NYSE$FUBO
FuboTV Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
fuboTV's Q3 2021 earnings showcased strong growth in subscribers, revenue, and advertising, alongside margin expansion and strategic acquisitions.
fuboTV announced a record third quarter with significant growth across key metrics. Total paid subscribers increased by 108% to 944,605, total revenue grew by 156% to $156.7 million, and advertising revenue increased by 147% to $18.6 million. The company also increased its full year 2021 revenue guidance to $612-617 million and year-end subscriber guidance to 1,060,000-1,070,000.
- Total paid subscribers increased by 108% year-over-year to 944,605.
- Total revenue grew by 156% year-over-year to $156.7 million.
- Advertising revenue increased by 147% year-over-year to $18.6 million.
- fuboTV passed the one million subscriber mark since closing the quarter.
Headline financials
Revenue & EPS history
fuboTV · Revenue · Quarterly
$157M
Revenue by segment
fuboTV · $18.6M total across 1 segment · Q3 2021
- Advertising$18.6M—100.0%
Forward guidance
fuboTV is increasing its full year 2021 revenue guidance to $612-617 million, representing a 135% increase at the mid-point compared to 2020. The company is also increasing its end-of-year subscriber guidance to 1,060,000-1,070,000, representing a 94% increase at the midpoint compared to 2020.
Tailwinds
- Revenue guidance increased to $612-617 million, representing 135% year-over-year growth.
- Year-end subscriber guidance increased to 1,060,000-1,070,000, representing 94% year-over-year growth.
- The guidance implies fourth quarter revenue to be between $205 million and $210 million, up 97% year-over-year at the midpoint.
- Subscriber outlook implies full year 2021 net additions of approximately 517,120, 123% higher than full year 2020.
- Guidance does not include any projected revenues from Fubo Sportsbook nor from fourth quarter 2021 M&A activity.
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 Q3 2021
-3.2%
Avg return
Earnings day
-5.6%
Avg return
5 days after
-1.8%
Avg return
30 days after
39%
13 / 33 earnings
Positive
+66.1%
Q1 2023
Best reaction
-28.9%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -15.9% | -19.9% | -23.1% | |
| Q4 2025 | -22.7% | -30.4% | -45.4% | |
| Q2 2025 | +0.0% | +1.6% | +8.4% | |
| Q1 2025 | -17.9% | -10.9% | +24.9% | |
| Q4 2024 | -13.9% | -12.5% | -17.6% | |
| Q3 2024 | -16.7% | -19.0% | -7.5% | |
| Q2 2024 | -5.3% | -3.8% | +26.0% | |
| Q1 2024 | -9.0% | -20.6% | -19.4% | |
| Q4 2023 | -10.6% | -16.4% | -23.7% | |
| Q3 2023 | +8.4% | +4.4% | +21.2% | |
| Q2 2023 | -19.0% | -25.2% | -17.4% | |
| Q1 2023 | +66.1% | +65.2% | +50.0% | |
| Q4 2022 | -17.7% | -27.2% | -52.2% | |
| Q3 2022 | +3.5% | -15.3% | -16.5% | |
| Q2 2022 | +18.8% | +24.0% | +15.8% | |
| Q1 2022 | -28.9% | -26.7% | -26.9% | |
| Q4 2021 | +4.7% | +6.7% | -13.0% | |
| Q3 2021 | -24.4% | -27.1% | -44.0% | |
| Q2 2021 | +13.9% | +3.2% | +4.2% | |
| Q1 2021 | +18.5% | +25.6% | +70.2% | |
| Q4 2020 | -12.0% | -22.7% | -42.1% | |
| Q3 2020 | +9.4% | +4.6% | +97.3% | |
| Q2 2020 | +2.1% | -1.4% | -14.6% | |
| Q1 2020 | -13.1% | +3.3% | -3.0% | |
| Q4 2019 | -4.9% | -14.6% | -5.7% | |
| Q3 2019 | -4.1% | -1.8% | -18.6% | |
| Q2 2019 | +0.5% | +0.5% | +32.9% | |
| Q1 2019 | -3.9% | -1.3% | -9.7% | |
| Q4 2018 | -4.3% | — | — | |
| Q3 2018 | +2.3% | — | — | |
| Q2 2018 | +2.4% | — | — | |
| Q1 2018 | -25.0% | — | — | |
| Q4 2017 | +12.9% | — | — | |
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