Form 10-K · Annual report

Fox Corporation 10-K, filed Aug 6, 2026

Filed
CIK
0001754301
Accession no.
0001628280-26-053960
AI-generated summary

Summary

Fox Corporation’s fiscal 2026 total revenues rose 5% to $17.126 billion, while net income fell 25% to $1.727 billion. The revenue increase was driven by higher distribution, advertising, and content revenues, including FIFA Men’s World Cup broadcasts, additional NFL and MLB postseason games, and Tubi digital growth, partly offset by the absence of Super Bowl LIX and 2024 election political advertising.

Key points

  • Fiscal 2026 total revenues were $17.126 billion, up 5% from $16.300 billion; net income was $1.727 billion, down 25% from $2.293 billion.
  • Advertising revenue rose 7% to $7.339 billion, helped by the FIFA Men’s World Cup, additional NFL and MLB postseason games, and Tubi, but hurt by the absence of Super Bowl LIX and 2024 election political advertising.
  • Cable Network Programming revenues rose 6% to $7.348 billion, with Segment EBITDA up 2% to $3.099 billion.
  • Television segment revenues rose 4% to $9.666 billion and Segment EBITDA rose 52% to $1.438 billion.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

From the filing

ITEM 7. MANAGEMENT’S DISCUSSION RESULTS OF OPERATIONS Results of Operations—Fiscal 2026 versus Fiscal 2025 The following table sets forth the Company’s operating results for fiscal 2026, as compared to fiscal 2025: For the years ended June 30, 2026 2025 $ Change % Change (in millions, except %) Better/(Worse) Revenues Distribution $ 8,058 $ 7,780 $ 278 4 % Advertising 7,339 6,865 474 7 % Content and Other 1,729 1,655 74 4 % Total revenues 17,126 16,300 826 5 % Operating expenses (10,853) (10,518) (335) (3) % Selling, general and administrative (2,367) (2,168) (199) (9) % Depreciation and amortization (410) (385) (25) (6) % Restructuring, impairment and other corporate matters (151) (350)…

An excerpt of the text as filed with the SEC, cut for length.

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