Fox Corporation reports strong quarter, boosted by advertising and cable growth

Fox Corporation on Wednesday reported its second-quarter earnings that beat analysts' estimates amid growth in advertising revenue from the company's news networks and sports programming.

The company reported $5.18 billion in revenue for the second quarter of its 2026 fiscal year, an increase of 2% from the prior year quarter and above the LSEG estimate of $5.06 billion. Distribution revenues were up 4% in the quarter, driven mainly by 5% growth in Fox's cable network programming segment.