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SEGMENT INFORMATION (Tables)
12 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Reconciliation of Revenue and Segment EBITDA from Segments to Consolidated Segment EBITDA provides management, investors and equity analysts with a measure to analyze the operating performance of each of the Company’s business segments and its enterprise value against historical data and competitors’ data, although historical results may not be indicative of future results (as operating performance is highly contingent on many factors, including customer tastes and preferences).
Segment information is summarized as follows:
For the fiscal year ended June 30, 2026
Dow JonesDigital Real Estate ServicesBook PublishingNews MediaOtherTotal
(in millions)
Segment information:
Revenues$2,497 $2,016 $2,288 $2,227 $— $9,028 
Significant segment expenses:
Operating expenses(965)(196)(1,550)(1,181)— (3,892)
Selling, general and administrative(869)(1,079)(451)(907)(203)(3,509)
Segment EBITDA$663 $741 $287 $139 $(203)$1,627 
Depreciation and amortization(485)
Impairment and restructuring charges(113)
Equity losses of affiliates(8)
Interest income, net29 
Other, net(4)
Income before income tax expense from continuing operations1,046 
Income tax expense from continuing operations(303)
Net income from continuing operations743 
Net income from discontinued operations, net of tax— 
Net income$743 
For the fiscal year ended June 30, 2025
Dow JonesDigital Real Estate ServicesBook PublishingNews MediaOtherTotal
(in millions)
Segment information:
Revenues$2,331 $1,802 $2,149 $2,170 $— $8,452 
Significant segment expenses:
Operating expenses(958)(186)(1,450)(1,142)— (3,736)
Selling, general and administrative(785)(1,015)(403)(875)(223)(3,301)
Segment EBITDA$588 $601 $296 $153 $(223)$1,415 
Depreciation and amortization(459)
Impairment and restructuring charges(132)
Equity losses of affiliates(15)
Interest income, net
Other, net111 
Income before income tax expense from continuing operations923 
Income tax expense from continuing operations(275)
Net income from continuing operations648 
Net income from discontinued operations, net of tax692 
Net income$1,340 
For the fiscal year ended June 30, 2024
Dow JonesDigital Real Estate ServicesBook PublishingNews MediaOtherTotal
(in millions)
Segment information:
Revenues$2,231 $1,658 $2,093 $2,270 $— $8,252 
Significant segment expenses:
Operating expenses(919)(190)(1,441)(1,264)— (3,814)
Selling, general and administrative(770)(960)(383)(873)(211)(3,197)
Segment EBITDA$542 $508 $269 $133 $(211)$1,241 
Depreciation and amortization(440)
Impairment and restructuring charges(133)
Equity losses of affiliates(6)
Interest expense, net(18)
Other, net(59)
Income before income tax expense from continuing operations585 
Income tax expense from continuing operations(206)
Net income from continuing operations379 
Net loss from discontinued operations, net of tax(25)
Net income$354 
Reconciliation of Depreciation and Amortization from Segments to Consolidated
For the fiscal years ended June 30,
202620252024
(in millions)
Depreciation and amortization:
Dow Jones$164 $156 $153 
Digital Real Estate Services155 146 137 
Book Publishing60 54 54 
News Media101 99 91 
Other
Total Depreciation and amortization$485 $459 $440 
For the fiscal years ended June 30,
202620252024
(in millions)
Capital expenditures:
Dow Jones$105 $130 $100 
Digital Real Estate Services160 154 131 
Book Publishing31 17 32 
News Media117 103 93 
Other13 
Total Capital expenditures$426 $407 $357 
As of June 30,
20262025
(in millions)
Goodwill and intangible assets, net:
Dow Jones$3,244 $3,256 
Digital Real Estate Services1,931 1,798 
Book Publishing907 941 
News Media297 308 
Other— — 
Total Goodwill and intangible assets, net$6,379 $6,303 
Reconciliation of Assets from Segments to Consolidated
As of June 30,
20262025
(in millions)
Total assets:
Dow Jones$4,159 $4,134 
Digital Real Estate Services3,515 3,202 
Book Publishing2,743 2,767 
News Media2,044 2,102 
Other(a)
2,081 2,283 
Investments1,002 1,016 
Total assets$15,544 $15,504 
(a)The Other segment primarily includes Cash and cash equivalents.
Revenue and Long-Lived Assets by Geographic Region
Geographic Segments
For the fiscal years ended June 30,
202620252024
(in millions)
Revenues:(a)
U.S. and Canada(b)
$4,368 $4,121 $4,004 
Europe(c)
1,830 1,710 1,734 
Australasia and Other(d)
2,830 2,621 2,514 
Total Revenues
$9,028 $8,452 $8,252 
(a)Revenues are attributed to region based on location of customer.
(b)Revenues include approximately $4.2 billion for fiscal 2026, $4.0 billion for fiscal 2025 and $3.9 billion for fiscal 2024 from customers in the U.S.
(c)Revenues include approximately $1.3 billion for fiscal 2026, $1.2 billion for fiscal 2025 and $1.3 billion for fiscal 2024 from customers in the U.K.
(d)Australasia comprises Australia, Asia, Papua New Guinea and New Zealand. Revenues include approximately $2.4 billion for fiscal 2026, $2.2 billion for fiscal 2025 and $2.1 billion for fiscal 2024 from customers in Australia.
As of June 30,
20262025
(in millions)
Long-lived assets:(a)
U.S. and Canada$1,686 $1,415 
Europe901 924 
Australasia and Other843 781 
Total long-lived assets
$3,430 $3,120 
(a)Reflects total assets less current assets, goodwill, intangible assets, investments and deferred income tax assets.