The New York Times Co. reported a Q2 profit of $82.94 million, up from $65.54 million last year, with earnings per share of $0.50, compared to $0.40 last year. Revenue increased 9.7% to $685.87 million from $625.09 million last year. The company's adjusted earnings per share were $0.58.
The New York Times Co. (NYT) has reported a robust second quarter (Q2) 2025, with earnings and revenue growth. The company's earnings totaled $82.94 million, an increase of $27.4 million compared to the same period last year, when earnings were $65.54 million. This represents a year-over-year (YoY) increase of 41.8% [1].
Earnings per share (EPS) also improved, rising to $0.50 from $0.40 in the same period last year, an increase of 25%. The company's adjusted EPS, which excludes certain items, was $0.58, surpassing the consensus estimate of $0.51 [2].
Revenue for the period rose 9.7% to $685.87 million, compared to $625.09 million in the same period last year. This increase was driven by strong performance in digital subscriptions and advertising [3].
The company's financial performance was further bolstered by a significant deal with Amazon. The New York Times Co. and Amazon have entered into a multi-year licensing agreement for Times editorial content, with Amazon committing to pay at least $20 million annually. This deal is expected to create meaningful shareholder value [4].
The New York Times Co. also declared a regular quarterly dividend of $0.18 per share, payable on July 24, 2025, to shareholders of record on July 9, 2025 [5].
References:
[1] https://www.nasdaq.com/articles/new-york-times-co-bottom-line-rises-q2
[2] https://www.marketscreener.com/news/new-york-times-q2-adjusted-earnings-revenue-rise-ce7c5ed9df8ef121
[3] https://seekingalpha.com/news/4479689-earnings-snapshot-new-york-times-tops-q2-estimates-total-digital-only-arpu-up-32
[4] https://www.marketscreener.com/news/earnings-flash-nyt-new-york-times-posts-q2-adjusted-eps-0-58-vs-factset-est-of-0-51-ce7c5ed9df8af325
[5] https://www.marketscreener.com/news/new-york-times-q2-adjusted-earnings-revenue-rise-ce7c5ed9df8ef121
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