New York Times (NYSE:NYT) Announces Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Posted by Brenda Bartman on Nov 6th, 2026

New York Times (NYSE:NYT – Get Free Report) released its quarterly earnings results on Wednesday. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.03, FiscalAI reports. The company had revenue of $768.54 million for the quarter, compared to analysts’ expectations of $767.21 million. New York Times had a return on equity of 23.06% and a net margin of 13.41%. The business’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.59 earnings per share.

Here are the key takeaways from New York Times’ conference call:

Digital subscriptions remained a major growth engine: the company added 420,000 net digital subscribers, reaching 13.8 million, while digital-only subscription revenue rose 14.6%. Average digital-only ARPU increased 1.4%, supported by pricing step-ups and price increases.
Q3 revenue increased 10% to $769 million, adjusted operating profit rose 14% to about $150 million, and adjusted diluted EPS grew to $0.68. Year-to-date free cash flow was approximately $436 million, and the company returned $276 million to shareholders.
Advertising revenue grew 7.8%, with digital advertising up 12%, though digital ads came in slightly below guidance. For Q4, the company expects total advertising growth in the mid-single digits and digital advertising growth in the high-single to low-double digits.
Q4 guidance calls for digital-only subscription revenue growth of 12%–15% and total subscription revenue growth of 9%–11%; adjusted operating cost growth is expected to moderate to 6%–8%. Management said it will continue investing in journalism and products, particularly video, while emphasizing cost discipline.
Management said big tech changes are driving less traffic to publishers and that The Times is not immune, although it has not seen a measurable impact from AI agents on churn or cancellations so far. Executives described the effects of agents and evolving consumer behavior as uncertain and said they are monitoring them.

New York Times Price Performance

NYSE:NYT opened at $68.33 on Monday. New York Times has a 1-year low of $58.87 and a 1-year high of $87.10. The firm’s 50-day moving average price is $67.29 and its 200-day moving average price is $73.25. The company has a market capitalization of $11.02 billion, a PE ratio of 27.33, a P/E/G ratio of 1.69 and a beta of 0.89.

New York Times Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 22nd. Investors of record on Wednesday, October 7th were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Wednesday, October 7th. New York Times’s dividend payout ratio is presently 36.80%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Weiss Ratings upgraded shares of New York Times from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. UBS Group set a $82.00 price objective on New York Times in a research note on Tuesday, September 15th. Barclays upped their price objective on New York Times from $63.00 to $64.00 and gave the company an “equal weight” rating in a research note on Thursday. New Street Research set a $82.00 price target on shares of New York Times in a research note on Tuesday, September 15th. Finally, Morgan Stanley dropped their price target on shares of New York Times from $90.00 to $75.00 and set an “equal weight” rating on the stock in a research note on Sunday, October 11th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $82.80.

Check Out Our Latest Stock Analysis on NYT

Key Headlines Impacting New York Times

Here are the key news stories impacting New York Times this week:

Positive Sentiment: NYT beat third-quarter earnings and revenue estimates. EPS was $0.68 versus expectations of $0.65, while revenue rose 9.7% year over year to $768.5 million. Digital subscriber growth, higher subscription revenue and stronger advertising supported growth and margin expansion. The New York Times Q3 Earnings Beat on Digital Subscription Growth
Neutral Sentiment: Reports say NYT is in advanced or exclusive talks to acquire film-focused social network Letterboxd for roughly $330 million. The deal could broaden the company’s audience and businesses, but its financial impact is uncertain until terms and a transaction are confirmed. New York Times Company in advanced talks to acquire Letterboxd for roughly $330 million
Negative Sentiment: Barclays raised its price target to $64 from $63 but kept an “equal weight” rating. The target remains below the $68.33 price cited in the report, signaling limited expected upside from the analyst’s perspective. Barclays price target update

About New York Times

(Get Free Report)

The New York Times Company is a media organization best known for publishing The New York Times, a newspaper founded in 1851. Based in New York City, the company produces journalism on U.S. and international news, politics, business, culture, science and other subjects.

Its offerings include print and digital news, games, cooking content, product reviews through Wirecutter, and sports journalism through The Athletic. The company serves readers in the United States and around the world through its digital platforms and print publications.

The company is led by President and Chief Executive Officer Meredith Kopit Levien, while A.G.