By Nicholas G. Miller
The New York Times Company reported higher fourth-quarter profit as a decline in news-only subscription revenue was offset by an increase in bundle and other single-product subscription revenue.
The news-and-media company on Wednesday posted net income of $129.8 million, or 79 cents a share, up from $123.7 million, or 75 cents a share, the year prior.
Adjusted earnings were 89 cents a share. Analysts polled by FactSet expected 88 cents.
Revenue rose 10% to $802.3 million. Wall Street expected $791.3 million. Total subscription revenues rose 9.4% as an increase in bundle and non-news single-product subscription revenue helped to offset a decline in news-only subscription revenues, the company said.
Meanwhile, total advertising revenue increased 16% due to strong marketer demand and new advertising supply, the New York Times said.
The company said it gained 450,000 net digital-only subscribers compared with the end of the third quarter and that it now has 12.21 million digital-only subscribers and 12.78 million total subscribers.
For the first quarter, the New York Times guided for total subscription revenue to increase 9% to 11% from the previous year and for total advertising revenue to rise in the low double digits.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
February 04, 2026 07:24 ET (12:24 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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