New York Times reports Q1 adjusted EPS 61c, consensus 47c

Reports Q1 revenue $712.2M, consensus $700.25M. Digital-only subscription revenues grew 16.1 percent year-over-year, driven by growth in both digital-only subscribers and digital-only average revenue per user. The Company added approximately 310,000 net digital-only subscribers compared with the end of the fourth quarter of 2025, bringing the total number of subscribers to 13.08 million. Digital-only ARPU increased 2.4 percent year-over-year to $9.77. Meredith Kopit Levien, president and chief executive officer, The New York Times (NYT) Company, said, “Q1 was another great quarter, and our results reflect strong demand for the uncompromised journalism and premium lifestyle content that The Times is uniquely capable of delivering. We continued to execute against our strategic priorities, which are designed to build direct relationships and daily habits with millions more people. We remain confident that 2026 will be another year of revenue growth, AOP growth, margin expansion, and strong free cash flow.”