FOX · 8-K · 20260806PR053892
Segment Revenue Performance
Fox Corp · 2026-08-06 · Importance 69 · Surprise 64 · No source text
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. Fourth-quarter Television advertising revenue increased 108% to $1.46 billion, driven by the World Cup, Tubi digital growth, and higher political advertising revenue. Full-year Television advertising revenue increased 6% to $5.65 billion, while distribution revenue was essentially unchanged at $3.35 billion.
Key facts
- Television segment advertising revenue for the three months ended June 30, 2026: $1,455 million, an increase of $755 million or 108% year-over-year. source
- Television reported quarterly segment EBITDA of $705 million for the three months ended June 30, 2026, an increase of $397 million or 129% from the prior year quarter. source
- Cable Network Programming quarterly distribution revenue for the three months ended June 30, 2026: $1,176 million, an increase of $76 million or 7% year-over-year. source
- Cable Network Programming segment total revenues for the three months ended June 30, 2026: $1,670 million. source
- Cable Network Programming segment total revenues for the twelve months ended June 30, 2026: $7,348 million. source
- Cable Network Programming quarterly advertising revenue for the three months ended June 30, 2026: $461 million, an increase of $83 million or 22% year-over-year. source
- Cable Network Programming reported quarterly segment EBITDA of $728 million for the three months ended June 30, 2026. source
- Television segment total revenues for the three months ended June 30, 2026: $2,482 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +17.9% | Television segment advertising revenue for the three months ended June 30, 2026: $1,455 million, an increase of $755 million or 108%… |
| operating_income | positive | realized | +9.4% | Television reported quarterly segment EBITDA of $705 million for the three months ended June 30, 2026, an increase of $397 million or 129%… |
| revenue | positive | realized | +2.0% | Cable Network Programming quarterly advertising revenue for the three months ended June 30, 2026: $461 million, an increase of $83 million… |
| revenue | positive | realized | +1.8% | Cable Network Programming quarterly distribution revenue for the three months ended June 30, 2026: $1,176 million, an increase of $76… |
| revenue | positive | realized | +0.9% | The Company stated that content and other revenue increased full year by $40 million or 4% in Cable Network Programming, primarily due to… |
| operating_income | unclear | realized | — | Cable Network Programming reported quarterly segment EBITDA of $728 million for the three months ended June 30, 2026. |
| revenue | unclear | realized | — | Television segment total revenues for the three months ended June 30, 2026: $2,482 million. |
| operating_income | unclear | realized | — | The Company reported Cable Network Programming full year segment EBITDA of $3,099 million for the twelve months ended June 30, 2026. |