Fox (FOX) Operating Expenses (2017 - 2026)
Fox (FOX) posted quarterly Operating Expenses of $2.5 billion for Q1 2026, down 15.89% year-over-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.
- 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 for Q1 2026 stood at $2.5 billion, down from $3.9 billion in the prior quarter.
- The five-year high for Operating Expenses was $3.9 billion in Q4 2025, with the low 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.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses declined 24.83% in 2024, then soared 44.63% in 2025.
- Fox's Operating Expenses stood at $3.5 billion in 2022, then declined by 3.83% to $3.4 billion in 2023, then advanced by 11.29% to $3.8 billion in 2024, then gained by 3.15% to $3.9 billion in 2025, then sank by 35.97% to $2.5 billion in 2026.
- Business Quant data shows FOX's Operating Expenses at $2.5 billion in Q1 2026, $3.9 billion in Q4 2025, and $2.1 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 1.32 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 20.49 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 8.48 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 1.24 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 2.38 Bn |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 846.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 527.52 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 991.00 Mn |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 1.12 Bn |
| 10 | Paramount Skydance | 11.45 Bn | 8.18 Bn | -2.08 Bn | -4.64 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.38 Bn |
| 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 |