Revenue and EBITDA Growth
Fox Corporation started fiscal 2026 with a strong performance, achieving a 5% increase in revenue and a 2% growth in EBITDA.
Advertising Revenue Increase
Advertising revenue grew 6%, driven by strong trends across news, sports, entertainment, and Tubi.
Tubi Profitability
Tubi achieved 27% revenue growth in the first quarter and reached profitability, driven by an 18% increase in total view time.
NFL and College Football Viewership
The NFL on FOX and college football both saw significant increases in viewership, with the NFL seeing a 12% increase and college football seeing a 22% increase over the previous season.
Robust Advertising Market
Fox is experiencing the most robust advertising market since 2019, particularly benefiting from live news and sports.
Accelerated Share Repurchase
Fox announced a $1.5 billion accelerated share repurchase transaction, underscoring confidence in the business outlook.