USA TODAY Co. Q3 revenue falls 7.4% to $519.2 million; net loss narrows
USA TODAY Co. reported third-quarter 2026 revenue of $519.2 million, down 7.4% from a year earlier, and a net loss attributable to the company of $4.6 million, versus a $39.2 million loss in the prior-year quarter. The company updated its full-year 2026 outlook, expecting net income to grow while Adjusted EBITDA, operating cash flow and free cash flow decline, and announced a $100 million annualized cost reduction program along with plans to repurchase shares in the fourth quarter. For shareholders, revenue fell and guidance points in different directions, while the loss narrowed.
Key points
- Q3 2026 total revenues were $519.2 million, down 7.4% from $560.8 million a year earlier; same store revenues fell 5.8%.
- Net loss attributable to USA TODAY Co. was $4.6 million, compared with $39.2 million in Q3 2025; Total Adjusted EBITDA was $36.6 million.
- Full-year 2026 outlook: same store revenues down in the mid-single digits; net income expected to grow versus 2025; Adjusted EBITDA, operating cash flow and free cash flow expected to decline.
- A new $100 million annualized cost reduction program was implemented at the end of Q3; $96.9 million remains under the repurchase authorization, and a lender-approved $50.0 million incremental term loan may fund buybacks through December 31
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.