USA TODAY Co., Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.3B | $2.5B | $2.7B | $2.9B | $3.2B |
| Cost of revenue | $1.4B | $1.5B | $1.7B | $1.9B | $1.9B |
| Selling, general & administrative | $639.7M | $703.6M | $722.9M | $852.5M | $902.1M |
| Operating income | — | -$42.8M | $86.3M | -$33.6M | $109.1M |
| Interest expense | $97.2M | $104.7M | $111.8M | $108.4M | $135.7M |
| Pretax income | -$1.3M | -$77.7M | -$6.2M | -$76.9M | -$87.9M |
| Income tax expense | -$3.0M | -$51.3M | $21.7M | $1.3M | $48.2M |
| Net income | $1.7M | -$26.4M | -$27.8M | -$78.0M | -$135.0M |
| Balance Sheet | |||||
| Cash and equivalents | $90.2M | $106.3M | $100.2M | $94.3M | $130.8M |
| Current assets | $389.2M | $425.9M | $444.2M | $507.8M | $577.3M |
| Total assets | $1.8B | $2.0B | $2.2B | $2.4B | $2.8B |
| Current liabilities | $517.8M | $545.6M | $533.5M | $617.0M | $662.5M |
| Total liabilities | $1.7B | $1.9B | $1.9B | $2.1B | $2.3B |
| Stockholders' equity | $155.1M | $153.1M | $317.8M | $295.7M | $532.1M |
| Cash Flow Statement | |||||
| Cash from operations | $114.4M | $100.3M | $94.6M | $40.8M | $127.5M |
| Depreciation and amortization | $165.8M | $156.3M | $162.6M | $182.0M | $204.0M |
| Stock-based compensation | $9.1M | $12.5M | $16.6M | $16.8M | $18.4M |
| Capital expenditure | $51.5M | $49.5M | $38.1M | $45.4M | $39.6M |
| Free cash flow | $62.9M | $50.8M | $56.5M | -$4.6M | $87.9M |
| Dividends paid | — | — | — | — | $0 |
| Share repurchases | $3.1M | $3.1M | $2.6M | $6.6M | $3.2M |
| Impairments | $2.2M | $46.0M | $1.4M | $1.1M | $4.0M |
Shares outstanding 146.7M · Free float 87.6%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.