FOXA · Other

Fox Corp

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-07

• Roku AcquisitionImportance 71 · Surprise 60
  FOX agreed to acquire Roku through a two-step merger that would make Roku a wholly owned subsidiary. Roku shareholders will receive $96.00 in cash and 0.9693 shares of FOX Class A common stock per Roku share, implying…
• Acquisition / Partnership / DivestitureImportance 71 · Surprise 60
  Fox agreed on June 15, 2026, to acquire Roku in a cash-and-stock transaction that would make Roku a wholly owned subsidiary. Roku shareholders would receive 0.9693 shares of FOX Class A common stock plus $96.00 in cash…

8-K · 2026-08-06

• Segment Revenue PerformanceImportance 74 · Surprise 64
  Cable Network Programming revenue increased 9% year over year to $1.67 billion in the fourth quarter and increased 6% to $7.35 billion for the full year.,Television revenue increased 45% to $2.48 billion in the fourth quarter and increased 4% to $9.67 billion for the full year.,Television fourth-quarter advertising revenue increased 108% to $1.46 billion, driven by the World Cup, Tubi digital growth, and higher political advertising at FOX Television Stations.,Cable Network Programming full-year advertising revenue increased 10% to $1.69 billion, supported by higher news and sports pricing and the World Cup, partly offset by lower ratings.
• Segment ProfitabilityImportance 74 · Surprise 64
  Fourth-quarter consolidated Adjusted EBITDA increased 27% year over year to $1.20 billion, while full-year Adjusted EBITDA increased 8% to $3.91 billion.,Cable Network Programming fourth-quarter EBITDA declined 3% to $728 million despite 9% revenue growth, as higher sports rights amortization and World Cup production costs more than offset revenue gains.,Television fourth-quarter EBITDA increased 129% to $705 million, and full-year EBITDA increased 52% to $1.44 billion.,Television full-year EBITDA benefited from lower sports programming rights amortization, partly offset by higher digital content costs.
• Operating Expense TrendsImportance 74 · Surprise 56
  Consolidated fourth-quarter operating expenses increased to $2.38 billion from $1.76 billion, while selling, general and administrative expense increased to $637 million from $590 million.,Full-year operating expenses increased to $10.85 billion from $10.52 billion, and full-year selling, general and administrative expense increased to $2.37 billion from $2.17 billion.,Fourth-quarter expense growth primarily reflected higher sports programming rights amortization and production costs for the World Cup.,Full-year expense growth also included costs associated with launching FOX One and higher digital content costs.
• Revenue Performance and MixImportance 58 · Surprise 56
  Fourth-quarter revenue increased 28% year over year to $4.21 billion from $3.29 billion, led by a 78% increase in advertising revenue to $1.92 billion.,Fourth-quarter distribution revenue increased 5% to $2.03 billion, while content and other revenue declined to $262 million from $269 million because of sports sublicensing timing.,Full-year revenue increased 5% to $17.13 billion, with distribution revenue up 4% to $8.06 billion, advertising revenue up 7% to $7.34 billion, and content and other revenue up 4% to $1.73 billion.,Full-year advertising growth reflected the FIFA Men's World Cup and Tubi digital growth, partly offset by the absence of Super Bowl LIX and lower political advertising revenue.
• Advertising Demand TrendsImportance 57 · Surprise 64
  Quarterly advertising revenue increased 78% to $1.916 billion, primarily reflecting FOX’s broadcast of the FIFA Men’s World Cup and continued digital growth led by Tubi AVOD. Television advertising revenue rose 108% to…
• Sports Content DemandImportance 57 · Surprise 64
  FOX’s FIFA Men’s World Cup broadcast materially increased quarterly advertising demand across both Cable Network Programming and Television. Cable Network Programming advertising increased $83 million, or 22%, while…
• Capital Return ProgramImportance 56 · Surprise 24
  FOX’s board increased the semi-annual dividend and declared a $0.29 dividend per Class A and Class B share, payable September 23, 2026 to shareholders of record on September 2, 2026. As of June 30, 2026, FOX had…
• Liquidity and Debt PositionImportance 53 · Surprise 48
  Cash and cash equivalents declined 21% to $4.21 billion at June 30, 2026, from $5.35 billion a year earlier.,Borrowings were essentially unchanged at $6.61 billion at June 30, 2026, compared with $6.60 billion at June 30, 2025.,Fiscal 2026 operating cash flow was $1.97 billion, down from $3.32 billion, while cash used in financing activities increased to $2.41 billion from $1.76 billion.,The fiscal-year cash decline primarily reflected $2.00 billion of share repurchases, $287 million of dividends and distributions, and $208 million used to purchase a noncontrolling interest.
• Capital ExpendituresImportance 51 · Surprise 64
  FOX invested $502 million in property and equipment during fiscal 2026, up from $331 million in fiscal 2025.,Fiscal 2026 investing cash outflows totaled $705 million, compared with $537 million in the prior year.,Fiscal 2026 also included $178 million of investment purchases and $8 million of acquisitions net of cash acquired.
• Restructuring ChargesImportance 49 · Surprise 82
  Fiscal 2026 restructuring, impairment and other corporate matters charges totaled $151 million, down from $350 million in fiscal 2025.,Fourth-quarter charges were $113 million, up from $99 million in the prior-year quarter.,The fiscal 2026 charges reduced reported net income attributable to FOX stockholders and were excluded from adjusted net income of $2.38 billion.
• Acquisition / Partnership / DivestitureImportance 44 · Surprise 60
  FOX announced the acquisition of Roku during fiscal 2026. Chief Executive Officer Lachlan Murdoch said the transaction is expected to transform the scope and growth profile of FOX. The release provides no purchase…
• Dividend IncreaseImportance 40 · Surprise 42
  FOX's Board authorized an increase in the semi-annual dividend to $0.29 per Class A and Class B share.,The dividend is payable on September 23, 2026, to shareholders of record on September 2, 2026.,The company paid $287 million in dividends and distributions during fiscal 2026, compared with $277 million in fiscal 2025.
• Streaming Product ExpansionImportance 31 · Surprise 42
  FOX launched FOX One, a direct-to-consumer streaming service, during fiscal 2026. Distribution revenue includes subscription fees from the company’s direct-to-consumer streaming services, indicating an expansion of…
• FOX One Streaming LaunchImportance 31 · Surprise 42
  FOX launched its direct-to-consumer streaming service, FOX One, during fiscal 2026. Management identified costs associated with the launch as a contributor to higher quarterly expenses and identified FOX One launch…
• Distribution Subscriber TrendsImportance 25 · Surprise 32
  Quarterly distribution revenue increased 5% to $2.034 billion, including 7% growth in Cable Network Programming distribution revenue to $1.176 billion. Cable distribution growth was supported by contractual price…

