Revenue segments as reported by the company.

Cable Network Programming

Television

Other, Corporate and Eliminations

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Operating expenses

Selling, general and administrative

Depreciation and amortization

Impairment and restructuring charges

Interest expense, net

Interest income

Other, net

Equity (losses) earnings of affiliates

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Twenty-First Century Fox

Fox is an American multinational mass media corporation that is based in Midtown Manhattan, New York City. It is one of two companies formed from the 2013 spin-off of the publishing assets of News Corporation, as founded by Rupert Murdoch in 1979.

National Geographic in partnership with 21st Century Fox, the Society operates the magazine, TV channels, a website that features extra content and worldwide events, and other media operations. 21st Century Fox owns 73% of National Geographic.

National Geographic

Star TV  sometimes styled as "STAR TV" (standing for Satellite Television Asian Region), is an Asian TV service owned by 21st Century Fox. In 2009, News Corporation restructured Star Asia into 3 units – Star India, Star Greater China and Fox International Channels Asia.

Star TV

Regency Enterprises  is an American entertainment company formed by Arnon Milchan. It was founded in 1991 as the successor to Regency International Pictures formerly known as Embassy International Pictures N.V.

Regency Enterprises

Endmol Shine Group is a Dutch production company of scripted and non-scripted television, responsible for programmes such as Big Brother, MasterChef, The Biggest Loser and Hunted. Endemol Shine Group companies include Dragonfly, Kudos, and Princess Productions.

Endmol Shine Group

Fox Corp. engages in providing television production and broadcasting services. It also provides news under the brands FOX News Media, FOX Sports, FOX Entertainment and FOX Television Stations, and Tubi Media Group. It operates through the following segments: Cable Network Programming, Television, and Other and Corporate. The Cable Network Programming segment refers to the production and licensing of news and sports content distributed primarily through traditional cable television systems, direct broadcast satellite operators, and telecommunication companies and online multi-channel video programming distributors. The Television segment focuses on the acquisition, marketing, and distribution of broadcast network programming. The Other and Corporate segment relates to the FOX Studio Lot, Credible Labs Inc, corporate overhead costs, and intracompany eliminations. The company was founded by Keith Rupert Murdoch on May 3, 2018, and is headquartered in New York, NY.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

FOXA reports strong Q3 earnings, addresses challenges and opportunities

FOXA's Q3 2023 earnings call highlighted robust revenue growth, strong EBITDA, and free cash flow, while also addressing challenges and uncertainties raised by analysts. The company's performance, particularly in advertising and streaming, positions it well for future opportunities.

FOX Corporation excels in Q2 2023 with record revenue and strategic focus

Twenty-First Century Fox (FOXA) demonstrated strong financial results driven by revenue growth and operational excellence across key segments. The company's focus on content quality, viewer engagement, and strategic decision-making underscored its competitive position in the media industry. While challenges and competition persist, FOX Corporation's commitment to innovation and value creation bodes well for future performance and shareholder returns.

Fox Corporation reports strong Q3 earnings and strategic growth focus

Fox Corporation's Q3 2023 earnings call showcased robust revenue growth, strong EBITDA, and a focus on shareholder value through capital returns.
While facing challenges such as net losses and market dynamics, the company's strengths in market leadership and strategic decision-making provide a solid foundation for growth.
Opportunities lie in expanding revenue streams, leveraging digital platforms like Tubi, and embracing innovation to drive future success in a competitive media landscape.

Twenty-First Century Fox (FOXA) reports record fiscal year 2023 performance

Twenty-First Century Fox (FOXA) delivered a strong fiscal year 2023, marked by record revenue and EBITDA growth. While facing challenges such as rising production costs and industry competition, the company's strengths in financial stability and shareholder value return position it well for future opportunities in content expansion and international market growth.

Fox Corporation reports mixed Q1 performance, optimistic about future growth

Twenty-First Century Fox (FOXA) reported a mixed performance in Q1 2024 with total revenues slightly above the prior year, driven by affiliate fee revenue growth but offset by a decline in advertising revenues. The company's focus on core brands, successful programming, and strategic partnerships positions it well for future growth despite challenges in the advertising market. Opportunities in Tubi's growth and linear advertising remain key focus areas for Fox Corporation.

Fox Corporation reports mixed Q2 results but sees growth opportunities

Fox Corporation's Q2 2024 earnings call showcased growth in affiliate fee revenues and Tubi metrics, strong sports advertising demand, and successful programming in FOX Entertainment. Despite challenges such as declining quarterly adjusted EBITDA and total company revenues, the company's new sports platform partnership presents opportunities in the cord-nevers market.

FOX Corporation reports solid Q3 performance, eyes growth through digital

FOX Corporation's Q3 2024 performance reflects resilience and growth in key segments despite challenges in advertising revenues. With a focus on digital platforms and strategic partnerships, the company is well-positioned to capitalize on opportunities in the sports media landscape and drive future growth.

