Fox FY2026: revenue +5% to $17.1B, net income -25% to $1.73B on investment losses; Roku deal announced

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-K Aug 6, 2025 · ~2 min read

Key Changes

• high

  Net income fell 25% to $1.73B despite 5% revenue growth, driven by a$$17.1B swing in non-operating investment fair-value losses (from +$438M gain to -$773M loss).

  MD&A: Non-operating other, net verify on EDGAR →
• high

  Announced definitive agreement to acquire Roku for $96 cash + 0.9693 FOX shares per Roku share, subject to stockholder/regulatory approvals; termination fees range $866M–$1.2B.

  Business / MD&A: Roku Transaction verify on EDGAR →
• high

  Returned $2.3B to shareholders (including $1.5B accelerated buyback) while cash fell $1.2B to $4.2B; operating cash flow declined $1.4B to $2.0B on lower ad receipts (no Super Bowl/election).

  MD&A: Cash flows verify on EDGAR →