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

Fox Corporation (NASDAQ:FOX ) Q4 2024 Results Conference Call August 6, 2024 8:00 AM ET Company Participants Gabrielle Brown - Executive VP & Chief Investor Relations Officer Lachlan Murdoch - Executive Chair & Chief Executive Officer Steven Tomsic - Chief Financial Officer Conference Call Participants Ben Swinburne - Morgan Stanley John Hodulik - UBS Robert Fishman - MoffettNathanson Jessica Reif Ehrlich Cohen - Bank of America Michael Ng - Goldman Sachs. Operator Ladies and gentlemen, thank you for standing by.

Fox Corporation (FOX) Q4 2024 Earnings Call Transcript

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Investors may keep a tab on stocks like BMA, NOG, FOXA, SHIP and MKTX, which have lately hiked their dividend payments.

5 Stocks to Watch on Recent Dividend Hikes Amid Recession Fears

Fox Corporation (FOXA) shares jumped more than 5% in early trading Tuesday after the media company posted a better-than-expected profit on higher affiliate fees and continued growth of its Tubi free TV and movie streaming service.

Fox's Earnings Beat Estimates, Driven by Affiliate Fees, Tubi Growth

Fox's (FOXA) fiscal Q4 results reflect top-line growth, primarily due to a rise in affiliate fees driven by the Television and Cable Network Programming segments.

Fox (FOXA) Q4 Earnings Beat Estimates, Revenues Increase Y/Y

Although the revenue and EPS for Fox (FOXA) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Fox (FOXA) Reports Q4 Earnings: What Key Metrics Have to Say

Fox Corp topped Wall Street expectations for quarterly profit and reported a rise in revenue on Tuesday, helped by steady demand for its Tubi streaming service in the United States, sending its shares up nearly 5% in early trading.

Fox reports rise in quarterly revenue, beats profit estimates

Fox (FOXA) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.88 per share a year ago.

Fox (FOXA) Tops Q4 Earnings Estimates

Fox CEO Lachlan Murdoch noted reinvigorated ratings and share growth at Fox News last quarter and said the company is looking at major momentum at the cable news network and at Fox TV stations heading into a heated election cycle. Fox this morning posted a mixed fiscal fourth quarter with total sales of $3.

Lachlan Murdoch Sees Momentum Building At Fox News & Stations As Political Cycle Heats Up

FOX REPORTS FULL YEAR FISCAL 2024 REVENUES OF $13.98 BILLION,  NET INCOME OF $1.55 BILLION, AND ADJUSTED EBITDA OF $2.88 BILLION NEW YORK , Aug. 6, 2024 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX; "FOX" or the "Company") today reported financial results for the three and twelve months ended June 30, 2024. Commenting on the results, Executive Chair and Chief Executive Officer Lachlan Murdoch said: "Fiscal 2024 was another successful year for FOX with very clear achievements across our portfolio, including delivering strong total company affiliate revenue growth each quarter from our ongoing renewals, cementing Tubi's position as the most watched free TV and movie streaming service in the United States, and generating reinvigorated ratings and share growth at FOX News.

FOX REPORTS FOURTH QUARTER FISCAL 2024 REVENUES OF $3.09 BILLION, NET INCOME OF $320 MILLION, AND ADJUSTED EBITDA OF $773 MILLION

Fox's (FOXA) fourth-quarter fiscal 2024 results are likely to reflect softness in advertising revenues in the Cable Network Programming segment, offset by strength in digital business expansion.

Fox (FOXA) to Report Q4 Earnings: What's in the Offing?

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LOS ANGELES — Venu Sports — the sports streaming platform planned by ESPN, Fox and Warner Bros. Discovery — will be available for $42.99 per month with its planned launch in the fall.

ESPN, Fox and Warner's Venu sports streaming platform to start at $42.99 a month

Venu Sports will be a case study in the value of marketing. Sling TV already sells a product that's similar to Venu Sports, and it's been losing customers for five years.

Venu, a $42.99 per month sports streamer, has a tough marketing challenge to find an audience

Besides Wall Street's top -and-bottom-line estimates for Fox (FOXA), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.

Unveiling Fox (FOXA) Q4 Outlook: Wall Street Estimates for Key Metrics

Venu Sports, the sports-streaming service formed by Walt Disney , Fox and Warner Bros Discovery , will be priced at $42.99 per month with a seven-day free trial, it said on Thursday.

Disney, Fox, Warner sports-streaming venture Venu priced at $42.99 per month

Streaming sports service Venu Sports said it will cost $42.99 a month. It plans to launch this fall.

Sports streaming venture Venu priced at $42.99 a month

Fox (FOXA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Fox (FOXA) Q4 Earnings Expected to Decline

NEW YORK and LOS ANGELES , July 26, 2024 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) will discuss fourth quarter and full year financial results for the 2024 fiscal year ended June 30, 2024, via a live audio webcast beginning at 8:00 a.m. ET / 5:00 a.m.

Fox Corporation Executives to Discuss Fourth Quarter and Full Year Fiscal 2024 Financial Results Via Webcast

Fox News Media and its parent Fox Corp won a ruling on Monday dismissing a lawsuit by a former Biden administration official who accused the media giant of defaming her as a proponent of censorship.

Fox defeats defamation lawsuit by former Biden anti-disinformation official

NEW YORK--(BUSINESS WIRE)--FOX News Digital finished the second quarter 2024 leading all news brands with multiplatform views and minutes, according to Comscore. This marked the 13th consecutive quarter FOX News Digital has been number one with multiplatform minutes and the eighth consecutive quarter it has led with multiplatform views. FOX News Digital closed out the second quarter reaching 9.2 billion total multiplatform minutes, 4.8 billion multiplatform views, and an average of 104 million.

FOX News Digital Continues to Lead News Brands With Multiplatform Minutes and Views During Second Quarter

Fox Entertainment is the latest media company to implement staff reductions, eliminating 30 positions today. The cuts stem from the company's realignment of content and business operations into three groups, the Fox Television Network, Fox Entertainment Studios and sales arm Fox Entertainment Global, which was announced in March.

Fox Entertainment Undergoes Layoffs Following Restructuring

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Fox (FOXA) Stock?

Fox (FOXA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Fox Corporation (FOXA) Hit a 52 Week High, Can the Run Continue?

Fox (FOXA) Nation has announced a new weekly series, Here's the Deal With Kellyanne Conway, which is set to begin on Jul 11 and is expected to boost the top line.

Fox (FOXA) Expands Content Portfolio With New Weekly Series

Fox (FOXA)-owned Fox News Channel maintains its stronghold as the most-watched cable network in the second quarter of 2024.

Fox's (FOXA) News Channel Dominates Cable Ratings in Q2

Fox's (FOXA) Tubi expands its global reach by entering the U.K. streaming market with a content library of more than 20,000 movies and TV episodes.

News for Twenty-First Century Fox Stock (FOXA)