Fox (FOX) Operating Expenses (2017 - 2026)

Fox (FOX) recorded quarterly Operating Expenses of $2.5 billion in Q1 2026, down 35.97% quarter-over-quarter from $3.9 billion in Q4 2025, and down 15.89% on a YoY basis from $3.0 billion in Q1 2025.

Fox (FOX) Operating Expenses (2017 - 2026) Analysis & Trends

Fox's Operating Expenses history runs 10 years deep, the most recent figure standing at $2.5 billion for Q1 2026.

  • In Q1 2026, Operating Expenses fell 15.89% year-over-year to $2.5 billion; the TTM figure through Mar 2026 stood at $10.2 billion (down 2.95% YoY), while the FY2025 annual figure was $10.5 billion, up 15.72% from the prior year.
  • Operating Expenses was $2.5 billion for Q1 2026 at Fox, down from $3.9 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $3.9 billion in Q4 2025 to a low of $1.7 billion in Q3 2022.
  • Historically, Operating Expenses has averaged $2.4 billion across 5 years, with a median of $2.1 billion in 2025.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses fell 24.83% in 2024, then jumped 44.63% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $3.5 billion in 2022, then fell by 3.83% to $3.4 billion in 2023, then climbed by 11.29% to $3.8 billion in 2024, then advanced by 3.15% to $3.9 billion in 2025, then slumped by 35.97% to $2.5 billion in 2026.
  • The last three Operating Expenses figures came in at $2.5 billion (Q1 2026), $3.9 billion (Q4 2025), and $2.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 1.56 Bn
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn 21.38 Bn
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn 11.36 Bn
4 Brera Holdings 53.07 Bn 53.07 Bn - 1.60 Mn
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn 1.06 Bn
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn 647.00 Mn
7 Fox 20.41 Bn 16.92 Bn - 2.49 Bn
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 513.16 Mn
9 News 15.92 Bn 14.45 Bn - 952.00 Mn
10 TKO Group Holdings 15.40 Bn 13.70 Bn 862.52 Mn 1.26 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.49 Bn
Dec 31, 2025 3.90 Bn
Sep 30, 2025 2.08 Bn
Jun 30, 2025 1.76 Bn
Mar 31, 2025 2.97 Bn
Dec 31, 2024 3.78 Bn
Sep 30, 2024 2.02 Bn
Jun 30, 2024 1.78 Bn
Mar 31, 2024 2.05 Bn
Dec 31, 2023 3.39 Bn
Sep 30, 2023 1.86 Bn
Jun 30, 2023 1.78 Bn
Mar 31, 2023 2.73 Bn
Dec 31, 2022 3.53 Bn
Sep 30, 2022 1.66 Bn
Jun 30, 2022 1.72 Bn
Mar 31, 2022 2.16 Bn
Dec 31, 2021 3.67 Bn
Sep 30, 2021 1.57 Bn
Jun 30, 2021 1.64 Bn