FuboTV(NYSE) FUBO

FuboTV Inc. lets people watch live sports on their screens. It helps users stream many channels without using a cable box. Fans use it to find games and entertainment in one place.

What Does Fubo Deliver?

• Wholesale Arrangements: Fees from Hulu to cover 95% of carriage costs, which are payments to networks for their channels; totaled $3.3 billion for the nine-month period ended June 30, 2026.
• Subscription Plans: Live TV packages sold directly to consumers for sports, news, and entertainment; generated $939.7 million for the nine-month period ended June 30, 2026.
• Advertising Sales: Revenue from commercial spots sold on Fubo and Hulu platforms through an arrangement with Disney; contributed $302.0 million for the nine-month period ended June 30, 2026.
• International Streaming: Localized live television services available to subscribers in Canada, France, and Spain.

Major Moves and Partnerships

• Completed a business combination with the Hulu Live Business on Oct. 29, 2025.
• Entered a five-year agreement for Hulu to distribute the Hulu Live Service on a wholesale basis.
• Effected a 1-for-12 reverse stock split of all common stock on March 23, 2026.
• Borrowed $145.0 million through a senior unsecured term loan from a Disney affiliate in Jan. 2026.

Technology and Global Reach

The company uses a machine learning engine to suggest content and help users find new shows. Its unique model pairs direct subscriptions with wholesale fees that cover most carriage costs for the Hulu Live Service.

Tracking the Latest Results

• Total revenues were $4.6 billion for the nine-month period ended June 30, 2026, up $1.3 billion year over year.
• Gross profit was $338.8 million for the nine-month period ended June 30, 2026, up from $9.1 million year over year.
• Net loss was $51.0 million for the nine-month period ended June 30, 2026, compared to $117.5 million year over year.
• Total subscribers reached 5.75 million in North America as of June 30, 2026.
• Cash and cash equivalents totaled $236.4 million as of June 30, 2026.

Bottom Line

Fubo has evolved from a standalone sports streaming service into a dual-brand platform through its major combination with Hulu Live. This transition has shifted its financial structure toward wholesale and advertising partnerships while significantly scaling its revenue.