Fox Corporation reported Nov. 2 that fiscal first-quarter revenue increased 22% from a year earlier to $4.57 billion, as World Cup broadcasts, political advertising and digital growth helped lift advertising sales. The results cover the three months ended Sept. 30, 2026.
Advertising revenue rose 47%, with the company citing the FIFA Men’s World Cup, higher political advertising and continued digital growth led by Tubi. Distribution revenue increased 9%.
Revenue gains outpace higher programming costs
Quarterly net income reached $957 million, compared with $609 million a year earlier. Adjusted earnings before interest, taxes, depreciation and amortization increased 54% to $1.64 billion. That adjusted operating measure is not the same as reported net income.
Fox said higher revenue was partly offset by increased sports-rights amortization and production expenses associated with the World Cup, along with higher digital-content costs. The results therefore reflect both the commercial benefit and the expense of major programming.
The company scheduled a discussion of the results for 8:30 a.m. Eastern Nov. 2. Its October announcement said the live presentation and an archived webcast would be available through investor relations, providing an on-record route for management’s additional explanation.
For advertisers and media buyers, the business distinction is between a quarter supported by particular events and a continuing trend that can be assumed in later periods. Fox’s reported growth does not establish that every advertising category expanded at the same rate or that event-driven revenue will recur in each quarter.