• by Ray Schultz , November 4, 2024

Fox Corp. achieved revenues of $3.56 billion -- an 11% hike YoY -- in the first quarter of its 2025 fiscal year. 

Ad revenues totaled $1,329 billion, up from $1,200 billion YoY. 

"Fiscal 2025 is off to a solid start across our portfolio with strong audience growth at FOX News, record political advertising across the company, accelerating revenue growth at Tubi and a compelling start to our fall sports calendar,” says Lachlan Murdoch, executive chair and chief executive officer at Fox.

Murdoch adds: “Collectively these contributions have combined to deliver particularly strong financial results in our fiscal first quarter led by notable top line revenue and earnings growth.”

Net income for the quarter totaled $832 million, up from $415 million in the same period in the prior year.