Fox Corp. Files Q2 Fiscal 2025 10-Q Report
Ticker: FOX · Form: 10-Q · Filed: Feb 4, 2025 · CIK: 1754301
| Field | Detail |
|---|---|
| Company | Fox CORP (FOX) |
| Form Type | 10-Q |
| Filed Date | Feb 4, 2025 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 20 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, quarterly-filing, financials
TL;DR
Fox Corp Q2 FY25 10-Q filed. Financials and ops details inside.
AI Summary
Fox Corp. filed its 10-Q for the period ending December 31, 2024. The filing covers the second quarter of their fiscal year 2025. Key financial details and operational updates for this period are detailed within the report.
Why It Matters
This filing provides investors and analysts with the latest financial performance and operational status of Fox Corp., crucial for understanding the company's trajectory and making informed investment decisions.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing standard financial disclosures.
Key Players & Entities
- Fox Corp. (company) — Filer of the 10-Q report
- 2024-12-31 (date) — End of the reporting period
- 20250204 (date) — Date the filing was made
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is December 31, 2024.
When was this 10-Q filing submitted to the SEC?
This 10-Q filing was submitted on February 4, 2025.
What is Fox Corp.'s fiscal year end?
Fox Corp.'s fiscal year ends on June 30.
What is the SEC file number for Fox Corp.?
The SEC file number for Fox Corp. is 001-38776.
What is the primary SIC code listed for Fox Corp.?
The primary SIC code listed for Fox Corp. is 4833, which corresponds to Television Broadcasting Stations.
Filing Stats: 4,944 words · 20 min read · ~16 pages · Grade level 16.3 · Accepted 2025-02-04 09:19:47
Key Financial Figures
- $0.01 — stered Class A Common Stock, par value $0.01 per share FOXA The Nasdaq Global Select
Filing Documents
- fox-20241231.htm (10-Q) — 1200KB
- foxa-20241231x10qex311.htm (EX-31.1) — 10KB
- foxa-20241231x10qex312.htm (EX-31.2) — 10KB
- foxa-20241231x10qex321.htm (EX-32.1) — 6KB
- 0001628280-25-003592.txt ( ) — 5723KB
- fox-20241231.xsd (EX-101.SCH) — 37KB
- fox-20241231_cal.xml (EX-101.CAL) — 70KB
- fox-20241231_def.xml (EX-101.DEF) — 194KB
- fox-20241231_lab.xml (EX-101.LAB) — 389KB
- fox-20241231_pre.xml (EX-101.PRE) — 304KB
- fox-20241231_htm.xml (XML) — 855KB
Financial Information
Part I. Financial Information Item 1.
Financial Statements
Financial Statements Unaudited Consolidated Statements of Operations for the three and six months ended December 31, 2024 and 2023 1 Unaudited Consolidated Statements of Comprehensive Income for the three and six months ended December 31, 2024 and 2023 2 Consolidated Balance Sheets as of December 31, 2024 (unaudited) and June 30, 2024 (audited) 3 Unaudited Consolidated Statements of Cash Flows for the six months ended December 31, 2024 and 2023 4 Unaudited Consolidated Statements of Equity for the three and six months ended December 31, 2024 and 2023 5 Notes to the Unaudited Consolidated Financial Statements 6 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 20 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 30 Item 4.
Controls and Procedures
Controls and Procedures 31
Other Information
Part II. Other Information Item 1.
Legal Proceedings
Legal Proceedings 32 Item 1A.
Risk Factors
Risk Factors 32 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 32 Item 3. Defaults Upon Senior Securities 32 Item 4. Mine Safety Disclosures 32 Item 5. Other Information 32 Item 6. Exhibits 33 Signature 34 FOX CORPORATION UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS (IN MILLIONS, EXCEPT PER SHARE AMOUNTS) For the three months ended December 31, For the six months ended December 31, 2024 2023 2024 2023 Revenues $ 5,078 $ 4,234 $ 8,642 $ 7,441 Operating expenses ( 3,776 ) ( 3,393 ) ( 5,794 ) ( 5,255 ) Selling, general and administrative ( 525 ) ( 495 ) ( 1,027 ) ( 975 ) Depreciation and amortization ( 97 ) ( 97 ) ( 188 ) ( 193 ) Restructuring, impairment and other corporate matters ( 170 ) ( 18 ) ( 196 ) ( 9 ) Equity earnings of affiliates 4 1 7 2 Interest expense, net ( 80 ) ( 72 ) ( 130 ) ( 114 ) Non-operating other, net 81 ( 29 ) 314 ( 205 ) Income before income tax expense 515 131 1,628 692 Income tax expense ( 127 ) ( 16 ) ( 408 ) ( 162 ) Net income 388 115 1,220 530 Less: Net income attributable to noncontrolling interests ( 15 ) ( 6 ) ( 20 ) ( 14 ) Net income attributable to Fox Corporation stockholders $ 373 $ 109 $ 1,200 $ 516 EARNINGS PER SHARE DATA Weighted average shares: Basic 457 481 459 487 Diluted 462 482 463 488 Net income attributable to Fox Corporation stockholders per share: Basic $ 0.82 $ 0.23 $ 2.61 $ 1.06 Diluted $ 0.81 $ 0.23 $ 2.59 $ 1.06 The accompanying notes are an integral part of these Unaudited Consolidated Financial Statements. 1 FOX CORPORATION UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (IN MILLIONS) For the three months ended December 31, For the six months ended December 31, 2024 2023 2024 2023 Net income $ 388 $ 115 $ 1,220 $ 530 Other comprehensive (loss) income, net of tax: Benefit plan adjustments and other ( 5 ) 5 ( 1 ) 3 Other comprehensive (loss) income, net of tax ( 5 ) 5 ( 1 ) 3 Comprehensive income 383 120 1,219 5