)
Visual
test
Fox
Fox (FOXA) investor relations material
Fox Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary4 Feb, 2026
Executive summary
Fiscal Q2 2026 revenues reached $5.18 billion, up 2% year-over-year, driven by strong advertising and distribution growth, especially in sports, news, and digital platforms like Tubi.
Net income attributable to stockholders was $229 million ($0.52 per share), down from $373 million ($0.81 per share) year-over-year, primarily due to higher expenses and lower investment gains.
Adjusted EBITDA was $692 million, down from $781 million in the prior year quarter as higher expenses offset revenue gains.
Tubi achieved record engagement and revenue, with total view time up 27% year-over-year and revenue up 19%, reaching EBITDA profitability for the second consecutive quarter.
Fox One, launched in August 2025, exceeded expectations in subscriber growth and engagement, with no noticeable cannibalization of traditional subscribers.
Financial highlights
Total revenues increased 2% year-over-year to $5.18 billion.
Distribution revenues grew 4%, advertising revenues rose 1%, and content/other revenues were flat.
Adjusted EBITDA was $692 million, down 11% from the prior year.
Net income attributable to stockholders was $229 million ($0.52 per share), down from $373 million ($0.81 per share) year-over-year; adjusted net income was $360 million and adjusted EPS was $0.82.
Free cash flow deficit of $791 million, reflecting seasonal working capital patterns.
Outlook and guidance
Management expects continued robust advertising trends, especially with the upcoming political cycle and major sports events like the FIFA Men's World Cup.
Fox One is projected to reach low- to mid-single-digit millions of subscribers over the next 3-4 years.
Tubi and Fox One are expected to remain key growth drivers, with ongoing investments in digital platforms and sports rights.
Management expressed confidence in continued operating and financial momentum, citing differentiated strategy and execution.
No material changes to risk factors or critical accounting policies were reported.
Impact of Q2 share repurchases on cash balance
Underlying ad revenue trends beyond political
Drivers of lower entertainment programming costs
FOX One engagement data: future content strategy
NFL cost step-up: specific portfolio rebalancing
FOX News' unique audience for political ad revenue
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 7 FebSBIN
Q3 FY26 net profit reached ₹21,028.15 crore, driven by robust income and strategic divestments. - 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
Targets 7–8% EPS growth, $37.5B capex, and coal exit by 2032 amid surging data center demand. - 6 FebBR
Q2 FY26 recurring revenue grew 8% and adjusted EPS guidance was raised to 9-12%. - 6 FebFFWM
Merger vote includes new non-voting stock class with limited conversion and no voting rights. - 6 FebKKR
Charter amendments seek to modernize governance and establish one share, one vote by 2026. - 6 FebARI
Proposed $9B real estate loan portfolio acquisition highlights disciplined, long-term strategy. - 6 FebSMCI
Q2 revenue jumped 123% to $12.7B, with FY26 guidance raised to at least $40B. - 6 FebRJF
Record revenues and assets, higher dividend, and acquisitions despite lower net income.
Next Fox earnings date
Q3 202611 May, 2026
Fox
Next Fox earnings date
Q3 202611 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Fox Corporation operates as a news, sports and entertainment company in the United States. The company operates through Cable Network Programming, Television and Other, Corporate and Eliminations segments. The Cable Network Programming segment produces and licenses news, business news, sports and entertainment content for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies and online video distributors. The Television segment operates 28 local television stations. It also operates MyNetworkTV, a programming service that produces television dramas and other entertainment programs for distribution to local television stations; and owns national sports networks. This segment also provides digital streaming services; sells advertising time in national network programming; buys programs from independent producers or studios; owns program guides; sells products under the Fox brand in retail stores, such as home entertainment products consisting of DVD and Blu-ray discs; through online retail businesses comprising FOXShop.com; and develops mobile websites/applications based on the Company's television shows/personalities.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage