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| Date | Value |
|---|---|
| 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 |