| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 4.0K | 22.9% | 8.6% |
| Total Income | 4.0K | 22.9% | 8.6% |
| Expenditure | 3.8K | 22.8% | 3.5% |
| PBT | 236.00 | 26.7% | 50.2% |
| Net Profit | 166.00 | 27.5% | 52.0% |
| OPM | — | ||
| NPM | 4.16% | 0.26pp | 3.76pp |
| EPS | 0.39 | 26.4% | 48.7% |
Fox Corporation Reports Q3 FY26 Revenue of $3.99 Billion
11 May 2026 · 11 May, 5:41 pm
Summary
Fox Corporation reported its financial results for the quarter ended March 31, 2026. The company's total quarterly revenue was $3.99 billion, a decrease from the $4.37 billion reported in the prior year quarter. Net income was $175 million, also lower than the $354 million reported in the prior year quarter. However, Adjusted EBITDA increased by 11% to $954 million. Executive Chair and Chief Executive Officer Lachlan Murdoch highlighted the company's continued strength and momentum, driven by robust core advertising trends and the performance of Tubi.
Key Highlights
- 1
Fox Corporation reported total quarterly revenue of $3.99 billion, compared to $4.37 billion in the prior year quarter.
- 2
Distribution revenue increased 3%, driven by 5% growth at the Cable Network Programming segment.
- 3
Advertising revenue was $1.56 billion, compared to $2.04 billion in the prior year quarter, primarily due to the absence of the prior year broadcast of Super Bowl LIX.
- 4
Quarterly net income was $175 million, compared to $354 million in the prior year quarter.
- 5
Adjusted EBITDA was $954 million, an increase of $98 million or 11% from the prior year quarter.
- 6
Cable Network Programming reported quarterly segment revenue of $1.74 billion, an increase of 6% from the prior year quarter.
- 7
Television reported quarterly segment revenue of $2.20 billion, compared to $2.70 billion in the prior year quarter.
Management Comments
Lachlan Murdoch
Our fiscal third quarter results once again demonstrate continued strength and momentum across our business. This strong performance, led by robust core advertising trends, underscores FOX’s leadership in live programming, bolstered by continued strength at our leading free streaming service, Tubi. Against this backdrop, we are proud to be bringing the world’s biggest sporting event to American homes with the FIFA Men's World Cup hosted here in North America across June and July. Meanwhile we remain steadfast in our commitment to delivering long-term shareholder value supported by our strong balance sheet.
Informational and educational content only. Not investment advice.