I notice the filing content appears to be cut off before the complete financial statements and MD&A sections. However, there is sufficient substantive content to produce an article based on what is available. Let me work with the data present in the filing.

USA TODAY Co., Inc. filed its Form 10-Q for the quarterly period ended June 30, 2026 with the Securities and Exchange Commission, reporting condensed consolidated financial results for the three and six months ended June 30, 2026.

Key Highlights

  • Total revenues (Q2 2026): $536,337 thousand for the three months ended June 30, 2026, compared with $584,861 thousand in Q2 2025, according to the filing.
  • Six-month revenues: $1,084,822 thousand for the six months ended June 30, 2026, versus $1,156,434 thousand for the same period in 2025, as reported.
  • Digital revenue (Q2 2026): $254,320 thousand for the three months ended June 30, 2026, compared with $265,435 thousand in Q2 2025.
  • Print and commercial revenue (Q2 2026): $282,017 thousand for the three months ended June 30, 2026, compared with $319,426 thousand in Q2 2025.
  • Total assets: $1,790,811 thousand as of June 30, 2026, down from $1,837,158 thousand as of December 31, 2025.
  • Accumulated deficit: $(1,022,781) thousand as of June 30, 2026, compared with $(1,051,797) thousand as of December 31, 2025.
  • Shares outstanding: 146,817,941 shares of common stock as of August 3, 2026, per the filing.

USA TODAY Co. Q2 2026 Revenue Decline and Balance Sheet Snapshot

USA TODAY Co., Inc. (New York Stock Exchange: TDAY), headquartered at 175 Sully's Trail, Suite 203, Pittsford, New York, reported total revenues of $536,337 thousand for the three months ended June 30, 2026, according to the filing. This compares with $584,861 thousand for the three months ended June 30, 2025. For the six-month period ended June 30, 2026, total revenues were $1,084,822 thousand, versus $1,156,434 thousand for the corresponding period in 2025. The company disclosed that revenues are split between digital and print and commercial segments.

On the cost side, the filing reported operating costs of $328,089 thousand for Q2 2026, compared with $359,448 thousand in Q2 2025. Selling, general and administrative expenses were $154,419 thousand for Q2 2026, versus $164,097 thousand in Q2 2025. Depreciation and amortization declined to $31,219 thousand in Q2 2026 from $42,644 thousand in Q2 2025. Integration and reorganization costs were $2,302 thousand for Q2 2026, compared with $12,318 thousand in Q2 2025. Interest expense was $20,944 thousand for Q2 2026, compared with $24,395 thousand in Q2 2025.

As of June 30, 2026, the company reported total assets of $1,790,811 thousand and total liabilities of $1,637,549 thousand. Cash and cash equivalents stood at $86,657 thousand, down from $90,213 thousand at December 31, 2025. Long-term debt was $639,410 thousand and convertible debt was $240,043 thousand as of June 30, 2026. Total USA TODAY Co. stockholders' equity was $153,745 thousand at June 30, 2026. The filing noted that the company is classified as an accelerated filer and is not a shell company. The filing also noted forward-looking statements are subject to the company's cautionary language and various risk factors identified in the report.

What Was Disclosed

USA TODAY Co., Inc. disclosed its unaudited condensed consolidated balance sheet, statements of operations, and key financial figures for the three and six months ended June 30, 2026, including revenue by segment, operating costs, debt levels, and share count.