Capital investment and capacitymixed · 5 filings
“Free cash flow decreased primarily driven by higher capital expenditures, partially offset by higher cash provided by operating activities from continuing operations.”10-Q · May 8, 2026 ↗
News Corporation
NWSA
Market read
News Corporation's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 30 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.
Company-0.7% todayVolume comparison unavailable
Market group0 of 30 activeMixed Multi-Sector · unavailable
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- NWSA's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if NWSA's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 30 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- NWSA's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations600
Usable filing statements167
Verified relationships7
Evidence supporting the case
- Latest annual revenue changed +6.8% year over year.
- Demand and volume has repeated favorable evidence across 5 filings.
- Pricing and mix has repeated favorable evidence across 5 filings.
Evidence challenging the case
- Net margin changed -7.6 percentage points in the latest annual period.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Sep 9, 2026
29.616m+23.2%12m-1.1%24m+9.1%
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2022-06-30$10.4B+11.0%$1.05-0.2%
2023-06-30$8.0B-22.9%$0.26-2.3%
2024-06-30$8.3B+3.0%$0.46-0.9%
2025-06-30$8.5B+2.4%$2.07-0.6%
2026-06-30$9.0B+6.8%$1.03-2.0%
What management says matters
Persistent and emerging business drivers
Credit and interest ratespositive · 5 filings
“The net cash used in financing activities from continuing operations was partially offset by new borrowings of $61 million at REA Group.”10-K · Aug 7, 2026 ↗
Demand and volumepositive · 5 filings
“Circulation and subscription revenues increased $57 million, or 5%, as compared to fiscal 2025, primarily due to the $43 million, or 4%, positive impact of foreign currency fluctuations, price increases, higher content licensing revenues and digital subscribe…”10-K · Aug 7, 2026 ↗
Foreign exchangemixed · 5 filings
“This net decrease of $27 million was primarily due to the amortization of deferred losses and the positive impact of foreign currency fluctuations.”10-K · Aug 7, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
29.61-0.7% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 9 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for NWSA. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for NWSA. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind NWSA
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depended on by
NMAXNewsmax, Inc.distributorMar 26, 2026 ▾
“In 2025, the network added three additional major cable distributors , bringing the Newsmax channel’s distribution to over 58 million paid homes across the U.S.As other major cable competitors like CNN and Fox News see shrinking paid distribution footprints,…”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
NWSA is currently a Early Follower in the organic co-movement group Mixed Multi-Sector. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for NWSA; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.