Research analysts covering FOX.
Recent press releases and 8-K filings for FOX.
Fox Corporation Highlights Record FY25 Performance and Strategic Growth Areas
FOX
Revenue Acceleration/Inflection
Share Buyback
New Projects/Investments
- Fox Corporation achieved record revenue, EBITDA, and free cash flow in fiscal 2025, driven by its distinct asset collection in news, sports, and digital investments.
- The company is experiencing a robust advertising market, with a structural shift benefiting broadcast sports, news, and streaming platforms. Its digital platform, Tubi, reported 27% ad revenue growth and achieved profitability in Q1.
- Fox holds significant value in sports betting, with an investment in Flutter and an option over FanDuel, representing a total value of $3.4 billion.
- The company continues to prioritize shareholder returns through stock buybacks, including a $1.5 billion Accelerated Share Repurchase (ASR), bringing total capital returned to shareholders to over $10 billion.
- Digital net investment is trending better than the previously suggested $350 million drag for the year, with Tubi and FOX One performing better than expected.
Dec 8, 2025, 3:30 PM
Fox CFO Steve Tomsic Discusses Record Fiscal 2025, Strategic Priorities, and Capital Allocation
FOX
Share Buyback
New Projects/Investments
Revenue Acceleration/Inflection
- Fox Corporation achieved record revenue, EBITDA, and free cash flow in fiscal 2025, with fiscal 2026 priorities centered on investing in core news and sports verticals, digital businesses, and major events like the FIFA World Cup.
- The advertising market is robust for Fox, particularly in broadcast sports, news, and streaming, with Fox News adding 350 advertisers in fiscal 2025.
- Tubi reached profitability in Q1, driven by 18% engagement growth and 27% ad revenue growth, and is expected to be annually break-even soon, with a long-term target of 20%-25% EBITDA margins.
- Fox's sports betting assets, including an investment in Flutter and an option for 18.6% of FanDuel, are valued at $3.4 billion.
- The company announced a $1.5 billion Accelerated Share Repurchase (ASR), contributing to over $10 billion in total capital returned to shareholders since its inception.
Dec 8, 2025, 3:30 PM
FOX CFO Discusses Fiscal 2025 Performance, 2026 Priorities, and Digital Growth
FOX
Earnings
Share Buyback
New Projects/Investments
- FOX reported record revenue, EBITDA, and free cash flow for fiscal 2025, with strong engagement across its assets, and plans to continue investing in its core news and sports verticals in fiscal 2026.
- The company is experiencing a robust advertising market, particularly in broadcast sports, news, and streaming, as ad dollars shift from linear cable. Key events like the Big Ten Championship saw a significant increase in advertisers.
- Tubi achieved profitability in Q1, a notable turnaround from a $200 million loss in the prior fiscal year, driven by 18% engagement growth and 27% ad revenue growth. FOX expects its total digital net investment for the year to be below $350 million, with Tubi and Fox One performing better than anticipated.
- FOX's sports betting assets, including an investment in Flutter and an option for 18.6% of FanDuel, are valued at $3.4 billion. The company also announced a $1.5 billion Accelerated Share Repurchase (ASR), contributing to over $10 billion in capital returned to shareholders since its inception.
Dec 8, 2025, 3:30 PM
FOX Reports Strong Q1 2026 Results, Tubi Achieves Profitability, and Announces $1.5 Billion ASR
FOX
Earnings
Share Buyback
New Projects/Investments
- Fox Corporation reported a strong start to fiscal Q1 2026, with revenue growth of 5% and EBITDA growth of 2% to $1.07 billion, driven by a 6% increase in advertising revenue. Adjusted EPS for the quarter was $1.51, a 4% year-over-year increase.
- Tubi achieved profitability in Q1 2026, earlier than expected, with 27% revenue growth and an 18% increase in total view time. Management expects Tubi's long-term margins to be in the 20% to 25% range.
- The company announced a $1.5 billion accelerated share repurchase (ASR) transaction, comprising $700 million of Class A and $800 million of Class B common stock, which is expected to be completed in the second half of fiscal 2026. This initiative is supported by a strong balance sheet, ending the quarter with approximately $4.4 billion in cash and $6.6 billion in debt.
- The advertising market is described as the most robust seen since 2019, with strong performance across news, sports, entertainment, and Tubi, despite the absence of political revenue from the prior year. Fox News achieved its highest first quarter ad revenue in its history.
- Fox One, launched two months prior, has exceeded subscriber expectations and is seeing strong engagement across news and sports, with partnerships including ESPN and Verizon.
Oct 30, 2025, 12:00 PM
FOX Reports Strong Q1 2026 Earnings and Announces $1.5 Billion Share Repurchase
FOX
Earnings
Share Buyback
New Projects/Investments
- FOX reported a strong start to fiscal 2026 with 5% revenue growth and 2% EBITDA growth to $1.07 billion in Q1 2026, alongside a 4% increase in adjusted EPS to $1.51.
- Advertising revenue grew 6% , supported by the most robust advertising market seen in some time. Tubi achieved profitability in the quarter, driven by 27% revenue growth and an 18% increase in total view time.
- The company announced a $1.5 billion accelerated share repurchase (ASR) transaction, comprising $700 million Class A and $800 million Class B common stock. Management also indicated an expectation for more M&A activity in the future, focusing on areas with tailwinds.
- The launch of Fox One has seen subscriber trends exceed expectations , and distribution revenue grew 3% with subscriber declines remaining below 7% for the third consecutive quarter.
Oct 30, 2025, 12:00 PM
FOX Reports Strong Q1 2026 Results and Announces $1.5 Billion Accelerated Share Repurchase
FOX
Earnings
Share Buyback
New Projects/Investments
- FOX reported a strong start to fiscal Q1 2026 with 5% revenue growth and 2% EBITDA growth to $1.07 billion, with adjusted EPS increasing 4% to $1.51.
- Tubi achieved profitability in Q1 2026, earlier than anticipated, and is expected to contribute meaningfully to EBITDA with long-term margins in the 20%-25% range.
- The company announced a $1.5 billion accelerated share repurchase (ASR) transaction, split between Class A and Class B common stock, commencing October 31, 2025, and supported by $4.4 billion in cash on the balance sheet.
- FOX launched Fox One, a new direct-to-consumer bundle, which has exceeded expectations, and is experiencing its strongest advertising market since 2019 across its news and sports verticals.
- Distribution revenue grew 3% in Q1 2026, with linear subscriber declines remaining below 7% for the third consecutive quarter, and the company expects continued total company distribution revenue growth for the full year.
Oct 30, 2025, 12:00 PM
Quarterly earnings call transcripts for FOX.
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