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Supplemental equity and other information (Tables)

12 Months Ended

Dec. 31, 2025

Equity [Abstract]

Schedule of Income (Loss) per share (Basic and Diluted)

The following table sets forth the information to compute basic and diluted Income (loss) per share:

	Year ended December 31,
In thousands, except per share data	2025		2024		2023
Net income (loss) attributable to USA TODAY Co.	$1,749		$(26,354)		$(27,791)
Basic weighted average shares outstanding	145,095		142,516		139,633
Effect of dilutive securities:
Restricted stock grants (a)	882		—		—
Diluted weighted average shares outstanding	145,977		142,516		139,633
Income (loss) per share attributable to USA TODAY Co. - basic	$0.01		$(0.18)		$(0.20)
Income (loss) per share attributable to USA TODAY Co. - diluted	$0.01		$(0.18)		$(0.20)

(a) Includes restricted stock awards ("RSA"), restricted stock units ("RSU") and performance stock units ("PSU").

Schedule of Securities From Computation of Diluted Income (Loss) Per Share

The Company excluded the following securities from the computation of diluted Income (loss) per share because their

effect would have been antidilutive:

	Year ended December 31,
In thousands	2025		2024		2023
2027 Notes(a)	4,822		7,612		97,057
2031 Notes(b)	44,745		44,745		—
Restricted stock grants(c)	—		7,267		8,608
Stock options	4,716		5,416		6,068

(a)Represents the total number of shares that would have been convertible as of December 31, 2025, 2024 and 2023 as stipulated in the 2027 Notes Indenture.

(b)Represents the total number of shares that would have been convertible as of December 31, 2025 and 2024 as stipulated in the 2031 Notes Indenture.

(c) Includes restricted stock awards ("RSA"), restricted stock units ("RSU") and performance stock units ("PSU").

Schedule of Nonvested RSA, RSU and PSU Activity

The following table outlines RSA activity:

	Year ended December 31,
	2025				2024				2023
	Number of RSAs (In thousands)		Weighted- average grant date fair value		Number of RSAs (In thousands)		Weighted- average grant date fair value		Number of RSAs (In thousands)		Weighted- average grant date fair value
Unvested at beginning of year	4,161		$2.71		8,456		$3.09		8,616		$4.40
Granted	332		3.53		272		4.04		5,171		1.87
Vested	(3,013)		3.17		(4,024)		3.57		(3,910)		4.11
Forfeited	(374)		2.27		(543)		3.01		(1,421)		3.68
Unvested at end of year	1,106		$1.86		4,161		$2.71		8,456		$3.09

The following table outlines RSU and PSU activity:

	Year ended December 31,
	2025				2024				2023
	Number of RSUs & PSUs (In thousands)		Weighted- average grant date fair value		Number of RSUs & PSUs (In thousands)		Weighted- average grant date fair value		Number of RSUs & PSUs (In thousands)		Weighted- average grant date fair value
Unvested at beginning of year	3,114		$4.10		181		$1.83		1,000		$3.04
Granted(a)	2,782		4.17		3,074		4.15		332		1.83
Vested	(1,179)		3.59		—		—		(152)		3.04
Forfeited and canceled(b)	(532)		4.39		(141)		2.44		(999)		2.85
Unvested at end of year	4,185		$4.25		3,114		$4.10		181		$1.83

(a) There were no RSUs granted during the year ended December 31, 2023.

(b)For the year ended December 31, 2025, there were no PSUs and RSUs canceled by the Company. For the years ended December 31, 2024 and 2023, the

Company canceled 15 thousand, and 900 thousand, respectively, of PSUs and RSUs.

Schedule of Accumulated Other Comprehensive Income (Loss)

The following tables summarize the components of, and the changes in, Accumulated other comprehensive income (loss),

net of tax:

In thousands	Pension and postretirement benefit plans		Foreign currency translation		Total
Balance at December 31, 2022	$(86,351)		$(14,880)		$(101,231)
Other comprehensive income before reclassifications	22,639		13,683		36,322
Amounts reclassified from accumulated other comprehensive income(a)(b)	(632)		—		(632)
Current period other comprehensive income	22,007		13,683		35,690
Balance at December 31, 2023	$(64,344)		$(1,197)		$(65,541)
Other comprehensive income (loss) before reclassifications	8,981		(14)		8,967
Amounts reclassified from accumulated other comprehensive income (loss)(a)(b)	410		—		410
Current period other comprehensive income (loss)	9,391		(14)		9,377
Balance at December 31, 2024	$(54,953)		$(1,211)		$(56,164)
Other comprehensive (loss) income before reclassifications	(10,096)		16,313		6,217
Amounts reclassified from accumulated other comprehensive (loss) income(a)(b)(c)	(8,958)		—		(8,958)
Current period other comprehensive (loss) income	(19,054)		16,313		(2,741)
Balance at December 31, 2025	$(74,007)		$15,102		$(58,905)

(a)Accumulated other comprehensive income (loss) component represents amortization of actuarial gain (loss) and is included in the computation of net

periodic benefit cost. See Note 10 — Pensions and other postretirement benefit plans.

(b) Amounts reclassified from accumulated other comprehensive income (loss) are recorded net of income tax benefit of $2.9 million for the year ended

December 31, 2025, net of income tax provision of $0.1 million for the year ended December 31, 2024 and net of income tax benefit of $0.2 million for the

year ended December 31, 2023.

(c) Amounts reclassified from accumulated other comprehensive income (loss) include a net pension settlement gain of $11.8 million ($8.9 million, net of tax)

for the year ended December 31, 2025.

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