FuboTV (FUBO) Research & Development (2019 - 2025)
FuboTV's (FUBO) quarterly Research & Development came in at -$49.5 million in Q4 2025, up 62.5% year-over-year from -$30.5 million in Q4 2024, and down 1015.62% quarter-over-quarter from $5.4 million in Q2 2025.
Analysis
FuboTV (FUBO) Research & Development (2019 - 2025) Analysis & Trends
FuboTV (FUBO) has reported Research & Development for 7 consecutive years, with -$49.5 million the latest figure, recorded in Q4 2025.
- On a quarterly basis, Research & Development rose 62.5% year-over-year to -$49.5 million in Q4 2025; TTM through Dec 2025 was -$171.9 million, a 7789.53% decrease from a year earlier, with the FY2025 full-year figure at $59.2 million, up 2549.82% from the prior year.
- Research & Development was -$49.5 million for Q4 2025 at FuboTV, down from $5.4 million in the prior quarter.
- Over five years, Research & Development peaked at $69.8 million in Q4 2023 and troughed at -$132.1 million in Q4 2024.
- A 5-year average of $25.7 million and a median of $41.7 million in 2021 frame the typical range for Research & Development.
- Across the five-year window, Research & Development soared 126.24% in 2021 and slumped 289.23% in 2024, its largest moves.
- Over 5 years, Research & Development stood at $41.7 million in 2021, then soared by 38.23% to $57.6 million in 2022, then grew by 21.12% to $69.8 million in 2023, then tumbled by 289.23% to -$132.1 million in 2024, then soared by 62.5% to -$49.5 million in 2025.
- The last three Research & Development figures came in at -$49.5 million (Q4 2025), $5.4 million (Q2 2025), and $4.2 million (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn | 1.01 Bn |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn | 468.43 Mn |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn | -35.00 Mn |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn | -49.52 Mn |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn | -58.45 Mn |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn | -17.75 Mn |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn | - |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn | 12.84 Mn |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn | - |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -49.52 Mn |
| Jun 28, 2025 | 5.41 Mn |
| Mar 29, 2025 | 4.22 Mn |
| Dec 28, 2024 | -132.05 Mn |
| Sep 30, 2024 | 55.23 Mn |
| Jun 30, 2024 | 35.88 Mn |
| Mar 31, 2024 | 43.18 Mn |
| Dec 31, 2023 | 69.79 Mn |
| Sep 30, 2023 | 60.49 Mn |
| Jun 30, 2023 | 33.82 Mn |
| Mar 31, 2023 | 42.95 Mn |
| Dec 31, 2022 | 57.62 Mn |
| Sep 30, 2022 | 55.29 Mn |
| Jun 30, 2022 | 28.16 Mn |
| Mar 31, 2022 | 42.55 Mn |
| Dec 31, 2021 | 41.68 Mn |
| Sep 30, 2021 | 50.38 Mn |
| Jun 30, 2021 | 21.51 Mn |
| Mar 31, 2021 | 22.14 Mn |
| Dec 31, 2020 | 29.62 Mn |