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Fox Posts $17.1 Billion Year as World Cup Fuels Large Q4 Ad Surge

The company is pushing streaming expansion and a $22 billion Roku purchase to turn a concentrated sports-driven ad windfall into longer-term growth.

Overview

  • Fox reported fiscal 2026 revenue of $17.13 billion, a 5% increase from the prior year driven by distribution gains and higher advertising.
  • Quarterly revenue for April–June rose 28% to $4.21 billion with ad sales jumping 78% during the World Cup, while quarterly net income fell about 3% to $696 million.
  • Fox highlighted growth at streaming platform Tubi and the new FOX One direct-to-consumer service as offsetting forces to linear-TV headwinds.
  • In June the company agreed to buy Roku in a $22 billion cash-and-stock deal that Fox says will expand its distribution, data-driven ad reach, and scale.
  • Management reported record top-line revenue and EBITDA and said it will keep current NFL arrangements through the existing contract period as it seeks to convert World Cup momentum into sustained growth.