FuboTV Posts $1.48 Billion Revenue on Subscriber Growth, Narrows Losses
Event summary
- $1.48 billion global revenue in Q3 FY 2026, up from $1.074 billion in Q3 FY 2025.
- North America subscribers hit 5.75 million, a 2% year-over-year increase.
- Net loss narrowed to $25.7 million from $38.0 million in the prior-year quarter.
- Adjusted EBITDA of $19.1 million, compared to pro forma $31.0 million in Q3 FY 2025.
- $236.4 million in cash and equivalents as of June 30, 2026.
The big picture
FuboTV's Q3 results reflect steady progress in subscriber acquisition and cost management, but the company must navigate a competitive streaming landscape dominated by deep-pocketed rivals. The integration of Disney’s Hulu + Live TV assets remains critical to its long-term strategy, as it seeks to differentiate itself through flexible programming packages and innovative user experiences.
What we're watching
- Revenue Diversification
- How FuboTV will balance sports programming with broader entertainment offerings to sustain growth.
- Cost Efficiency
- Whether the company can maintain its improved adjusted EBITDA margin amid rising content costs.
- Integration Challenges
- The pace at which FuboTV fully integrates Disney’s Hulu + Live TV business to drive operational synergies.