Company: FOX
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001628280-25-047354
Chunk: 11

Company: Fox Corp
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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FOX CORPORATION

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS

(IN MILLIONS, EXCEPT PER SHARE AMOUNTS)

 For the three months ended September 30, 20252024Revenues$3,738 $3,564 Operating expenses(2,084)(2,018)Selling, general and administrative(589)(502)Depreciation and amortization(98)(91)Restructuring, impairment and other corporate matters8 (26)Equity (losses) earnings of affiliates(1)3 Interest expense, net(50)(50)Non-operating other, net(125)233 Income before income tax expense799 1,113 Income tax expense(190)(281)Net income609 832 Less: Net income attributable to noncontrolling interests(10)(5)Net income attributable to Fox Corporation stockholders$599 $827  EARNINGS PER SHARE DATAWeighted average shares:Basic447 461 Diluted455 464  Net income attributable to Fox Corporation stockholders per share:Basic$1.34 $1.79 Diluted$1.32 $1.78 

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 September 30,20252024Net income$609 $832 Other comprehensive income, net of tax:Benefit plan adjustments and other— 4 Other comprehensive income, net of tax— 4 Comprehensive income609 836 Less: Net income attributable to noncontrolling interests(a)(10)(5)Comprehensive income attributable to Fox Corporation stockholders$599 $831 

(a)Net income attributable to noncontrolling interests includes $1 million and $(2) million for the three months ended September 30, 2025 and 2024, respectively, relating to redeemable noncontrolling interests.

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

2

FOX CORPORATION

CONSOLIDATED BALANCE SHEETS

(IN MILLIONS, EXCEPT SHARE AND PER SHARE AMOUNTS)

As ofSeptember 30,2025As ofJune 30, 2025(unaudited) (audited) ASSETSCurrent assets  Cash and cash equivalents$4,368