News Corp advertising spend, FY2026
News Corp (NWSA) reported $545M of advertising expense for the fiscal year ended Jun 30, 2026. That is 6.0% of revenue of $9B. Up 7.9% from FY2025.
Key facts
- Ad spend is 10% below its FY2016 level ($607M), while revenue grew 1.1x.
- The highest year on file is FY2019 at $669M; FY2026 is 19% below it.
- Largest increase +19.9% in FY2015; largest cut -23.0% in FY2023.
- Ad spend has risen 3 years in a row.
- Ad spend is 6.0% of revenue, up from 5.9% in FY2021.
- News Corp spends more on advertising than 64% of the 336 US-listed companies tracked. Its ad-to-revenue ratio is 1.2x 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 |
|---|---|---|---|---|---|---|---|
| FY2026 | Jun 30, 2026 | $545M | +7.9% | $9B | 6.0% | AdvertisingExpense | 10-K Aug 7, 2026 |
| FY2025 | Jun 30, 2025 | $505M | +2.9% | $8.5B | 6.0% | AdvertisingExpense | 10-K Aug 7, 2026 |
| FY2024 | Jun 30, 2024 | $491M | +7.0% | $8.3B | 6.0% | AdvertisingExpense | 10-K Aug 7, 2026 |
| FY2023 | Jun 30, 2023 | $459M | -23.0% | $8B | 5.7% | AdvertisingExpense | 10-K Aug 6, 2025 |
| FY2022 | Jun 30, 2022 | $596M | +8.4% | $10.4B | 5.7% | AdvertisingExpense | 10-K Aug 13, 2024 |
| FY2021 | Jun 30, 2021 | $550M | +4.8% | $9.4B | 5.9% | AdvertisingExpense | 10-K Aug 15, 2023 |
| FY2020 | Jun 30, 2020 | $525M | -21.5% | $9B | 5.8% | AdvertisingExpense | 10-K Aug 12, 2022 |
| FY2019 | Jun 30, 2019 | $669M | +0.9% | $10.1B | 6.6% | AdvertisingExpense | 10-K Aug 10, 2021 |
| FY2018 | Jun 30, 2018 | $663M | +12.9% | $9B | 7.3% | AdvertisingExpense | 10-K Aug 11, 2020 |
| FY2017 | Jun 30, 2017 | $587M | -3.3% | $8.1B | 7.2% | AdvertisingExpense | 10-K Aug 13, 2019 |
| FY2016 | Jun 30, 2016 | $607M | +14.5% | $8.3B | 7.3% | AdvertisingExpense | 10-K Aug 15, 2018 |
| FY2015 | Jun 30, 2015 | $530M | +19.9% | $8.5B | 6.2% | AdvertisingExpense | 10-K Aug 14, 2017 |
| FY2014 | Jun 30, 2014 | $442M | 0.0% | $8.5B | 5.2% | AdvertisingExpense | 10-K Aug 12, 2016 |
| FY2013 | Jun 30, 2013 | $442M | -5.2% | $8.9B | 5.0% | AdvertisingExpense | 10-K Aug 13, 2015 |
| FY2012 | Jun 30, 2012 | $466M | n/a | $8.7B | 5.4% | AdvertisingExpense | 10-K Aug 14, 2014 |
What the figure is
Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).
Compared with similar spenders
The 6 companies closest to News Corp in latest-year ad spend.
| Rank | Company | Ad spend | Ad / revenue | YoY | Fiscal year |
|---|---|---|---|---|---|
| 115 | Domino's Pizza | $559M | 11.3% | +9.7% | FY2025 |
| 116 | Signet Jewelers | $555M | 8.1% | -0.9% | FY2026 |
| 117 | Williams-Sonoma | $553M | 7.1% | -2.7% | FY2026 |
| 118 | Match Group | $550M | 15.8% | +0.7% | FY2025 |
| 119 | Teladoc Health | $546M | 21.6% | -8.2% | FY2025 |
| 120 | News Corp | $545M | 6.0% | +7.9% | FY2026 |
| 121 | Albertsons Companies | $525M | 0.6% | -1.0% | FY2026 |
Questions
How much does News Corp spend on advertising?
News Corp spent $545M on advertising in fiscal 2026, the year ended Jun 30, 2026, according to its 10-K filed Aug 7, 2026.
What percentage of revenue does News Corp spend on advertising?
6.0% of revenue in fiscal 2026 ($545M of $9B). The median across the 336 companies tracked is 5.2%.
Is News Corp spending more on advertising?
Yes. Ad spend rose 7.9% in fiscal 2026 from fiscal 2025. It has risen 3 years in a row.
How does News Corp rank by advertising spend?
#120 of 336 US-listed companies with $100M or more in ad spend, ranked on each company's latest fiscal year.
What does News Corp's advertising figure include?
Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).
Source
- Filing
- 10-K for FY2026, filed Aug 7, 2026
- Accession number
0001564708-26-000175- Company
- NEWS CORP, CIK 1564708, SIC 2711 (Newspapers: Publishing or Publishing & Printing)
- Data
- SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
- Cite
- News Corp advertising spend, FY2012-FY2026. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed Aug 7, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/news/advertising-spend/
- Download
- CSV, all years · CSV, all 336 companies