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Wall Street Journal Subscriptions
Counts subscribers to The Wall Street Journal, the company’s flagship news product and a major source of recurring revenue. Rising WSJ subscriptions point to strong brand loyalty, effective paywall strategy and international expansion potential; declines highlight competitive pressure or weakening reader engagement.WSJ digital subscribers have accelerated through 2025, delivering the kind of durable, high‑margin recurring revenue that underpins Dow Jones’ record margins and the company’s stepped‑up buybacks; that subscriber momentum helps offset flat print ad trends in News Media. Watch ARPU/composition risk—management noted enterprise deals can depress per‑user revenue even as volumes rise—and one‑off items (HarperCollins write‑offs, GAAP noise) mean subscriber growth may boost cash flow and buybacks more than near‑term GAAP EPS.
Date | Digital Only | Total |
|---|---|---|
Jun 30, 2026 | 4.46M | 4.83M |
Mar 31, 2026 | 4.33M | 4.71M |
Dec 31, 2025 | 4.29M | 4.68M |
Sep 30, 2025 | 4.22M | 4.61M |
Jun 30, 2025 | 4.13M | 4.54M |
Mar 31, 2025 | 3.91M | 4.34M |
Dec 31, 2024 | 3.79M | 4.22M |
Sep 30, 2024 | 3.81M | 4.25M |
Jun 30, 2024 | 3.79M | 4.26M |
Mar 31, 2024 | 3.71M | 4.22M |