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New York Times vs USA TODAY: revenue, profit, margins and growth compared

New York Times brought in $2.8B of revenue in fiscal 2025, USA TODAY $2.3B in fiscal 2025. Revenue changed by +9.2% at New York Times and -8.3% at USA TODAY on the year before, so New York Times grew faster. New York Times kept 12.2% of its revenue as net profit, USA TODAY 0.1%. Free cash flow was $550.5M at New York Times and $62.9M at USA TODAY.

Side by side, latest fiscal year

NYTTDAY
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.8B$2.3B
Revenue growth+9.2%-8.3%
Net income$344M$1.7M
Net margin12.2%0.1%
Free cash flow$550.5M$62.9M
Free cash flow margin19.5%2.7%
Earnings per share (diluted)$2.09$0.01
Cash$255.4M$90.2M
Debtn/a$954.2M
Price to earnings30.5642.0
Market value$10.2B$942.6M
Dividend yield1.13%n/a
Rank by revenue in sector#299 of 778 · Consumer discretionary#335 of 778 · Consumer discretionary

Over the years

Revenue
NYT FY2018: $1.7BNYT FY2019: $1.8BNYT FY2020: $1.8BNYT FY2021: $2.1BNYT FY2022: $2.3BNYT FY2023: $2.4BNYT FY2024: $2.6BNYT FY2025: $2.8BTDAY FY2018: $1.5BTDAY FY2019: $1.9BTDAY FY2020: $3.4BTDAY FY2021: $3.2BTDAY FY2022: $2.9BTDAY FY2023: $2.7BTDAY FY2024: $2.5BTDAY FY2025: $2.3BFY18FY19FY20FY21FY22FY23FY24FY25
NYT $2.8BTDAY $2.3B
Net income
NYT FY2018: $125.7MNYT FY2019: $140MNYT FY2020: $100.1MNYT FY2021: $220MNYT FY2022: $173.9MNYT FY2023: $232.4MNYT FY2024: $293.8MNYT FY2025: $344MTDAY FY2018: $18.2MTDAY FY2019: -$119.8MTDAY FY2020: -$670.5MTDAY FY2021: -$135MTDAY FY2022: -$78MTDAY FY2023: -$27.8MTDAY FY2024: -$26.4MTDAY FY2025: $1.7MFY18FY19FY20FY21FY22FY23FY24FY25
NYT $344MTDAY $1.7M
Net margin
NYT FY2018: 7.2%NYT FY2019: 7.7%NYT FY2020: 5.6%NYT FY2021: 10.6%NYT FY2022: 7.5%NYT FY2023: 9.6%NYT FY2024: 11.4%NYT FY2025: 12.2%TDAY FY2018: 1.2%TDAY FY2019: -6.4%TDAY FY2020: -19.7%TDAY FY2021: -4.2%TDAY FY2022: -2.6%TDAY FY2023: -1.0%TDAY FY2024: -1.1%TDAY FY2025: 0.1%FY18FY19FY20FY21FY22FY23FY24FY25
NYT 12.2%TDAY 0.1%
Revenue growth
NYT FY2019: +3.6%NYT FY2020: -1.6%NYT FY2021: +16.3%NYT FY2022: +11.3%NYT FY2023: +5.1%NYT FY2024: +6.6%NYT FY2025: +9.2%TDAY FY2019: +22.4%TDAY FY2020: +82.3%TDAY FY2021: -5.8%TDAY FY2022: -8.2%TDAY FY2023: -9.6%TDAY FY2024: -5.8%TDAY FY2025: -8.3%FY19FY20FY21FY22FY23FY24FY25
NYT +9.2%TDAY -8.3%
Free cash flow
NYT FY2018: $79.6MNYT FY2019: $144.5MNYT FY2020: $263.5MNYT FY2021: $234.5MNYT FY2022: $113.7MNYT FY2023: $337.9MNYT FY2024: $381.3MNYT FY2025: $550.5MTDAY FY2018: $97.9MTDAY FY2019: $11.6MTDAY FY2020: $20.8MTDAY FY2021: $87.9MTDAY FY2022: -$4.6MTDAY FY2023: $56.5MTDAY FY2024: $50.8MTDAY FY2025: $62.9MFY18FY19FY20FY21FY22FY23FY24FY25
NYT $550.5MTDAY $62.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about New York Times and USA TODAY

Which is bigger by revenue, New York Times or USA TODAY?

New York Times is bigger by revenue: $2.8B in fiscal 2025, against $2.3B for USA TODAY in fiscal 2025.

Which keeps more of its revenue as profit, New York Times or USA TODAY?

New York Times had a net margin of 12.2% in fiscal 2025; USA TODAY had 0.1% in fiscal 2025.

Which grew revenue faster, New York Times or USA TODAY?

In their latest fiscal years revenue changed by +9.2% at New York Times and -8.3% at USA TODAY.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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