News Corporation — Cyborg Score 7/10

Strong
Media & Information Services / Digital Publishing & Professional Data

Strategic Profile

Disciplined investment and value-accretive M&A have increased the company's exposure to the large and fast-growing data and information services market. Dow Jones and Digital Real Estate together accounted for 49% of revenue and 84% of EBITDA for fiscal 2025. Digital revenues have almost doubled since fiscal 2018 to 62% in fiscal 2025.

Cyborg Score Rationale

Dow Jones segment revenue is up 8% with segment EBITDA up 10% to $191 million, with 82% of segment revenue from digital sources. Digital subscription volumes increased 12% to over 6 million subscriptions, with focus on yield and enterprise partnerships. Moody's upgraded News Corp's rating with outlook moved to positive due to balance sheet strength and operating performance.

Top Insights

  • Dow Jones B2B dominance: Professional information business revenues increasing 12% with Risk & Compliance up 20%, driving highest-margin growth
  • Digital transformation complete: 62% of revenues now digital with Dow Jones at 84% digital penetration, reducing advertising dependency to just 16% of revenues
  • Strategic M&A focus: Acquisitions of Dragonfly Intelligence and Oxford Analytica within Risk & Compliance, demonstrating targeted portfolio building
  • Shareholder-focused capital allocation: Accelerated buyback program at ~$2.5M daily with management targeting significant net asset value discount

Named Competitors

  • Bloomberg Terminal — Professional financial data and analytics platform
  • Refinitiv — Financial data, analytics and workflow solutions
  • Zillow — Digital real estate and property marketplace
  • Rightmove — UK-based real estate portal

Recent Developments

  • (February 2026) Q2 FY2026 earnings showed revenue up 8% and segment EBITDA up 10% in Dow Jones with record digital advertising of $87M
  • (January 2026) Q1 FY2026 results reported 2% revenue growth to $2.14B and 5% segment EBITDA increase to $340M, led by Dow Jones and Digital Real Estate Services
  • (January 2026) Moody's upgraded News Corp's credit outlook to positive citing balance sheet strength and operating performance
  • (November 2025) Risk & Compliance revenues grew 16% to $94M including contributions from Dragonfly Intelligence and Oxford Analytica acquisitions

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