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Dec 31, 2024

Fox Q2 2025 Earnings Report

Reported a revenue increase of 20% and a significant rise in net income and Adjusted EBITDA.

Key Takeaways

Fox Corporation reported strong second quarter fiscal 2025 results, with revenues increasing by 20% to $5.08 billion and net income rising to $388 million. Adjusted EBITDA saw a substantial increase of 123% to $781 million, driven by higher affiliate fee and advertising revenues. The company's performance was boosted by a compelling fall sports schedule and a record-breaking presidential election news cycle.

Revenues increased by 20% to $5.08 billion compared to the prior year quarter.

Net income rose to $388 million, a significant increase from $115 million in the prior year quarter.

Adjusted EBITDA increased by 123% to $781 million, driven by revenue growth.

Advertising revenues increased by 21%, benefiting from political advertising, higher MLB postseason ratings, and NFL pricing.

Total Revenue
$5.08B
Previous year: $4.23B
+19.9%
EPS
$0.96
Previous year: $0.34
+182.4%
Gross Profit
$2.97B
Previous year: $744M
+299.1%
Cash and Equivalents
$3.32B
Previous year: $4.12B
-19.4%
Free Cash Flow
-$436M
Previous year: -$615M
-29.1%
Total Assets
$23B
Previous year: $22.8B
+0.8%

Fox

Fox

Fox Revenue by Segment

Forward Guidance

The company remains committed to sustained long-term value creation for its shareholders through its thoughtful and disciplined strategy for growth.

Revenue & Expenses

Visualization of income flow from segment revenue to net income