Fox (FOX) Q4 FY2025 earnings: revenue $3.3 billion, up 6.3% on the year
Fox Corp. (FOX) reported revenue of $3.3 billion for Q4 FY2025, the quarter ended 30 June 2025, up 6.3% on the same quarter a year earlier. Net income was $717 million, up 124.8% on the year, and diluted earnings per share $1.57. The figures are the company's own, from the 10-K it filed with the SEC on 6 August 2025.
Revenue
$3.3 billion
+6.3% on the year · -24.8% on the quarter
Q1 FY2024Q4 FY2025
Operating margin
n/a
Q1 FY2024Q4 FY2025
Net income
$717 million
+124.8% on the year · +107.2% on the quarter
Q1 FY2024Q4 FY2025
Diluted EPS
$1.57
+130.9% on the year · +109.3% on the quarter
Q1 FY2024Q4 FY2025
this quarterthe same quarter a year earlierHover a bar for its figure.
Income statement (profit and loss)
$ million
Q4 FY2025
Q3 FY2025
Q4 FY2024
On the quarter
On the year
Last 8 quarters
Revenue
3,287
4,371
3,092
-24.8%
+6.3%
Selling, general and administrative
590
551
539
+7.1%
+9.5%
Interest expense
90.0
94.0
96.0
-4.3%
-6.2%
Pre-tax income
959
474
451
+102.3%
+112.6%
Income tax
240
120
131
+100.0%
+83.2%
Effective tax rate
25.0%
25.3%
29.0%
Net income
717
346
319
+107.2%
+124.8%
Net margin
21.8%
7.9%
10.3%
Diluted EPS
$1.57
$0.75
$0.68
+109.3%
+130.9%
$ million except per share. Read moreFourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q4 FY2025
Q3 FY2025
Q4 FY2024
On the quarter
On the year
Last 8 quarters
Operating cash flow
1,513
2,015
899
-24.9%
+68.3%
Capital expenditure
119
74.0
112
+60.8%
+6.2%
Free cash flow
1,394
1,941
787
-28.2%
+77.1%
Free cash flow margin
42.4%
44.4%
25.5%
Cash from investing
-130
-167
-128
Cash from financing
-847
-355
-243
Depreciation and amortisation
102
95.0
98.0
+7.4%
+4.1%
Share-based compensation
38.0
29.0
21.0
+31.0%
+81.0%
Buybacks
250
250
250
0.0%
0.0%
Dividends paid
10.0
133
9.0
-92.5%
+11.1%
Diluted shares, weighted
461m
461m
480m
0.0%
-4.0%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q4 FY2025
Q3 FY2025
Q4 FY2024
On the quarter
On the year
Last 8 quarters
Shareholders' equity
11,962
11,526
10,714
+3.8%
+11.6%
Non-controlling interest
105
112
100
-6.2%
+5.0%
Redeemable equity
288
228
242
+26.3%
+19.0%
Debt
6,602
7,201
7,197
-8.3%
-8.3%
Operating lease liabilities
822
855
879
-3.9%
-6.5%
Other liabilities
3,416
3,445
2,840
-0.8%
+20.3%
Total liabilities and equity
23,195
23,367
21,972
-0.7%
+5.6%
Fixed assets
1,705
1,660
1,696
+2.7%
+0.5%
Goodwill
3,639
3,639
3,544
0.0%
+2.7%
Intangible assets
2,969
3,030
3,038
-2.0%
-2.3%
Investments
1,621
1,362
1,129
+19.0%
+43.6%
Cash and equivalents
5,351
4,815
4,319
+11.1%
+23.9%
Receivables
2,472
3,252
2,364
-24.0%
+4.6%
Inventory
432
455
626
-5.1%
-31.0%
Other assets
5,006
5,154
5,256
-2.9%
-4.8%
Total assets
23,195
23,367
21,972
-0.7%
+5.6%
Questions
What was Fox's revenue in Q4 FY2025?
Fox (FOX) reported revenue of $3.3 billion for Q4 FY2025, the quarter ended 30 June 2025, up 6.3% on the same quarter a year earlier.
How much did Fox earn in Q4 FY2025?
Net income for Q4 FY2025 was $717 million, up 124.8% on the year, and diluted earnings per share $1.57.
When did Fox report Q4 FY2025 results?
Fox filed its 10-K for the year that ended with the quarter on 6 August 2025; the fourth quarter is the year less the first three.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-K for the period ended 30 June 2025, filed 6 August 2025: the filing.