FuboTV (FUBO) Research & Development (2019 - 2025)

FuboTV's (FUBO) quarterly Research & Development came in at -$95.1 million in Q4 2025, up 29.53% year-on-year from -$73.5 million in Q4 2024, and down 417.62% on a QoQ basis from $30.0 million in Q2 2025.

FuboTV (FUBO) Research & Development (2019 - 2025) Analysis & Trends

FuboTV (FUBO) has 7 years of Research & Development data on file, last reported at -$95.1 million in Q4 2025.

  • On a quarterly basis, Research & Development rose 29.53% year-over-year to -$95.1 million in Q4 2025; TTM through Dec 2025 was -$196.0 million, a 238.42% decrease from a year earlier, with the FY2025 full-year figure at $13.6 million, up 508.99% from the prior year.
  • Research & Development for Q4 2025 stood at -$95.1 million, down from $30.0 million in the prior quarter.
  • Over the last five years, Research & Development for FUBO reached as high as $89.0 million in Q4 2021 and fell as low as -$135.0 million in Q4 2024.
  • Historically, Research & Development has averaged $14.6 million across 5 years, with a median of $20.6 million in 2024.
  • Across the five-year window, Research & Development surged 798.14% in 2021 and tumbled 78.92% in 2025, its largest moves.
  • Year by year, Research & Development stood at $89.0 million in 2021, then sank by 35.28% to $57.6 million in 2022, then advanced by 5.0% to $60.5 million in 2023, then sank by 323.2% to -$135.0 million in 2024, then advanced by 29.53% to -$95.1 million in 2025.
  • Per Business Quant data, the three most recent Research & Development figures were -$95.1 million in Q4 2025, $30.0 million in Q2 2025, and $4.2 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Nexstar Media 5.66 Bn 5.23 Bn 785.00 Mn -
2 Newsmax 840.22 Mn 799.79 Mn 21.36 Mn -
3 iHeartMedia 565.51 Mn 430.46 Mn 509.13 Mn -
4 Gray Media 389.45 Mn 130.45 Mn 213.00 Mn -
5 E.W. Scripps 268.40 Mn 184.68 Mn 206.07 Mn -
6 FuboTV 251.35 Mn -201.06 Mn 399.10 Mn -95.15 Mn
7 CuriosityStream 140.99 Mn 107.64 Mn 11.62 Mn -
8 Mediaco Holding 83.31 Mn 80.20 Mn -3.44 Mn -
9 Saga Communications 51.99 Mn 21.56 Mn 17.72 Mn -
10 Beasley Broadcast 37.48 Mn 31.05 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 -95.15 Mn
Jun 30, 2025 29.96 Mn
Mar 29, 2025 4.22 Mn
Dec 28, 2024 -135.02 Mn
Sep 30, 2024 21.19 Mn
Jun 30, 2024 35.88 Mn
Mar 31, 2024 20.04 Mn
Sep 30, 2023 60.49 Mn
Jun 30, 2023 17.78 Mn
Mar 31, 2023 42.95 Mn
Dec 31, 2022 57.62 Mn
Sep 30, 2022 17.60 Mn
Jun 30, 2022 18.04 Mn
Mar 31, 2022 18.72 Mn
Dec 31, 2021 89.02 Mn
Sep 30, 2021 15.26 Mn
Jun 30, 2021 21.51 Mn
Mar 31, 2021 22.14 Mn
Dec 31, 2020 9.91 Mn
Sep 30, 2020 22.27 Mn