US EditionFox’s Tubi Reaches Profitability for First Time
Fox Corporation's streaming platform Tubi turned profitable with 27% revenue growth, while overall profit fell due to higher digital marketing and content expenses, CEO Lachlan Murdoch said.
- On September 30, 2025, Fox Corporation reported Q1 2026 results with $3.7 billion revenue and adjusted earnings per share of $1.51.
- Quarterly revenue climbed by $174 million, up 5%, but Fox Corporation's profit fell due to higher operating expenses from digital marketing, content costs, and programming rights amortization.
- Tubi hit a milestone by moving into the black as Fox said its revenue grew 27% and total viewing time rose 18%, supporting advertising gains in the past quarter.
- Fox unveiled a $1.5 billion accelerated share repurchase to leverage its balance sheet and return capital to shareholders, while Lachlan Murdoch said Tubi's profitability will likely moderate digital investment this year with margins of 20% to 25%.
- The recent settlement saw James and Elisabeth Murdoch and Prudence MacLeod formally cut ties and surrender their equity, while FOX One, launched during the week, exceeded early subscription expectations.
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Streaming, sports boost Fox revenue to $3.74 billion during fiscal Q1
(Photo by Tony Webster via Flickr Creative Commons, Graphic by The Desk) Fox Corporation on Thursday reported higher revenue in its fiscal first quarter (Q1) of 2026 (coincides with calendar Q3 2025), driven by growth at its ad-supported streaming platform Tubi and stronger results from its sports and news divisions, though overall profit slipped from a year earlier. For the three months ending September 30, the company posted $3.74 billion in t…
FOX Sees Increased Ad Revenue, Led by a Now Profitable Tubi
Today, FOX reported financial results for the three months ended September 30, 2025, which the company calls Q1 2026. Advertising revenue increased by 6% for the quarter, led by news, sports, and the growth of the company’s free streaming service, Tubi. Tubi’s revenue increased by 27% and viewing time was up by 18%. The streaming […] The post FOX Sees Increased Ad Revenue, Led by a Now Profitable Tubi appeared first on Cord Cutters News.
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