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Revenues
9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenues
NOTE 2 — Revenues

Revenues are recognized when control of the promised goods or services is transferred to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services.

The Company's condensed consolidated statements of operations and comprehensive income (loss) present revenues disaggregated by revenue type. Sales taxes and other usage-based taxes are excluded from revenues.
The following tables present our revenues disaggregated by segment and revenue type:

Three months ended September 30, 2025
In thousandsDomestic Gannett MediaNewsquestDigital Marketing SolutionsCorporateIntersegment eliminationsConsolidated
Digital advertising$73,014 $14,162 $— $— $— $87,176 
Digital marketing services31,273 2,326 114,418 — (33,224)114,793 
Digital-only subscription41,303 2,410 — — — 43,713 
Digital other
12,515 3,023 — 1,524 — 17,062 
Digital158,105 21,921 114,418 1,524 (33,224)262,744 
Print advertising94,691 17,830 — — — 112,521 
Print circulation121,896 16,577 — — — 138,473 
Commercial and other(a)
42,363 4,695 — — — 47,058 
Print and commercial258,950 39,102    298,052 
Total revenues(b)
$417,055 $61,023 $114,418 $1,524 $(33,224)$560,796 
(a)     For the three months ended September 30, 2025, included Commercial printing and delivery revenues of $26.5 million and $2.7 million at the Domestic Gannett Media and Newsquest segments, respectively.
(b)     Revenues generated from international operations comprised 12.9% of total revenues for the three months ended September 30, 2025.

Three months ended September 30, 2024
In thousandsDomestic Gannett MediaNewsquestDigital Marketing SolutionsCorporateIntersegment eliminationsConsolidated
Digital advertising$71,224 $13,518 $— $— $— $84,742 
Digital marketing services34,712 1,915 119,929 — (36,980)119,576 
Digital-only subscription48,111 1,944 — — — 50,055 
Digital other
18,784 2,798 — 1,431 — 23,013 
Digital172,831 20,175 119,929 1,431 (36,980)277,386 
Print advertising105,885 18,044 — — — 123,929 
Print circulation140,436 16,859 — — — 157,295 
Commercial and other(a)
49,359 4,470 — — — 53,829 
Print and commercial295,680 39,373    335,053 
Total revenues(b)
$468,511 $59,548 $119,929 $1,431 $(36,980)$612,439 
(a)     For the three months ended September 30, 2024, included Commercial printing and delivery revenues of $32.9 million and $2.6 million at the Domestic Gannett Media and Newsquest segments, respectively.
(b)     Revenues generated from international operations comprised 11.4% of total revenues for the three months ended September 30, 2024.
Nine months ended September 30, 2025
In thousandsDomestic Gannett MediaNewsquestDigital Marketing SolutionsCorporateIntersegment eliminationsConsolidated
Digital advertising$219,619 $38,809 $— $— $— $258,428 
Digital marketing services97,170 6,264 340,605 — (102,569)341,470 
Digital-only subscription123,020 6,625 — — — 129,645 
Digital other
35,373 9,076 — 4,581 — 49,030 
Digital475,182 60,774 340,605 4,581 (102,569)778,573 
Print advertising305,399 54,590 — — — 359,989 
Print circulation382,778 48,884 — — — 431,662 
Commercial and other(a)
133,065 13,941 — — — 147,006 
Print and commercial821,242 117,415    938,657 
Total revenues(b)
$1,296,424 $178,189 $340,605 $4,581 $(102,569)$1,717,230 
(a)     For the nine months ended September 30, 2025, included Commercial printing and delivery revenues of $85.1 million and $7.7 million at the Domestic Gannett Media and Newsquest segments, respectively.
(b)     Revenues generated from international operations comprised 12.2% of total revenues for the nine months ended September 30, 2025.

Nine months ended September 30, 2024
In thousandsDomestic Gannett MediaNewsquestDigital Marketing SolutionsCorporateIntersegment eliminationsConsolidated
Digital advertising$213,087 $40,586 $— $— $— $253,673 
Digital marketing services106,765 5,928 360,772 — (114,162)359,303 
Digital-only subscription134,644 5,172 — — — 139,816 
Digital other
58,025 8,153 — 4,293 — 70,471 
Digital512,521 59,839 360,772 4,293 (114,162)823,263 
Print advertising340,504 57,005 — — — 397,509 
Print circulation443,372 50,569 — — — 493,941 
Commercial and other(a)
159,742 13,585 — — — 173,327 
Print and commercial943,618 121,159    1,064,777 
Total revenues(b)
$1,456,139 $180,998 $360,772 $4,293 $(114,162)$1,888,040 
(a)     For the nine months ended September 30, 2024, included Commercial printing and delivery revenues of $110.7 million and $7.6 million at the Domestic Gannett Media and Newsquest segments, respectively.
(b)     Revenues generated from international operations comprised 11.2% of total revenues for the nine months ended September 30, 2024.
Deferred revenues

The Company records deferred revenues when cash payments are received in advance of the Company's performance obligation. The Company's primary source of deferred revenues is from circulation subscriptions paid in advance of the service provided, which represents future delivery of publications (the performance obligation) to subscription customers. The Company expects to recognize the revenue related to unsatisfied performance obligations over the next one to twelve months in accordance with the terms of the subscriptions.

The Company's payment terms vary by the type and location of the customer and the products or services offered. The period between invoicing and when payment is due is not significant. For certain products or services and customer types, the Company requires payment before the products or services are delivered to the customer. The majority of our subscription customers are billed and pay on monthly terms.
The following table presents the change in the deferred revenues balance:

Nine months ended September 30,
In thousands20252024
Beginning balance$108,000 $120,502 
Receipts, net of refunds709,041 795,425 
Revenue recognized(709,291)(807,621)
Ending balance$107,750 $108,306