New York Times media industry Q1 2026 earnings digital subscriptions Meredith Kopit Levien

The New York Times Company announced it surpassed 13 million total subscribers in the first quarter of 2026, driven by the addition of 310,000 digital-only subscribers. This milestone brings the company closer to its target of 15 million subscribers by 2027.

Meredith Kopit Levien, CEO and president of The New York Times Company, emphasized the strong demand for the publication’s uncompromised journalism and premium lifestyle content. “The quarter reflected strong demand for the uncompromised journalism and premium lifestyle content that The Times is uniquely capable of delivering,” she stated.

Levien also highlighted the company’s strategic priorities, which focus on building direct relationships and daily habits with millions of readers. “We continued to execute against our strategic priorities, which are designed to build direct relationships and daily habits with millions more people,” she added.

Financial Performance in Q1 2026

  • Net Income: $87.9 million, a 77.4% increase year over year, compared to $49.5 million in the same period last year.
  • Earnings Per Share (EPS): Diluted EPS of 54 cents; adjusted EPS reached 61 cents per share, exceeding the 47 cents per share expected by Yahoo Finance analysts.
  • Total Revenue: $712.2 million, up 12% year over year, surpassing the $700.25 million expected by Yahoo Finance analysts.
Source: The Wrap
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