FOX Fox Corporation (Class B)

FY2025 10-K
Filed: Aug 6, 2025
Communication Services
Television Broadcasting StationsSEC EDGAR

Fox Corporation (Class B) (FOX) filed its fiscal year 2025 10-K annual report with the SEC on Aug 6, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Ownership and operation of U.S. television broadcast stations and cable networks
  • Regulatory risk emphasis: Increased focus on evolving AI-related laws raising potential legal liabilities and compliance costs in 2025
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Management Discussion & Analysis

  • Revenue $16B for fiscal 2025 with 47% affiliate fees, 42% advertising, 11% other operating activities
  • Operating segments: Cable Network Programming and Television primary revenue drivers
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Risk Factors

  • Regulatory risk: Increased income tax expense at effective rate 25% vs statutory 21%, due to state taxes and permanent items affecting FY2025
  • Geopolitical/macroeconomic risk: Decline in average number of subscribers by ~460 million impact on affiliate fees in FY2025
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Financial Summary
XBRL

Revenue

$16.3B

Net Income

$2.3B

Net Margin

13.9%

ROE

18.9%

Total Assets

$23.2B

EPS (Diluted)

$4.91

Operating Cash Flow

$3.3B

Source: XBRL data from Fox Corporation (Class B) FY2025 10-K filing on SEC EDGAR. All figures in USD.

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