---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-036203"
form_type: "8-K"
ticker: "FOXA"
cik: "0001754301"
company_name: "Fox Corp"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:42:11.056223+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fox Corp Q1 FY2024 revenue $3.21B; net income $415M vs $613M YoY

## Summary
- Revenues $3.21B (+1% YoY); affiliate fees up 2%, advertising down 2%.
- Net income $415M (diluted EPS $0.82) vs $613M ($1.10) YoY; adjusted EPS $1.09 vs $1.21.
- Adjusted EBITDA $869M vs $1.09B YoY; expenses rose on sports rights and digital investments.
- Television affiliate fees +8%; Tubi continued impressive growth in viewing.
- CEO Lachlan Murdoch cited solid start with active news cycle and robust sports schedule.

## SEC filing metadata
- accession: 0001628280-23-036203
- form_type: 8-K
- ticker: FOXA
- cik: 0001754301
- company_name: Fox Corp
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1754301/000162828023036203/0001628280-23-036203-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1754301/000162828023036203/fox-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-036203
- JSON: https://secwatch.observer/filing/0001628280-23-036203.json
- Plain text: https://secwatch.observer/filing/0001628280-23-036203.txt

## Key facts
- Earnings Releases
  Fox Corp reported the quarter ended September 30, 2023 results: revenue $3.21 billion, net income $415 million, EPS $0.82 per share.
  - Period: the quarter ended September 30, 2023
  - Revenue: $3.21 billion
  - Net income: $415 million
  - EPS: $0.82 per share
  - Result: reported results
  source text: The Company reported total quarterly revenues of $3.21 billion as compared to the $3.19 billion reported in the prior year quarter. Affiliate fee revenues increased 2%, driven by 8% growth at the Television segment. Advertising revenues decreased 2% as the broadcast of the FIFA Women's World Cup ( " Women's World Cup") at FOX Sports and continued growth at Tubi were more than offset by comparably lower political advertising revenues at the FOX Television Stations and the impact of elevated supply in the direct response marketplace at FOX News Media. Other revenues increased 2%. The Company reported quarterly net income of $415 million as compared to the $613 million reported in the prior year quarter. The variance includes the change in fair value of the Company’s investments recognized in Other, net. Net Income attributable to Fox Corporation stockholders was $407 million ($0.82 per share) as compared to the $605 million ($1.10 per share) reported in the prior year quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1754301/000162828023036203/0001628280-23-036203-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.