FuboTV Reports Earnings Amid Stock Fluctuations

NEW YORK, NY — FuboTV Inc. (FUBO) saw its stock fluctuate following its recent earnings report, initially rising before settling lower by 1% on Friday. The sports-first live TV streaming service revealed second-quarter earnings showing a revenue decline of 2.8% from the previous year, totaling $379.97 million. This figure exceeded analysts’ predictions, which estimated $353.77 million.

The company’s adjusted earnings per share (EPS) of 5 cents also surpassed expectations, which had predicted a loss of 1 cent. FuboTV’s adjusted EBITDA margin reached 5.4%, a significant improvement from the previous year’s negative margin of 2.8%.

Despite these positive adjusted figures, FuboTV reported a 3% drop in North America streaming revenue, now at $371.3 million. Its paid subscriber count fell by 6.5% year-over-year, landing at 1.36 million, although this number still surpassed projections.

In the Rest of World category, revenue climbed to $8.7 million, reflecting a year-over-year growth of 4.7%, even as the paid subscriber base shrank by 12.5% to 349,000.

FuboTV held $289.7 million in cash and equivalents as of June 30, backing a free cash flow usage of $37.7 million — slightly more than the $35.3 million reported the year before. The company filed a preliminary proxy statement seeking shareholder approval for its merger with Hulu + Live TV, aiming to close the deal in late 2025 or early 2026, contingent on regulatory and shareholder approvals.

FuboTV also announced plans to launch Fubo Sports in upcoming weeks, introducing a Pay-Per-View option for both subscribers and non-subscribers. The company continues investing in product enhancements and user experience, rolling out new features like Catch Up to Live and Game Highlights.

CEO David Gandler described the second quarter of 2025 as a pivotal milestone for Fubo, emphasizing their mission to provide consumers with choice and flexibility amidst challenges in the traditional content landscape. Gandler believes the company is well-positioned to seize emerging opportunities.

Edgar Bronfman Jr., executive chairman of Fubo, expressed satisfaction with their second-quarter results, particularly noting the outperformance on revenue and innovation in their streaming platform. He affirmed the commitment to delivering quality and enhancing the user experience. Fubo’s stock increased by 194% year-to-date before the recent fluctuations.

As of the last check on Friday, FuboTV’s stock traded at $3.66, reflecting a decrease of 1.08%.