Fox Corporation filed its Form 10-Q with the SEC on November 2, 2026, reporting results for the three months ended September 30, 2026, the first fiscal quarter of its 2027 fiscal year.

Key Highlights

  • Revenue of $4,571 million for the three months ended September 30, 2026, compared to $3,738 million in the same period a year earlier, according to the filing.
  • Net income attributable to Fox Corporation stockholders was $943 million, up from $599 million in the prior-year quarter.
  • Diluted earnings per share came to $2.20, versus $1.32 in the three months ended September 30, 2025.
  • Cash and cash equivalents stood at $4,536 million as of September 30, 2026, compared to $4,205 million at June 30, 2026.
  • Net cash provided by operating activities was $616 million for the quarter, a swing from net cash used of $130 million in the year-ago period.
  • Total assets were reported at $23,093 million as of September 30, 2026, up from $22,482 million at June 30, 2026.
  • Shares outstanding as of October 28, 2026, were 201,552,650 Class A shares and 220,248,764 Class B shares, the filing noted.

Fox Corporation's First Quarter Fiscal 2027 Financial Results

According to the filing, Fox Corporation (NASDAQ:FOXA) reported revenues of $4,571 million for the three months ended September 30, 2026, an increase from $3,738 million in the corresponding prior-year quarter. Operating expenses for the period were $2,363 million, and selling, general and administrative expenses were $567 million. Depreciation and amortization totaled $118 million, and restructuring, impairment and other corporate matters represented a charge of $17 million.

The company disclosed income before income tax expense of $1,283 million, compared to $799 million in the same period a year prior. After income tax expense of $326 million, net income was $957 million. Net income attributable to Fox Corporation stockholders was $943 million, with basic earnings per share of $2.24 and diluted earnings per share of $2.20, based on weighted average diluted shares of 428 million.

On the balance sheet, the filing reported total Fox Corporation stockholders' equity of $12,466 million as of September 30, 2026, up from $11,628 million at June 30, 2026, reflecting the quarter's net income partially offset by dividends of $122 million charged to retained earnings. Borrowings were reported at $6,607 million. The company noted no share repurchases in the financing activities for the current quarter, compared to $250 million in repurchases in the prior-year period. Net cash used in investing activities was $139 million, driven primarily by $113 million in property and equipment expenditures.

What Was Disclosed

Fox Corporation disclosed its unaudited consolidated financial statements for the three months ended September 30, 2026, covering income, comprehensive income, balance sheet positions, cash flows, and equity changes, as part of its quarterly report on Form 10-Q filed November 2, 2026.