Twenty-First Century Fox (FOXA) reports robust fiscal '24 performance

Twenty-First Century Fox (FOXA) delivered strong financial performance in fiscal '24, with notable achievements across its segments. The company is well-positioned to capitalize on opportunities in affiliate fees, digital growth initiatives, and sports streaming services. Challenges lie in maintaining momentum and navigating competitive dynamics in the evolving media landscape.

Fox Corporation excels in Q1 2025 with record revenues and strategic focus

In summary, Twenty-First Century Fox (FOXA) demonstrated robust financial performance in Q1 2025, driven by strong results across its key segments, including Fox News, Tubi, and Fox Sports.
The company's focus on revenue diversification, operational efficiency, and shareholder value creation underscores its resilience and strategic foresight in navigating the dynamic media landscape.
While challenges such as sustaining viewership levels and adapting to digital trends persist, Fox Corporation's proactive approach and commitment to innovation position it well for future growth and success.

Revenue

Cost of revenue

Gross profit

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

NEW YORK — New York City's pension funds and the state of Oregon sued Fox Corporation on Tuesday, alleging the company harmed investors by allowing Fox News to broadcast falsehoods about the 2020 election that exposed the network to defamation lawsuits.

New York City pension funds and Oregon sue Fox over 2020 election coverage

A group of New York City pension funds, along with others from the state of Oregon, have sued Fox Corp. and its officers and directors for “consciously disregarding defamation risk.

New York City Retirement Funds Sue Fox For “Disregarding Defamation Risk” In Election Coverage

The funds hold millions of dollars worth of Fox shares and had more than $253 billion in assets under management at the end of the 2023 fiscal year.

Fox Sued Again: NYC Pension Funds Allege False Election Coverage Exposed Company To Defamation

Forward Air

It seems only logical that trades by a company's executives would provide a clue to that company's outlook.

Executives Bought Shares at Forward Air and Fox

NEW YORK and LOS ANGELES , Sept. 7, 2023 /PRNewswire/ --  Fox Corporation (Nasdaq: FOXA, FOX) today announced that Chief Financial Officer Steve Tomsic will participate in the BofA Securities 2023 Media, Communications & Entertainment Conference on September 14, at approximately 9:40am (Eastern), 6:40am (Pacific).

Fox Corporation Chief Financial Officer Steve Tomsic to Participate in Upcoming BofA Securities 2023 Media, Communications & Entertainment Conference

Hits 1.4% of Total TV Viewing Time as The Most Watched Free Ad-Supported TV Streaming Service in the U.S. World's Largest Content Library Now Exceeds 200,000 Movies and TV Episodes and Nearly 200 Tubi Originals SAN FRANCISCO , Sept. 6, 2023 /PRNewswire/ -- Tubi (www.tubi.tv), Fox Corporation's (NASDAQ: FOXA, FOX) ad-supported video-on-demand service, today announced the company surpassed 74 million monthly active users and logged nearly 4 billion streaming hours for the first half of the calendar year.

Tubi Surpasses 74 Million Monthly Active Users

Endeavor Group Holdings

Nexstar Media Group

Olin

Purple Innovation

Pioneer Natural Resources

Weibo

As you become more sophisticated in your investing journey, you'll want to pay closer attention to unusual options activity stocks. To briefly explain, options represent a contract that gives the holder the right – but not the obligation – to buy or sell the underlying security (or asset) at the specified strike price on or before the listed expiration date.

7 Stocks to Buy Based on Unusual Options Activity

IRVING, Texas & LOS ANGELES--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST), and Fox Corporation (NASDAQ: FOXA, FOX) today announced that they have reached a comprehensive multi-year agreement renewing the FOX affiliations of 29 Nexstar-owned stations across the United States, including those in six of the country's top twenty markets. In addition, Fox Corporation has reached agreements to renew the FOX affiliations of 12 stations that have shared services agreements with Nexstar, 11.

Nexstar Media and Fox Corporation Renew and Extend Multi-Year Affiliation Agreement

Charter Communications

Disney

Comcast

Paramount Global

Warner Bros Discovery Inc

Disney blocked its cable channels, including ESPN and ABC, from being shown on Charter's Spectrum network after the two companies failed to secure a distribution agreement.

Disney's feud with Spectrum owner Charter slams entertainment stocks

Shares of several U.S. entertainment companies including Fox Corp and Warner Brothers Discovery Inc were dragged down on Friday by a dispute between media heavyweight Disney and cable provider Charter Communications over television distribution fees.

US entertainment shares slide as Disney, Charter squabble over cable fees

Sinclair Inc

Television viewers continued to cut the cord in droves during the latest quarter as the value proposition of traditional TV dwindled further.

