REVENUE (Tables)

9 Months Ended

Sep. 30, 2025

Revenue from Contract with Customer [Abstract]

Subscription; advertising; and affiliate, licensing and other revenues were as follows:


	For the Quarters Ended								For the Nine Months Ended
(In thousands)	September 30, 2025		As % of total		September 30, 2024		As % of total		September 30, 2025		As % of total		September 30, 2024		As % of total
Subscription	$	494,630	70.6	%	$	453,327	70.8	%	$	1,440,307	71.2	%	$	1,321,654	71.1	%
Advertising	132,291		18.9	%	118,370		18.5	%	374,341		18.5	%	341,244		18.4	%
Affiliate, licensing and other(1)	73,900		10.5	%	68,481		10.7	%	207,956		10.3	%	196,392		10.5	%
Total	$	700,821	100.0	%	$	640,178	100.0	%	$	2,022,604	100.0	%	$	1,859,290	100.0	%

(1)Affiliate, licensing and other revenues include building rental revenue, which is not under the scope of Revenue from Contracts with Customers (Topic 606). Building rental revenue was $6.7 million and $6.6 million for the third quarters of 2025 and 2024, respectively, and $20.1 million and $19.9 million for the first nine months of 2025 and 2024, respectively.

The following table summarizes digital and print subscription revenues, which are components of subscription revenues above, for the third quarters and first nine months ended September 30, 2025, and September 30, 2024:


	For the Quarters Ended								For the Nine Months Ended
(In thousands)	September 30, 2025		As % of total		September 30, 2024		As % of total		September 30, 2025		As % of total		September 30, 2024		As % of total
Digital-only subscription revenues(1)	$	367,443	74.3	%	$	322,198	71.1	%	$	1,052,822	73.1	%	$	919,677	69.6	%
Print subscription revenues(2)	127,187		25.7	%	131,129		28.9	%	387,485		26.9	%	401,977		30.4	%
Total subscription revenues	$	494,630	100.0	%	$	453,327	100.0	%	$	1,440,307	100.0	%	$	1,321,654	100.0	%

(1)Includes revenue from bundled and standalone subscriptions to our news product, as well as to The Athletic and our Audio, Cooking, Games and Wirecutter products.

(2)Includes domestic home-delivery subscriptions, which include access to our digital products. Also includes single-copy, NYT International and Other subscription revenues.

The following table summarizes digital and print advertising revenues, which are components of advertising revenues above, for the third quarters and first nine months ended September 30, 2025, and September 30, 2024:


	For the Quarters Ended								For the Nine Months Ended
(In thousands)	September 30, 2025		As % of total		September 30, 2024		As % of total		September 30, 2025		As % of total		September 30, 2024		As % of total
Digital advertising revenues	$	98,111	74.2	%	$	81,564	68.9	%	$	263,398	70.4	%	$	224,166	65.7	%
Print advertising revenues	34,180		25.8	%	36,806		31.1	%	110,943		29.6	%	117,078		34.3	%
Total advertising	$	132,291	100.0	%	$	118,370	100.0	%	$	374,341	100.0	%	$	341,244	100.0	%

NEW YORK TIMES CO 10-Q