NYSE$FUBO
FuboTV Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
FuboTV's third quarter was marked by progress against its long-term plan of continued growth with improved profitability.
FuboTV posted North American subscription revenue growth of 42% year-over-year and North American ad revenue grew 21% year-over-year. The company closed the quarter with $307.4 million in cash, cash equivalents, restricted cash and short-term investments.
- FuboTV remains committed to its goal of driving controlled growth and generating positive free cash flow in 2025.
- The company decided to close the Fubo Gaming business and cease operation of its owned-and-operated Fubo Sportsbook in support of its profitability goals.
- FuboTV posted North American subscription revenue growth of 42% year-over-year, and North American ad revenue grew 21% year-over-year.
- The company achieved a sequential improvement in Operating Cash Flow and year-over-year improvement in Adjusted EBITDA (AEBITDA) Margin.
Headline financials
Revenue & EPS history
fuboTV · Revenue · Quarterly
$225M
Revenue by segment
fuboTV · $1.48B total across 4 segments · Q3 2025
- Related party$1.07B—72.1%
- Subscription$300M—20.3%
- Advertising$109M—7.4%
- Other$4.52M—0.3%
Forward guidance
Q4 2022 guidance projects 1,355,000 - 1,375,000 subscribers and revenue of $277.5 - $282.5 million for North America Streaming. ROW Streaming is guiding to Q4 2022 revenue of $5.0 - $6.0 million and total year-end subscribers of 355,000 - 365,000.
Tailwinds
- North America Streaming Q4 2022 guidance projects 1,355,000 - 1,375,000 subscribers, representing 22% year-over-year growth at the midpoint.
- North America Streaming Q4 2022 guidance projects revenue of $277.5 - $282.5 million, representing 22% year-over-year growth at the midpoint.
- Full-year North America Streaming revenue guidance updated to $949.7 - $954.7 million, representing 50% year-over-year growth at the midpoint.
- ROW Streaming Q4 2022 revenue guidance of $5.0 - $6.0 million.
- ROW Streaming total year-end subscribers guidance of 355,000 - 365,000.
Headwinds
- Actual operating results may differ significantly from guidance due to the current macroeconomic environment.
- Risks related to FuboTV’s access to capital and fundraising prospects to fund its ongoing operations and support its planned growth.
- Risks related to diverting management’s attention from FuboTV’s ongoing business operations to address integration and fundraising efforts.
- Restrictions imposed by content providers on our distribution and marketing of our products and services.
- Reliance on third party platforms to operate certain aspects of our business.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2022
-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 |
|---|---|---|---|---|
| Q3 2025 | — | — | — | |
| 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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