Fox Q1 FY2026 revenue $3.74B (+5% YoY), adj. EPS $1.51, announces $1.5B ASR

Fox Corp

2026-Q1 EPS reported $1.32 revenue$3,738,000,000

GAAP net income attributable to Fox Corp $599M ($1.32 per share), down 28% from $827M ($1.78) YoY.
Revenue $3.74B, +5% YoY; advertising revenue up 6% driven by Tubi, news, sports; distribution +3%.
Adjusted EBITDA $1.07B (+2% YoY); adjusted net income attributable $686M ($1.51 per share) vs $672M ($1.45) YoY.
Announced $1.5B accelerated share repurchase (ASR) transaction, citing balance sheet strength and shareholder value.
Expenses increased from higher digital marketing, content costs, and entertainment amortization, partly offset by lower sports rights amortization.

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