Profitability:
Digital profitability is improving, with Q2 2026 digital operating income up 27% and Adjusted EBITDA up 18% alongside margin expansion. This points to operating leverage in the growing digital segments.
Diversified Revenue Streams:
A mix shift toward licensing, AI/content syndication (including a Meta partnership), Apple News, and performance marketing is expanding beyond website revenue. Non-session-based revenue rose 16% in Q2 2026.
Resilient & Sustainable Growth:
Digital revenue has grown for 11 consecutive quarters, including 6% growth in Q2 2026, and rose to about $1.11 billion in FY2025. Management expects mid- to high-single-digit digital growth in 2026.
