Fox Corporation filed its Annual Report on Form 10-K for the fiscal year ended June 30, 2026, with the U.S. Securities and Exchange Commission, disclosing full-year results, business operations, and a pending agreement to acquire Roku, Inc.

Key Highlights

  • Roku acquisition announced: On June 14, 2026, Fox Corporation entered into a definitive agreement to acquire Roku, Inc. for a combination of cash and Fox Class A Common Stock.
  • Deal terms: Fox will pay $96.00 in cash and 0.9693 shares of Fox Class A Common Stock for each share of Roku Class A Common Stock and Roku Class B Common Stock outstanding immediately prior to the effective time of the merger, according to the filing.
  • Shares outstanding: As of August 4, 2026, 199,401,385 shares of Class A Common Stock and 220,248,764 shares of Class B Common Stock were outstanding.
  • Market value of non-affiliate holdings: As of December 31, 2025, the aggregate market value of Class A Common Stock held by non-affiliates was approximately $14.5 billion at $73.07 per share, and Class B Common Stock held by non-affiliates was approximately $9.0 billion at $64.93 per share.
  • Four operating segments: The company manages its businesses in four operating segments: Cable Network Programming, Television, Credible, and the FOX Studio Lot, with Cable Network Programming and Television as the two reportable segments.
  • Television segment includes Tubi: The Television segment includes the FOX broadcast network, advertising-supported video-on-demand service Tubi, and 29 full power broadcast television stations, including 11 duopolies.

Fox Corporation's Fiscal 2026 10-K: Roku Deal and Business Overview

Fox Corporation, whose Class A Common Stock (NASDAQ: FOXA) and Class B Common Stock (trading symbol: FOX) are listed on The Nasdaq Global Select Market, filed its annual report covering the fiscal year ended June 30, 2026. The company describes itself as "a news, sports and entertainment company," managing four operating segments: Cable Network Programming, Television, Credible, and the FOX Studio Lot. The two reportable segments are Cable Network Programming and Television.

The most significant disclosure in the filing concerns a pending acquisition. According to the filing, on June 14, 2026, Fox Corporation and Roku, Inc. entered into a definitive merger agreement under which Fox agreed to acquire Roku for a combination of cash and Fox Class A Common Stock. The stated terms are $96.00 in cash plus 0.9693 shares of Fox Class A Common Stock per Roku share. The filing states that "the exchange ratio is fixed and will not be adjusted," and that upon completion, Roku will become a wholly-owned subsidiary of Fox. The transaction remains subject to stockholder approvals from both companies, Hart-Scott-Rodino antitrust clearance, consents or approvals under certain other antitrust and investment screening laws, and other customary conditions. Both boards have unanimously approved the agreement, according to the filing.

The filing also provides share count and market value data. As of August 4, 2026, 199,401,385 Class A shares and 220,248,764 Class B shares were outstanding. As of December 31, 2025, non-affiliate holdings of Class A shares were valued at approximately $14.5 billion based on a closing price of $73.07, while non-affiliate Class B holdings were valued at approximately $9.0 billion based on a closing price of $64.93. Fox became a standalone publicly traded company on March 19, 2019, following the spin-off from Twenty-First Century Fox, Inc.

What Was Disclosed

Fox Corporation's fiscal year 2026 Form 10-K covers the company's business segments, share counts, market values, and the June 2026 definitive agreement to acquire Roku, Inc. in a cash-and-stock transaction pending regulatory and stockholder approvals.