Fox Corp Posts Record FY2026 Revenue of $17.1B and Adjusted EBITDA of $3.9B, Lifts Dividend

summarizeSummary

Driven by the World Cup and digital growth, Fox Corp reported record full-year revenue of $17.1 billion and Adjusted EBITDA of $3.9 billion for fiscal 2026. The company also raised its semi-annual dividend and updated its share repurchase progress, reinforcing financial strength ahead of the Roku acquisition.

check_boxKey Events · Earnings and Guidance · FOXA

• Record Full-Year Revenue and EBITDA

  Fiscal 2026 revenue reached $17.13 billion, up 5% year-over-year, and Adjusted EBITDA grew 8% to $3.91 billion, both company records.

• World Cup Drives Q4 Advertising Surge

  Q4 advertising revenue jumped 78% to $1.92 billion, primarily due to the FIFA Men's World Cup broadcast, with Television segment EBITDA more than doubling to $705 million.

• Dividend Increased to $0.29 Per Share

  The Board declared a semi-annual dividend of $0.29 per share, payable September 23, 2026, reflecting confidence in ongoing cash generation.

• Share Buyback Update

  Cumulative repurchases reached $6.7 billion for Class A and $1.9 billion for Class B shares, with $3.4 billion remaining under the $12 billion authorization.

auto_awesomeAnalysis · FOXA · Technology

Fiscal 2026 proved to be a standout year for Fox Corp, as full-year revenue climbed to a record $17.1 billion and Adjusted EBITDA advanced to $3.9 billion—both up from the prior year. The fourth quarter was especially powerful, with the FIFA Men's World Cup broadcast propelling advertising revenue 78% higher. Meanwhile, the company launched its direct-to-consumer streaming service, FOX One, and continued to expand Tubi. Set against the pending $22 billion Roku acquisition, these results highlight Fox's operational momentum and cash-generation capabilities. The dividend increase and ongoing share buybacks underscore management's confidence in sustained cash flows, even as the company prepares for a transformative deal.