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Fox Corp Financials

FOX
Source SEC Filings (10-K/10-Q) Updated Feb 4, 2026 Currency USD FYE June

This page shows Fox Corp (FOX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 66 / 100
Financial Profile 66/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth
61

Fox Corp's revenue surged 16.6% year-over-year to $16.3B, reflecting rapid business expansion. This strong growth earns a score of 61/100.

Leverage
91

Fox Corp carries a low D/E ratio of 0.55, meaning only $0.55 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 91/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
56

Fox Corp's current ratio of 2.91 indicates adequate short-term liquidity, earning a score of 56/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
71

Fox Corp converts 18.4% of revenue into free cash flow ($3.0B). This strong cash generation earns a score of 71/100.

Returns
54

Fox Corp's ROE of 19.2% shows moderate profitability relative to equity, earning a score of 54/100. This is up from 14.5% the prior year.

Piotroski F-Score Strong
7/9

Fox Corp passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
1.45x

For every $1 of reported earnings, Fox Corp generates $1.45 in operating cash flow ($3.3B OCF vs $2.3B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$16.3B
YoY+16.6%
5Y CAGR+5.8%

Fox Corp generated $16.3B in revenue in fiscal year 2025. This represents an increase of 16.6% from the prior year.

EBITDA
N/A
Net Income
$2.3B
YoY+47.6%
5Y CAGR+16.6%

Fox Corp reported $2.3B in net income in fiscal year 2025. This represents an increase of 47.6% from the prior year.

EPS (Diluted)
$4.91
YoY+56.9%
5Y CAGR+24.8%

Fox Corp earned $4.91 per diluted share (EPS) in fiscal year 2025. This represents an increase of 56.9% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$3.0B
YoY+100.2%
5Y CAGR+8.3%

Fox Corp generated $3.0B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 100.2% from the prior year.

Cash & Debt
$5.4B
YoY+23.9%
5Y CAGR+2.9%

Fox Corp held $5.4B in cash against $6.6B in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
N/A

Margins & Returns

Gross Margin
N/A
Operating Margin
N/A
Net Margin
14.1%
YoY+2.9pp
5Y CAGR+5.4pp

Fox Corp's net profit margin was 14.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 2.9 percentage points from the prior year.

Return on Equity
19.2%
YoY+4.7pp
5Y CAGR+8.7pp

Fox Corp's ROE was 19.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 4.7 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$1.0B
YoY+0.0%
5Y CAGR+10.8%

Fox Corp spent $1.0B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 0.0% from the prior year.

Capital Expenditures
$331.0M
YoY-4.1%
5Y CAGR-1.6%

Fox Corp invested $331.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 4.1% from the prior year.

FOX Income Statement

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Revenue $5K-100.0% $5.2B+38.6% $3.7B+13.7% $3.3B-24.8% $4.4B-13.9% $5.1B+42.5% $3.6B+15.3% $3.1B
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $595-100.0% $595.0M+1.0% $589.0M-0.2% $590.0M+7.1% $551.0M+5.0% $525.0M+4.6% $502.0M-6.9% $539.0M
Operating Income N/A N/A N/A N/A N/A N/A N/A N/A
Interest Expense $120-100.0% $120.0M+20.0% $100.0M+11.1% $90.0M-4.3% $94.0M-19.7% $117.0M+14.7% $102.0M+6.3% $96.0M
Income Tax $75-100.0% $75.0M-60.5% $190.0M-20.8% $240.0M+100.0% $120.0M-5.5% $127.0M-54.8% $281.0M+114.5% $131.0M
Net Income $247-100.0% $247.0M-59.4% $609.0M-15.3% $719.0M+103.1% $354.0M-8.8% $388.0M-53.4% $832.0M+160.0% $320.0M
EPS (Diluted) $0.520.0% $0.52-60.6% $1.32 N/A $0.75-7.4% $0.81-54.5% $1.78 N/A

FOX Balance Sheet

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Total Assets $21K-100.0% $21.5B-5.7% $22.8B-1.8% $23.2B-0.7% $23.4B+1.5% $23.0B+2.1% $22.5B+2.6% $22.0B
Current Assets $7K-100.0% $6.7B-15.6% $8.0B-5.5% $8.4B-3.7% $8.7B+6.2% $8.2B+5.7% $7.8B+3.9% $7.5B
Cash & Equivalents $2K-100.0% $2.0B-53.8% $4.4B-18.4% $5.4B+11.1% $4.8B+44.9% $3.3B-18.0% $4.1B-6.2% $4.3B
Inventory $828-100.0% $828.0M+62.7% $509.0M+17.8% $432.0M-5.1% $455.0M-61.1% $1.2B+47.3% $795.0M+27.0% $626.0M
Accounts Receivable $4K-100.0% $3.6B+26.6% $2.8B+13.7% $2.5B-24.0% $3.3B-6.9% $3.5B+30.0% $2.7B+13.7% $2.4B
Goodwill $4K-100.0% $3.6B0.0% $3.6B-0.1% $3.6B0.0% $3.6B+2.7% $3.5B-0.1% $3.5B+0.1% $3.5B
Total Liabilities $11K-100.0% $10.5B-0.1% $10.6B-6.0% $11.2B-5.1% $11.8B+2.7% $11.5B+2.4% $11.3B0.0% $11.3B
Current Liabilities $2K-100.0% $2.4B-1.8% $2.5B-15.1% $2.9B-18.8% $3.6B+8.2% $3.3B+9.7% $3.0B+1.8% $3.0B
Long-Term Debt $7K-100.0% $6.6B0.0% $6.6B0.0% $6.6B0.0% $6.6B0.0% $6.6B0.0% $6.6B0.0% $6.6B
Total Equity $11K-100.0% $10.9B-10.5% $12.2B+2.1% $12.0B+3.8% $11.5B+0.3% $11.5B+1.9% $11.3B+5.2% $10.7B
Retained Earnings $4K-100.0% $3.8B-20.7% $4.8B+6.5% $4.5B+12.0% $4.0B+1.3% $3.9B+5.8% $3.7B+19.0% $3.1B

