Fubo Reports Record Q2 Revenue After Hulu Live Fold-In as Profitability Improves

Overview

• Fubo posted about $1.57 billion in quarterly revenue, narrowed its net loss to $6.2 million, and delivered $37.7 million in adjusted EBITDA, which the company says is its best to date.
• The combined service counted 5.9 million subscribers, including 5.7 million in North America, reflecting the addition of Hulu + Live TV after closing a deal with Disney and a slight year-over-year decline.
• Fubo is integrating with Disney’s ad server to sell ads alongside Disney+, Hulu, and ESPN, a move executives say should lift ad rates and fill more ad slots.
• The company outlined a reseller and marketing arrangement with ESPN and expects to place Fubo Sports inside ESPN’s distribution funnel in the first half of 2027, subject to final agreements.
• Shares fell after the results, with one outlet noting the company also announced a reverse stock split slated to be completed by the end of the quarter.