fuboTV Q1 FY2026 Revenue Jumps 40% to $1.55B, Board Approves Reverse Split
fuboTV delivered a 40% increase in Q1 FY2026 revenue to $1.55 billion, while net loss narrowed to $19.1 million from $38.6 million year over year after merging with Hulu + Live TV. The board approved a reverse stock split of Class A and B shares to expand investor accessibility.
1. Q1 FY2026 Financial Results
fuboTV reported first fiscal quarter 2026 revenue of $1.55 billion, representing 40% year-over-year growth. Its net loss shrank to $19.1 million, down from $38.6 million a year earlier, driven by higher subscription sales and improved operating leverage.
2. Impact of Hulu + Live TV Merger
The transformative business combination with Hulu + Live TV expanded fuboTV’s content lineup and subscriber base. Integration efforts focused on enhancing consumer choice and programming flexibility to drive engagement across both flagship brands.
3. Approved Reverse Stock Split
The board green-lit a reverse split of Class A and Class B shares to consolidate the outstanding share count and target a higher trading price. Management expects the move to broaden the pool of eligible institutional and retail investors.