FOX Corp. has unveiled its financial results for 2025’s third quarter — the first quarter of FOX’s financial year — and the company reported strong earnings.
In total, the company earned $3.58 billion in revenue during July, August, and September. Advertising revenue grew by 6% during the quarter, up to $1.07 billion. In the cable network programming division, that sector rose 7% to $345 million.
Additionally, the company said it would buy back $1.5 billion of its shares after the positive financial results. During the quarter, FOX reported an adjusted earnings per share of $1.51.
In the company’s earnings statement, Lachlan Murdoch shared that the financial results are the product of hard work and great offerings from the company.
“The quality of our assets and their consistent capacity to deliver financially gives me great confidence in the positive outlook for Fox,” Murdoch said.
He added that cable network Fox News played a large role in the company’s results.
“Fox News sustained a strong ratings and audience momentum throughout the quarter,” Murdoch said. “Fox News once again cemented its status as the most-watched cable network in total day and in prime time. Even more impressive, Fox News is the most-viewed network in all television in weekday prime calendar year to date.”
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