NYT reported FY 2025 results with total revenues of USD 2.82 billion (+9.2%), driven by subscription revenues of USD 1.95 billion (+9.1%), advertising revenues of USD 566.0 million (+11.8%) and affiliate, licensing and other revenues of USD 308.1 million (+5.7%). Digital-only subscription revenues were USD 1.43 billion (+14.3%), while print subscription revenues were USD 516.4 million (-3.2%). Operating profit was USD 431.6 million (+22.9%) with a 15.3% operating profit margin; adjusted operating profit was USD 550.1 million (+20.8%) with a 19.5% adjusted operating profit margin. Net income was USD 344.0 million (+17.1%) and diluted EPS was USD 2.09 (+18.1%); adjusted diluted EPS was USD 2.46 (+22.4%). Net cash from operating activities was USD 584.5 million and free cash flow was USD 550.5 million. NYT ended FY 2025 with approximately 12.78 million total subscribers, including approximately 12.21 million digital-only subscribers, with total digital-only ARPU of USD 9.68 (+2.7%). Digital advertising revenues rose to USD 410.6 million (+20.0%) while print advertising revenues were USD 155.4 million (-5.4%). The company reported USD 13.3 million of generative AI litigation-related costs for FY 2025 and said it updated internal reporting in Q3 2025, resulting in one reportable segment and one reporting unit; it also plans to discontinue reporting digital-only subscribers and ARPU by category after Q4 2025. NYT said it ended 2025 with approximately USD 1.2 billion in cash, cash equivalents and marketable securities and was debt-free, and noted share repurchases of approximately USD 165.3 million and dividend payments of USD 110.4 million during FY 2025.

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