Fubo Q1 revenue up 40%; ESPN deal
February 3, 2026
FuboTV, the sports first TV streamer, has announced its financial results for its first quarter fiscal 2026 ended December 31st 2025.
Additionally, Fubo and ESPN announced plans for a reseller and marketing arrangement to expand the reach and distribution of the Fubo services across the US. Fubo Sports, which already includes ESPN Unlimited as well as Fox and CBS programming, will be available for purchase in ESPN’s commerce flow. In addition, ESPN will feature Fubo in various placements across ESPN digital properties. This arrangement is subject to the negotiation of definitive agreements.
For Q1 fiscal 2026, Fubo reported North America revenue of $1.54 billion (€1.31bn), up 40 per cent (compared to $1.10 billion) in the prior-year period. On a pro forma basis, giving effect to Fubo’s combination with The Walt Disney Company’s Hulu + Live TV business, North America revenue was $1.67 billion, compared to $1.57 billion during the prior-year period. Fubo’s reported net loss for Q1 was $19.1 million, while Pro Forma Net Loss was $46.4 million. Pro Forma Adjusted EBITDA was positive $41.4 million in the same period. On a combined basis, Fubo ended the quarter with 6.2 million North America subscribers.
Reported Revenue for the rest of the world (ROW) stood atf $5.8 million, with ROW subscribers at 335,000, compared to 362,000 on the same period lin the previous year.
“2025 marked a year of transformation for Fubo as we completed a monumental business combination with Hulu + Live TV,” said David Gandler, co-founder and CEO of Fubo. “We set out on a mission to enhance consumer choice and expand programming flexibility by tapping into our collective strengths. We remain focused on our consumer promise to deliver value and choice across our flagship Fubo and Hulu + Live TV Pay TV brands.”