1.7 million Americans cut the cord last quarter as traditional TV continues to erode

LOS ANGELES, CA / ACCESSWIRE / August 24, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Fox Corporation ("Fox" or "the Company") (NASDAQ:FOX)(NASDAQ:FOXA) for potential breaches of fiduciary duty on the part of its directors and management. If you are a shareholder, click here to participate.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Fox Corporation and Encourages Investors with Losses to Contact the Firm

The departure comes in the months following Fox and its cable networks' $787.5 million settlement with Dominion Voting Systems to end the defamation lawsuit.

Fox Chief Legal Officer Viet Dinh to step down months after Dominion settlement

NEW YORK and LOS ANGELES , Aug. 11, 2023 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX)  today announced that Chief Legal and Policy Officer Viet Dinh will step down from his position and become a Special Advisor to the Company effective December 31, 2023. "We appreciate Viet's many contributions and service to FOX as both a board member of 21st Century Fox and in his role over the last five years as a valued member of FOX's leadership team," said Lachlan Murdoch, Executive Chair and Chief Executive Officer of Fox Corporation.

VIET DINH TO DEPART FOX CORPORATION

Fox's (FOXA) fourth-quarter fiscal 2023 results reflect increases in fees from third-party FOX affiliates and continued growth at Tubi offset by comparably lower political advertising revenues.

Fox (FOXA) Q4 Earnings Beat Estimates, Ad Revenues Decline

The New York-based media giant earnings of $375 million, or 74 cents per share.

Fox beats profit projections in fourth quarter after boost in ad revenue

Fox Corporation (NASDAQ:FOX ) Q4 2023 Earnings Conference Call August 8, 2023 8:30 AM ET Company Participants Gabrielle Brown - Chief Investor Relations Officer Lachlan Murdoch - Executive Chair & Chief Executive Officer Steve Tomsic - Chief Financial Officer Conference Call Participants Phil Cusick - JPMorgan Jessica Reif - Bank of America John Hodulik - UBS Ben Swinburne - Morgan Stanley Robert Fishman - MoffettNathanson Operator Ladies and gentlemen, thank you for standing by. Welcome to the FOX Corporation Fourth Quarter Fiscal Year 2023 Earnings Conference Call.

Fox Corporation (FOX) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Fox (FOXA) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Fox (FOXA) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Fox (FOXA) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.74 per share a year ago.

Fox (FOXA) Tops Q4 Earnings and Revenue Estimates

Fox Corp. revenue stayed flat in the quarter ending June 30 compared with the year-earlier period, but it matched Wall Street analysts' consensus estimate as earnings beat expectations.

Fox Corp. Hits Quarterly Target Despite Advertising Dip

Broadcaster Fox Corp posted fourth-quarter revenue in-line with Wall Street estimates, as the broadcaster benefited from an industry-wide uptick in advertising.

Fox posts fourth-quarter revenue in-line with estimates

FOX REPORTS FULL YEAR FISCAL 2023  REVENUES OF $14.91 BILLION NET INCOME OF $1.25 BILLION, AND ADJUSTED EBITDA OF $3.19 BILLION NEW YORK , Aug. 8, 2023 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX; "FOX" or the "Company") today reported financial results for the three months and twelve months ended June 30, 2023.  Commenting on the results, Executive Chair and Chief Executive Officer Lachlan Murdoch said:  "Fiscal 2023 showcased the very best of FOX's portfolio while achieving record annual revenue and EBITDA.

FOX REPORTS FOURTH QUARTER FISCAL 2023 REVENUES OF $3.03 BILLION, NET INCOME OF $369 MILLION, AND ADJUSTED EBITDA OF $735 MILLION

LOS ANGELES  and NEW YORK , July 31, 2023 /PRNewswire/ -- Flutter Entertainment plc ("Flutter") (London Stock Exchange/Euronext Dublin: FLTR) and Fox Corporation ("FOX") (Nasdaq: FOX, FOXA), announce today the decision to close sports betting platform FOX Bet. A phased closure of FOX Bet's operations will take place between July 31 and August 31, 2023.

Flutter Entertainment plc and Fox Corporation Announce Close of FOX Bet

NEW YORK and LOS ANGELES , July 25, 2023 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) will discuss fourth quarter and full year financial results for the 2023 fiscal year ended June 30, 2023, via a live audio webcast beginning at 8:30 a.m. ET / 5:30 a.m.

Fox Corporation Executives to Discuss Fourth Quarter and Full Year Fiscal 2023 Financial Results Via Webcast

Mike Biard, a 23-year veteran of Fox Corp., has been appointed president and chief operating officer of Nexstar, the No. 1 owner of local TV stations in the U.S. and the parent of The CW and NewsNation.

News for Twenty-First Century Fox Stock (FOXA)