Company: FOX
Filing Date: 2025-02-04
Form Type: 10-Q
Source: 0001628280-25-003592
Chunk: 9

Company: Fox Corp
Filing Date: 2025-02-04
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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FOX CORPORATION

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS

(IN MILLIONS, EXCEPT PER SHARE AMOUNTS)

 For the three months ended December 31,For the six months ended December 31, 2024202320242023Revenues$5,078 $4,234 $8,642 $7,441 Operating expenses(3,776)(3,393)(5,794)(5,255)Selling, general and administrative(525)(495)(1,027)(975)Depreciation and amortization(97)(97)(188)(193)Restructuring, impairment and other corporate matters(170)(18)(196)(9)Equity earnings of affiliates4 1 7 2 Interest expense, net(80)(72)(130)(114)Non-operating other, net81 (29)314 (205)Income before income tax expense515 131 1,628 692 Income tax expense(127)(16)(408)(162)Net income388 115 1,220 530 Less: Net income attributable to noncontrolling interests(15)(6)(20)(14)Net income attributable to Fox Corporation stockholders$373 $109 $1,200 $516  EARNINGS PER SHARE DATAWeighted average shares:Basic457 481 459 487 Diluted462 482 463 488  Net income attributable to Fox Corporation stockholders per share:Basic$0.82 $0.23 $2.61 $1.06 Diluted$0.81 $0.23 $2.59 $1.06 

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 December 31,For the six months ended December 31,2024202320242023Net income$388 $115 $1,220 $530 Other comprehensive (loss) income, net of tax:Benefit plan adjustments and other(5)5 (1)3 Other comprehensive (loss) income, net of tax(5)5 (1)3 Comprehensive income383 120 1,219 533 Less: Net income attributable to noncontrolling interests(a)(15)(