Fox Corporation

NASDAQ•FOX

CEO: Mr. Lachlan Keith Murdoch

Sector: Communication Services

Industry: Entertainment

Listing Date: 2019-03-13

Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through four segments: Cable Network Programming, Television, Credible, and The FOX Studio Lot. The Cable Network Programming segment produces and licenses news and sports content for distribution through traditional cable television systems, direct broadcast satellite operators and telecommunication companies, virtual multi-channel video programming distributors, and other digital platforms primarily in the U.S. Television segment produces, acquires, markets, and distributes programming through the FOX broadcast network, advertising supported video-on-demand service Tubi, and operates power broadcast television stations including duopolies and other digital platform; and produces content for third parties. The Credible segment engages in the consumer finance marketplace. The FOX Studio Lot segment provides television and film production services along with office space, studio operation services and includes all operations of the facility. The company was incorporated in 2018 and is headquartered in New York, New York.

Contact Information

1211 Avenue of the Americas, New York, NY, 10036, United States

212-852-7000

www.foxcorporation.com

Market Cap

$23.16B

P/E (TTM)

12.9

51.6

Dividend Yield

1.0%

52W High

$68.18

52W Low

$43.18

52W Range

35%

Rank21Top 7.6%

6.0

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Strong • 6 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q2 2026 Data

Revenue

$5.18B+0.00%

4-Quarter Trend

EPS

$0.53+0.00%

4-Quarter Trend

FCF

-$565.00M+0.00%

4-Quarter Trend

2026 Q2 Earnings Highlights

Key Highlights

Total Revenue Growth Total revenues reached $8.92B USD for six months, marking a 3% increase over prior period comparisons.

Cable EBITDA Strength Cable Network Programming Segment EBITDA grew 6% to $1.49B USD for six months, driven by pricing.

Share Repurchase Activity Company spent $1.8B repurchasing common stock over six months, including $1.5B accelerated share repurchase.

New Streaming Service Launch FOX One direct-to-consumer streaming service launched in August 2025, contributing to distribution revenue growth.

Risk Factors

Net Income Decline Net income attributable to stockholders fell 31% to $828M USD for six months, impacted by equity security valuation changes.

Increased Operating Cash Use Net cash used in operating activities rose sharply to $(799)M USD, driven by lower political advertising receipts.

Television Segment EBITDA Television Segment EBITDA decreased 6% to $542M USD for six months due to higher programming costs.

Major Legal Contingency Smartmatic lawsuit seeking $2.7B damages remains pending; ultimate loss range is neither probable nor reasonably estimable.

Outlook

Future Revenue Obligations Approximately $6.3B in revenues are expected to be recognized primarily over the next one to three years.

Remaining Repurchase Capacity Remaining stock repurchase authorization stands at approximately $3.6B USD following recent significant share buybacks.

Credit Facility Status Company maintains compliance with all covenants on its unused five-year $1.0B unsecured revolving credit facility.

Dividend Expectation Expects to continue paying semi-annual dividends, recently declared $0.28 per share subsequent to period end.

Peer Comparison

Revenue (TTM)

VOD

$78.66B

-12.5%

CHTR

$54.77B

-0.6%

TEF

$42.23B

-5.7%

Gross Margin (Latest Quarter)

PINS

82.8%

+0.6pp

TLK

67.3%

-0.3pp

NWSA

50.6%

+0.0pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
LYV	$37.57B	77.0	157.7%	54.3%
VOD	$37.20B	-7.2	-8.4%	41.8%
CHTR	$30.13B	6.0	31.2%	63.0%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

5.8%

Steady Growth

4Q Net Income CAGR

-12.9%

Declining Profitability

Cash Flow Stability

50%

Cash Flow Needs Attention

Deep Research

Next earnings:May 11, 2026

EPS:$1.03

Revenue:$3.78B

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data