Segment Information (Tables)

The tables below present summarized financial information for each of the Company’s reportable segments and Corporate and Other.


	For the three months ended September 30,
	2026		2025
	(in millions)
Revenues
Cable Network Programming	$	1,803	$	1,662
Television	2,713		2,050
Total segment revenues	4,516		3,712
Corporate and Other	246		89
Eliminations	(191)		(63)
Total revenues	$	4,571	$	3,738
Segment EBITDA
Cable Network Programming	$	859	$	800
Television	934		399
Total segment EBITDA	1,793		1,199
Corporate and Other	(152)		(134)
Depreciation and amortization	(118)		(98)
Restructuring, impairment and other corporate matters	(17)		8
Equity losses of affiliates	—		(1)
Interest expense, net	(80)		(50)
Non-operating other, net	(143)		(125)
Income before income tax expense	1,283		799
Income tax expense	(326)		(190)
Net income	957		609
Less: Net income attributable to noncontrolling interests	(14)		(10)
Net income attributable to Fox Corporation stockholders	$	943	$	599


	For the three months ended September 30,
	2026		2025
	(in millions)
Reconciliation of Revenues to Segment EBITDA
Cable Network Programming
Revenues	$	1,803	$	1,662
Operating expenses	(793)		(703)
Selling, general and administrative	(151)		(159)
Segment EBITDA	$	859	$	800
Television
Revenues	$	2,713	$	2,050
Operating expenses	(1,496)		(1,385)
Selling, general and administrative	(283)		(266)
Segment EBITDA	$	934	$	399


	For the three months ended September 30,
	2026		2025
	(in millions)
Revenues by Segment by Component
Cable Network Programming
Distribution	$	1,200	$	1,090
Advertising	373		345
Content and other	230		227
Total Cable Network Programming revenues	1,803		1,662
Television
Advertising	1,708		1,067
Distribution	850		821
Content and other	155		162
Total Television revenues	2,713		2,050
Corporate and Other	246		89
Eliminations	(191)		(63)
Total revenues	$	4,571	$	3,738


	For the three months ended September 30,
	2026		2025
	(in millions)
Depreciation and amortization
Cable Network Programming	$	26	$	26
Television	58		30
Corporate and Other	34		42
Total depreciation and amortization	$	118	$	98


	For the three months ended September 30,
	2026		2025
	(in millions)
Capital expenditures
Cable Network Programming	$	29	$	28
Television	33		32
Corporate and Other	51		44
Total capital expenditures	$	113	$	104