{"schema_version":"secwatch.filing_event.v1","accession":"0001579684-26-000008","form_type":"8-K","ticker":"TDAY","cik":"0001579684","company_name":"USA TODAY Co., Inc.","filed_at":"2026-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.518216+00:00","generated_at":"2026-05-15T23:36:01.801444+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"USA TODAY Co. Reports Q4 2025 Results with Total Adjusted EBITDA of $91.1M, Up 16.6% YoY","bullets":["Total revenues of $585.0M decreased 5.8% YoY but same-store revenue trend improved 290 bps from Q3 2025.","Total digital revenues reached $277.5M or 47.4% of total revenues, an all-time high, with digital-only subscription revenues of $45.6M.","Total Adjusted EBITDA of $91.1M, margin 15.6%, up 300 bps YoY; free cash flow of $31.5M increased 722.3% YoY.","Company repaid $136M in long-term debt during 2025, ending with over $90M cash and first lien net leverage of 2.4x.","Chairman Michael Reed highlighted several AI licensing deals accretive to EBITDA and first positive net income since 2019 merger."],"urls":{"canonical":"https://secwatch.observer/filing/0001579684-26-000008","json":"https://secwatch.observer/filing/0001579684-26-000008.json","markdown":"https://secwatch.observer/filing/0001579684-26-000008.md","text":"https://secwatch.observer/filing/0001579684-26-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1579684/000157968426000008/0001579684-26-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1579684/000157968426000008/tday-20260226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-15T23:36:01.801444+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}