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EARNINGS (LOSS) PER SHARE (Tables)
9 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings (Loss) Per Share
The following table sets forth the computation of basic and diluted earnings (loss) per share under ASC 260, Earnings per Share:
For the three months ended
March 31,
For the nine months ended
March 31,
2026202520262025
(in millions, except per share amounts)
Net income from continuing operations$121 $107 $513 $562 
Net income from discontinued operations, net of tax— 30 — 2 
Net income121 137 513 564 
Net income attributable to noncontrolling interests from continuing operations(32)(26)(119)(135)
Net income attributable to noncontrolling interests from discontinued operations— (8)— 8 
Net income attributable to News Corporation stockholders$89 $103 $394 $437 
Weighted-average number of shares of common stock outstanding - basic554.0 567.2 559.8 568.3 
Dilutive effect of equity awards1.7 2.3 1.7 2.0 
Weighted-average number of shares of common stock outstanding - diluted555.7 569.5 561.5 570.3 
Net income attributable to News Corporation stockholders per share:
Basic
Continuing operations$0.16 $0.14 $0.70 $0.75 
Discontinued operations$— $0.04 — 0.02 
$0.16 $0.18 $0.70 $0.77 
Diluted
Continuing operations$0.16 $0.14 $0.70 $0.75 
Discontinued operations$— $0.04 — 0.02 
$0.16 $0.18 $0.70 $0.77