EarningsQ3 2026 Earnings Report
MX:FUBO Q3 2026 EPS Results
Actual EPS-$4.54
Consensus EPS-$5.34
Beat/MissBeat by +$0.80
One Year Ago EPS-$4.36
MX:FUBO Q3 2026 Revenue Results
Actual Revenue$26.93B
Expected Revenue$27.34B
Beat/MissMissed by -$406.43M
YoY Revenue Growth+292.82%
Earnings Announcement Details
QuarterQ3 2026
Date08/05/2026
TimeBefore Open
Conference CallWednesday, August 5, 2026
MX:FUBO Upcoming Earnings
fuboTV's next earnings date is estimated for October 30, 2026, based on past reporting schedules.
Q3 2026 Earnings Call Audio
MX:FUBO Q3 2026 Earnings Call
0:00 / 0:00
Q3 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q3 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mix of constructive operational and strategic progress — stronger ad monetization after migration to Disney's ad server, improved cash position, event-driven subscriber and engagement gains (World Cup), and upgraded near-term adjusted EBITDA guidance with an expectation of positive free cash flow in FY2027. Offsetting these positives were a meaningful sequential decline in adjusted EBITDA year-over-year on a pro forma basis, flat pro forma revenue, modest subscriber growth, and the fact that many programming and vendor synergies are dependent on multiyear renewals and will materialize over time. Management expressed optimism about leveraging Disney partnerships and product/AI investments, but near-term profitability and top-line growth show mixed signals.Company Guidance
Scale and Reported Revenue Growth (North America)
Reported North America revenue of $1.474B in Q3 FY2026 versus $1.074B in the prior year (as-reported +37%). Management notes pro forma revenue was approximately flat year-over-year ($1.474B vs pro forma prior $1.475B), reflecting the Hulu + Live TV combination.
Subscriber Stability and Sequential Improvement
Total North America subscribers at 5.75M, up ~2% year-over-year (5.63M prior year). Seasonal trend reversed vs prior years: instead of the typical ~250k Q3 sequential decline, the company posted a sequential gain of ~25k.
Advertising Monetization Uplift
After migrating Fubo advertising inventory to Disney's ad server, Fubo achieved double-digit increases in CPMs and fill rates versus the prior year; June was the strongest month of ad growth in at least a couple of years and CPMs were up year-over-year for news, sports and entertainment in June.
Stronger Cash Position and Liquidity
Cash, cash equivalents and restricted cash of $236.4M at quarter end; company expects to finish the year with >$200M. Management noted cash balance is greater than the outstanding face value of the 2029 convertible notes, providing financial optionality.
Improved GAAP Net Loss
Net loss narrowed to $25.7M in Q3 FY2026 from $38.0M in the prior year period, an improvement of roughly 32% in the reported net loss.
Upgraded Near-Term Profitability Targets and FCF Outlook
Company updated fiscal 2026 pro forma adjusted EBITDA guidance to $90M–$100M (raising the low end by $10M). Management reiterates expectation of positive free cash flow in FY2027 and FY2028 and at least $300M of adjusted EBITDA in FY2028.
Event-Driven Subscriber and Engagement Gains (World Cup & ESPN Referrals)
World Cup programming contributed to subscriber growth and strong engagement; enhanced Spanish-language offerings performed well. Referrals from ESPN's 'Where to Watch' show higher conversion from free trials to paid and favorable early retention versus other channels.
Product and Technology Progress
UX innovations shipped for the World Cup (including Multiview on LG), AI-driven product features and a roadmap to ship additional AI-driven voice search/discovery in time for football season. Management emphasizes ongoing investment in product, AI and distribution.
MX:FUBO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed