- Fox Corporation reported revenue of $4.21 billion for the quarter, a 28% year-over-year increase and more than the $3.64 billion expected by analysts according to Yahoo Finance. Revenue for the 2026 fiscal year came in at $17.13 billion, a 5% increase from last year
- Earnings per share of $1.61 for the quarter compared to the $1.38 expected by analysts according to Yahoo Finance. EPS for the year came in at $3.84
- Advertising revenue increased 7% during the year, largely due to the World Cup
Fox Corporation reported $17.13 billion in revenue during fiscal year 2026, a 5% increase compared to the year prior. This increase was largely due to growth in the cable network division as well as a boost in advertising thanks to the FIFA Men’s World Cup. The company reported its fourth quarter earnings results on Thursday morning before the stock market opened.
During the 2026 fiscal year, distribution revenue increased by 4% due to a 5% growth at the cable network programming segment. Advertising revenue also rose by 7% during the year thanks to the World Cup and digital growth driven by Tubi. This partially offset the absence of the Super Bowl, which Fox had last year and went to NBC this year, as well as lower political advertising revenue. Content and other revenue increased 4% largely due to more revenue from sports sublicensing.
As for the quarter, Fox Corp. reported $4.21 billion during the fourth quarter of 202. This was a 28% increase compared to the last quarter of 2025. The World Cup, cable news and Tubi were once again major drivers for that increase. Advertising revenue increased by a whopping 78% thanks to the World Cup and growth on Tubi. Distribution revenue increased by 5% during the quarter, led by a 7% increase in the cable network programming segment. However, content and other revenue was down 2.6% due to the timing of sports sublicensing revenue.
More to come …
