Fox Corporation (FOXA) Earnings Call Transcripts

Fox Corporation's Latest Earnings Call - May 13, 2026

In the fiscal quarter ending April 2026, Fox Corporation (FOXA) reported robust performance driven by strong advertising revenue and growth in its streaming platform, Tubi. Revenue reached $4.5 billion, exceeding estimates of $4.3 billion, while earnings per share (EPS) came in at $1.10, beating expectations by $0.05. Management maintained a positive outlook for the upcoming fiscal year, anticipating continued growth in advertising and digital initiatives, particularly with the upcoming midterm elections and the FIFA World Cup.

Reported metrics

Guidance from management

Management maintained a positive outlook for fiscal year 2027, expecting continued growth in advertising and digital initiatives, particularly driven by the upcoming elections and sports events.

What management said

So first, thanks for having us again and it's great to be here with you. The -- look, I'd say we're in a really good spot from a Fox perspective. We've -- probably 2 things that are emblematic of what -- where we are is focus and momentum. Those are 2 -- and your note the other day covered those points. And by the way, I disagree with your note that we're at fair value. But we can talk about that.

No, what's happened, if you look at the spend against where it was 2 years ago, the overall spend is incremental. So there's a shift of -- there's not a shift going on, there's just a movement of incremental dollars into digital. So we don't feel in any way that we're cannibalizing the linear local television business by moving money from there into Tubi. It will be incremental.

What analysts pressed on

Analysts expressed concerns regarding the potential impact of rising NFL rights fees on profitability and how the evolving competitive landscape, particularly with digital players, might affect advertising rates and viewership.

Main topics on the call

• Advertising Revenue Strength — Management highlighted that the advertising market is 'very healthy right now' with strong upfront commitments and low cancellation rates. They noted that 'scatter pricing is up,' indicating a favorable pricing environme...
• Tubi Growth and Strategy — Tubi continues to show significant growth, with revenue increasing by '23%' in the last quarter. Management emphasized that Tubi's originals serve as a marketing tool to enhance brand awareness rather than a primary reve...
• FOX News Competitive Position — FOX News remains the '#1 cable channel' and has seen 'great increases' in ratings, with a high single-digit growth reported in March and April. Management expressed confidence in maintaining this position despite increas...
• Cord Cutting Trends — Management expressed optimism regarding cord cutting trends, noting a '6.5% and better declines' in traditional subscriptions. They believe that innovations from distributors will help mitigate further declines in the li...

Read the full Fox Corporation transcript (May 13, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 60 Fox Corporation earnings call transcripts on record, spanning February 5, 2020 to May 13, 2026. Based on this history, Fox Corporation reports quarterly. The most recent call on file is dated May 13, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

FOXA

Exchange

NasdaqGS

Country

US

Sector

Communication Services

Industry

Media

Calls on record

60

First call

February 5, 2020

Most recent

May 13, 2026

Reporting cadence

quarterly