Fox Corporation
NASDAQ:FOXA · NASDAQ Global Select
+$0.67 today
Vol 23.24M · Avg 3.93M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NASDAQ:FOXA · Revenue to Net Income
Key Ratios
Analysis
$16.2B of revenue converted into $1.7B of net income for the selected period. Gross margin is 36.4% and net margin is 11.6%, showing how much revenue survives after costs and taxes. EPS is $3.79, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16.3B +16.6% | $14.0B -6.3% | $14.9B +6.7% | $14.0B +8.3% | $12.9B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $10.9B | $0 | $0 | $0 | $0 | $725.6M | $804.0M | $882.4M |
| Gross Profit | $5.4B -61.4% | $14.0B -6.3% | $14.9B +6.7% | $14.0B +8.3% | $12.9B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 33.1% -66.9pp | 100.0% +0.0pp | 100.0% +0.0pp | 100.0% +0.0pp | 100.0% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $2.2B +7.1% | $2.0B -1.2% | $2.0B +6.7% | $1.9B +6.3% | $1.8B | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $2.2B -81.2% | $11.5B -5.3% | $12.1B +6.6% | $11.4B +12.4% | $10.1B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $385.0M -1.0% | $389.0M -5.4% | $411.0M +13.2% | $363.0M +21.0% | $300.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $3.8B +32.8% | $2.9B +16.1% | $2.5B +2.5% | $2.4B -32.6% | $3.6B | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 23.6% +2.9pp | 20.7% +4.0pp | 16.7% -0.7pp | 17.4% -10.6pp | 28.0% | 5.6% | 46.3% | 42.0% |
| Operating Income | $3.2B +30.3% | $2.5B -10.3% | $2.8B +7.4% | $2.6B -6.9% | $2.8B | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 19.8% +2.1pp | 17.7% -0.8pp | 18.5% +0.1pp | 18.4% -3.0pp | 21.4% | 16.6% | 24.1% | 22.0% |
| Interest Income | $176.0M -6.9% | $189.0M +44.3% | $131.0M +2083.3% | $6.0M +50.0% | $4.0M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $403.0M -0.5% | $405.0M +16.0% | $349.0M -7.4% | $377.0M -4.6% | $395.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$168.0M +55.1% | -$374.0M +63.6% | -$1.0B -16.8% | -$880.0M -675.2% | $153.0M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $3.1B +45.5% | $2.1B +21.2% | $1.7B +2.5% | $1.7B -41.9% | $2.9B | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 18.8% +3.7pp | 15.1% +3.4pp | 11.6% -0.5pp | 12.1% -10.5pp | 22.6% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $768.0M +39.6% | $550.0M +13.9% | $483.0M +4.8% | $461.0M -35.7% | $717.0M | $1.3B | -$1.6B | $745.2M |
| Net Income | $2.3B +50.8% | $1.5B +21.1% | $1.2B +2.8% | $1.2B -44.0% | $2.1B | $4.9B | $4.8B | $4.7B |
| Net Margin | 13.9% +3.1pp | 10.7% +2.4pp | 8.3% -0.3pp | 8.6% -8.0pp | 16.7% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $5 +58.3% | $3 +34.2% | $2 +9.9% | $2 -41.5% | $4 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $5 +56.9% | $3 +34.3% | $2 +10.4% | $2 -41.6% | $4 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $461.0M -3.6% | $478.0M -9.6% | $529.0M -6.5% | $566.0M -4.2% | $591.0M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $461.0M -4.0% | $480.0M -9.6% | $531.0M -6.8% | $570.0M -4.2% | $595.0M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

Nebius Group N.V.
NASDAQ:NBIS
$69.08B

Live Nation Entertainment, Inc.
NYSE:LYV
$39.75B

Chunghwa Telecom Co., Ltd.
NYSE:CHT
$35.22B

Vodafone Group Public Limited Company
NASDAQ:VOD
$32.96B
Telefónica, S.A.
TEF
$21.49B

Charter Communications, Inc.
NASDAQ:CHTR
$17.84B

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
NYSE:TLK
$14.69B

Pinterest, Inc.
NYSE:PINS
$13.55B
Liberty Live Group
NASDAQ:LLYVK
$9.08B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does FOXA generate?
Fox Corporation (FOXA) reported $16.30B of revenue in fiscal 2025.
Is FOXA profitable?
Fox Corporation (FOXA) reported $2.26B of net income, with a net margin of 13.9%.
Explore More
Continue the stock analysis
Jump to another research area for this company.