New York Times advertising spend, FY2025
New York Times (NYT) reported $165M of advertising expense for the fiscal year ended Dec 31, 2025. That is 5.8% of revenue of $2.8B. Up 7.9% from FY2024.
Key facts
- Ad spend is 2.0x its FY2015 level ($83.4M), faster than revenue (1.8x).
- The highest year on file is FY2021 at $200M; FY2025 is 18% below it.
- Largest increase +46.9% in FY2021; largest cut -24.3% in FY2022.
- Ad spend has risen 2 years in a row.
- Ad spend is 5.8% of revenue, down from 7.6% in FY2020.
- New York Times spends more on advertising than 26% of the 336 US-listed companies tracked. Its ad-to-revenue ratio is 1.1x the median of 5.2%.
Ad spend by fiscal year
Ad spend as % of revenue
History
Download CSV| Fiscal year | Period end | Ad spend | YoY | Revenue | Ad / revenue | Tag | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | $165M | +7.9% | $2.8B | 5.8% | MarketingAndAdvertisingExpense | 10-K Feb 27, 2026 |
| FY2024 | Dec 31, 2024 | $153M | +10.3% | $2.6B | 5.9% | MarketingAndAdvertisingExpense | 10-K Feb 27, 2026 |
| FY2023 | Dec 31, 2023 | $138M | -8.5% | $2.4B | 5.7% | MarketingAndAdvertisingExpense | 10-K Feb 27, 2026 |
| FY2022 | Dec 31, 2022 | $151M | -24.3% | $2.3B | 6.5% | MarketingAndAdvertisingExpense | 10-K Feb 27, 2025 |
| FY2021 | Dec 26, 2021 | $200M | +46.9% | $2.1B | 9.6% | MarketingAndAdvertisingExpense | 10-K Feb 20, 2024 |
| FY2020 | Dec 27, 2020 | $136M | -19.1% | $1.8B | 7.6% | MarketingAndAdvertisingExpense | 10-K Feb 28, 2023 |
| FY2019 | Dec 29, 2019 | $168M | +7.4% | $1.8B | 9.3% | AdvertisingExpense | 10-K Feb 27, 2020 |
| FY2018 | Dec 30, 2018 | $156M | +31.8% | $1.7B | 8.9% | AdvertisingExpense | 10-K Feb 27, 2020 |
| FY2017 | Dec 31, 2017 | $119M | +32.1% | $1.7B | 7.1% | AdvertisingExpense | 10-K Feb 27, 2020 |
| FY2016 | Dec 25, 2016 | $89.8M | +7.7% | $1.6B | 5.8% | AdvertisingExpense | 10-K Feb 26, 2019 |
| FY2015 | Dec 27, 2015 | $83.4M | -6.8% | $1.6B | 5.3% | AdvertisingExpense | 10-K Feb 27, 2018 |
| FY2014 | Dec 28, 2014 | $89.5M | +4.1% | $1.6B | 5.6% | AdvertisingExpense | 10-K Feb 22, 2017 |
| FY2013 | Dec 29, 2013 | $86M | +3.4% | $1.6B | 5.5% | AdvertisingExpense | 10-K Feb 24, 2016 |
| FY2012 | Dec 30, 2012 | $83.2M | n/a | $1.6B | 5.2% | AdvertisingExpense | 10-K Feb 24, 2015 |
What the figure is
Marketing and advertising combined, as reported under the XBRL tag MarketingAndAdvertisingExpense.
Earlier years use a different tag. The Tag column above shows which one applies to each year.
Compared with similar spenders
The 6 companies closest to New York Times in latest-year ad spend.
| Rank | Company | Ad spend | Ad / revenue | YoY | Fiscal year |
|---|---|---|---|---|---|
| 246 | Zillow Group | $165M | 6.4% | -5.7% | FY2025 |
| 247 | Rush Street Interactive | $165M | 14.5% | +3.8% | FY2025 |
| 248 | Caleres | $165M | 6.0% | +10.0% | FY2026 |
| 249 | New York Times | $165M | 5.8% | +7.9% | FY2025 |
| 250 | Designer Brands | $164M | 5.7% | -5.4% | FY2026 |
| 251 | Brinker International | $164M | 2.8% | +11.6% | FY2026 |
| 252 | Mohawk Industries | $164M | 1.5% | +13.8% | FY2025 |
Questions
How much does New York Times spend on advertising?
New York Times spent $165M on advertising in fiscal 2025, the year ended Dec 31, 2025, according to its 10-K filed Feb 27, 2026.
What percentage of revenue does New York Times spend on advertising?
5.8% of revenue in fiscal 2025 ($165M of $2.8B). The median across the 336 companies tracked is 5.2%.
Is New York Times spending more on advertising?
Yes. Ad spend rose 7.9% in fiscal 2025 from fiscal 2024. It has risen 2 years in a row.
How does New York Times rank by advertising spend?
#249 of 336 US-listed companies with $100M or more in ad spend, ranked on each company's latest fiscal year.
What does New York Times's advertising figure include?
Marketing and advertising combined, as reported under the XBRL tag MarketingAndAdvertisingExpense.
Source
- Filing
- 10-K for FY2025, filed Feb 27, 2026
- Accession number
0000071691-26-000011- Company
- NEW YORK TIMES CO, CIK 71691, SIC 2711 (Newspapers: Publishing or Publishing & Printing)
- Data
- SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
- Cite
- New York Times advertising spend, FY2012-FY2025. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed Feb 27, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/new-york-times/advertising-spend/
- Download
- CSV, all years · CSV, all 336 companies