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Fox Corp Q1 revenue jumps 22% to $4.57B, driven by World Cup and political ads, net income hits $943M.

Company Fundamentals
02 Nov 2026, 15:00 WIB
PRNewsWire
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Bullish
Fox Corp Q1 revenue jumps 22% to $4.57B, driven by World Cup and political ads, net income hits $943M.

Fox Corporation reported a 22% revenue increase to $4.57 billion for Q1 2027, fueled by strong advertising growth from the FIFA Men's World Cup and political campaigns. Net income rose to $943 million, up from $599 million the previous year, reflecting robust performance across cable and television segments. Adjusted EBITDA also surged 54% to $1.64 billion despite higher costs linked to sports programming and digital content. The company expressed confidence in continuing momentum and shareholder value creation.

Fox Corporation's Q1 2027 results provide context for readers. For those following the media sector, here is Pluang's market snapshot as of Nov 02, 2026 18:12 WIB: Out of 57 US media stocks, 27 rose and 16 fell today. Notable movers include Bilibili Inc at USD 13.28 with a 4.73% increase, SK Telecom Co. Ltd. at USD 31.36 up 3.50%, and EchoStar Corporation at USD 100.30 rising 3.47%.

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