USA TODAY CO., INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.30B | $2.51B | $2.66B | $2.95B | $3.21B | $3.41B | $1.87B | $1.53B |
| Cost of Revenue | $1.41B | $1.55B | $1.69B | $1.86B | $1.90B | $2.03B | $1.08B | $865.2M |
| Gross Profit | $891.4M | $963.7M | $971.5M | $1.08B | $1.31B | $1.37B | $788.3M | $660.8M |
| Gross Margin | 38.7% | 38.4% | 36.5% | 36.8% | 40.7% | 40.3% | 42.2% | 43.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $639.7M | $703.6M | $722.9M | $852.5M | $902.1M | $999.8M | $602.1M | $502.6M |
| Operating Income | $-1.3M | $-42.8M | $86.3M | $-33.6M | $109.1M | $-447.9M | $-147.0M | $58.1M |
| Operating Margin | -0.1% | -1.7% | 3.2% | -1.1% | 3.4% | -13.2% | -7.9% | 3.8% |
| Interest Expense | — | — | $111.8M | $108.4M | $135.7M | $228.5M | $63.7M | $36.1M |
| Pretax Income | $-1.3M | $-77.7M | $-6.2M | $-76.9M | $-87.9M | $-705.8M | $-207.2M | $20.0M |
| Income Tax Expense | $-3.0M | $-51.3M | $21.7M | $1.3M | $48.3M | $-33.5M | $-86.0M | $1.9M |
| Net Income | $1.7M | $-26.4M | $-27.8M | $-78.0M | $-135.0M | $-670.5M | $-119.8M | $18.2M |
| Net Margin | 0.1% | -1.1% | -1.0% | -2.6% | -4.2% | -19.7% | -6.4% | 1.2% |
| EPS (Basic) | $0.01 | $-0.18 | $-0.20 | $-0.57 | $-1.00 | $-5.09 | $-1.77 | $0.31 |
| EPS (Diluted) | $0.01 | $-0.18 | $-0.20 | $-0.57 | $-1.00 | $-5.09 | $-1.77 | $0.31 |
| Shares Outstanding (Basic) | 145.1M | 142.5M | 139.6M | 136.9M | 134.8M | 131.7M | 67.7M | 58.0M |
| Shares Outstanding (Diluted) | 146.0M | 142.5M | 139.6M | 136.9M | 134.8M | 131.7M | 67.7M | 58.4M |
| Dividends Per Share | — | — | — | — | $0.00 | $0.00 | $1.52 | $1.49 |