In Q1 FY2026, FuboTV delivered reported revenue of $1.549 billion, up 40% year-over-year from $1.106 billion, reflecting the October 2025 business combination with Disney’s Hulu + Live TV. On a pro forma basis that assumes the deal closed at the start of both periods, North America revenue rose 6% year-over-year to $1.675 billion. Global pro forma revenue increased 6% to $1.683 billion. The combined user base in North America reached 6.2 million total subscribers, roughly flat with the 6.3 million reported at the same point a year earlier, highlighting strong retention following integration of Hulu’s live TV customers.

Fubo’s reported net loss narrowed to $19.1 million from $38.6 million a year earlier, while pro forma net loss improved substantially to $46.4 million versus $130.4 million. Pro forma Adjusted EBITDA turned positive at $41.4 million, nearly doubling from $22.0 million in Q1 FY2025. The company ended the quarter with $458.6 million in cash, cash equivalents and restricted cash, providing a substantial liquidity cushion to support marketing initiatives, content licensing and further product development through the remainder of fiscal 2026.

Fubo announced a reseller and marketing agreement with ESPN under which Fubo Sports—featuring ESPN Unlimited alongside FOX and CBS programming—will be offered within ESPN’s digital commerce flows and cross-promoted across ESPN’s web and app properties, subject to final definitive agreements. The company also secured board and shareholder approval for a reverse stock split in a ratio to be set between one-for-eight and one-for-twelve. Management views the share consolidation as a means to align Fubo’s capital structure with its scale post-merger and to broaden institutional investor access as the company continues to scale its live-TV streaming platforms.