News Corp A (NWSA)
Gross profit margin
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 0 | 9,401,000 | 9,386,000 | 9,283,000 | 9,205,000 | 9,061,000 | 8,046,000 | 6,964,000 | 5,490,000 | 5,731,000 | 5,826,000 | 6,043,000 | 6,111,000 | 4,470,000 | 4,372,000 | 4,150,000 | 3,846,000 | 3,781,000 | 3,629,000 | 3,548,000 |
| Revenue (ttm) | US$ in thousands | 8,452,000 | 9,401,000 | 9,386,000 | 9,283,000 | 9,205,000 | 9,061,000 | 9,514,000 | 9,900,000 | 9,879,000 | 10,120,000 | 10,165,000 | 10,361,000 | 10,385,000 | 10,203,000 | 10,046,000 | 9,743,000 | 9,358,000 | 8,789,000 | 8,720,000 | 8,785,000 |
| Gross profit margin | 0.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 84.57% | 70.34% | 55.57% | 56.63% | 57.31% | 58.32% | 58.84% | 43.81% | 43.52% | 42.59% | 41.10% | 43.02% | 41.62% | 40.39% |
June 30, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $0K ÷ $8,452,000K
= 0.00%
The gross profit margin of News Corp A demonstrates notable fluctuations over the analyzed period, reflecting shifts in operational efficiency, cost management, and possibly strategic changes in revenue streams. Initially, from September 30, 2020, to March 31, 2021, the gross profit margin experienced a gradual upward trend, increasing from approximately 40.39% to 43.02%. This indicates a modest improvement in the company's ability to generate profit from its sales relative to the cost of goods sold during this period.
Subsequently, from June 30, 2021, through the end of 2022, the gross profit margin generally maintained an elevated level, fluctuating between approximately 41.10% and 58.84%. A significant upward movement is observed starting from March 31, 2022, where the margin jumps to roughly 58.84%, and then slightly declines but remains relatively high through December 2022 at approximately 57.31%. This suggests an enhancement in profitability, potentially attributable to better cost control, higher-margin product or service offerings, or changes in revenue composition.
The most pronounced shift occurs from September 30, 2022, onwards, where the gross profit margin surges dramatically from around 58.32% to an unprecedented 70.34% by September 30, 2023. The upward trajectory continues into the subsequent periods, reaching 84.57% at the close of 2023. This marked improvement indicates a significant increase in gross profitability, possibly driven by considerable operational efficiencies, portfolio adjustments, or shifts towards higher-margin revenue sources.
In an extraordinary development, the gross profit margin hits 100.00% at March 31, 2024, sustaining this level through subsequent periods until June 30, 2024, and maintaining at 100.00% through September 30, 2024, December 2024, and March 2025. Such figures suggest that costs of goods sold have been minimized or virtually eliminated relative to revenues, or that the revenue recorded during this period is associated with negligible or no direct costs.
Finally, a dramatic decline occurs in June 2025, where the gross profit margin drops to 0.00%. This likely reflects an anomalous or extraordinary accounting event, such as the recognition of substantial costs or a change in revenue recognition policy, rendering the gross profit effectively nil for that period.
Overall, the data indicates a company that has experienced a remarkable evolution in gross profitability, culminating in a period of reported maximum margins, followed by an abrupt and complete reduction. These fluctuations underscore significant operational shifts or reporting anomalies, warranting further detailed analysis into the underlying factors influencing gross profitability throughout this timeline.
Peer comparison
Jun 30, 2025