News Corp B (NWS)

Gross profit margin

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Gross profit US$ in thousands 4,257,000 10,085,000 9,879,000 10,385,000 9,358,000
Revenue US$ in thousands 8,452,000 10,085,000 9,879,000 10,385,000 9,358,000
Gross profit margin 50.37% 100.00% 100.00% 100.00% 100.00%

June 30, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $4,257,000K ÷ $8,452,000K
= 50.37%

The gross profit margin for News Corp B has demonstrated a significant decline over the period from June 30, 2021, to June 30, 2025. From mid-2021 through mid-2024, the gross profit margin remained consistently at 100.00%, indicating that the company was able to generate gross profit equal to total revenue during these years. This suggests an exceptional level of efficiency or favorable cost structures within this timeframe.

However, a notable change occurred in June 2025, where the gross profit margin decreased substantially to 50.37%. This decline signifies that, in that fiscal year, the company's gross profit as a percentage of revenue was roughly half of what it had previously been. Such a reduction could be indicative of increased cost of goods sold, diminishing pricing power, changes in product mix, or other operational challenges impacting the company's ability to maintain its gross profit levels relative to revenue.

Overall, the trend indicates a stable and highly profitable margin over several years, followed by a sharp contraction in the most recent year, highlighting a potential shift in the company’s cost structure or market dynamics that warrants further investigation.


Peer comparison

Jun 30, 2025

Company name
Symbol
Gross profit margin
News Corp B
NWS
50.37%
New York Times Company
NYT
49.36%
News Corp A
NWSA
50.37%