Fox's fourth quarter revenue surged 28% to $4.21B, beating estimates on World Cup advertising.

Fox reported fourth quarter fiscal 2026 revenue of $4.21 billion and adjusted EPS of $1.79, significantly beating analyst estimates. Full year revenue reached a record $17.13 billion. The quarterly outperformance was driven by a massive surge in advertising revenue from the broadcast of the FIFA Men's World Cup.

Key Highlights

• Fourth quarter advertising revenue soared 78% year-over-year to $1.92 billion, primarily fueled by the broadcast of the FIFA Men's World Cup.
• The Television segment was the primary growth driver, with revenue increasing 45% to $2.48 billion and segment EBITDA growing 129% to $705 million.
• For the full fiscal year 2026, Fox reported revenue growth of 5% to $17.13 billion and an 8% increase in Adjusted EBITDA to $3.91 billion.