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USA TODAY Co., Inc. operates as a media and digital marketing solutions company in the United States. It operates through three segments: Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The company's print offerings include home delivery on a subscription basis; single copy; and non-daily publications, such as shoppers and niche publications. It also provides digital-only subscription, including local media brands, USA TODAY NETWORK community events platform, magazines, sports, and games; and E-newspapers; and digital advertising and marketing services. In addition, the company offers digital news and media brands; daily and weekly newspapers; digital advertising and marketing products and solutions under the LocaliQ brand; cloud-based platform that offers a suite of products and solutions for marketing automation, AI-driven advertising optimization, and customizable reporting; commercial printing and distribution arrangements services; and prints commercial materials, including flyers, business cards, and invitations. USA TODAY Co., Inc. was formerly known as Gannett Co., Inc. and changed its name to USA TODAY Co., Inc. in October 2025. The company was founded in 1906 and is headquartered in Pittsford, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.3B | $262M | $2M | $63M | 1.1% | -8.3% | - |
| 2024 | $2.5B | $183M | $-26M | $51M | -17.3% | -5.8% | - |
| 2023 | $2.7B | $268M | $-28M | $56M | -8.8% | -9.6% | - |
| 2022 | $2.9B | $213M | $-78M | $-5M | -26.4% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 2,945.30 | 2,663.55 | 2,509.32 | 2,302.23 |
| Cost Of Revenue | 1,860.35 | 1,692.03 | 1,545.58 | 1,410.79 |
| Gross Profit | 1,084.95 | 971.52 | 963.73 | 891.44 |
| Operating Expense | 1,036.40 | 887.08 | 878.96 | 779.19 |
| Operating Income | 48.55 | 84.44 | 84.77 | 112.25 |
| EBITDA | 213.48 | 268.23 | 183.31 | 261.71 |
| EBIT | 31.46 | 105.61 | 27.02 | 95.95 |
| Pretax Income | -76.91 | -6.17 | -77.67 | -1.27 |
| Tax Provision | 1.35 | 21.73 | -51.29 | -3.03 |
| Net Income | -78 | -27.79 | -26.35 | 1.75 |
| Net Income Common Stockholders | -78 | -27.79 | -26.35 | 1.75 |
| Total Expenses | 2,896.76 | 2,579.11 | 2,424.55 | 2,189.97 |
| Interest Expense | 108.37 | 111.78 | 104.70 | 97.22 |
| Selling General And Administration | 852.49 | 722.88 | 703.64 | 639.75 |
| Normalized EBITDA | 295.23 | 249.44 | 241.60 | 280.22 |
| Normalized Income | -13.42 | -42.64 | 19.70 | 16.37 |
| Basic EPS | -0.57 | -0.20 | -0.18 | 0.01 |
| Diluted EPS | -0.57 | -0.20 | -0.18 | 0.01 |
| Tax Effect Of Unusual Items | -17.17 | 3.95 | -12.24 | -3.89 |
| Tax Rate For Calcs | 0.21 | 0.21 | 0.21 | 0.21 |
| Total Unusual Items | -81.75 | 18.79 | -58.29 | -18.51 |
| Total Unusual Items Excluding Goodwill | -81.75 | 18.79 | -58.29 | -18.51 |
| Net Income From Continuing Operation Net Minority Interest | -78 | -27.79 | -26.35 | 1.75 |
| Reconciled Depreciation | 182.02 | 162.62 | 156.29 | 165.76 |
| Reconciled Cost Of Revenue | 1,860.35 | 1,692.03 | 1,545.58 | 1,410.79 |
| Net Interest Income | -108.37 | -111.78 | -104.70 | -97.22 |
| Net Income From Continuing And Discontinued Operation | -78 | -27.79 | -26.35 | 1.75 |
| Total Operating Income As Reported | -33.60 | 86.27 | -42.84 | 0 |
| Diluted Average Shares | 136.85 | 139.63 | 146.41 | 145.98 |
| Basic Average Shares | 136.85 | 139.63 | 146.41 | 145.09 |
| Diluted NI Availto Com Stockholders | -78 | -27.79 | -26.35 | 1.75 |
| Minority Interests | 0.25 | 0.10 | 0.03 | -0.01 |
| Net Income Including Noncontrolling Interests | -78.25 | -27.89 | -26.39 | 1.75 |
| Net Income Continuous Operations | -78.25 | -27.89 | -26.39 | 1.75 |
| Other Income Expense | -17.09 | 21.17 | -57.74 | -16.30 |
| Other Non Operating Income Expenses | 61.24 | 14.81 | 13.76 | 0 |
| Special Income Charges | -81.75 | 18.79 | -58.29 | -18.51 |
| Gain On Sale Of Ppe | 6.88 | 40.10 | -1.11 | 16.84 |
| Other Special Charges | -0.40 | -4.53 | -55.56 | 1.52 |
| Write Off | 1.06 | 1.37 | 46.59 | 2.24 |
| Impairment Of Capital Assets | 0 | 0 | 0 | 0 |
| Restructuring And Mergern Acquisition | 87.97 | 24.47 | 66.16 | 31.59 |
| Earnings From Equity Interest | 3.42 | 2.38 | 0.55 | 2.21 |
| Gain On Sale Of Security | 0 | 0 | 0 | 0 |
| Net Non Operating Interest Income Expense | -108.37 | -111.78 | -104.70 | -97.22 |
| Interest Expense Non Operating | 108.37 | 111.78 | 104.70 | 97.22 |
| Other Operating Expenses | 1.89 | 1.57 | 19.03 | -26.32 |
| Depreciation Amortization Depletion Income Statement | 182.02 | 162.62 | 156.29 | 165.76 |
| Depreciation And Amortization In Income Statement | 182.02 | 162.62 | 156.29 | 165.76 |
| Operating Revenue | 2,945.30 | 2,663.55 | 2,509.32 | 2,302.23 |
Communication Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| USA TODAY Co., Inc.this co. | TDAY | $1.1B | 728.00↑ premium | 6.85 | 1.1% | 7.74 |
| Playtika Holding Corp. | PLTK | $1.3B | - | -3.20 | 50.2% | 4.76 |
| IDT Corporation | IDT | $1.3B | 15.56 | 3.71 | 23.0% | 8.71 |
| Sinclair, Inc. | SBGI | $1.1B | - | 2.40 | -30.3% | 10.89 |
| Genius Sports Limited | GENI | $1.1B | - |
| 1.45 |
| -15.4% |
| -6.61 |
| AMC Entertainment Holdings, Inc. | AMC | $909M | - | -0.42 | 33.4% | 24.96 |
| Anterix Inc. | ATEX | $851M | 10.45 | 3.58 | -7.3% | -20.01 |
| iHeartMedia, Inc. | IHRT | $771M | - | -0.43 | 25.9% | 11.41 |
| QuinStreet, Inc. | QNST | $767M | 157.77 | 3.04 | 1.9% | 21.34 |
| Peer Median | - | 15.56 | 1.92 | 12.5% | 9.80 | |