In fiscal 2025, which ended Sep 28, 2025, Lee Enterprises, Inc reported revenue of $562.3 million, down 8.0% from the year before. It recorded a net loss of $37.6 million. The operating loss came to $4.7 million, an operating margin of -0.8%. Diluted earnings per share were -$6.20. Over the twelve months ended Jun 28, 2026, revenue was $517.1 million and the net loss was $9.5 million. Across the 10 fiscal years shown, revenue shrank from $614.4 million in fiscal 2016 to $562.3 million in fiscal 2025, about 1.0% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2026
Jun 28, 2026
|
FY 2025
Sep 28, 2025
|
FY 2024
Sep 29, 2024
|
FY 2023
Sep 24, 2023
|
FY 2022
Sep 25, 2022
|
FY 2021
Sep 26, 2021
|
FY 2020
Sep 27, 2020
|
FY 2019
Sep 29, 2019
|
FY 2018
Sep 30, 2018
|
FY 2017
Sep 24, 2017
|
FY 2016
Sep 25, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
517
-11.1%
|
562
-8.0%
|
611
-11.5%
|
691
-11.5%
|
781
-1.7%
|
795
+28.6%
|
618
+21.2%
|
510
-6.3%
|
544
-4.1%
|
567
-7.7%
|
614
-5.3%
|
| Restructuring and impairment |
20
-23.5%
|
26
+34.3%
|
19
+51.9%
|
13
-44.2%
|
23
+216.3%
|
7
-47.8%
|
14
+18.2%
|
12
+109.6%
|
6
-26.2%
|
8
+312.2%
|
2
-44.8%
|
| Operating income |
21
+405.3%
|
-5
-202.3%
|
5
-87.8%
|
37
+49.6%
|
25
-56.1%
|
57
+12.5%
|
50
-32.7%
|
75
-12.8%
|
86
-3.9%
|
89
-14.3%
|
104
-4.9%
|
| Other income (expense) |
-28
+25.6%
|
-38
-6.4%
|
-36
+11.2%
|
-40
-67.3%
|
-24
+1.8%
|
-25
+48.3%
|
-47
+6.8%
|
-51
+7.3%
|
-55
-12.2%
|
-49
-6.8%
|
-46
+35.9%
|
| Pretax income |
-7
+83.6%
|
-43
-36.8%
|
-31
-911.8%
|
-3
-487.7%
|
1
-97.5%
|
32
+1027.2%
|
3
-88.1%
|
24
|
—
|
—
|
—
|
| Income tax |
0
+102.9%
|
-7
+9.3%
|
-8
-2080.5%
|
-0
-150.0%
|
1
-90.4%
|
7
+144.0%
|
3
-62.5%
|
8
+148.9%
|
-16
-239.8%
|
12
-47.6%
|
22
+63.1%
|
| Net income |
-9
+77.0%
|
-38
-45.5%
|
-26
-390.7%
|
-5
-161.1%
|
-2
-108.9%
|
23
+1251.6%
|
-2
-113.8%
|
14
-68.8%
|
46
+66.5%
|
27
-21.4%
|
35
+49.9%
|
| Basic EPS |
-0.79
+88.4%
|
-6.20
-42.5%
|
-4.35
-383.3%
|
-0.90
-157.1%
|
-0.35
-108.8%
|
3.98
+1237.1%
|
-0.35
-113.6%
|
2.57
+206.0%
|
0.84
+64.7%
|
0.51
-22.7%
|
0.66
+50.0%
|
| Diluted EPS |
-0.79
+88.4%
|
-6.20
-42.5%
|
-4.35
-383.3%
|
-0.90
-157.1%
|
-0.35
-109.0%
|
3.90
+1214.3%
|
-0.35
-113.9%
|
2.51
+206.1%
|
0.82
+64.0%
|
0.50
-21.9%
|
0.64
+48.8%
|
| Weighted average shares, basic |
12
+99.0%
|
6
+2.1%
|
6
+1.3%
|
6
+1.5%
|
6
+1.1%
|
6
+1.1%
|
6
+1.8%
|
6
-89.8%
|
55
+1.3%
|
54
+1.5%
|
53
+1.1%
|
| Weighted average shares, diluted |
12
+99.0%
|
6
+2.1%
|
6
+1.3%
|
6
+1.5%
|
6
-0.8%
|
6
+2.3%
|
6
+0.1%
|
6
-89.8%
|
56
+1.0%
|
55
+2.2%
|
54
+0.5%
|
| Other measures | |||||||||||
| Depreciation and amortization |
14
-33.4%
|
19
-31.8%
|
28
-9.8%
|
31
-16.2%
|
37
-14.7%
|
43
+18.6%
|
36
+23.2%
|
29
-7.7%
|
32
-23.1%
|
41
-5.0%
|
43
-4.7%
|
| EBITDA |
35
+141.8%
|
14
-55.9%
|
32
-52.6%
|
68
+10.4%
|
61
-38.2%
|
99
+15.0%
|
86
-17.0%
|
104
-11.4%
|
117
-9.9%
|
130
-11.5%
|
147
-4.8%
|
| Interest coverage |
0.62x
|
-0.11x
|
0.11x
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Margins | |||||||||||
| Operating margin |
4.05%
|
-0.83%
|
0.74%
|
5.38%
|
3.18%
|
7.12%
|
8.14%
|
14.66%
|
15.75%
|
15.72%
|
16.93%
|
| Pretax margin |
-1.42%
|
-7.58%
|
-5.10%
|
-0.45%
|
0.10%
|
4.03%
|
0.46%
|
4.68%
|
—
|
—
|
—
|
| Profit margin |
-1.84%
|
-6.69%
|
-4.23%
|
-0.76%
|
-0.26%
|
2.86%
|
-0.32%
|
2.80%
|
8.41%
|
4.85%
|
5.69%
|
| EBITDA margin |
6.80%
|
2.52%
|
5.26%
|
9.81%
|
7.86%
|
12.51%
|
13.98%
|
20.41%
|
21.59%
|
23.00%
|
24.00%
|
| Effective tax rate |
—
|
—
|
—
|
—
|
87.80%
|
22.64%
|
104.57%
|
33.27%
|
—
|
—
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Newspapers: Publishing or Publishing & Printing (SIC 2711)
- Listed as
- LEE (Nasdaq)
- Fiscal year ends
- September 29
- Incorporated in
- DE
- Headquarters
- Davenport, IA
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 58361
- Former names
- LEE ENTERPRISES INC (until Jun 9, 2005)
Other Newspapers: Publishing or Publishing & Printing companies
- News Corp NWSA
- New York Times Co NYT
- Daily Journal Corp DJCO
- USA TODAY Co., Inc. TDAY
All 5 Newspapers: Publishing or Publishing & Printing companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.