Fox Corp $17.1 bn revenue, Q4 ad boost from World Cup

Fox Corporation reported record annual revenue and a surge in its fiscal fourth quarter, driven overwhelmingly by its broadcast of the 2026 FIFA Men's World Cup. The company announced the results on Thursday, August 6, 2026, revealing that advertising revenue skyrocketed 78% in the quarter ending June 30, largely due to the soccer tournament.

For the full fiscal year 2026, Fox's revenue increased 5% to $17.13 billion, while earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 8% to a record $3.9 billion. The fourth quarter saw even more dramatic growth, with revenue climbing 28% to $4.2 billion and EBITDA increasing 27% to $1.2 billion. Adjusted earnings per share for the quarter were $1.79, surpassing analyst expectations.

Executive Chair and CEO Lachlan Murdoch described fiscal 2026 as an exceptional year, capped by the World Cup broadcast. The event delivered record audience levels, with 128.4 million people in the United States watching some portion of the tournament across Fox's platforms. The 104 matches averaged 7.7 million viewers, a 116% increase over the 2022 World Cup.

The financial impact was most pronounced in the television segment, where...