FOX · 10-Q · 2026Q3 · Full report

Revenue Performance and Mix

Fox Corp (FOX, FOXA) · 2026-11-02 · Importance 67 · Surprise 66 · Matches filing data

For the three months ended September 30, 2026, consolidated revenue increased $833 million, or 22%, to $4.571 billion year over year. Advertising revenue rose $669 million, or 47%, to $2.081 billion, driven primarily by FIFA Men’s World Cup programming, political advertising ahead of the November 2026 U.S. midterm elections, and continued Tubi digital growth; distribution revenue rose $169 million, or 9%, to $2.084 billion. Television revenue increased $663 million, or 32%, to $2.713 billion, while Cable Network Programming revenue increased $141 million, or 8%, to $1.803 billion. Television contributed 59% of company revenue versus 55% a year earlier, while Cable Network Programming contributed 39% versus 44%.

Key facts

• Fox's revenues increased $833 million, or 22%, for the three months ended September 30, 2026, primarily from higher distribution and advertising revenues, partially offset by lower content and other revenues. source
• Television content and other revenue decreased $7 million, or 4%, primarily due to lower entertainment content revenue. source

Impact estimates