For the quarter ending 2026-03-31, FOX had $1,584M increase in cash & cash equivalents over the period. $1,767M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 175 | 247 | 609 | 719 |
| Depreciation and amortization | 101 | 100 | 98 | 102 |
| Amortization of cable distribution investments | - | - | - | 1 |
| Restructuring, impairment and other corporate matters | 32 | 14 | -8 | 99 |
| Equity-based compensation | 30 | 32 | 28 | 38 |
| Equity losses of affiliates | -20 | 3 | -1 | -18 |
| Cash distributions received from affiliates | 0 | 0 | - | 0 |
| Non-operating other, net | -499 | -161 | -125 | 282 |
| Deferred income taxes | 16 | 10 | 90 | -1 |
| Receivables and other assets | -627 | 736 | 437 | -811 |
| Inventories net of programming payable | -550 | 412 | 525 | 170 |
| Accounts payable and accrued expenses | -134 | 40 | -132 | 115 |
| Other changes, net | 14 | 122 | -21 | -63 |
| Net cash provided by operating activities | 1,902 | -669 | -130 | 1,513 |
| Property and equipment | 135 | 122 | 104 | 119 |
| Purchase of investments | 25 | 8 | 135 | 0 |
| Acquisitions, net of cash acquired | 8 | - | - | 6 |
| Other investing activities, net | -18 | 8 | 16 | 5 |
| Net cash used in investing activities | -150 | -138 | -255 | -130 |
| Repurchase of shares | 100 | 1,550 | 250 | 250 |
| Repayment of borrowings | - | - | - | 600 |
| Borrowings | - | - | - | 0 |
| Dividends paid and distributions | 128 | 9 | 138 | 10 |
| Sale of subsidiary noncontrolling interest | - | - | - | 0 |
| Purchase of noncontrolling interest | 0 | 0 | 208 | - |
| Other financing activities, net | 60 | 15 | -2 | 13 |
| Net cash used in financing activities | -168 | -1,544 | -598 | -847 |
| Net (decrease) increase in cash and cash equivalents | 1,584 | -2,351 | -983 | 536 |
| Cash and cash equivalents, beginning of year | 2,017 | 4,368 | 5,351 | 4,815 |
| Cash and cash equivalents, end of period | 3,601 | 2,017 | 4,368 | 5,351 |
Fox Corp (FOX)
Fox Corp (FOX)