NASDAQ$FOXA

Fox Corp · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Fox reported first quarter fiscal 2025 revenues, net income, and Adjusted EBITDA.

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.

Headline financials

Total Revenue

$3.56B

Previous: $3.21B+11.1%
EPS

$1.78

Previous: $1.09+63.3%
Adjusted EBITDA

$1.05B

Previous: $869M+20.6%
Advertising Revenue

$1.33B

No prior period
Content and Other Revenue

$367M

No prior period
Capital Expenditures

-$64M

Previous: -$71M+9.9%
Free Cash Flow

$94M

Previous: -$70M+234.3%
Net Income

$832M

Previous: $415M+100.5%
Operating Income

-$2.55B

Previous: -$2.29B-11.0%
Gross Profit

$1.55B

Previous: $1.35B+14.9%
Total Assets

$22.5B

Previous: $21.6B+4.1%
Stock-Based Comp

$34M

Previous: $24M+41.7%

Revenue & EPS history

Fox · Revenue · Quarterly

$3.56B

Q1 2025+11.1%vs Q1 2024
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Fox · $3.17B total across 2 segments · Q1 2024

  • Television
    $1.78B+3.9%
  • Cable Network Programming
    $1.39B-3.1%

Forward guidance

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.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.7%

Avg return

Earnings day

+1.9%

Avg return

5 days after

+2.6%

Avg return

30 days after

57%

29 / 51 earnings

Positive

+7.6%

Q1 2026

Best reaction

-13.0%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-0.6%+3.0%+7.0%
Q2 2026-0.7%-10.6%-14.9%
Q1 2026+7.6%+6.1%+7.7%
Q3 2025+4.4%+11.6%+8.8%
Q2 2025+4.8%+1.6%+6.6%
Q1 2025+4.6%+6.5%+10.6%
Q4 2024+7.4%+8.2%+11.2%
Q3 2024+3.2%+2.7%+5.5%
Q2 2024-9.3%-3.7%-8.7%
Q1 2024+5.1%+1.6%-0.9%
Q4 2023+4.5%+4.6%-6.7%
Q3 2023-3.1%-4.5%+5.2%
Q2 2023+4.4%+4.8%-2.7%
Q1 2023+3.6%+3.4%+11.2%
Q4 2022+7.4%+7.8%+2.3%
Q3 2022-0.0%+1.8%+0.8%
Q2 2022+7.2%+4.5%-3.7%
Q1 2022-0.7%-2.5%-13.4%
Q4 2021+4.5%+4.2%+5.3%
Q3 2021+2.5%+5.7%+1.2%
Q2 2021-3.3%-0.3%+28.0%
Q1 2021-5.4%-5.3%+10.7%
Q4 2020-5.3%-6.4%+3.8%
Q3 2020+4.9%+6.5%+28.0%
Q2 2020-2.4%-1.9%-24.2%
Q1 2020+6.5%+6.6%+7.9%
Q4 2019-3.8%-4.1%-6.1%
Q3 2019+3.5%+1.9%-8.7%
Q2 2019+0.3%
Q1 2019+1.5%
Q4 2018+0.0%
Q3 2018+0.0%
Q2 2018-6.4%
Q1 2018+4.0%
Q4 2017-0.9%
Q3 2017+1.3%
Q2 2017-3.0%
Q1 2017+5.1%
Q4 2016-3.1%
Q3 2016+0.4%
Q2 2016-3.3%
Q1 2016-5.1%
Q4 2015-13.0%
Q3 2015-2.6%
Q2 2015-4.6%
Q1 2015+0.9%
Q4 2014+6.6%
Q3 2014+5.7%
Q2 2014+1.3%
Q1 2014-0.8%
Q4 2013+1.4%
Q3 2013

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