Company: FOX
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001628280-25-024466
Chunk: 8

Company: Fox Corp
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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FOX CORPORATION

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS

(IN MILLIONS, EXCEPT PER SHARE AMOUNTS)

 For the three months ended March 31,For the nine months ended March 31, 2025202420252024Revenues$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)— Interest expense, net(55)(55)(185)(169)Non-operating other, net(158)244 156 39 Income before income tax expense474 961 2,102 1,653 Income tax expense(120)(257)(528)(419)Net income354 704 1,574 1,234 Less: Net income attributable to noncontrolling interests(8)(38)(28)(52)Net income attributable to Fox Corporation stockholders$346 $666 $1,546 $1,182  EARNINGS PER SHARE DATAWeighted average shares:Basic453 474 457 482 Diluted461 475 462 484  Net income attributable to Fox Corporation stockholders per share:Basic$0.76 $1.41 $3.38 $2.45 Diluted$0.75 $1.40 $3.35 $2.44 

The accompanying notes are an integral part of these Unaudited Consolidated Financial Statements.

1

FOX CORPORATION 

UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(IN MILLIONS)

For the three months ended March 31,For the nine months ended March 31,2025202420252024Net income$354 $704 $1,574 $1,234 Other comprehensive income, net of tax:Benefit plan adjustments and other3 1 2 4 Other comprehensive income, net of tax3 1 2 4 Comprehensive income357 705 1,576 1,238 Less: Net income attributable to noncontrolling interests(a)(8