Earnings Releases·Nov 2, 2026, 8:03 AM ET

Fox Corporation — Q1 Fiscal 2027 Earnings Summary

Total revenue surged 22% year-over-year to $4.57 billion, driven by a 47% increase in advertising revenue and 9% growth in distribution revenue, while net income attributable to stockholders rose 57% to $943 million ($2.20 per share).
Adjusted EBITDA jumped 54% to $1.64 billion, with the Television segment EBITDA increasing 134% to $934 million, fueled by the FIFA World Cup, political advertising, and digital growth via Tubi AVOD.
Management characterized the fiscal 2027 start as "outstanding" with record results, though future outlook remains subject to uncertainties regarding the Roku transaction and elevated sports programming costs.
Capital allocation included $131 million in dividends with no share repurchases, while cash and cash equivalents grew to $4.536 billion and net cash provided by operating activities reached $616 million.