New York Times (NYT) revenue breakdown

Communication Services · Publishing · Market cap $10.4B

By segment, The New York Times Group is the largest at 93% of fiscal 2024 revenue; The Athletic grew fastest, 43% a year over 2 years.

By product, Subscription is the largest at 69% of fiscal 2025 revenue; Affiliate, licensing and other grew fastest, 14% a year over 9 years.

Revenue by segment

Fiscal years, as New York Times reports them in its 10-K filings; fiscal 2024 total $2.6B.

Segments202220232024Share
The New York Times Group$2.2B$2.3B$2.4B 93%
The Athletic$85M$131M$172M 7%

Revenue by product

Fiscal years, as New York Times reports them in its 10-K filings; fiscal 2025 total $2.8B.

Products2016201720182019202020212022202320242025Share
Subscription$881M$1.0B$1.0B$1.1B$1.2B$1.4B$1.6B$1.7B$1.8B$2.0B 69%
Advertising$581M$559M$558M$531M$392M$498M$523M$505M$506M$566M 20%
Affiliate, licensing and other$94M$109M$148M$198M$196M$215M$233M$265M$291M$308M 11%
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Questions

Where does New York Times make its money?

In fiscal 2024, by segment: The New York Times Group $2.4B, The Athletic $172M.

From New York Times's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.