FuboTV Inc. reported a significant improvement in its financial performance for the first quarter of 2026, narrowing its net loss to just $6.2 million for the period ended March 31. This marks a sharp reduction compared to losses in previous years and signals continued progress toward profitability.
Revenue reached $1.574 billion, up 1% year-over-year from $1.564 billion in the same quarter last year. The results include the contribution of Hulu + Live TV following the completion of its integration after the 2025 streaming consolidation.
Adjusted EBITDA rose to $37.7 million, compared to just $1.4 million in the prior-year period, reflecting stronger operational efficiency and improved cost control across the combined streaming platform.
The company still recorded depreciation and amortization expenses of $36 million, along with $10.2 million in share-based compensation. However, lower legal and transaction costs helped support the improved bottom line.
The turnaround comes after Disney acquired a 70% stake in FuboTV in October 2025, reshaping the company’s structure and accelerating its shift toward a larger integrated live TV streaming ecosystem alongside Hulu + Live TV.