FOX Cash Flow Statement

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Operating Cash Flow $799+100.0% -$669.0M-414.6% -$130.0M-108.6% $1.5B-24.9% $2.0B+656.6% -$362.0M-329.1% $158.0M-82.4% $899.0M
Capital Expenditures $226-100.0% $122.0M+17.3% $104.0M-12.6% $119.0M+60.8% $74.0M0.0% $74.0M+15.6% $64.0M-42.9% $112.0M
Free Cash Flow $573+100.0% -$791.0M-238.0% -$234.0M-116.8% $1.4B-28.2% $1.9B+545.2% -$436.0M-563.8% $94.0M-88.1% $787.0M
Investing Cash Flow $393+100.0% -$138.0M+45.9% -$255.0M-96.2% -$130.0M+22.2% -$167.0M-3.1% -$162.0M-107.7% -$78.0M+39.1% -$128.0M
Financing Cash Flow $2K+100.0% -$1.5B-158.2% -$598.0M+29.4% -$847.0M-138.6% -$355.0M-72.3% -$206.0M+40.6% -$347.0M-42.8% -$243.0M
Dividends Paid $147-100.0% $9.0M-93.5% $138.0M+1280.0% $10.0M-92.5% $133.0M+4333.3% $3.0M-97.7% $131.0M+1355.6% $9.0M
Share Buybacks $2K-100.0% $1.6B+520.0% $250.0M0.0% $250.0M0.0% $250.0M0.0% $250.0M0.0% $250.0M0.0% $250.0M

FOX Financial Ratios

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A N/A N/A N/A N/A
Net Margin 4.8%0.0pp 4.8%-11.5pp 16.3%-5.6pp 21.9%+13.8pp 8.1%+0.5pp 7.6%-15.7pp 23.3%+13.0pp 10.3%
Return on Equity 2.3%0.0pp 2.3%-2.7pp 5.0%-1.0pp 6.0%+2.9pp 3.1%-0.3pp 3.4%-4.0pp 7.4%+4.4pp 3.0%
Return on Assets 1.1%0.0pp 1.1%-1.5pp 2.7%-0.4pp 3.1%+1.6pp 1.5%-0.2pp 1.7%-2.0pp 3.7%+2.2pp 1.5%
Current Ratio 2.780.0 2.78-0.5 3.24+0.3 2.91+0.5 2.45-0.0 2.50-0.1 2.59+0.1 2.54
Debt-to-Equity 0.600.0 0.60+0.1 0.54-0.0 0.55-0.0 0.570.0 0.57-0.0 0.59-0.0 0.62
FCF Margin 11.1%+26.3pp -15.3%-9.0pp -6.3%-48.7pp 42.4%-2.0pp 44.4%+53.0pp -8.6%-11.2pp 2.6%-22.8pp 25.4%

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Frequently Asked Questions

Fox Corp (FOX) reported $16.3B in total revenue for fiscal year 2025. This represents a 16.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Fox Corp (FOX) revenue grew by 16.6% year-over-year, from $14.0B to $16.3B in fiscal year 2025.

Yes, Fox Corp (FOX) reported a net income of $2.3B in fiscal year 2025, with a net profit margin of 14.1%.

Fox Corp (FOX) reported diluted earnings per share of $4.91 for fiscal year 2025. This represents a 56.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2025, Fox Corp (FOX) had $5.4B in cash and equivalents against $6.6B in long-term debt.

Fox Corp (FOX) had a net profit margin of 14.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Fox Corp (FOX) has a return on equity of 19.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Fox Corp (FOX) generated $3.0B in free cash flow during fiscal year 2025. This represents a 100.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Fox Corp (FOX) generated $3.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Fox Corp (FOX) had $23.2B in total assets as of fiscal year 2025, including both current and long-term assets.

Fox Corp (FOX) invested $331.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Fox Corp (FOX) spent $1.0B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Fox Corp (FOX) had a current ratio of 2.91 as of fiscal year 2025, which is generally considered healthy.

Fox Corp (FOX) had a debt-to-equity ratio of 0.55 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Fox Corp (FOX) had a return on assets of 9.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Fox Corp (FOX) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Fox Corp (FOX) has an earnings quality ratio of 1.45x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Fox Corp (FOX) scores 66 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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