USA TODAY Co. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,302	2,509	2,664	2,945	3,208
Revenue Growth (YoY)	-8.25%	-5.79%	-9.57%	-8.19%	-5.80%
Cost of Revenue	1,411	1,546	1,692	1,860	1,902
Gross Profit	891.44	963.73	971.52	1,085	1,307
Selling, General & Admin	639.75	703.65	722.89	852.49	902.06
Depreciation & Amortization Expenses	165.76	156.29	162.62	182.02	203.96
Other Operating Expenses	-14.6	47.7	-38.73	84.04	91.42
Total Operating Expenses	790.91	907.63	846.78	1,119	1,197
Operating Income	100.53	56.1	124.74	-33.6	109.08
Interest Expense	-97.23	-104.7	-111.78	-108.37	-135.75
Other Non-Operating Income (Expense)	-25.63	75.14	8.48	60.49	-98.65
Total Non-Operating Income (Expense)	-122.85	-29.56	-103.3	-47.88	-234.4
Pretax Income	-1.28	-77.67	-6.17	-76.91	-87.92
Provision for Income Taxes	-3.03	-51.29	21.73	1.35	48.25
Net Income	1.75	-26.35	-27.79	-78	-134.96
Minority Interest in Earnings	-0.01	0.03	0.1	0.25	1.21
Net Income to Common	1.75	-26.35	-27.79	-78	-134.96
Shares Outstanding (Basic)	145	143	140	137	135
Shares Outstanding (Diluted)	146	143	140	137	135
Shares Change (YoY)	2.43%	2.07%	1.99%	1.57%	2.31%
EPS (Basic)	0.01	-0.18	-0.20	-0.57	-1.00
EPS (Diluted)	0.01	-0.18	-0.20	-0.57	-1.00
Free Cash Flow	62.9	50.78	56.46	-4.6	87.89
Free Cash Flow Growth	23.88%	-10.06%	-	-	322.66%
Free Cash Flow Per Share	0.43	0.36	0.40	-0.03	0.65
Gross Margin	38.72%	38.41%	36.47%	36.84%	40.73%
Operating Margin	4.37%	2.24%	4.68%	-1.14%	3.40%
Profit Margin	0.08%	-1.05%	-1.05%	-2.66%	-4.24%
FCF Margin	2.73%	2.02%	2.12%	-0.16%	2.74%
EBITDA	266.29	212.39	287.37	148.42	313.04
EBITDA Margin	11.57%	8.46%	10.79%	5.04%	9.76%
EBIT	100.53	56.1	124.74	-33.6	109.08
EBIT Margin	4.37%	2.24%	4.68%	-1.14%	3.40%
Effective Tax Rate	237.65%	66.03%	-352.46%	-1.75%	-54.88%

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.