About FuboTV Inc.
FuboTV Inc. (NYSE: FUBO), often branded simply as Fubo, is a U.S.-based live TV streaming company that focuses on delivering premium sports, news, and entertainment content over the internet as an alternative to traditional cable TV. It operates as a virtual multichannel video programming distributor (vMVPD), offering live channels, on-demand shows, and interactive features to subscribers via smart TVs, mobile devices, and computers.
Founded in 2015 originally as a soccer-centric streaming service, later expanding into broader live TV. FuboTV Inc. offers live sports (a key differentiator), news, entertainment, and original FAST (free ad-supported) channels; technology features include multi-view and 4K streaming. Its business model is subscription fees, advertising revenue, and additional services like sports betting (Fubo Sportsbook in select U.S. states).
FuboTV Inc. is ranked among the fastest-growing companies in the Americas and one of the largest live TV streaming providers in the U.S. In early 2025, Fubo entered a major strategic merger with The Walt Disney Company’s Hulu + Live TV business, with Disney taking a majority stake while Fubo remains a publicly traded entity.
Business Combination with Hulu + Live TV
Fubo completed a transformative business combination with Hulu + Live TV in October 2025, with the Hulu Live business now part of Fubo’s results. This combination boosts scale and revenue reporting, and the pro forma figures reflect how Fubo would have looked if the deal had been in place all year.
Partnership & Strategic Moves
Fubo also announced a planned reseller and marketing agreement with ESPN to expand distribution of Fubo’s services via ESPN’s commerce and digital platforms (subject to definitive agreements).
Q1 Global Results
In Q1 FY2026, Fubo reported revenue of $1.549 billion, compared to $1.106 billion in the prior year, representing a 40% year-over-year increase. On a pro forma basis, revenue rose to $1.683 billion from $1.588 billion, reflecting 6% year-over-year growth. The company reported a net loss of $19.1 million, an improvement from a loss of $38.6 million in the prior year. Pro forma net loss narrowed significantly to $46.4 million from $130.4 million. Pro forma adjusted EBITDA improved to $41.4 million, compared to $22.0 million a year earlier. Fubo reported an EPS loss of $0.02 for the quarter and ended the period with a strong liquidity position, holding $458.6 million in cash, cash equivalents, and restricted cash.
North America Results – Q1
In North America, reported revenue increased to $1.543 billion, compared to $1.106 billion in the prior year. On a pro forma basis, North America revenue rose to $1.675 billion from $1.579 billion. Total North America subscribers stood at 6.2 million, compared to 6.3 million in the prior year period.
Rest of World Results – Q1
For the Rest of World segment, reported revenue was $5.8 million, compared to nil in the prior year. Pro forma revenue declined to $8.6 million from $9.4 million. Total Rest of World subscribers were 335,000, compared to 362,000 a year earlier.
Trailing Twelve Month (TTM) Results
On a trailing twelve-month basis, Fubo generated reported revenue of $4.9 billion and pro forma revenue of $6.2 billion. The company reported a TTM net loss of $136.8 million, while TTM pro forma net loss improved to $94.0 million. TTM pro forma adjusted EBITDA stood at $77.9 million, highlighting continued improvement in operating performance.
