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Fox Corp. (NASDAQ:FOX) (NASDAQ:FOXA) on Monday posted upbeat fiscal third-quarter 2026 results.
Revenue fell 8.6% year-over-year to $3.994 billion, down from $4.371 billion in the same period last year, topping Wall Street’s consensus estimate of $3.795 billion.
Adjusted net income increased to $570 million, or $1.32 per share, surpassing analysts’ expectations of $1.12 per share and growing from $507 million, or $1.10 per share, a year earlier.
CFO Steve Tomsic said Fox delivered record third-quarter EBITDA growth and strong free cash flow while continuing aggressive share repurchases.
Fox shares fell 2.4% to trade at $66.08 on Tuesday.
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