Modest Revenue Growth
FOX generated $5.18B in revenue for Q2 FY2026, a 2.0% increase compared to $5.08B in the prior-year period, suggesting steady top-line performance despite a challenging media environment.
来源: 10-Q Income Statement
该报告暂无中文版，以下为英文版分析。
AI核心结论
FOX Corporation reported Q2 FY2026 revenue of $5.18B (+2.0% YoY), but EPS fell sharply to $0.52 (-35.8% YoY) while the company deployed $1.8B in share buybacks year-to-date, reflecting significant capital return activity alongside rising costs.
营收
51.82亿美元
同比 +2.05%
每股收益（稀释）
0.52美元
同比 -35.80%
提交于 · 解读更新于 · 来源: SEC EDGAR 10-Q 原文
SEC XBRL 原值
Fox (FOX) Q2 FY2026 营收 51.82亿美元，同比增长 2.0%。 FOX 的财年 Q2 FY2026 对应日历 Q4 2025。
近 4 个季度：4 次超预期
| 季度 | 实际 EPS（美元） | 市场预期（美元） | 结果 |
|---|---|---|---|
| 2026年6月 | 1.79 | 1.45 | 超预期 +23.3% |
| 2026年3月 | 1.32 | 0.99 | 超预期 +33.9% |
| 2025年12月本次财报 | 0.82 | 0.51 | 超预期 +61.7% |
| 2025年9月 | 1.51 | 1.10 | 超预期 +37.4% |
2025年12月 调整后（非 GAAP） EPS 0.82美元，分析师一致预期 0.51美元，超预期 +61.7%。 分析师一致预期按市场通行的调整后（非 GAAP）口径。本季 GAAP 稀释每股收益为 0.52美元。
由 AI 基于本次 SEC 报告整理
FOX generated $5.18B in revenue for Q2 FY2026, a 2.0% increase compared to $5.08B in the prior-year period, suggesting steady top-line performance despite a challenging media environment.
来源: 10-Q Income Statement
Basic EPS dropped 35.4% YoY to $0.53 from $0.82, and diluted EPS fell 35.8% to $0.52 from $0.81, indicating that net income declined materially even as revenue grew modestly — likely driven by higher costs and/or non-operating items.
来源: 10-Q Income Statement
Selling, General & Administrative expenses rose 13.3% YoY to $595M from $525M, outpacing revenue growth of 2.0% and compressing profitability margins during the quarter.
来源: 10-Q Income Statement
FOX repurchased $1.8B in shares on a fiscal year-to-date basis through Q2 FY2026, a 260% increase versus $500M in the same prior-year period, which significantly drove financing cash outflows of -$2.14B YTD.
来源: 10-Q Cash Flow Statement
Year-to-date operating cash flow was -$799M compared to -$204M in the prior-year period, a 291.7% deterioration, suggesting working capital headwinds or timing differences in cash collections and payments during the first half of FY2026.
来源: 10-Q Cash Flow Statement
由 AI 基于本次 SEC 报告整理 · 高 2 中 3 低 0
EPS declined 35.8% YoY even as revenue grew 2.0%, indicating that cost growth — particularly SG&A up 13.3% — is significantly outpacing revenue. If this trend continues, profitability could erode further and pressure the stock's valuation multiples.
来源: 10-Q Income Statement
Year-to-date operating cash flow of -$799M represents a sharp deterioration from -$204M in the prior-year period. Sustained negative operating cash flow could limit FOX's ability to fund operations, investments, and capital returns without drawing on existing cash reserves or debt.
来源: 10-Q Cash Flow Statement
FOX deployed $1.8B in share buybacks and $147M in dividends YTD, totaling nearly $1.95B in capital returns against a backdrop of negative operating cash flow. This pace of capital return is being funded by balance sheet cash rather than earnings, which reduced current assets by 18.3% YoY to $6.73B.
来源: 10-Q Cash Flow Statement & Balance Sheet
Total assets fell 6.7% YoY to $21.47B and stockholders' equity declined 4.9% to $10.93B, reflecting the drawdown of cash for buybacks and other uses. A shrinking equity base increases financial leverage over time.
来源: 10-Q Balance Sheet
Long-term debt stands at $6.60B, essentially flat YoY, while equity has declined, meaning the debt-to-equity ratio has effectively increased. In a rising-cost environment, servicing this debt load could become a more significant burden on free cash flow.
来源: 10-Q Balance Sheet
| 指标 | 当期 | 上期 | 同比变化 |
|---|---|---|---|
营收 亿美元 | 51.82 亿美元 | 50.78 亿美元 | +2.05% |
每股收益（基本） 美元 | 0.53 美元 | 0.82 美元 | -35.37% |
每股收益（稀释） 美元 | 0.52 美元 | 0.81 美元 | -35.80% |
销售及管理费用 亿美元 | 5.95 亿美元 | 5.25 亿美元 | +13.33% |
答案基于本次 SEC 报告与本页数据