v3.26.3
Revenues (Tables)
9 Months Ended
Sep. 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 September 30, 2026
In thousandsUSA TODAY MediaNewsquestLocaliQCorporateIntersegment eliminationsConsolidated
Digital advertising$62,291 $12,727 $— $— $— $75,018 
Digital marketing services27,039 2,051 105,684 — (27,792)106,982 
Digital-only subscription43,323 2,716 — — — 46,039 
Digital other
16,138 3,864 — 1,286 — 21,288 
Digital148,791 21,358 105,684 1,286 (27,792)249,327 
Print advertising86,137 17,692 — — — 103,829 
Print circulation104,561 15,833 — — — 120,394 
Commercial and other(a)
41,112 4,581 — — — 45,693 
Print and commercial231,810 38,106 — — — 269,916 
Total revenues(b)
$380,601 $59,464 $105,684 $1,286 $(27,792)$519,243 
(a)    For the three months ended September 30, 2026, included Commercial printing and delivery revenues of $26.1 million and $2.5 million at the USA TODAY Media and Newsquest segments, respectively.
(b)    Revenues generated from international operations comprised 13.6% of total revenues for the three months ended September 30, 2026.

Three months ended September 30, 2025
In thousandsUSA TODAY MediaNewsquestLocaliQCorporateIntersegment eliminationsConsolidated
Digital advertising$73,014 $14,162 $— $— $— $87,176 
Digital marketing services31,273 2,326 114,418 — (33,224)114,793 
Digital-only subscription41,303 2,410 — — — 43,713 
Digital other
12,515 3,023 — 1,524 — 17,062 
Digital158,105 21,921 114,418 1,524 (33,224)262,744 
Print advertising94,691 17,830 — — — 112,521 
Print circulation121,896 16,577 — — — 138,473 
Commercial and other(a)
42,363 4,695 — — — 47,058 
Print and commercial258,950 39,102 — — — 298,052 
Total revenues(b)
$417,055 $61,023 $114,418 $1,524 $(33,224)$560,796 
(a)    For the three months ended September 30, 2025, included Commercial printing and delivery revenues of $26.5 million and $2.7 million at the USA TODAY Media and Newsquest segments, respectively.
(b)    Revenues generated from international operations comprised 12.9% of total revenues for the three months ended September 30, 2025.
Nine months ended September 30, 2026
In thousandsUSA TODAY MediaNewsquestLocaliQCorporateIntersegment eliminationsConsolidated
Digital advertising$197,099 $38,564 $— $— $— $235,663 
Digital marketing services83,290 6,192 311,999 — (84,629)316,852 
Digital-only subscription129,692 7,876 — — — 137,568 
Digital other
60,507 11,204 — 3,770 — 75,481 
Digital470,588 63,836 311,999 3,770 (84,629)765,564 
Print advertising269,978 53,550 — — — 323,528 
Print circulation328,880 47,919 — — — 376,799 
Commercial and other(a)
124,990 13,184 — — — 138,174 
Print and commercial723,848 114,653 — — — 838,501 
Total revenues(b)
$1,194,436 $178,489 $311,999 $3,770 $(84,629)$1,604,065 
(a)     For the nine months ended September 30, 2026, included Commercial printing and delivery revenues of $79.3 million and $7.4 million at the USA TODAY Media and Newsquest segments, respectively.
(b)     Revenues generated from international operations comprised 13.1% of total revenues for the nine months ended September 30, 2026.

Nine months ended September 30, 2025
In thousandsUSA TODAY MediaNewsquestLocaliQCorporateIntersegment eliminationsConsolidated
Digital advertising$219,619 $38,809 $— $— $— $258,428 
Digital marketing services97,170 6,264 340,605 — (102,569)341,470 
Digital-only subscription123,020 6,625 — — — 129,645 
Digital other
35,373 9,076 — 4,581 — 49,030 
Digital475,182 60,774 340,605 4,581 (102,569)778,573 
Print advertising305,399 54,590 — — — 359,989 
Print circulation382,778 48,884 — — — 431,662 
Commercial and other(a)
133,065 13,941 — — — 147,006 
Print and commercial821,242 117,415 — — — 938,657 
Total revenues(b)
$1,296,424 $178,189 $340,605 $4,581 $(102,569)$1,717,230 
(a)     For the nine months ended September 30, 2025, included Commercial printing and delivery revenues of $85.1 million and $7.7 million at the USA TODAY Media and Newsquest segments, respectively.
(b)     Revenues generated from international operations comprised 12.2% of total revenues for the nine months ended September 30, 2025.
Schedule of Deferred Revenue
The following table presents the change in the deferred revenues balance:

Nine months ended September 30,
In thousands20262025
Beginning balance$105,398 $108,000 
Acquisition1,503 — 
Disposition (377)— 
Receipts, net of refunds683,056 709,041 
Revenue recognized(686,703)(709,291)
Ending balance$102,877 $107,750