News Corp Revenue Rises 6% on Dow Jones Growth

News Corp posted fiscal first-quarter revenue of $2.28 billion and adjusted earnings of 28 cents per share, beating analyst expectations.

Updated on Nov. 4, 2026 in Corporate Finance

News Corp Revenue Rises 6% on Dow Jones Growth

News Corp reported fiscal first-quarter revenue of $2.28 billion, up 6% from a year earlier, and net income of $215 million, up 43%. Adjusted earnings of 28 cents per share topped analysts' expectations of 26 cents per share.

Why it matters

The results show continued growth at News Corp's Dow Jones unit, which benefited from higher circulation and subscription revenue. The beat on adjusted earnings signals that the company's business mix is holding up against market expectations.

News Corp's adjusted earnings of 28 cents per share beat the 26 cents analysts expected and rose from 22 cents a year earlier. Dow Jones revenue reached $630 million, up 8% from $586 million, though the report does not address whether this growth will continue.

The players

News Corp

News Corp is a global diversified media and information services company headquartered in New York, with holdings including Dow Jones, HarperCollins, and digital real estate businesses.

Dow Jones

Dow Jones is a financial news and information publisher known for The Wall Street Journal, Barron's, and MarketWatch, and is a division of News Corp.

The details

Revenue growth was driven by Dow Jones, which includes The Wall Street Journal, Barron's, and MarketWatch, along with digital real estate and book publishing businesses. Dow Jones gains came from higher circulation and subscription revenue as well as growth in its professional information businesses.

News Corp reported its fiscal first-quarter 2027 results on November 4, 2026.

Market Dynamics

Dow Jones' growth in circulation and subscription revenue reflects the broader move of financial publishers toward paid digital subscriptions over advertising. This pattern helps explain why News Corp's publishing segment has become a key driver of its overall revenue.

Investors tracking News Corp can weigh the beat on adjusted earnings against the company's revenue growth when assessing the stock. The results may matter most to shareholders deciding whether publishing growth at Dow Jones offsets other segments.

The takeaway

Subscription revenue is increasingly the engine behind financial publishing growth, as the Dow Jones results show. Readers following media stocks can watch whether that trend holds in future quarters.