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 Corp (NASDAQ:FOX) has significantly lagged the S&P 500 in the past three months, but one analyst has listed at least five reasons why investors should be buying the dip in Fox. The Analyst: Bank of America analyst Jessica Reif Ehrlich has reiterated her Buy rating and $54 price target for Fox.

Should You Buy Fox Stock Now? Analyst Shares 5 Reasons Why

The budding streaming platform just might more than offset weakness brewing on other media fronts.

Here's How Much Tubi Could Boost Fox's Top Line

This partnership means that Tubi can provide brands a means for more scale to the audiences they want to reach across platforms, says a FOX exec.

FOX Streaming Service Tubi Announces New Partnership Designed To Allow Advertisers To Target Specific Consumers

Flutter Entertainment PLC

The first step requires overcoming their significant differences.

Will a FanDuel and Fox Partnership Be a Sports Betting Powerhouse?

NEW YORK and LOS ANGELES, June 17, 2021 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) (the "Company" or "FOX") today announced that its Board of Directors (the "Board") has authorized incremental stock repurchases of up to an additional $2 billion of the Company's Class A common stock and Class B common stock. With this increase, the Company's total stock repurchase authorization is now $4 billion of which more than $1.56 billion has been completed to date.

Fox Corporation Announces $2 Billion Incremental Stock Repurchase Authorization

Fox Corp. has completed its upfront sales process, with CPM gains across its linear and digital portfolio in the range of 20%, according to a person familiar with the negotiations. No individual network was broken out from the overall set of platforms, meaning recently acquired streaming service Tubi is combined with more mature assets the...

Fox Corp. Completes “Unprecented” Upfront, With Year-Over-Year CPM Gains In The 20% Range

Ally Financial

Citizens Financial Group

Value investors may want to consider the following three securities, since their share prices are trading below their respective Peter Lynch earnings lines. This suggests they could be undervalued.

3 Stocks Trading Below the Peter Lynch Earnings Line

Fox Corporation (NASDAQ: FOXA) shares were gaining ground Wednesday after an analyst at Wells Fargo Securities upgraded the stock.  The Fox Analyst: Analyst Steven Cahall upgraded Fox from Equal-Weight to Overweight and lifted the price target from $42 to $47.

Why Fox's Pivot To Sports Betting Is Turning Wells Fargo Bullish

There are two potential catalysts to spark the stock's growth.

FanDuel Sports Betting Partnership Gives Fox 34% Upside, Analyst Says

Fox Corp (NASDAQ:FOXA) just got an upgrade from Wells Fargo to "overweight" from "equal weight.

Analyst Sees Sports Betting Ventures Carrying FOXA Far

NEW YORK and LOS ANGELES, June 7, 2021 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) today announced that Chief Financial Officer Steve Tomsic will participate at the Credit Suisse 23rd Annual Communications Conference on Monday, June 14 at approximately 12:40pm (Eastern), 9:40am (Pacific). A live and archived webcast of the presentation will be available at investor.foxcorporation.com.

Fox Corporation Chief Financial Officer Steve Tomsic to Participate at Upcoming Credit Suisse 23rd Annual Communications Conference

Fox (FOXA) reported earnings 30 days ago. What's next for the stock?

Why Is Fox (FOXA) Down 2.5% Since Last Earnings Report?

NEW YORK and LOS ANGELES, May 24, 2021 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) today announced that Chief Operating Officer John Nallen will participate in a keynote session at the J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 26 at approximately 12:40pm (Eastern), 9:40am (Pacific).

Fox Corporation Chief Operating Officer John Nallen to Participate at Upcoming J.P. Morgan Global Technology, Media and Communications Conference

Fox's (FOXA) News Digital outperforms other news outlets in total multiplatform minutes in April driven by increased efforts to boost digital presence despite weak advertising demand.

Fox's (FOXA) News Digital Surpasses Peers in April Viewership

eBay

Alphabet

Marathon Petroleum

Willis Towers

Seth Klarman (Trades, Portfolio), portfolio manager of the Baupost Group, disclosed this week that his top five trades for the first quarter included the trimming of his eBay Inc. ( EBAY , Financial) and Fox Corp. ( FOXA , Financial) holdings and the closure of his Marathon Petroleum ( MPC , Financial) position. With the proceeds, Klarman established a position in Wills Towers Watson PLC ( WLTW , Financial) and boosted his stake in Alphabet Inc. ( GOOG , Financial)( GOOGL , Financial).

Seth Klarman's Top 5 Trades of the 1st Quarter

Fox Factory Hld

Fox Factory Holding's (FOXF) CEO Mike Dennison on Q1 2021 Results - Earnings Call Transcript

Nine Energy Service

Nine Energy Service's (NINE) CEO Ann Fox on Q1 2021 Results - Earnings Call Transcript

Fox's (FOXA) third-quarter fiscal 2021 results reflect decline in Television and overall advertising revenues, due to the absence of the prior-year broadcast of Super Bowl LIV.

Fox (FOXA) Q3 Earnings Top Estimates, Revenues Decline Y/Y

Fox's (FOX) CEO Lachlan Murdoch on Q3 2021 Results - Earnings Call Transcript

Fox Corp. said Wednesday that it bested Wall Street's third-quarter estimates despite advertising sales declines compared to last year when it broadcast the Super Bowl. Shares of Fox rose 2 percent in after-hours trading.

Fox sees Q3 profit gain despite sales dip after 2020 Super Bowl

Fox's Outkick acquisition will up its game in the red hot world of sports betting.

Fox Corp. acquires Clay Travis' OutKick in sports betting play

“Consistent with our expectations, Fox News reclaimed its leadership position as America's number one cable news network and the most watched cable network in primetime.”

Fox Reports Q3 Profit Gains As Fox News Jumps Back To Number One

Outkick Media, a sports-focused digital media brand that gained attention in the years after its founding in 2008 by relentlessly attacking ESPN, is being acquired by Fox Corp. Lachlan Murdoch, CEO of Fox, on Fox's earnings call with Wall Street analysts described the deal as a fit with Fox's ongoing push into sports wagering. He...

Fox To Acquire Sports Brand Outkick Media, Which Gained Early Attention By Attacking ESPN

Fox Corp. beat Wall Street analysts' forecasts for its fiscal third quarter, with results that reflected difficult comparisons with the Super Bowl period a year earlier. Earnings per share came in at 96 cents during the period ending March 31, well ahead of analysts' consensus for 58 cents. Total revenue reached $3.22 billion, about $100...

Fox Tops Wall Street's Quarterly Estimates Despite Tough Comparisons With 2020 Super Bowl Period

NEW YORK, May 5, 2021 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) ("FOX" or the "Company") today reported financial results for the three months ended March 31, 2021. The Company reported quarterly net income of $582 million as compared to the $90 million reported in the prior year quarter.

News for Twenty-First Century Fox Stock (FOXA)