v3.25.1
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]        
Revenues $ 4,371 $ 3,447 $ 13,013 $ 10,888
Operating expenses (2,965) (2,050) (8,759) (7,305)
Selling, general and administrative (551) (510) (1,578) (1,485)
Depreciation and amortization (95) (98) (283) (291)
Restructuring, impairment and other corporate matters (55) (15) (251) (24)
Equity losses of affiliates (18) (2) (11) 0
Interest expense, net (55) (55) (185) (169)
Non-operating other, net (158) 244 156 39
Income before income tax expense 474 961 2,102 1,653
Income tax expense (120) (257) (528) (419)
Net income 354 704 1,574 1,234
Less: Net income attributable to noncontrolling interests [1] (8) (38) (28) (52)
Net income attributable to Fox Corporation stockholders $ 346 $ 666 $ 1,546 $ 1,182
Weighted average shares:        
Basic (in shares) 453 474 457 482
Diluted (in shares) 461 475 462 484
Net income attributable to Fox Corporation stockholders per share:        
Basic (in dollars per share) $ 0.76 $ 1.41 $ 3.38 $ 2.45
Diluted (in dollars per share) $ 0.75 $ 1.40 $ 3.35 $ 2.44
[1]
Net income attributable to noncontrolling interests includes $1 million and $(1) million for the three months ended March 31, 2025 and 2024, respectively, and nil and $(5) million for the nine months ended March 31, 2025 and 2024, respectively, relating to redeemable noncontrolling interests.