FuboTV Inc. has completed a significant business combination with Hulu + Live TV, establishing a scaled platform with 6.2 million subscribers. The company is focusing on expanding reach, driving ad tech yields, and maximizing margins, while also announcing a new reseller and marketing arrangement with ESPN to lower customer acquisition costs.
Reported Revenue of $1.549 billion, up 40% year-over-year.
positivePro Forma Revenue of $1.683 billion, up 6% year-over-year.
positiveReported Net Loss of $19.1 million, an improvement from $38.6 million in the prior year.
positivePro Forma Net Loss of $46.4 million, significantly improved from $130.4 million in the prior year.
positivePro Forma Adjusted EBITDA of $41.4 million, up from $22.0 million in the prior year.
positiveEnded the quarter with $458.6 million in cash, cash equivalents, and restricted cash.
positiveTotal North America Subscribers decreased slightly to 6.2 million from 6.3 million in the prior year.
attentionPro forma advertising revenue was $123.5 million, down from $128.7 million in the comparable prior-year period.
negativeRest of World (ROW) subscribers decreased to 0.335 million from 0.362 million in the prior year.
negativeThe company is not currently issuing guidance due to visibility on the impact of combined company initiatives.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
| Segment | Current | Prior Yr | YoY | % Total |
|---|---|---|---|---|
North America | N/A | — | — | — |
Rest of World | N/A | — | — | — |
| Total Revenue | $0.00M | — | — | 100.0% |
Segment performance shows business unit health and growth drivers.
Fiscal 2026 marks a step change in our trajectory with the successful closure of the Hulu + Live TV combination, establishing a scaled platform.
We are accelerating our pursuit to rival industry incumbents with a new reseller and marketing arrangement with ESPN.
2026 is the year of scaling with purpose, focusing on expanding reach, driving higher yields through combined ad tech, and enforcing portfolio discipline to maximize margins.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.