Earnings ·
Fox reports Q1 fiscal 2027 revenue of $4.57 billion and net income of $957 million
FOXFox Corp
Fox Corporation reported financial results for the quarter ended September 30, 2026, posting total revenue of $4.57 billion, a 22% increase from the prior year period. Net income attributable to stockholders rose to $943 million, or $2.20 per share, compared to $599 million, or $1.32 per share, in the previous year. Adjusted EBITDA reached $1.64 billion, up 54% year-over-year, driven by a 47% surge in advertising revenue fueled by the FIFA Men's World Cup and political advertising, alongside 9% growth in distribution revenue. The company operates in the media and entertainment industry, providing news, sports, and entertainment content through cable networks and broadcast television.