FuboTV (FUBO) Operating Expenses (2011 - 2025)
FuboTV (FUBO) posted quarterly Operating Expenses of $344.0 million for Q4 2025, up 1219.68% year-over-year from $26.1 million in Q4 2024, and down 10.87% quarter-over-quarter from $386.0 million in Q2 2025.
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.
- In Q4 2025, Operating Expenses rose 1219.68% year-over-year to $344.0 million; the TTM figure through Dec 2025 stood at $3.0 billion (up 132.77% YoY), while the FY2025 annual figure was $1.6 billion, up 37.08% from the prior year.
- Operating Expenses retreated to $344.0 million in Q4 2025 per FUBO's latest filing, from $386.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $2.3 billion in Q1 2025 and bottomed at -$30.7 million in Q4 2024.
- Historically, Operating Expenses has averaged $439.4 million across 5 years, with a median of $365.3 million in 2022.
- Annual changes were most pronounced in 2021 — Operating Expenses slipped 28.46% — and 2025, when it surged 1219.68%.
- FuboTV's Operating Expenses stood at $309.9 million in 2021, then jumped by 33.32% to $413.2 million in 2022, then fell by 2.18% to $404.2 million in 2023, then plunged by 107.6% to -$30.7 million in 2024, then soared by 1219.68% to $344.0 million in 2025.
- Business Quant data shows FUBO's Operating Expenses at $344.0 million in Q4 2025, $386.0 million in Q2 2025, and $2.3 billion in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.72 Bn | 5.51 Bn | 1.06 Bn | 1.63 Bn |
| 2 | Newsmax | 1.42 Bn | 1.38 Bn | 23.33 Mn | 22.03 Mn |
| 3 | Gray Media | 492.45 Mn | 316.45 Mn | 270.00 Mn | 703.00 Mn |
| 4 | iHeartMedia | 446.01 Mn | 271.57 Mn | 576.68 Mn | 461.62 Mn |
| 5 | FuboTV | 311.57 Mn | -140.84 Mn | 399.10 Mn | 344.01 Mn |
| 6 | E.W. Scripps | 305.74 Mn | 292.69 Mn | 196.33 Mn | 1.65 Bn |
| 7 | CuriosityStream | 171.06 Mn | 122.66 Mn | 16.93 Mn | 14.07 Mn |
| 8 | Mediaco Holding | 84.24 Mn | 82.43 Mn | -1.26 Mn | 38.86 Mn |
| 9 | Saga Communications | 56.01 Mn | 28.17 Mn | 20.50 Mn | 23.44 Mn |
| 10 | Beasley Broadcast | 37.40 Mn | 30.71 Mn | - | 42.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 344.01 Mn |
| Jun 30, 2025 | 385.97 Mn |
| Mar 29, 2025 | 2.31 Bn |
| Dec 28, 2024 | -30.72 Mn |
| Sep 30, 2024 | 444.84 Mn |
| Jun 30, 2024 | 426.64 Mn |
| Mar 31, 2024 | 465.66 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 |
| Sep 30, 2020 | 363.37 Mn |