--- title: "Lee Enterprise | 8-K: FY2026 Q2 Revenue: USD 121.96 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285591308.md" datetime: "2026-05-07T17:13:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285591308.md) - [en](https://longbridge.com/en/news/285591308.md) - [zh-HK](https://longbridge.com/zh-HK/news/285591308.md) --- # Lee Enterprise | 8-K: FY2026 Q2 Revenue: USD 121.96 M Revenue: As of FY2026 Q2, the actual value is USD 121.96 M. EPS: As of FY2026 Q2, the actual value is USD -0.16. EBIT: As of FY2026 Q2, the actual value is USD 16.17 M. #### Net Loss Lee Enterprises, Incorporated reported a net loss of - $1,709 thousand for the three months ended March 29, 2026, which is an improvement from a net loss of - $12,015 thousand for the same period in the prior year. The net loss attributable to Lee Enterprises, Incorporated was - $2,148 thousand for the three months ended March 29, 2026, compared to - $12,511 thousand in the prior year quarter, representing an 86% improvement, or $10 million. For the six months ended March 29, 2026, the net loss was - $6,835 thousand, compared to - $28,239 thousand for the six months ended March 30, 2025. #### Adjusted EBITDA Adjusted EBITDA totaled $15,125 thousand for the three months ended March 29, 2026, an increase of 95% or $7 million over the prior year quarter. This marks the fourth consecutive quarter of Adjusted EBITDA growth on a comparable basis. The Q2 2026 results included $4 million in insurance reimbursements related to a prior year cyber event; excluding these, the underlying operating performance still drove a 45% year-over-year Adjusted EBITDA growth. For the six months ended March 29, 2026, Adjusted EBITDA was $27,406 thousand, compared to $15,377 thousand for the six months ended March 30, 2025. #### Operating Expenses and Cash Costs Operating expenses totaled $114,430 thousand for the three months ended March 29, 2026, a 20% decrease compared to the prior year. These expenses were reduced by $3,840 thousand due to business interruption insurance recoveries and $1 million from cyber incident insurance recoveries. Excluding these recoveries, operating expenses decreased 17% compared to the prior year. Cash Costs totaled $112,015 thousand for the three months ended March 29, 2026, representing a 15% decrease compared to the prior year. For the six months ended March 29, 2026, operating expenses were $240,364 thousand, compared to $292,074 thousand for the six months ended March 30, 2025. Cash Costs for the six months ended March 29, 2026, were $233,225 thousand, compared to $269,775 thousand for the six months ended March 30, 2025. #### Debt and Cash Position The company has $455 million of debt outstanding under its Credit Agreement. The fixed annual interest rate on the term loan was reduced from 9% to 5% for a five-year period, expected to result in approximately $18 million in annual interest expense savings, or up to $90 million over the next five years. Cash on the balance sheet totaled $53 million as of March 29, 2026, an increase of $49 million year-over-year. Debt, net of cash on the balance sheet, totaled $402 million. #### Capital Expenditures and Income Taxes Capital expenditures totaled $1 million for the quarter ended March 29, 2026. Lee Enterprises, Incorporated expects up to $8 million of capital expenditures in FY26. Cash paid for income taxes is expected to total between $2 million and $8 million in FY26, with no pension contributions expected in the fiscal year. #### Digital-Only Subscribers Digital-only subscribers totaled 591,000 at the end of the quarter. Digital-only subscription revenue increased 17% annually over the past three years. #### Outlook / Guidance Lee Enterprises, Incorporated reaffirms its guidance for year-over-year Adjusted EBITDA growth in fiscal year 2026, expecting growth in the mid-single digits. The company anticipates continued margin improvement and enhanced scalability of its business, alongside meaningful interest expense savings due to the reduced interest rate. Furthermore, Lee Enterprises, Incorporated aims to be sustainable without reliance on print media as a long-term objective. ### Related Stocks - [LEE.US](https://longbridge.com/en/quote/LEE.US.md) ## Related News & Research - [Insider Power Move: Lee Enterprises Director Quietly Boosts His Bet](https://longbridge.com/en/news/286495874.md) - [Lee Enterprises 1Q 2026: Revenue $122M, EPS $(0.16) — 10-Q Summary](https://longbridge.com/en/news/285763810.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [Plex is tripling the price of a lifetime pass to $750 after doubling it last year](https://longbridge.com/en/news/286975868.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md)