FuboTV Reports Earnings Boost Before Disney Acquisition Finalized

NEW YORK, NY – In its last quarter before being acquired by Disney, pay TV provider FuboTV exceeded Wall Street forecasts, reaching 1.63 million North American subscribers. For the quarter that ended in September, Fubo reported revenue of $368.6 million, a 2% dip compared to last year.

Fubo’s adjusted earnings per share were 2 cents, a notable turnaround from a loss of 8 cents per share in the same quarter last year. Analysts had expected a loss of 4 cents per share and estimated revenue at $361.3 million.

Last week, Disney announced the finalization of its acquisition of a 70% stake in Fubo, creating a combined subscriber count of 6 million across both Fubo and Hulu + Live TV. Each platform will continue to function separately. The timing of the acquisition coincided with a programming dispute between Disney and YouTube TV, where certain Disney networks had been unavailable on the latter’s platform.

The acquisition was part of a larger legal dispute resolved in early 2025, where Fubo claimed that major media entities engaged in anti-competitive behavior concerning a joint venture called Venu Sports. The settlement ended the litigation, allowing the acquisition to proceed.

During this third quarter, Fubo launched a sports-focused bundle in 100 markets across the U.S. and introduced a channel store for additional subscriptions, enhancing consumer choices. CEO David Gandler reflected on the Disney milestone, stating, “The completion of our transformative transaction creates a strengthened pay-TV operator, offering consumers more programming flexibility and choice.” He expressed excitement about the future value this merger will bring to both consumers and shareholders.

Fubo’s stock saw a slight increase following the earnings report. Since the beginning of 2025, Fubo shares have tripled in value, reflecting renewed investor optimism. The latest quarter’s strong performance and continued subscriber growth may signal a positive outlook for the company as it integrates with Disney.

As Fubo moves forward, tracking its ability to scale and navigate new challenges will be crucial. Investors are encouraged to monitor the progress in merging operations and strategically utilizing Disney’s resources to enhance growth and profitability.