USA Today Co. reported a $4.6 million net loss in Q3 2026. Revenue fell 7.4% year-over-year to $519.2 million. CEO Mike Reed blamed AI-driven changes in search behavior for the decline. The company revised its outlook, delaying its 50% digital revenue target to 2027. It is using AI to grow video advertising and branded content. USA Today Co. also cut $100 million in costs, including layoffs. It plans more cuts and new AI content licensing deals by year-end. A partnership with Palantir is now live and scaling. The figures come from a Poynter report.
What changed
USA Today Co. had two consecutive profitable quarters before Q3 2026.
What it unlocks
Using AI to expand video offerings and create AI-discoverable branded content.
- $4.6M net loss
- $39.2M net loss in Q3 2025
- 7.4% revenue decline YoY
- $519.2M revenue
Sources