FUBO

MKT CAP:$1B

fuboTV Inc.

Market Cap

$1B

Communication Services·Broadcasting·🇺🇸 United States·NYSE

Communication·Broadcasting·🇺🇸·NYSE

Stock Price

$12.27+$9.68 (+373.75%)

Apr 23, 2026

Company Details

fuboTV Inc. operates a live TV streaming platform for live sports, news, and entertainment content in the United States and internationally. Its fuboTV platform allows customers to access content through streaming devices, as well as on Sma...

CEO

David Gandler

IPO Date

Mar 27, 2019

Website

www.fubo.tv

Key Metrics TTM

Revenue

$1.6B

+53.4% YoY

Net Income

$136M

EPS (Diluted)

$0.39

Free Cash Flow

$87M

Revenue / Share

$4.57

Gross Margin

16.9%

Operating Margin

-5.6%

Net Margin

8.7%

FCF Margin

5.6%

P/S

0.8x

P/E

9.5x

Earnings Reports

Q4 2025

May 1, 2026

PENDING

FY 2025

Feb 3, 2026

$2.7BEPS $0.45

Q3 2025

Nov 3, 2025

$377MEPS -$0.06

Q2 2025

Aug 11, 2025

$380M-2.8%EPS -$0.02

Q1 2025

May 5, 2025

$416MEPS $0.55

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 17	$36.0K	$28.0K	-$359.0K
Q3 17	$0	$0	-$226.0K
Q1 18	$0	$0	-$840.0K
Q2 18	$0	$0	-$1M
Q3 20	$61M	-$10M	-$302M
Q1 21	$120M	-$4M	-$65M
Q2 21	$131M	-$2M	-$81M
Q3 21	$157M	-$1M	-$103M
Q4 21	$231M	-$3M	-$110M
Q1 22	$242M	-$24M	-$123M
Q2 22	$222M	-$14M	-$91M
Q1 23	$324M	$3M	-$81M
Q2 24	$391M	$49M	-$36M
Q1 25	$416M	$69M	-$25M
Q2 25	$380M	$78M	-$6M
Q3 25	$377M	$68M	-$20M

Valuation

Quarter	P/S	P/E
Q2 17	—	—
Q3 17	204.4x	4.3x
Q1 18	383.5x	3.4x
Q2 18	1703.2x	46.2x
Q3 20	6.6x	—
Q1 21	13.8x	—
Q2 21	15.2x	—
Q3 21	7.8x	—
Q4 21	4.0x	—
Q1 22	1.5x	—
Q2 22	0.6x	—
Q1 23	0.3x	—
Q2 24	0.4x	—
Q1 25	0.7x	—
Q2 25	0.9x	18.4x
Q3 25	0.9x	10.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 17	-$179.0K	-$179.0K
Q4 17	-$254.0K	-$254.0K
Q1 18	-$641.0K	-$641.0K
Q2 18	-$964.0K	-$964.0K
Q3 20	-$30M	-$30M
Q1 21	-$54M	-$55M
Q2 21	-$34M	-$35M
Q3 21	-$56M	-$57M
Q4 21	-$50M	-$51M
Q1 22	-$127M	-$129M
Q2 22	-$91M	-$92M
Q1 23	-$78M	-$82M
Q2 24	-$32M	-$32M
Q1 25	$161M	$161M
Q2 25	-$35M	-$38M
Q3 25	-$7M	-$4M

