Digital Publishing News.Search

The business of publishing

Understand publisher earnings, acquisitions, reader revenue and operating costs.

HY2025 to HY2026: revenue £378.4m to £349.1m; adjusted EBITDA £109.8m to £83.3m; calculated margin 29.0% to 23.9%.

Future’s first-half 2026 results: revenue fell 8% and adjusted earnings fell 24%

Revenue fell 8%, while company-reported adjusted earnings before interest, tax, depreciation and amortization fell 24%. The comparison explains the lower margin.

More publisher business articles

Terms explained