Fox Corp Hits Record $17B Revenue in FY2026 on World Cup and Tubi Growth
Key Facts
In a move that underscores the resilience of the media sector amid digital shifts, Fox Corp announced record-breaking financial results for fiscal year 2026. According to reports, the company's revenue exceeded $17 billion, with EBITDA reaching $3.9 billion. This robust performance was primarily fueled by strong advertising demand during the FIFA World Cup and the continued expansion of its ad-supported streaming service, Tubi.
Regarding capital returns, financial data highlighted the company's commitment to rewarding shareholders, as Fox Corp returned $2 billion through share buyback programs and distributed $243 million in cash dividends. These actions reflect management's confidence in cash flows, especially after achieving a 5% revenue growth compared to the previous fiscal year, strengthening its position in the media and broadcasting market.
As for stock performance, FOXA shares closed at $69.04 (as of August 14, 2026), a level nearing its 12-month highs. Looking ahead, investors are monitoring U.S. inflation data (CPI) scheduled for release on August 12, 2026, which could impact broader market sentiment and the consumer sector that drives the company's advertising revenues.