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Companies / Communication Services / LEE ENTERPRISES, Inc
LEE

LEE ENTERPRISES, Inc

Communication ServicesPublishing
Ticker LEEDAVENPORT, IAFiscal year ends SeptemberBook value per share $-0.16Diluted shares 14.0M

Lee Enterprises, Incorporated (Nasdaq: LEE) operates as a leading digital-first subscription and marketing services company delivering trusted local news and information across 72 mid-sized communities in 25 states. The company maintains its corporate presence at www.lee.net and serves as an indispensable media and… From the company’s description.

Fiscal year 2025 · ends 09-29Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-28
Sales & profitability
$562.34M
−8.0% year over year
Last 12 mo $517.10M
-0.83%
−1.6 percentage points
Last 12 mo 4.05%
$-35.75M
−51.6% year over year
Last 12 mo $-7.49M
9.52%
+131.2 percentage points
Last 12 mo 424.06%
Cash & financing
$-5.54M
−596.1% year over year
Last 12 mo $-0.17M
$-7.08M
+12.4% year over year
Last 12 mo $-0.58M
-10.52
Was -45.09× a year earlier
Last 12 mo -203.00
6.1M
+2.1% year over year
Last 12 mo 14.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What LEE ENTERPRISES, Inc does

In the company’s own words

Lee Enterprises, Incorporated (Nasdaq: LEE) operates as a leading digital-first subscription and marketing services company delivering trusted local news and information across 72 mid-sized communities in 25 states. The company maintains its corporate presence at www.lee.net and serves as an indispensable media and marketing partner for the regions it covers.

The company's core business centers on three primary revenue streams: subscriptions, advertising and marketing services, and digital products. Subscription revenue, representing 46 percent of total revenue, encompasses both digital and print subscriptions supported by growing digital engagement. Advertising revenue, comprising 45 percent of revenue, is generated through comprehensive omni-channel marketing solutions including digital, print, programmatic, video, and social media campaigns. Additional revenue derives from commercial printing, distribution services, and SaaS content management solutions through BLOX Digital.

Lee's portfolio includes digital subscription platforms, daily and weekly newspapers, and specialized niche products accessible across digital and print formats. The company's flagship publications include the St. Louis Post-Dispatch, Omaha World Herald, Buffalo News, Wisconsin State Journal, and Richmond Times-Dispatch, among others. The company maintains digital-only subscribers exceeding 633,000 and serves more than 20,000 local advertisers. Its Amplified Digital agency, a suite of AI-powered marketing solutions, surpassed $100 million in revenue during fiscal 2025.

As of September 28, 2025, Lee employed approximately 2,500 employees, including approximately 270 part-time workers, with roughly 250 full-time employees represented by unions. The company operates 14 print sites producing most of its daily publications, with three publications printed at third-party facilities.

Lee's strategy emphasizes hyper-local content leadership, exceptional digital experiences, and full-spectrum marketing solutions. The company has invested substantially in digital transformation, positioning itself to capture evolving consumer preferences while maintaining its traditional print operations. Total operating revenue for fiscal 2025 reached $562 million, with digital revenue comprising $298 million of that total.

Company details
Sector
Communication Services
Industry
Publishing
Headquarters
DAVENPORT, IA
Fiscal year end
September
CIK
58361
SIC
2711

Financial performance, year by year

Fiscal 2013–2025 · USD
$-164.96M$96.75M$358.46M$620.17M$881.89M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns LEE ENTERPRISES, Inc — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

46
funds hold it
0 of 35
superinvestors hold it
$10.53M
held by funds, at market
5.2%
of shares held by funds

Largest fund holders · LEE ENTERPRISES, Inc’s weight in each

0.04%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.44%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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