fuboTV Inc. Q3 2025 Earnings Recap

fubo reported strong third-quarter results, highlighted by significant subscriber growth and a strategic business combination with Hulu + Live TV, positioning the company favorably for future expansion.

Key Takeaways

• Achieved 1.63 million paid subscribers in North America, the highest third-quarter count to date, with a notable 1.1% year-over-year increase.
• Total revenue of $368.6 million, reflecting a 2.3% decline from the previous year, attributed to prior year one-time benefits and ad revenue challenges.
• Experienced a nearly 50% reduction in churn year-over-year, alongside improved trial conversion rates and reduced marketing spend in a competitive landscape.
• The completion of the Hulu + Live TV merger creates one of America’s largest live TV streaming services and enhances customer offerings.
• Positive momentum in advertising demand, indicated by a 36% increase in upfront commitments for the 2025-2026 cycle, with substantial engagement from new advertisers.