FOX · 10-Q · 2026Q3
Fox Corp (FOX, FOXA)
Filed 2026-11-02 · Other · View original filing on EDGAR
USD 4,571MTotal Revenue
USD 23,093MTotal Assets
12Topics
76Top Importance
Everything FOX's SEC filings said, ranked
Ranked Events
- Roku AcquisitionImportance 76 · Surprise 60FOX agreed to acquire Roku for $96.00 in cash and 0.9693 shares of FOX Class A Common Stock per outstanding Roku share, subject to specified adjustments. FOX and Roku received the required stockholder approvals in…
- Revenue Performance and MixImportance 67 · Surprise 66For 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…
- Advertising Demand TrendsImportance 66 · Surprise 56Advertising revenue increased $669 million, or 47%, for the three months ended September 30, 2026. The increase was primarily driven by sports programming, led by the FIFA Men’s World Cup, and higher political…
- Net Income and EPS PerformanceImportance 63 · Surprise 64Net income increased $348 million, or 57%, for the three months ended September 30, 2026, compared with the prior-year quarter. The increase was primarily due to higher Segment EBITDA, partly offset by changes in the…
- Depreciation and AmortizationImportance 58 · Surprise 66Depreciation and amortization expense increased $20 million, or 20%, for the three months ended September 30, 2026, compared with the prior-year quarter. The increase was primarily due to amortization of the company’s…
- Liquidity and Debt PositionImportance 54 · Surprise 24FOX had approximately $4.5 billion of cash and cash equivalents as of September 30, 2026, and an unused five-year $1.0 billion unsecured revolving credit facility maturing in June 2028. The company also had access to…
- Operating Margin DriversImportance 52 · Surprise 32Cable Network Programming Segment EBITDA increased $59 million, or 7%, in the quarter, as revenue growth outweighed higher expenses. Sports programming rights amortization and production costs—including soccer rights…
- Operating Expense TrendsImportance 52 · Surprise 40Consolidated operating expenses increased $242 million, or 11%, to $2.363 billion for the three months ended September 30, 2026. Approximately $120 million of the increase reflected higher sports programming rights…
- Distribution Subscriber TrendsImportance 41 · Surprise 32Distribution revenue increased $169 million, or 9%, for the three months ended September 30, 2026. Higher average rates per subscriber contributed approximately $95 million, while a higher average number of subscribers…
- Interest Expense TrendsImportance 38 · Surprise 46Net interest expense increased $30 million, or 60%, for the three months ended September 30, 2026, compared with the prior-year period. The increase was primarily attributable to lower interest income resulting from…
- Interest Rate EnvironmentImportance 12 · Surprise 6FOX attributed a $30 million increase in net interest expense for the quarter ended September 30, 2026, compared with the prior-year quarter, primarily to lower interest income resulting from lower interest rates and…
- Dividend DeclarationImportance 10 · Surprise 6FOX declared a semi-annual dividend of $0.29 per share on both Class A and Class B Common Stock during the three months ended September 30, 2026. The dividend was paid on September 23, 2026. The company stated that it…
Revenue by Product (in millions)
| 2025 | 2026 | segment |
|---|---|---|
| 1,662 | 1,803 | Cable Network Programming |
| 2,050 | 2,713 | Television |
| 89 | 246 | Corporate and Other |
| -63 | -191 | Eliminations |
| 1,090 | 1,200 | Cable Network Programming — Distribution |
| 345 | 373 | Cable Network Programming — Advertising |
| 227 | 230 | Cable Network Programming — Content and other |
| 1,067 | 1,708 | Television — Advertising |
| 821 | 850 | Television — Distribution |
| 162 | 155 | Television — Content and other |
| 89 | 246 | Corporate and Other |
| -63 | -191 | Eliminations |