Gannett Co., Inc. reported its second quarter 2025 financial results on July 31, 2025, demonstrating sequential improvement across key financial metrics. Total revenues were $584.9 million, an 8.6% decrease year-over-year, but digital advertising returned to year-over-year growth, increasing 4% in Q2 compared to a decline in Q1.
The company achieved a significant net income attributable to Gannett of $78.4 million, a $64.6 million improvement year-over-year. Total Adjusted EBITDA reached $64.2 million, a 27% sequential increase from Q1, with margins expanding to 11%. Free cash flow also grew 73% sequentially to $17.6 million.
Gannett announced a new $100 million annualized cost reduction program, commencing in Q3 2025, aimed at creating a lower and more variable cost structure. The company also continued its aggressive debt repayment, with nearly $100 million repaid in the first six months of 2025, and expects to exceed $135 million for the full year. Significant traction was reported in AI initiatives, including a licensing deal with Perplexity, the beta launch of Taboola’s DeeperDive, and joining the Snowflake marketplace, alongside measures to block unauthorized AI scraping.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.