News Corp Q4 Profits Rise 28%, Revenue Surpasses Estimates

News Corporation reported a strong fourth quarter for its fiscal year 2025, with profits rising 28% to $86 million and revenue increasing 1% to $2.11 billion, slightly surpassing Wall Street expectations. The growth was driven primarily by higher circulation and subscription revenues in its Dow Jones division, which includes The Wall Street Journal, Barron's, MarketWatch, and Investor's Business Daily, alongside increased revenues from its Australian real estate services segment, REA Group. For the full fiscal year, profits surged 71% to $648 million, with a 2% rise in revenue to $8.45 billion. CEO Robert Thomson highlighted the company’s improved financial position, enabling a new $1 billion stock repurchase program, adding to the roughly $300 million remaining from a previous buyback initiative. Thomson also emphasized the importance of protecting intellectual property amid challenges posed by artificial intelligence. Meanwhile, the Wall Street Journal is defending itself in a $10 billion libel lawsuit filed by President Donald Trump related to its reporting on his connections to Jeffrey Epstein.