New York Times reports Q4 adjusted EPS 89c, consensus 88c

Reports Q4 revenue $802.31M, consensus $791.55M. The company added approximately 450,000 net digital-only subscribers compared with the end of the third quarter of 2025, bringing the total number of subscribers to 12.78M. Total digital-only average revenue per user increased 0.7% year-over-year to $9.72 largely driven by subscribers transitioning from promotional to higher prices and price increases on certain tenured subscribers. Meredith Kopit Levien, president and chief executive officer, The New York Times (NYT), said, “The fourth quarter capped another strong year for The Times, and our results demonstrated that our strategy continues to work as designed. Our world-class news coverage and premium lifestyle products proved more valuable to more people in 2025. We have confidence that in 2026, we can deliver another year of healthy growth in subscribers, revenue, and profitability, as well as strong free cash flow.”