FOXA Q2 2024 Earnings — Fox Corporation Revenue & Financial Results | Market Cap Arena

FOXAFox Corporation

$26B

Q2 2024 Earnings

Communication Services Entertainment

Income Statement

Revenue

$4.2B-8.1% YoY

Gross Profit

$744M17.6% margin

Operating Income

$249M5.9% margin

Net Income

$109M2.6% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

+32.0%

Cash Flow

Operating Cash Flow

-$536M

Free Cash Flow

-$615M

Stock-Based Comp.

$24M

Balance Sheet

Total Assets

$22.8B

Total Liabilities

$12.3B

Stockholders' Equity

$10.3B

Cash & Equivalents

$4.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.2B	$4.6B	-8.1%
Gross Profit	$744M	$4.6B	-83.8%
Operating Income	$249M	$424M	-41.3%
Net Income	$109M	$313M	-65.2%

Revenue Segments

Television Segment

$2.5B61%

Cable Network Programming Segment

$1.7B39%