Updated
Updated · Deadline · Aug 6
Fox Revenue Jumps 28% to $4.21 Billion as World Cup Ads Surge 78%
Updated
Updated · Deadline · Aug 6

Fox Revenue Jumps 28% to $4.21 Billion as World Cup Ads Surge 78%

3 articles · Updated · Deadline · Aug 6

Summary

  • $4.21 billion in fiscal fourth-quarter revenue marked a 28% rise for Fox, while adjusted EBITDA climbed 27% to $1.2 billion.
  • A 78% jump in advertising sales from Fox's FIFA Men's World Cup broadcasts drove the gain, alongside 5% distribution revenue growth and continued digital expansion led by Tubi.
  • Net income slipped to $696 million from $719 million, and content and other revenue edged down to $262 million from $269 million because of sports sub-licensing timing.
  • June's $22 billion cash-and-stock deal for Roku remained central to Fox's outlook, with CEO Lachlan Murdoch also pointing to the launch of direct-to-consumer service FOX One.
  • Those moves leave Fox entering fiscal 2027 betting that sports scale, streaming growth and the Roku acquisition can broaden its business beyond traditional TV.

Insights

After record revenue and EBITDA, how sustainable is Fox’s momentum once the World Cup advertising surge fades?
Will Fox’s $22 billion Roku deal transform its streaming and ad business, or expose it to bigger integration and cost risks?