Fox Corp. Revenue Scores $17 Billion in 2026 Thanks to the World Cup
Quarterly revenue rose 28%, and the cable network segment saw an increase of 7% The post Fox Corp. Revenue Scores $17 Billion in 2026 Thanks to the World Cup appeared first on TheWrap .
Fox Corporation reported a revenue of $17.13 billion for the fiscal year 2026, marking a 5% increase from the previous year. This growth can be attributed to the cable network division's expansion and advertising revenue surges, primarily driven by the FIFA Men’s World Cup. The company disclosed its fourth quarter earnings on Thursday, just before the market opened, exceeding analysts' expectations with a 28% increase in revenue for the quarter, reaching $4.21 billion.
Analysts had anticipated $3.64 billion. Earnings per share for the quarter stood at $1.61, outperforming the expected $1.38.
Advertising revenue witnessed a significant 7% increase throughout the year, largely credited to the World Cup's impact. Distribution revenue also rose by 4%, with a notable 5% growth in the cable network programming segment. However, this was partially offset by the absence of the Super Bowl, which Fox previously broadcasted with NBC.
Additionally, political advertising revenue declined. Content and other revenue grew by 4%, driven by sports sublicensing. In the fourth quarter alone, Fox Corporation earned $4.21 billion, a 28% increase from the same period in 2025. The World Cup, cable news operations, and Tubi's digital growth were instrumental in this boost.
Advertising revenue saw an impressive 78% rise due to the World Cup and Tubi's growth. Distribution revenue increased by 5%, primarily due to a 7% rise in the cable network programming segment. Nevertheless, content and other revenue declined by 2.6% due to the timing of sublicensing revenue.
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