Risk Sleuth
NYT · 10-K filed 27 Feb 2026 · year to 31 Dec 2025

The New York Times

20 named things its latest annual report says its results depend on, each in the company's own words. 11 of them are also named by other companies we've read.

Suppliers

Third-party print sites

depends on · 20 remote print sitesnamed as a risk
The Times is currently printed at our production and distribution facility in College Point, N.Y., as well as under contract at 20 remote print sites across the United States.Business (Item 1)

Domtar Corporation

depends on · A significant portion of our newsprint
A significant portion of our newsprint is purchased from Domtar Corporation, a large global manufacturer and distributor of paper, market pulp and wood products.Business (Item 1)

Also named by PKG

Partners and platforms

Third-party platforms (affiliate referral and licensing)

depends on · a significant portion of our affiliate referral and licensing revenuenamed as a risk
Further, we rely on third-party platforms for a significant portion of our affiliate referral and licensing revenue while competing with such platforms for product discovery and product recommendation.Risk factors (Item 1A)

Apple

depends onnamed as a risk
For example, some of our subscribers choose to subscribe to our products through apps on operating systems run by Apple and Alphabet.Risk factors (Item 1A)

Also named by ABNB, AMKR, BBY, BKNG, CDW, GLW, INTC, META and 5 more

PayPal

depends onnamed as a risk
We accept payments through third parties using a variety of different payment methods, including credit and debit cards and direct debit, as well as alternative payment methods such as PayPal.Risk factors (Item 1A)

Also named by AFRM, DASH, EBAY, FERG, SYF

Alphabet

depends onnamed as a risk
Individual consumers can subscribe to our products directly or through third-party app stores operated by Apple and Alphabet.Business (Item 1)

Also named by IBM

Other companies

Labor unions

Approximately 43% of our full-time equivalent employeesnamed as a risk
Approximately 43% of our full-time equivalent employees were represented by unions as of December 31, 2025.Risk factors (Item 1A)

Also named by ECG, EME, HCA, JLL, LUV, MAR, NSC, SGI and 2 more

The New York Times Guild

approximately 23% of our full-time equivalent employeesnamed as a risk
As indicated below, our collective bargaining agreement with The New York Times Guild, under which approximately 23% of our full-time equivalent employees are covered, will expire on February 28, 2026.Business (Item 1)

Print advertising

earns from · approximately 27% of our advertising revenuesnamed as a risk
In 2025, print advertising represented approximately 27% of our advertising revenues.Business (Item 1)

Ochs family trust

approximately 95% of the Class B Common Stocknamed as a risk
A family trust holds approximately 95% of the Class B Common Stock.Risk factors (Item 1A)

Digital advertising

earns from · approximately 73% of our advertising revenues
In 2025, digital advertising represented approximately 73% of our advertising revenues.Business (Item 1)

Also named by RDDT

NewsGuild of New York

named as a risk
In addition, we and the NewsGuild of New York (the “Guild”) jointly sponsor a defined benefit plan that continues to accrue active benefits for certain employees represented by the Guild.Risk factors (Item 1A)

Competitors

OpenAI

competes withnamed as a risk
Our news and lifestyle products compete for audience, subscriptions, advertising, affiliate referrals and licensees with other providers of U.S. and global news and lifestyle information, from companies such as The Wall Street Journal, The Washington Post, CNN, BBC News, The Guardian, Financial Times, ESPN and other general interest and vertical media; and with customized news feeds, news aggregators, social media products, chatbots and other products and tools powered by generative AI, from companies such as Apple, Alphabet, ByteDance, Meta Platforms, Microsoft, OpenAI, Perplexity and X.Business (Item 1)

Also named by AMD, COMP, CRWV, HOOD, MRNA, MSFT, NVDA, PVH and 3 more

Places

International subscribers

earns from · approximately 26% of our total digital-only subscriptions
International subscribers with a paid digital-only subscription represented approximately 26% of our total digital-only subscriptions as of December 31, 2025.Business (Item 1)

College Point, N.Y. production and distribution facility

operates innamed as a risk
The Times newspaper, as well as other commercial print products, are printed at our production and distribution facility in College Point, N.Y.Risk factors (Item 1A)

Commodities and inputs

Newsprint

exposed to its price · 51,000 metric tonsnamed as a risk
A significant increase in newsprint prices or a significant disruption in our or our partners’ newsprint supply chain would adversely affect our operating results.Risk factors (Item 1A)

Also named by DJCO

Laws and programs

Credit Facility

$400 millionnamed as a risk
We are party to a revolving credit agreement that provides for a $400 million unsecured credit facility (the “Credit Facility”).Risk factors (Item 1A)

Also named by AM, AR, AROC, BSM, CGBD, CLS, CVLG, CWST and 5 more

Multiemployer pension plans

subject to · three multiemployer pension plansnamed as a risk
We participate in, and make periodic contributions to, three multiemployer pension plans.Risk factors (Item 1A)

Also named by ECG, IBP, LYV, MDLZ, PWR, RSG, STRL, TJX and 3 more

Non-qualified pension plans

approximately $166 millionnamed as a risk
In addition, we sponsor several non-qualified pension plans, with unfunded obligations totaling approximately $166 million as of December 31, 2025.Risk factors (Item 1A)

Technology

Generative AI

named as a risk
These products have adversely impacted, and we expect will continue to adversely impact, our traffic; audience size; current and potential subscriber, advertiser and licensee demand; and our brand and reputation (e.g., through misattribution of incorrect information to us), resulting in harm to existing and potential revenue streams.Risk factors (Item 1A)

Also named by OMC