Mon, May 12, 1:31 PM (32 days ago)
**Fox Corporation (FOXA, FOX) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $4.4 billion (Q1 2025) vs. $3.4 billion (Q1 2024), up 27%. - **Net Income:** $354 million (Q1 2025) vs. $704 million (Q1 2024), down 50%. - **EPS:** $0.76 (Q1 2025) vs. $1.41 (Q1 2024). - **Operating Expenses:** $2.97 billion (Q1 2025) vs. $2.05 billion (Q1 2024), up 45%. - **Cash Flow from Operations:** $1.8 billion (9M 2025) vs. $941 million (9M 2024), up 91%. **Profit Margins:** - **Operating Margin:** 10.3% (Q1 2025) vs. 16.2% (Q1 2024). - **Net Margin:** 8.1% (Q1 2025) vs. 20.4% (Q1 2024). **Segment Performance:** - **Cable Network Programming:** Revenue up 11%, Segment EBITDA up 7%. - **Television:** Revenue up 40%, Segment EBITDA down 59%. - **Corporate and Other:** Revenue up 9%, Segment EBITDA down 12%. **Trends & Uncertainties:** - **Revenue Growth:** Driven by higher affiliate fees, advertising, and other revenues. - **Expense Increases:** Due to higher sports programming rights, production costs, and digital content marketing. - **Uncertainties:** Legal settlements, regulatory inquiries, and market competition. **Future Operations Impact:** - **Acquisitions:** Recent acquisition of a digital media company. - **Stock Repurchase:** $750 million spent on repurchasing 17 million shares. - **Dividends:** Semi-annual dividend of $0.27 per share declared. **Key Metrics:** - **Cash & Cash Equivalents:** $4.8 billion (Q1 2025). - **Debt:** $7.2 billion (Q1 2025). - **Credit Ratings:** Baa2 (Moody's), BBB (S&P), both stable. **Forward-Looking:** - **Earnings Changes:** Expect continued political advertising revenue and digital growth. - **Future Performance Obligations:** $4.9 billion expected over the next 1-3 years.