Fox Corporation Q3 2026 Earnings Recap

FOXA Q3 2026 May 12, 2026

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Fox Corporation's shares rose 5.1% following third quarter results that demonstrated solid revenue growth and margin expansion, driven by advertising strength at FOX News and distribution gains from Fox One.

Earnings Per Share Beat

$1.32 vs $1.02 est.

+29.4% surprise

Revenue Beat

3994000000 vs 3783550000 est.

+5.6% surprise

Market Reaction

1-Day +0.47%

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Key Takeaways

Reported $4 billion in revenue, with EBITDA rising 11% to just over $950 million.
Distribution revenue increased 3%, benefiting from early success and strong retention on Fox One.
Excluding the Super Bowl timing impact, advertising revenue grew double digits, led by FOX News hitting its highest Q3 ad revenue ever.
FOX News maintained leadership as the most watched cable network in total day and Prime; digital viewership also grew double digits year-over-year.
Tubi’s revenue grew 23% with a 19% increase in total view time, supported by expanding creator content.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit FOXA on AllInvestView.

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