For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Impairment charge | - | - | - | 4,069 |
| Lease termination charge | - | - | 0 | 0 |
| Total revenues | 2,824,918 | 2,585,919 | 2,426,152 | 2,308,321 |
| Cost of revenue (excluding depreciation and amortization) | 1,389,713 | 1,309,514 | 1,249,061 | 1,208,933 |
| Sales and marketing | 307,084 | 278,425 | 260,227 | 267,553 |
| Product development | 264,347 | 248,198 | 228,804 | 204,185 |
| General and administrative | 328,064 | 307,930 | 311,039 | 289,259 |
| Depreciation and amortization | 85,007 | 82,936 | 86,115 | 82,654 |
| Acquisition-related costs | - | 0 | 0 | 34,712 |
| Generative ai litigation costs | 13,321 | 10,800 | - | - |
| Impairment charges | 2,858 | 0 | 15,239 | - |
| Multiemployer pension plan liability adjustments | -2,967 | 2,980 | 605 | - |
| Multiemployer pension plan liability adjustment | - | - | - | 14,989 |
| Total operating costs | 2,393,361 | 2,234,823 | 2,149,880 | 2,052,584 |
| Operating profit | 431,557 | 351,096 | 276,272 | 201,967 |
| Interest income and other, net | - | - | 21,102 | 40,691 |
| Other components of net periodic benefit (costs)/income | -18,557 | -4,158 | 2,737 | -6,659 |
| Gain from joint ventures | 0 | - | 2,477 | 0 |
| Interest income and other, net | 38,256 | 36,485 | - | - |
| Income before income taxes | 451,256 | 383,423 | 302,588 | 235,999 |
| Income tax expense | 107,275 | 89,598 | 69,836 | 62,094 |
| Net income | 343,981 | 293,825 | 232,752 | 173,905 |
| Net income attributable to the noncontrolling interest | 0 | 0 | 365 | 0 |
| Net income attributable to the new york times company common stockholders | 343,981 | 293,825 | 232,387 | 173,905 |
| Basic EPS | 2.11 | 1.79 | 1.41 | 1.04 |
| Diluted EPS | 2.09 | 1.77 | 1.4 | 1.04 |
| Basic Average Shares | 163,157,000 | 164,425,000 | 164,721,000 | 166,871,000 |
| Diluted Average Shares | 164,943,000 | 165,802,000 | 165,663,000 | 167,141,000 |
NEW YORK TIMES CO (NYT)
NEW YORK TIMES CO (NYT)