Fox (FOX) Operating Expenses (2017 - 2026)
Fox's (FOX) quarterly Operating Expenses came in at $2.5 billion in Q1 2026, down 15.89% year-on-year from $3.0 billion in Q1 2025, and down 35.97% quarter-over-quarter from $3.9 billion in Q4 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.
- On a quarterly basis, Operating Expenses fell 15.89% year-over-year to $2.5 billion in Q1 2026; TTM through Mar 2026 was $10.2 billion, a 2.95% decrease from a year earlier, with the FY2025 full-year figure at $10.5 billion, up 15.72% from the prior year.
- Operating Expenses declined to $2.5 billion in Q1 2026 per FOX's latest filing, from $3.9 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $3.9 billion in Q4 2025 and bottomed at $1.7 billion in Q3 2022.
- The 5-year median for Operating Expenses is $2.1 billion (2025), against an average of $2.4 billion.
- Across the five-year window, Operating Expenses decreased 24.83% in 2024 and soared 44.63% in 2025, its largest moves.
- Year by year, Operating Expenses 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 plunged by 35.97% to $2.5 billion in 2026.
- Per Business Quant, the three latest FOX Operating Expenses figures stand at $2.5 billion (Q1 2026), $3.9 billion (Q4 2025), and $2.1 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 1.32 Bn |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 21.38 Bn |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | 11.36 Bn |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | 1.52 Bn |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 647.00 Mn |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 513.16 Mn |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 1.26 Bn |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 2.49 Bn |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 952.00 Mn |
| 10 | Sirius Xm Holdings | 10.04 Bn | 9.96 Bn | 2.09 Bn | 1.64 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 |