Segment Information (Tables)
|
12 Months Ended |
Jun. 30, 2026 |
| Segment Reporting [Abstract] |
|
| Schedule of Reconciliation of Revenues and Segment EBITDA from Segments to Consolidated |
The tables below present summarized financial information for each of the Company’s reportable segments and Corporate and Other. | | | | | | | | | | | | | | | | | | | For the years ended June 30, | | 2026 | | 2025 | | 2024 | | (in millions) | | Revenues | | | | | | | Cable Network Programming | $ | 7,348 | | | $ | 6,930 | | | $ | 5,955 | | | Television | 9,666 | | | 9,325 | | | 7,875 | | | Total segment revenues | 17,014 | | | 16,255 | | | 13,830 | | | Corporate and Other | 526 | | | 244 | | | 209 | | | Eliminations | (414) | | | (199) | | | (59) | | | Total revenues | $ | 17,126 | | | $ | 16,300 | | | $ | 13,980 | | | Segment EBITDA | | | | | | | Cable Network Programming | $ | 3,099 | | | $ | 3,030 | | | $ | 2,693 | | | Television | 1,438 | | | 945 | | | 506 | | | Total segment EBITDA | 4,537 | | | 3,975 | | | 3,199 | | | Corporate and Other | (631) | | | (351) | | | (316) | | | Amortization of cable distribution investments | — | | | (10) | | | (16) | | | Depreciation and amortization | (410) | | | (385) | | | (389) | | | Restructuring, impairment and other corporate matters | (151) | | | (350) | | | (67) | | | Equity losses of affiliates | (20) | | | (29) | | | (44) | | | Interest expense, net | (274) | | | (227) | | | (216) | | Non-operating other, net | (773) | | | 438 | | | (47) | | | Income before income tax expense | 2,278 | | | 3,061 | | | 2,104 | | | Income tax expense | (551) | | | (768) | | | (550) | | | Net income | 1,727 | | | 2,293 | | | 1,554 | | | Less: Net income attributable to noncontrolling interests | (42) | | | (30) | | | (53) | | | Net income attributable to Fox Corporation stockholders | $ | 1,685 | | | $ | 2,263 | | | $ | 1,501 | |
| | | | | | | | | | | | | | | | | | | For the years ended June 30, | | 2026 | | 2025 | | 2024 | | (in millions) | | Reconciliation of Revenues to Segment EBITDA | | | | | | | Cable Network Programming | | | | | | | Revenues | $ | 7,348 | | | $ | 6,930 | | | $ | 5,955 | | | Operating expenses | (3,562) | | | (3,275) | | | (2,668) | | | Selling, general and administrative | (687) | | | (635) | | | (610) | | | Amortization of cable distribution investments | — | | | 10 | | | 16 | | | Segment EBITDA | $ | 3,099 | | | $ | 3,030 | | | $ | 2,693 | | | Television | | | | | | | Revenues | $ | 9,666 | | | $ | 9,325 | | | $ | 7,875 | | | Operating expenses | (7,101) | | | (7,308) | | | (6,372) | | | Selling, general and administrative | (1,127) | | | (1,072) | | | (997) | | | Segment EBITDA | $ | 1,438 | | | $ | 945 | | | $ | 506 | |
|
| Schedule of Summary of Revenues by Segment by Component to Consolidated |
| | | | | | | | | | | | | | | | | | | For the years ended June 30, | | 2026 | | 2025 | | 2024 | | (in millions) | | Revenues by Segment by Component | | | | | | | Cable Network Programming | | | | | | | Distribution | $ | 4,662 | | | $ | 4,440 | | | $ | 4,291 | | | Advertising | 1,687 | | | 1,531 | | | 1,262 | | | Content and other | 999 | | | 959 | | | 402 | | | Total Cable Network Programming revenues | 7,348 | | | 6,930 | | | 5,955 | | | Television | | | | | | | Advertising | 5,652 | | | 5,334 | | | 4,182 | | | Distribution | 3,346 | | | 3,340 | | | 3,136 | | | Content and other | 668 | | | 651 | | | 557 | | | Total Television revenues | 9,666 | | | 9,325 | | | 7,875 | | | Corporate and Other | 526 | | | 244 | | | 209 | | | Eliminations | (414) | | | (199) | | | (59) | | | Total revenues | $ | 17,126 | | | $ | 16,300 | | | $ | 13,980 | |
|
| Schedule of Reconciliation of Depreciation and Amortization from Segments to Consolidated |
| | | | | | | | | | | | | | | | | | | For the years ended June 30, | | 2026 | | 2025 | | 2024 | | (in millions) | | Depreciation and amortization | | | | | | | Cable Network Programming | $ | 105 | | | $ | 94 | | | $ | 77 | | | Television | 126 | | | 119 | | | 117 | | | Corporate and Other | 179 | | | 172 | | | 195 | | | Total depreciation and amortization | $ | 410 | | | $ | 385 | | | $ | 389 | |
| | | | | | | | | | | | | | | | | | | For the years ended June 30, | | 2026 | | 2025 | | 2024 | | (in millions) | | Capital expenditures | | | | | | | Cable Network Programming | $ | 147 | | | $ | 127 | | | $ | 161 | | | Television | 189 | | | 82 | | | 76 | | | Corporate and Other | 166 | | | 122 | | | 108 | | | Total capital expenditures | $ | 502 | | | $ | 331 | | | $ | 345 | |
|
| Schedule of Reconciliation of Assets from Segments to Consolidated |
| | | | | | | | | | | | | As of June 30, | | 2026 | | 2025 | | (in millions) | | Assets | | | | | Cable Network Programming | $ | 3,216 | | | $ | 2,895 | | | Television | 8,829 | | | 7,924 | | | Corporate and Other | 9,472 | | | 10,755 | | | Investments | 965 | | | 1,621 | | | Total assets | $ | 22,482 | | | $ | 23,195 | |
|
| Schedule of Reconciliation of Goodwill and Intangible Assets, Net from Segments to Consolidated |
| | | | | | | | | | | | | As of June 30, | | 2026 | | 2025 | | (in millions) | | Goodwill and intangible assets, net | | | | | Cable Network Programming | $ | 1,286 | | | $ | 1,290 | | | Television | 4,554 | | | 4,636 | | | Corporate and Other | 677 | | | 682 | | | Total goodwill and intangible assets, net | $ | 6,517 | | | $ | 6,608 | |
|