FUBO
Revenue keeps climbing
FuboTV kicked off its Q2 fiscal 2026 earnings with the kind of headline companies love to print in bold: record global revenue. Sales hit $1.574 billion, up from $1.125 billion a year ago. On a pro forma basis, that’s still a modest 1% year-over-year bump, which tells you this is less a moonshot and more a slow-burn grind.
The subscriber story is a mixed bag
The company ended the quarter with 5.7 million North America subscribers, down from 5.9 million in the same quarter last year. So while revenue is holding up, the subscriber base isn’t exactly doing victory laps. That’s the kind of split-screen investors know well: the top line looks sturdy, but user trends still need a little pep talk.
Losses aren’t gone, just quieter
Fubo also posted a $6.2 million net loss. Not disastrous, sure, but not exactly the champagne moment you’d want after a record revenue quarter. For investors, the real question is whether the company can keep growing without the losses becoming the main character again.
Why this matters
The big investor takeaway is pretty simple: Fubo is still selling more, but it’s not yet printing the kind of profits that make valuation math feel cozy. The company also reaffirmed its fiscal 2026 guidance and long-term financial targets, which is management-speak for: “We’re sticking to the plan, please don’t panic.”
Big picture: Fubo’s business is getting bigger, but the market will want proof that “bigger” can eventually mean “better margins,” not just “more impressive revenue slides.”