Fox Corp Q3 revenue dips to $3.99B; adjusted net income rises to $570M on cost cuts and digital growth

Fox Corporation reported Q3 2026 revenue of $3.99 billion, down from $4.37 billion a year earlier, mainly due to lower advertising revenue without the Super Bowl LIX broadcast. However, adjusted net income rose to $570 million from $507 million, driven by cost reductions and growth in digital streaming via Tubi. Cable Network Programming and Television segments showed mixed results, with distribution revenue up but advertising down. Fox highlights its strong position in live programming and upcoming FIFA World Cup coverage as key growth drivers.