FuboTV FUBO
NYSE FUBO
$10.04 +0.14 (+1.41%)
At close: Sep 18, 2026 · 4:00 PM EDT

FuboTV (FUBO) Operating Expenses (2011 - 2025)

FuboTV's (FUBO) quarterly Operating Expenses came in at $344.0 million in Q4 2025, up 278.65% year-over-year from $90.9 million in Q4 2024, and down 89.95% quarter-over-quarter from $3.4 billion in Q2 2025.

Analysis

FuboTV (FUBO) Operating Expenses (2011 - 2025) Analysis & Trends

FuboTV (FUBO) has reported Operating Expenses for 15 consecutive years, with $344.0 million the latest figure, recorded in Q4 2025.

  • On a quarterly basis, Operating Expenses rose 278.65% year-over-year to $344.0 million in Q4 2025; TTM through Dec 2025 was $5.9 billion, a 414.18% increase from a year earlier, with the FY2025 full-year figure at $1.6 billion, up 37.08% from the prior year.
  • Operating Expenses was $344.0 million for Q4 2025 at FuboTV, down from $3.4 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $3.4 billion in Q2 2025 and troughed at -$192.6 million in Q4 2024.
  • A 5-year average of $593.0 million and a median of $365.3 million in 2022 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses slumped 139.93% in 2024 and jumped 702.26% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at $309.9 million in 2021, then surged by 33.32% to $413.2 million in 2022, then climbed by 16.71% to $482.3 million in 2023, then sank by 139.93% to -$192.6 million in 2024, then jumped by 278.65% to $344.0 million in 2025.
  • The last three Operating Expenses figures came in at $344.0 million (Q4 2025), $3.4 billion (Q2 2025), and $2.3 billion (Q1 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Netflix 298.93 Bn 289.80 Bn 6.52 Bn 1.51 Bn
2 Spotify Technology 104.93 Bn 94.01 Bn 1.86 Bn 640.46 Mn
3 Tencent Music Entertainment 12.20 Bn 9.10 Bn 582.00 Mn -191.00 Mn
4 FuboTV 1.09 Bn 3.01 Bn 399.10 Mn 344.01 Mn
5 iQIYI 974.56 Mn 490.38 Mn 152.37 Mn -938.70 Mn
6 Huya 920.96 Mn 560.70 Mn 37.58 Mn -39.77 Mn
7 Mega Matrix 211.73 Mn 204.42 Mn 3.03 Mn -18.35 Mn
8 Kaltura 203.35 Mn 172.05 Mn 34.54 Mn 35.31 Mn
9 CuriosityStream 164.31 Mn 115.92 Mn 16.93 Mn 14.07 Mn
10 Cineverse 50.40 Mn 46.08 Mn 10.66 Mn 35.72 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 344.01 Mn
Jun 28, 2025 3.42 Bn
Mar 29, 2025 2.31 Bn
Dec 28, 2024 -192.56 Mn
Sep 30, 2024 444.84 Mn
Jun 30, 2024 426.64 Mn
Mar 31, 2024 465.66 Mn
Dec 31, 2023 482.27 Mn
Sep 30, 2023 404.22 Mn
Jun 30, 2023 365.25 Mn
Mar 31, 2023 405.83 Mn
Dec 31, 2022 413.22 Mn
Sep 30, 2022 328.60 Mn
Jun 30, 2022 313.46 Mn
Mar 31, 2022 365.28 Mn
Dec 31, 2021 309.95 Mn
Sep 30, 2021 259.95 Mn
Jun 30, 2021 211.95 Mn
Mar 31, 2021 184.80 Mn
Dec 31, 2020 197.40 Mn