FuboTV (FUBO) Operating Margin (2013 - 2025)
FuboTV's (FUBO) quarterly Operating Margin came in at 8.32% in Q4 2025, up 334.05% quarter-over-quarter from 3.56% in Q2 2025.
Analysis
FuboTV (FUBO) Operating Margin (2013 - 2025) Analysis & Trends
FuboTV (FUBO) has reported Operating Margin for 12 consecutive years, with 8.32% the latest figure, recorded in Q4 2025.
- On a quarterly basis, Operating Margin changed N/A year-over-year to 8.32% in Q4 2025; TTM through Dec 2025 was 0.74%, a N/A change from a year earlier, with the FY2025 full-year figure at 1.31%, up 218.0% from the prior year.
- Operating Margin was 8.32% for Q4 2025 at FuboTV, up from 3.56% in the prior quarter.
- Over five years, Operating Margin peaked at 8.32% in Q4 2025 and troughed at 65.9% in Q3 2021.
- A 5-year average of 28.22% and a median of 25.53% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin jumped 42782 bps in 2021 and jumped 362 bps in 2022, its largest moves.
- Over 5 years, Operating Margin stood at 34.13% in 2021, then grew by 14 bps to 29.41% in 2022, then surged by 40 bps to 17.58% in 2023, then grew by 14 bps to 15.18% in 2024, then jumped by 155 bps to 8.32% in 2025.
- The last three Operating Margin figures came in at 8.32% (Q4 2025), 3.56% (Q2 2025), and 3.56% (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn | 33.38% |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn | 13.71% |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn | - |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn | 8.32% |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn | -1.67% |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn | -0.40% |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn | -294.65% |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn | -1.65% |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn | 39.49% |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn | -16.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 8.32% |
| Jun 28, 2025 | -3.56% |
| Mar 29, 2025 | -3.56% |
| Sep 30, 2024 | -15.18% |
| Jun 30, 2024 | -9.12% |
| Mar 31, 2024 | -15.74% |
| Dec 31, 2023 | -17.58% |
| Sep 30, 2023 | -25.95% |
| Jun 30, 2023 | -16.79% |
| Mar 31, 2023 | -25.11% |
| Dec 31, 2022 | -29.41% |
| Sep 30, 2022 | -46.05% |
| Jun 30, 2022 | -41.15% |
| Mar 31, 2022 | -50.74% |
| Dec 31, 2021 | -34.13% |
| Sep 30, 2021 | -65.90% |
| Jun 30, 2021 | -61.94% |
| Mar 31, 2021 | -54.36% |
| Dec 31, 2020 | -87.86% |
| Sep 30, 2020 | -493.72% |