v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2026
Jun. 28, 2025
Cash flows from operating activities    
Net loss $ (50,981) $ (117,520)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 96,467 0
Stock-based compensation 32,359 0
Amortization of debt premium, net (12,438) 0
Deferred income tax provision 521 0
Amortization of right-of-use assets 2,097 0
Changes in operating assets and liabilities of business:    
Accounts receivable, net (526,541) (112)
Prepaid and other assets (11,137) 0
Accounts payable (7,162) 0
Accrued expenses and other liabilities 89,839 (10,071)
Deferred revenue (28,261) 0
Lease liabilities (1,856) 0
Net cash used in operating activities (417,093) (127,703)
Cash flows from investing activities    
Acquisition of Fubo, net of cash acquired 268,057 0
Purchases of property and equipment (1,066) 0
Capitalization of internal use software (8,045) 0
Net cash provided by investing activities 258,946 0
Cash flows from financing activities    
Proceeds from the issuance of common stock 95 0
Pre-combination net contributions from Disney 394,499 127,703
Proceeds from note payable - related party 145,000
Repayment of convertible notes (144,765) 0
Proceeds from exercise of stock options 102 0
Payment for cancellation of fractional shares (2) 0
Repayments of notes payable and long-term borrowings (354) 0
Net cash provided by financing activities 394,575 127,703
Net increase in cash, cash equivalents and restricted cash 236,428 0
Cash, cash equivalents and restricted cash at beginning of period 0 0
Cash, cash equivalents and restricted cash at end of period 236,428  
Supplemental disclosure of cash flows information:    
Interest paid 11,394 0
Income taxes paid 464 0
Non-cash financing and investing activities:    
Redeemable non-controlling interest 1,825,516 0
Unpaid property and equipment included in accounts payable $ 36 $ 0