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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Revenues:        
Revenues $ 2,009 $ 1,994 $ 6,343 $ 6,160
Total Revenues 2,009 1,994 6,343 6,160
Operating expenses (904) (938) (2,819) (2,886)
Selling, general and administrative (815) (797) (2,431) (2,341)
Depreciation and amortization (114) (114) (339) (325)
Impairment and restructuring charges (13) (35) (51) (84)
Equity losses of affiliates 0 (2) (11) (5)
Interest income (expense), net 1 (3) (2) (18)
Other, net (13) (9) 101 (26)
Income before income tax expense from continuing operations 151 96 791 475
Income tax expense from continuing operations (44) (32) (229) (163)
Net income from continuing operations 107 64 562 312
Net income (loss) from discontinued operations, net of tax 30 (22) 2 (29)
Net income 137 42 564 283
Net income attributable to noncontrolling interests from continuing operations (26) (22) (135) (86)
Net (income) loss attributable to noncontrolling interests from discontinued operations (8) 10 8 19
Net income attributable to News Corporation stockholders $ 103 $ 30 $ 437 $ 216
Basic        
Continuing operations (in dollars per share) $ 0.14 $ 0.07 $ 0.75 $ 0.40
Discontinued operations (in dollars per share) 0.04 (0.02) 0.02 (0.02)
Basic (in dollars per share) 0.18 0.05 0.77 0.38
Diluted        
Continuing operations (in dollars per share) 0.14 0.07 0.75 0.39
Discontinued operations (in dollars per share) 0.04 (0.02) 0.02 (0.01)
Diluted (in dollars per share) $ 0.18 $ 0.05 $ 0.77 $ 0.38
Circulation and subscription        
Revenues:        
Revenues $ 755 $ 734 $ 2,243 $ 2,183
Advertising        
Revenues:        
Revenues 308 323 1,014 1,046
Consumer        
Revenues:        
Revenues 492 484 1,585 1,513
Real estate        
Revenues:        
Revenues 318 301 1,052 939
Other        
Revenues:        
Revenues $ 136 $ 152 $ 449 $ 479