News · 2026-08-06

• Roku AcquisitionImportance 71 · Surprise 60
  FOX agreed to acquire Roku through a two-step merger that would make Roku a wholly owned subsidiary. Roku shareholders will receive $96.00 in cash and 0.9693 shares of FOX Class A common stock per Roku share, implying…
• Revenue Performance and MixImportance 59 · Surprise 48
  Fiscal fourth-quarter revenue increased 28% year over year to $4.21 billion for the period ended June 30, 2026. Advertising revenue rose 78%, driven primarily by FOX’s broadcast of the FIFA Men’s World Cup and…
• Advertising Demand TrendsImportance 57 · Surprise 64
  The FIFA Men's World Cup drove a 78% year-over-year increase in Fox's advertising sales during the fiscal fourth quarter. The tournament aired across Fox's broadcast, pay-TV and streaming platforms, generating large…
• Capital Return ProgramImportance 46 · Surprise 42
  FOX’s board increased its semi-annual dividend to $0.29 per Class A and Class B share. The dividend is payable September 23, 2026, to shareholders of record on September 2, 2026. FOX also continued share repurchases,…
• NFL Media Rights PositioningImportance 34 · Surprise 42
  Fox plans to wait until closer to 2030 before renegotiating its NFL media-rights agreement. The NFL can opt out of the current deal at that time, creating a future renewal decision for Fox. The league has discussed…
• NFL Media Rights OutlookImportance 34 · Surprise 42
  Fox said it will not renegotiate its NFL media-rights agreement before the current deal expires. The NFL can opt out of the existing agreement in 2030, making that the likely timing for broader negotiations. The NFL…
• Streaming Subscriber GrowthImportance 20 · Surprise 24
  Fox's free ad-supported streaming service Tubi gained audience and advertising momentum from the FIFA Men's World Cup. Tubi carried some World Cup content, helping expand streaming consumption alongside Fox's broadcast…