NEW YORK (November 3, 2025) — Fubo Powers through the third quarter of 2025 with strong growth in subscribers and profitability, signaling continued momentum in North America’s streaming television market.
The sports-focused live TV streaming company, FuboTV Inc. (NYSE: FUBO), announced that it has reached 1.63 million paid subscribers and $369 million in total revenue, marking its highest-ever third-quarter subscriber count.
This announcement follows the company’s transformative combination with Disney’s Hulu + Live TV, forming the sixth largest Pay TV service in the U.S. with nearly 6 million subscribers.
The results underscore Fubo’s successful efforts toward sustainable growth and profitability in a competitive streaming landscape.
Main Financial Highlights and Performance
According to Fubo’s Q3 2025 earnings release, the company’s North American streaming business generated $368.6 million in total revenue, representing a 2.3% year-over-year (YoY) decline.
However, paid subscribers increased 1.1% YoY to 1.631 million, marking the strongest third-quarter subscriber performance in Fubo’s history.
Internationally, revenue stood at $8.6 million, with 342,000 subscribers, showing slight declines due to regional market adjustments.
Fubo reported a net loss from continuing operations of $18.9 million, an improvement from $54.7 million last year.
Adjusted EPS turned positive at $0.02, and Adjusted EBITDA reached $6.9 million, marking the second consecutive quarter of profitability on that metric.
The company ended Q3 with $280.3 million in cash and equivalents, emphasizing its strengthened financial position ahead of full Hulu integration.
Executive Reactions and Outlook
David Gandler, Co-founder and CEO of Fubo, highlighted the quarter’s success, stating:
“Fubo’s third quarter 2025 results reflect the strength of our execution and the growing demand for flexible, fan-first streaming. We delivered record third-quarter subscriber growth and our second consecutive quarter of positive Adjusted EBITDA — clear proof our model is working.”
Gandler also pointed to new consumer initiatives like the Fubo Sports skinny service and Pay-Per-View platform, which aim to give fans more choice and control in sports streaming.
With the integration of Hulu + Live TV, Fubo expects to leverage personalization and content variety to attract a broader base of sports and entertainment viewers.
Market Impact and Industry Context
Analysts say Fubo’s results indicate a turning point for the company as it scales into profitability while merging with one of the biggest players in streaming television.
The combination with Hulu + Live TV positions the joint platform among the top-tier U.S. pay-TV services, potentially challenging YouTube TV and Sling TV.
Fubo’s improved margins and operational efficiencies may influence its stock recovery, despite a -8.47% drop (FUBO) following the announcement.
The platform’s focus on sports-first live TV continues to differentiate it in a crowded streaming market dominated by general entertainment platforms.
What’s Next for Fubo
As the integration with Disney’s Hulu + Live TV moves forward, Fubo plans to roll out combined product offerings and enhanced sports streaming features in early 2026.
Investors are also watching for updates on international expansion, content partnerships, and new monetization models tied to advertising and Pay-Per-View.
The company will publish its full shareholder letter and updated guidance on its official Investor Relations site, providing further details about its financial and operational outlook.
Sources
Business Wire — Official Press Release
Fubo Investor Relations (IR.Fubo.tv)
UBS Market Estimates (June 2025)
Bloomberg Financial Data Feed
Yahoo Finance: FUBO Market Update
