Unprecedented Growth in Q2

Fox Corporation has announced a remarkable 20% year-over-year increase in total revenue for the second quarter of fiscal 2025, reaching an astounding $5.1 billion. This growth was significantly bolstered by a 21% rise in advertising revenues, which amounted to $2.4 billion, primarily fueled by higher political ad revenues. Additionally, affiliate fee revenues saw a 6% annual increase, totaling $1.9 billion.

Net Income Skyrockets

The company's net income experienced a dramatic surge, jumping 237% from the previous year to $388 million. This impressive financial performance was reflected in the net income attributable to Fox Corporation stockholders per share, which escalated from $0.23 to $0.81, marking a 252% increase.

Leadership's Perspective

"Our compelling fall sports schedule and a record-breaking presidential election news cycle have driven second-quarter results that underscore the strength and breadth of FOX," stated Fox CEO Lachlan Murdoch. He emphasized that the media giant continues to excel across all metrics. Following the earnings report, Fox's Class A shares saw a 4.54% increase in trading at 8:23 am ET.