FuboTV Q3 Revenue Reaches $1.48B as Losses Narrow and EBITDA Outlook Improves
FUBO is trading near its 52-week low of $7.95 (13% above the low).
Summary
FuboTV reported Q3 FY2026 revenue of $1.48 billion, narrowed its net loss to $25.7 million, and raised its full-year EBITDA guidance, reflecting early progress under new CEO Alisa Bowen.
Key Events · Earnings and Guidance · FUBO
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Revenue Stable, Profitability Improves
Q3 revenue of $1.482 billion was essentially flat vs. pro forma $1.484 billion a year ago, but net loss narrowed to $25.7 million from $72.0 million, and Adjusted EBITDA was $19.1 million.
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Full-Year EBITDA Guidance Raised
Management lifted the low end of FY2026 Pro Forma Adjusted EBITDA guidance to $90 million (from $80 million), keeping the high end at $100 million, and reaffirmed the FY2028 target of at least $300 million.
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Subscriber Growth and Cash Position
North America subscribers grew 2% YoY to 5.75 million; the company ended the quarter with $236.4 million in cash and expects positive free cash flow in FY2027.
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New CEO's Strategic Update Ahead
CEO Alisa Bowen, appointed in July, will present a strategic update on the November earnings call, with early signs of progress in advertising and subscriber acquisition via ESPN integration.
Analysis · FUBO · Trade & Services
FuboTV delivered a solid quarter with revenue roughly flat year-over-year on a pro forma basis at $1.48 billion, but the real story is the sharp improvement in profitability — net loss narrowed to $25.7 million from $72 million a year ago, and Adjusted EBITDA came in at $19.1 million. Management raised the low end of its full-year EBITDA guidance to $90 million, signaling confidence in the integration of Hulu + Live TV and the new CEO's early strategic moves. With $236 million in cash and a path to positive free cash flow by 2027, the company is showing it can scale without burning through its balance sheet. The new CEO, Alisa Bowen, is already putting her stamp on the business, and the market will be watching for the strategic update promised on the November call.
At the time of this filing, FUBO was trading at $8.99 on NYSE in the Trade & Services sector, with a market capitalization of approximately $1B. The 52-week trading range was $7.95 to $56.64. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.