FuboTV Q2 2026 earnings snapshot

FuboTV (FUBO) has posted its Q2 2026 numbers with revenue of US$1.6b, a basic EPS loss of US$0.07 and net income loss of US$2.1m, setting the stage for fresh scrutiny of the stock at a share price of US$10.43. The company has seen quarterly revenue move from US$1.1b in Q2 2025 to US$1.6b in Q2 2026. Quarterly EPS shifted from a loss position reflected in the trailing twelve month EPS of US$2.88 to the latest quarterly loss of US$0.07, giving investors a clearer view of current earnings power. Overall, FuboTV is still loss making, but the latest figures put the focus more on how margins are evolving rather than just top line scale.

See our full analysis for FuboTV.

With the headline results in place, the next step is to set these numbers against the most common narratives around FuboTV to see which stories hold up and which ones the latest margins call into question.

Losses shrink to US$2.1m on US$1.6b revenue

• FuboTV reported a net income loss of US$2.1m on US$1.6b of revenue in Q2 2026, compared with a loss of US$5.98m on US$1.55b in Q1 2026 and US$40.91m on US$1.13b in Q2 2025, which shows how recent periods in this data set line up around smaller losses on a larger revenue base.
• What stands out for the bullish view that earnings can improve is that trailing twelve month losses in this data move from US$161.00m in Q2 2025 to US$84.86m in Q2 2026, while revenue in the same view sits at US$5.3b. This backs up the idea of reduced losses and gives bulls numbers to point to when they talk about a path toward profitability.
  • Bulls can also reference that basic EPS on a trailing basis in this data shifts from a loss of US$4.22 in Q1 2026 to a loss of US$2.88 in Q2 2026, which aligns with the story of earnings trending closer to break even.
  • At the same time, the company still reports quarterly basic EPS of a US$0.07 loss and a trailing twelve month loss of US$2.88 per share, so anyone leaning on a bullish angle has to accept that the numbers here are about improving losses rather than positive earnings.

On top of these figures, bulls argue there could be more to the story than just shrinking losses, and the full narrative sets out how they think that plays into the long term risk and reward for this stock 🐂 FuboTV Bull Case.

Trailing loss of US$84.86m keeps bears focused on profitability

• On a trailing twelve month view, the data shows a net income loss of US$84.86m against US$5.3b of revenue and a basic EPS loss of US$2.88, which is still a sizeable earnings gap even after the reported reduction in losses over the last five years at an average rate of 7.7% per year.
• Critics who lean bearish often point to the current unprofitable status and recent share price swings, and this earnings set gives them several concrete points to focus on.
  • The company is still described as unprofitable today despite the smaller quarterly and trailing losses in this data, which lines up with the concern that turning a large top line into durable bottom line profit has not yet been achieved.
  • The summary also highlights that the share price has been volatile over the past three months compared with the US market, so bears can pair that with the US$84.86m trailing loss when they argue that investors are being asked to accept both earnings risk and price movement in the same story.

Skeptics argue these continuing losses and recent price swings deserve closer attention, and the full bear case walks through how they see those risks playing out for shareholders 🐻 FuboTV Bear Case.

Low 0.1x P/S and DCF fair value of US$48.63 contrast with US$10.43 price

• The stock in this data is described as trading on a P/S of 0.1x versus 1.2x for the US Interactive Media & Services industry and 1.0x for peers, and is also compared with a DCF fair value of US$48.63 against the current share price of US$10.43, which illustrates a wide valuation gap in this snapshot.
• What is interesting for investors weighing both bullish and bearish angles is that these valuation metrics sit alongside forecasts of 69.5% annual earnings growth and 10.2% annual revenue growth in the data, while the business is still unprofitable and the revenue growth rate cited is slightly below the 11.3% figure for the broader US market.
  • Supporters of the stock can look at the low P/S ratio and the large difference between price and DCF fair value when they argue that the current market price does not match the earnings and revenue growth forecasts provided.
  • On the other side, cautious investors may highlight that these same forecasts and valuation signals come with ongoing losses and recent volatility, so any case built off the 0.1x P/S and DCF fair value still has to be weighed against the earnings profile shown here.

Next Steps

Don't just look at this quarter; the real story is in the long-term trend. We've done an in-depth analysis on FuboTV's growth and its valuation to see if today's price is a bargain. Add the company to your watchlist or portfolio now so you don't miss the next big move.

If this mix of risks and rewards feels finely balanced, act promptly by reviewing the numbers yourself. Then, weigh both sides with the help of 4 key rewards and 1 important warning sign.

See What Else Is Out There

FuboTV is still reporting losses on US$5.3b of trailing revenue with a basic EPS loss of US$2.88 and noticeable share price volatility.

If you want stocks where earnings risk and price swings are less intense, compare this profile with 74 resilient stocks with low risk scores while you are already reviewing your watchlist.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.