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Fox (FOXA) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 11, 2026
Fox (FOXA) reported revenue of $4.0B for the third quarter fiscal 2026 (Q3 FY26), -9% from a year earlier and -23% from the quarter before. Operating margin was 5.9%, net earnings $166M (4.2% of revenue).
Fox, Q3 FY26: revenue $4.0B (-9% year over year), operating margin 5.9%, net earnings $166M, operating cash flow $1.9B. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.0B | -23% | -9% |
| Operating profit | $236M | -27% | -50% |
| Net earnings | $166M | -28% | -52% |
| Operating cash flow | $1.9B | — | -6% |
| Free cash flow | $1.8B | — | -9% |
What changed
Revenue was $4.0B in Q3 FY26, down 9% year over year and down 23% from the previous quarter.
Operating profit was $0.24B, a 5.9% margin (down 4.9 points year over year). Total costs fell 4% while revenue fell 9%. Net earnings were $0.17B, down 52% year over year. The effective tax rate was 25.8%.
Operating cash flow was $1.9B (down 6% year over year), 1087% of net income including minority interests. Non-cash charges added back $0.10B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $1.6B. Capital expenditures of $0.14B left free cash flow of $1.8B.
Questions
What was Fox's revenue in the third quarter fiscal 2026?
Fox (FOXA) reported revenue of $4.0B for the third quarter fiscal 2026 (Q3 FY26), -9% from a year earlier and -23% from the quarter before.
Was Fox profitable in the third quarter fiscal 2026?
Operating profit was $236M (5.9% of revenue) and net earnings $166M.
Source: Fox 10-Q on SEC EDGAR.