What is Fox Corporation's income tax?

Fox Corporation (FOX) reported income tax of $61M in Q1 2026.

How has Fox Corporation's income tax changed year-over-year?

Fox Corporation's income tax decreased by 49.2% year-over-year, from $120M to $61M.

What is the long-term trend for Fox Corporation's income tax?

Over 3 years (2022 to 2025), Fox Corporation's income tax has grown at a 18.5% compound annual growth rate (CAGR), from $461M to $768M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Fox Corporation FOX Income Tax

Income Tax at other companies

NetflixNFLX

$1.26B+291%

ComcastCMCSA

$706M-41.0%

Warner Bros. Discovery, Inc.WBD

-$214M-1,527%

Nexstar Media Group, Inc.NXST

-$7M-117%

Gray TelevisionGTN

-$8M+46.7%

PSK

Paramount Skydance Corporation Class B Common StockPSKY

$155M+55.0%

Other financials

Income statement

See full

Revenue$4.0B-8.6%

Net income$175.0M-50.6%

EPS (diluted)$0.38-49.3%

Balance sheet

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Cash & equivalents$3.6B-25.2%

Total debt$6.7B-8.3%

Total equity$11.0B-4.8%

Total assets$21.8B-6.8%

Cash flow

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Operating cash flow$1.9B-5.6%

CapEx$135.0M+82.4%

Free cash flow$1.8B-9.0%

Valuation

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Market cap$19.67B-9.6%

Enterprise value$22.72B-5.1%

P/E11.2×+1.8×

P/S1.2×-0.1×

Profitability

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Net margin10.8%-1.0pp

FCF margin13.2%-1.6pp

Returns & leverage

See full

Return on equity15.6%-1.6pp

Debt / equity0.6×0.0×

Current ratio2.9×+0.4×

Where this comes from

Reported directly by Fox Corporation in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Fox Corporation’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fox Corporation's income tax?: Fox Corporation (FOX) reported income tax of $61M in Q1 2026.
How has Fox Corporation's income tax changed year-over-year?: Fox Corporation's income tax decreased by 49.2% year-over-year, from $120M to $61M.
What is the long-term trend for Fox Corporation's income tax?: Over 3 years (2022 to 2025), Fox Corporation's income tax has grown at a 18.5% compound annual growth rate (CAGR), from $461M to $768M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.