FuboTV Narrows Loss to $25.7M on $1.48B Revenue; COO Steps Down
FUBO sits 32% above its 52-week low of $7.95 on elevated volume (2.5× avg).
Summary
FuboTV reported a narrower quarterly loss and $1.48 billion in revenue, announced its COO will step down, and disclosed a new patent lawsuit and a CFO trading plan.
Key Events · Earnings and Guidance · FUBO
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Q3 Loss Narrows to $25.7M
Revenue reached $1.48 billion, up from $1.07 billion a year ago, driven by the Hulu Live Business combination. Net loss attributable to common shareholders was $8.2 million, or $0.25 per share, compared to a $38.0 million loss in the prior-year quarter.
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COO Transition Announced
COO Alberto Horihuela will step down effective November 30, 2026, and serve as Founder Advisor through December 2027. This follows the July 2026 appointment of a new CEO, marking significant leadership turnover.
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New Patent Lawsuit Filed
Adeia Media Holdings Inc. sued FuboTV on July 1, 2026, alleging infringement of four patents related to streaming services. The company intends to defend vigorously; outcome and potential damages are uncertain.
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CFO Adopts 10b5-1 Trading Plan
CFO John Janedis adopted a Rule 10b5-1 plan on June 15, 2026, to sell up to 25,088 shares by December 31, 2026. This is a pre-planned sale, not a discretionary trade.
Analysis · FUBO · Trade & Services
FuboTV's Q3 FY2026 results show a sharply narrower net loss of $25.7 million versus $38.0 million a year ago, on revenue of $1.48 billion. The improvement reflects the benefits of the Hulu Live Business combination, though subscriber-related expenses remain high. Separately, COO Alberto Horihuela will transition out of his role by November 30, 2026, adding to recent executive turnover following the CEO change in July. A new patent lawsuit from Adeia Media and the bankruptcy of DISH entities add legal uncertainty, while the CFO's adoption of a 10b5-1 trading plan signals planned insider selling.
At the time of this filing, FUBO was trading at $10.49 on NYSE in the Trade & Services sector, with a market capitalization of approximately $1.2B. The 52-week trading range was $7.95 to $56.64. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.