Fox Corporation reported a strong start to fiscal 2025, with revenues of $3.56 billion, an 11% increase year-over-year. Net income reached $832 million, significantly higher than the prior year's $415 million. Adjusted EBITDA also saw substantial growth, rising to $1.05 billion, driven by revenue increases and partially offset by higher expenses.
Revenues increased by 11% to $3.56 billion compared to the prior year quarter.
Net income increased to $832 million, up from $415 million in the prior year quarter.
Adjusted EBITDA increased by 21% to $1.05 billion compared to the prior year quarter.
Growth was driven by increases in affiliate fee and advertising revenues.
This press release contains forward-looking statements that are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements due to various factors affecting the Company’s businesses. The Company undertakes no duty to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this press release, except as required by law.
Visualization of income flow from segment revenue to net income