USA TODAY Co., Inc. (TDAY) Earnings Call Transcripts

USA TODAY Co., Inc.'s Latest Earnings Call - Q1 FY2026

In Q1 2026, USA TODAY Company reported total revenues of $548.5 million, a 4% decline year-over-year, but with a notable improvement in same-store revenue trends, which decreased by only 1.8%. Adjusted EBITDA surged by 45% to $73.1 million, reflecting strong operational execution and cost management. The company reaffirmed its full-year guidance, signaling confidence in continued digital revenue growth and improved profitability as it approaches key inflection points in its revenue mix.

Reported metrics

Guidance from management

Management reaffirmed its full-year 2026 business outlook, expecting continued year-over-year growth in free cash flow and profit driven by improving revenue performance.

What management said

Yes. No changes. Obviously, we remain very optimistic there. The next big things are really the -- outside of our case, the DOJ case, we expect the remedies to be ruled on by the judge here any day now. And then that would, we think then lead to the state of Texas's case going to trial probably within 60 days after the remedies ruling. And then with regard to our case specifically, the next big milestones are the jud...

What analysts pressed on

Analysts expressed concerns about the sustainability of digital advertising revenue and the impact of Google Discover changes on traffic. There were also questions regarding the long-term viability of AI licensing revenue.

Main topics on the call

• Digital Revenue Growth — Total digital revenues increased by 5% year-over-year, accounting for 48% of total revenues, marking an all-time high. CEO Mike Reed stated, "We believe our strong execution against our most important strategic actions i...
• Improved EBITDA and Margins — Adjusted EBITDA rose 45% year-over-year, with margins expanding to 13.3% from 8.8%. CFO Trisha Gosser noted, "The growth in total adjusted EBITDA was driven by the improving revenue trends and ongoing cost discipline."
• Digital-Only Subscription Performance — Digital-only subscription revenues grew 6.2% year-over-year, marking the third consecutive quarter of sequential growth. Reed highlighted that "digital-only ARPU reached a record high of $10.30, up 42.7% year-over-year."
• AI Partnerships and Licensing — The company emphasized the significance of its AI partnerships, which contributed to revenue growth. Reed stated, "We expect this category to contribute meaningfully to our growth over time," indicating a long-term posit...

Read the full USA TODAY Co., Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 5 USA TODAY Co., Inc. earnings call transcripts on record, spanning October 30, 2025 to August 6, 2026. Based on this history, USA TODAY Co., Inc. reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

TDAY

Exchange

NYSE

Country

US

Sector

Communication Services

Industry

Media

Calls on record

5

First call

October 30, 2025

Most recent

August 6, 2026

Reporting cadence

quarterly