FuboTV (FUBO) Cost of Revenue (2014 - 2025)
FuboTV's (FUBO) quarterly Cost of Revenue came in at -$23.9 million in Q4 2025, up 45.84% year-over-year from -$16.4 million in Q4 2024, and up 45.84% quarter-over-quarter from -$44.1 million in Q4 2024.
Analysis
FuboTV (FUBO) Cost of Revenue (2014 - 2025) Analysis & Trends
FuboTV (FUBO) has reported Cost of Revenue for 11 consecutive years, with -$23.9 million the latest figure, recorded in Q4 2025.
- On a quarterly basis, Cost of Revenue rose 45.84% year-over-year to -$23.9 million in Q4 2025; TTM through Dec 2025 was -$67.9 million, a N/A change from a year earlier, with the FY2025 full-year figure at $8.9 million, changed N/A from the prior year.
- Cost of Revenue was -$23.9 million for Q4 2025 at FuboTV, up from -$44.1 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $20.3 million in Q1 2022 and troughed at -$44.1 million in Q4 2024.
- A 5-year average of $10.2 million and a median of $15.2 million in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue jumped 92.37% in 2022 and sank 383.44% in 2024, its largest moves.
- Over 5 years, Cost of Revenue stood at $18.3 million in 2021, then increased by 5.56% to $19.3 million in 2022, then slipped by 19.51% to $15.5 million in 2023, then slumped by 383.44% to -$44.1 million in 2024, then soared by 45.84% to -$23.9 million in 2025.
- The last three Cost of Revenue figures came in at -$23.9 million (Q4 2025), -$44.1 million (Q4 2024), and $14.4 million (Q3 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn | 6.04 Bn |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn | 3.70 Bn |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn | 735.00 Mn |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn | -23.86 Mn |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn | 770.95 Mn |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn | 218.77 Mn |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn | 1.92 Mn |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn | 12.36 Mn |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn | 6.31 Mn |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn | 19.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -23.86 Mn |
| Dec 28, 2024 | -44.06 Mn |
| Sep 30, 2024 | 14.39 Mn |
| Jun 30, 2024 | 15.17 Mn |
| Mar 31, 2024 | 14.50 Mn |
| Dec 31, 2023 | 15.55 Mn |
| Sep 30, 2023 | 15.19 Mn |
| Jun 30, 2023 | 18.33 Mn |
| Mar 31, 2023 | 19.76 Mn |
| Dec 31, 2022 | 19.32 Mn |
| Sep 30, 2022 | 16.61 Mn |
| Jun 30, 2022 | 17.16 Mn |
| Mar 31, 2022 | 20.30 Mn |
| Dec 31, 2021 | 18.30 Mn |
| Sep 30, 2021 | 14.32 Mn |
| Jun 30, 2021 | 12.40 Mn |
| Mar 31, 2021 | 10.55 Mn |
| Dec 31, 2020 | 10.27 Mn |
| Sep 30, 2020 | 9.78 Mn |
| Jun 30, 2020 | 9.49 Mn |