v3.26.1
Revenues (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables present our revenues disaggregated by segment and revenue type:

Three months ended June 30, 2026
In thousandsUSA TODAY MediaNewsquestLocaliQCorporateIntersegment eliminationsConsolidated
Digital advertising$66,863 $12,901 $— $— $— $79,764 
Digital marketing services28,278 2,028 106,631 — (28,407)108,530 
Digital-only subscription42,987 2,603 — — — 45,590 
Digital other
15,611 3,685 — 1,140 — 20,436 
Digital153,739 21,217 106,631 1,140 (28,407)254,320 
Print advertising93,577 17,735 — — — 111,312 
Print circulation109,270 15,887 — — — 125,157 
Commercial and other(a)
41,138 4,410 — — — 45,548 
Print and commercial243,985 38,032    282,017 
Total revenues(b)
$397,724 $59,249 $106,631 $1,140 $(28,407)$536,337 
(a)    For the three months ended June 30, 2026, included Commercial printing and delivery revenues of $26.9 million and $2.4 million at the USA TODAY Media and Newsquest segments, respectively.
(b)    Revenues generated from international operations comprised 13.1% of total revenues for the three months ended June 30, 2026.

Three months ended June 30, 2025
In thousandsUSA TODAY MediaNewsquestLocaliQCorporateIntersegment eliminationsConsolidated
Digital advertising$75,151 $12,730 $— $— $— $87,881 
Digital marketing services33,139 2,068 117,478 — (34,812)117,873 
Digital-only subscription40,451 2,222 — — — 42,673 
Digital other
12,285 3,145 — 1,578 — 17,008 
Digital161,026 20,165 117,478 1,578 (34,812)265,435 
Print advertising105,533 19,307 — — — 124,840 
Print circulation127,678 16,461 — — — 144,139 
Commercial and other(a)
45,062 5,385 — — — 50,447 
Print and commercial278,273 41,153    319,426 
Total revenues(b)
$439,299 $61,318 $117,478 $1,578 $(34,812)$584,861 
(a)    For the three months ended June 30, 2025, included Commercial printing and delivery revenues of $28.7 million and $2.6 million at the USA TODAY Media and Newsquest segments, respectively.
(b)    Revenues generated from international operations comprised 12.3% of total revenues for the three months ended June 30, 2025.
Six months ended June 30, 2026
In thousandsUSA TODAY MediaNewsquestLocaliQCorporateIntersegment eliminationsConsolidated
Digital advertising$134,808 $25,837 $— $— $— $160,645 
Digital marketing services56,251 4,141 206,315 — (56,837)209,870 
Digital-only subscription86,369 5,160 — — — 91,529 
Digital other
44,369 7,340 — 2,484 — 54,193 
Digital321,797 42,478 206,315 2,484 (56,837)516,237 
Print advertising183,841 35,858 — — — 219,699 
Print circulation224,319 32,086 — — — 256,405 
Commercial and other(a)
83,878 8,603 — — — 92,481 
Print and commercial492,038 76,547    568,585 
Total revenues(b)
$813,835 $119,025 $206,315 $2,484 $(56,837)$1,084,822 
(a)     For the six months ended June 30, 2026, included Commercial printing and delivery revenues of $53.2 million and $4.9 million at the USA TODAY Media and Newsquest segments, respectively.
(b)     Revenues generated from international operations comprised 12.9% of total revenues for the six months ended June 30, 2026.

Six months ended June 30, 2025
In thousandsUSA TODAY MediaNewsquestLocaliQCorporateIntersegment eliminationsConsolidated
Digital advertising$146,605 $24,647 $— $— $— $171,252 
Digital marketing services65,897 3,938 226,187 — (69,345)226,677 
Digital-only subscription81,717 4,215 — — — 85,932 
Digital other
22,858 6,053 — 3,057 — 31,968 
Digital317,077 38,853 226,187 3,057 (69,345)515,829 
Print advertising210,708 36,760 — — — 247,468 
Print circulation260,882 32,307 — — — 293,189 
Commercial and other(a)
90,702 9,246 — — — 99,948 
Print and commercial562,292 78,313    640,605 
Total revenues(b)
$879,369 $117,166 $226,187 $3,057 $(69,345)$1,156,434 
(a)     For the six months ended June 30, 2025, included Commercial printing and delivery revenues of $58.6 million and $5.0 million at the USA TODAY Media and Newsquest segments, respectively.
(b)     Revenues generated from international operations comprised 11.9% of total revenues for the six months ended June 30, 2025.
Schedule of Deferred Revenue
The following table presents the change in the deferred revenues balance:

Six months ended June 30,
In thousands20262025
Beginning balance$105,398 $108,000 
Receipts, net of refunds463,919 470,417 
Revenue recognized(464,798)(471,471)
Ending balance$104,519 $106,946