- 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**.  **[0001754301_2217906_1]** **[0001754301_2217906_3]** 
- **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.  **[0001754301_2217906_2]** **[0001754301_2217906_5]** 
- 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.  **[0001754301_2217906_2]** **[0001754301_2217906_4]** 
- 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.  **[0001754301_2217906_1]** **[0001754301_2217906_5]** **[0001754301_2217906_8]** 
- 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.  **[0001754301_2217906_1]** **[0001754301_2217906_3]**

FOX Reports Strong Q1 2026 Results and Announces $1.5 Billion Accelerated Share Repurchase

- 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**.  **[0001754301_2217674_1]** **[0001754301_2217674_3]**  Adjusted EPS for the quarter was **$1.51**, a **4%** year-over-year increase.  **[0001754301_2217674_3]** 
- **Tubi achieved profitability** in Q1 2026, earlier than expected, with **27% revenue growth** and an **18% increase in total view time**.  **[0001754301_2217674_2]**  Management expects Tubi's long-term margins to be in the **20% to 25% range**.  **[0001754301_2217674_5]** 
- 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.  **[0001754301_2217674_2]** **[0001754301_2217674_4]**  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**.  **[0001754301_2217674_4]** 
- 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.  **[0001754301_2217674_1]** **[0001754301_2217674_8]**  Fox News achieved its **highest first quarter ad revenue** in its history.  **[0001754301_2217674_2]** 
- 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.  **[0001754301_2217674_1]** **[0001754301_2217674_5]** **[0001754301_2217674_9]**

FOX Reports Strong Q1 2026 Results, Tubi Achieves Profitability, and Announces $1.5 Billion ASR

- 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**.  **[0001754301_2215720_1]** **[0001754301_2215720_4]** 
- Advertising revenue grew **6%**  **[0001754301_2215720_1]** , supported by the **most robust advertising market** seen in some time.  **[0001754301_2215720_1]** **[0001754301_2215720_8]**  Tubi achieved **profitability** in the quarter, driven by **27% revenue growth** and an **18% increase in total view time**.  **[0001754301_2215720_2]** 
- The company announced a **$1.5 billion accelerated share repurchase (ASR)** transaction, comprising **$700 million Class A** and **$800 million Class B** common stock.  **[0001754301_2215720_2]** **[0001754301_2215720_5]**  Management also indicated an expectation for **more M&A activity** in the future, focusing on areas with tailwinds.  **[0001754301_2215720_8]** 
- The launch of Fox One has seen subscriber trends **exceed expectations**  **[0001754301_2215720_1]** **[0001754301_2215720_6]** , and distribution revenue grew **3%** with subscriber declines remaining **below 7%** for the third consecutive quarter.  **[0001754301_2215720_1]**

Company not found (FOX)