenses$3.3B · 39%SG&A$3.3B · 39%Pre-tax income$1.5B · 17%Other expense$3.7B · 44%Net income$1.2B · 14%Income tax$275M · 3%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.