LEE Enterprises, Inc income statement
In fiscal 2025, LEE Enterprises, Inc reported revenue of $562m, down 8.0% on the year before, operating income of −$4.7m (a -0.8% margin) and net income of −$37.6m, or −$3.10 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Sept 2009 | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Sept 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 842 | 748 | 723 | 707 | 678 | 661 | 649 | 614 | 567 | 544 | 510 | 618 | 795 | 781 | 691 | 611 | 562 | 517 |
| Operating income | −173 | 149 | −101 | 103 | −57 | 113 | 109 | 104 | 89 | 86 | 75 | 50 | 57 | 25 | 37 | 5 | −5 | 21 |
| Interest expense | 75 | 63 | 53 | 83 | 89 | 80 | 72 | 64 | 58 | 53 | 47 | 48 | 45 | 42 | 41 | 41 | 41 | 34 |
| Income before tax | −263 | 75 | −168 | — | — | — | — | — | 40 | 31 | 24 | 3 | 32 | 1 | −3 | −31 | −43 | −7 |
| Income tax | −83 | 29 | −20 | −9 | −63 | 6 | 14 | 22 | 12 | −16 | 8 | 3 | 7 | 1 | −0 | −8 | −7 | 0 |
| Net income | −123 | 46 | −147 | −17 | −78 | 7 | 23 | 35 | 27 | 46 | 14 | −2 | 23 | −2 | −5 | −26 | −38 | −9 |
| Diluted EPS | −$1.39 | $5.15 | −$16.35 | −$1.70 | −$7.55 | $0.65 | $2.15 | $3.20 | $2.50 | $4.10 | $1.25 | −$0.17 | $1.95 | −$0.17 | −$0.45 | −$2.17 | −$3.10 | −$0.79 |
| Diluted shares (average) | — | 9m | 9m | 10m | 10m | 11m | 11m | 11m | 11m | 11m | 11m | 11m | 12m | 12m | 12m | 12m | 12m | 12m |
| EBITDA | −94 | 221 | −31 | 169 | −2 | 162 | 155 | 147 | 130 | 117 | 104 | 86 | 99 | 61 | 68 | 32 | 14 | 35 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 159 | 145 | 137 | 141 | 139 | 130 | 122 | 126 |
| Operating income | −4 | −3 | −5 | 5 | −1 | 5 | 9 | 9 |
| Interest expense | 11 | 10 | 10 | 10 | 10 | 10 | 8 | 6 |
| Income before tax | −14 | −13 | −14 | −4 | −11 | −4 | 2 | 7 |
| Income tax | −4 | 3 | −2 | −3 | −6 | 1 | 3 | 1 |
| Net income | −10 | −17 | −13 | −2 | −6 | −6 | −2 | 5 |
| Diluted EPS | −$1.67 | −$2.80 | −$2.07 | −$0.31 | −$1.04 | −$0.92 | −$0.16 | $0.21 |
| EBITDA | 3 | 3 | 1 | 8 | 2 | 9 | 12 | 12 |
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