Capital Expenditures

Quarter	CapEx
Q3 17	$0
Q4 17	$0
Q1 18	$0
Q2 18	$0
Q3 20	$33.0K
Q1 21	$639.0K
Q2 21	$1M
Q3 21	$2M
Q4 21	$1M
Q1 22	$3M
Q2 22	$1M
Q1 23	$4M
Q2 24	$208.0K
Q1 25	$348.0K
Q2 25	$3M
Q3 25	$3M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 18	-100.0%	+600.0%
Q2 18	-100.0%	+366.4%
Q3 20	+169905.6%	+91891.4%
Q1 21	—	+81670.8%
Q2 21	—	+25132.1%
Q3 21	—	+24895.0%
Q4 21	+277.5%	-6.1%
Q1 22	+102.4%	+97.7%
Q2 22	+69.7%	+47.9%
Q1 23	+107.0%	+56.1%
Q2 24	+69.2%	+25.1%
Q1 25	+71.8%	+20.9%
Q2 25	+71.1%	+23.1%
Q3 25	+16.3%	-2.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 17	$0	—
Q4 17	$0	—
Q1 18	$500.0K	—
Q2 18	$300.0K	—
Q3 20	$6M	10.3%
Q1 21	$9M	7.8%
Q2 21	$24M	18.7%
Q3 21	$13M	8.1%
Q4 21	$17M	7.5%
Q1 22	$19M	8.0%
Q2 22	$14M	6.4%
Q1 23	$14M	4.2%
Q2 24	$0	0.0%
Q1 25	$3M	0.8%
Q2 25	$8M	2.2%
Q3 25	$9M	2.4%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q2 17	—	$387.0K	—
Q3 17	—	$226.0K	—
Q1 18	—	$715.0K	$125.0K
Q2 18	—	$588.0K	$452.0K
Q3 20	$11M	$8M	$22M
Q1 21	$11M	$18M	$22M
Q2 21	$20M	$28M	$22M
Q3 21	$15M	$27M	$50M
Q4 21	$14M	$34M	$48M
Q1 22	$19M	$27M	$43M
Q2 22	$18M	$23M	$28M
Q1 23	$18M	$15M	$43M
Q2 24	$19M	$20M	$36M
Q1 25	$20M	$28M	$37M
Q2 25	$19M	$24M	$30M
Q3 25	$19M	$27M	$42M

Revenue Segments

Quarter	Advertising	Service, Other	Subscription and Circulation
Q2 22	$22M	$109.0K	$200M
Q2 24	$26M	$2M	$363M
Q1 25	$23M	$2M	$391M
Q2 25	$26M	$1M	$353M
Q3 25	$25M	$1M	$350M

Revenue by Geography

Quarter	Non-US	United States
Q1 22	$6M	$237M
Q2 22	$6M	$216M
Q1 25	$17M	$399M
Q2 25	$16M	$364M
Q3 25	$17M	$360M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$451M	$0	$451M
Q2 22	$273M	$100M	$373M
Q3 22	$201M	$100M	$301M
Q4 22	$337M	$0	$337M
Q1 23	$359M	$0	$359M
Q2 23	$294M	$0	$294M
Q3 23	$260M	$0	$260M
Q4 23	$245M	$0	$245M
Q1 24	$169M	$0	$169M
Q2 24	$155M	$0	$155M
Q3 24	$146M	$0	$146M
Q4 24	$161M	$0	$161M
Q1 25	$322M	$0	$322M
Q2 25	$284M	$0	$284M
Q3 25	$274M	$0	$274M
Q4 25	$452M	$0	$452M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 17	1M	+151496.4%	—
Q3 17	3M	+99.9%	—
Q1 18	3M	+2.0%	+238661.1%
Q2 18	3M	+5.4%	+325558.6%
Q3 20	44M	+1454.7%	+3239.8%
Q1 21	119M	+168.3%	+4381.6%
Q2 21	141M	+18.6%	+5111.1%
Q3 21	143M	+1.4%	+4913.4%
Q4 21	148M	+3.9%	+235.0%
Q1 22	158M	+6.4%	+32.8%
Q2 22	185M	+17.5%	+31.7%
Q1 23	225M	+21.8%	+58.2%
Q2 24	311M	+38.1%	+110.2%
Q1 25	342M	+9.7%	+116.9%
Q2 25	342M	+0.0%	+84.6%
Q3 25	343M	+0.2%	+51.9%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 17	$9.0K	4
Q3 17	$0	4
Q1 18	$0	4
Q2 18	$0	4
Q3 20	$294.2K	208
Q1 21	$544.2K	220
Q2 21	$594.9K	220
Q3 21	$712.2K	220
Q4 21	$436.0K	530
Q1 22	$457.2K	530
Q2 22	$419.0K	530
Q1 23	$636.0K	510
Q2 24	$737.7K	530
Q1 25	$705.6K	590
Q2 25	$644.0K	590
Q3 25	$639.3K	590

Revenue / Employee