FuboTV Inc. (NYSE:FUBO) shares rose 5.3% on Monday after the sports-centric streaming platform reported third-quarter results that exceeded Wall Street expectations, including a surprise adjusted profit and higher-than-expected revenue, highlighting its ongoing subscriber momentum.
The company posted a loss of $0.06 per share, outperforming analyst projections of a $0.09 loss, while revenue reached $377.2 million, surpassing the consensus estimate of $361.27 million. Importantly, FuboTV achieved positive adjusted earnings per share of $0.02, a notable turnaround from a loss of $0.08 in the same quarter last year.
FuboTV’s North American streaming segment reported 1.631 million paid subscribers, up 1.1% year over year, marking its highest third-quarter subscriber total on record. However, North American revenue slipped 2.3% YoY to $368.6 million.
“Fubo’s third quarter 2025 results reflect the strength of our execution and the growing demand for flexible, fan-first streaming,” said David Gandler, co-founder and CEO of Fubo.
“We delivered record third quarter subscriber growth in North America and our second consecutive quarter of positive Adjusted EBITDA—clear proof our model is working.”
Adjusted EBITDA came in at $6.9 million, improving by $34.5 million from the same period in 2024 and marking the company’s second consecutive quarter of positive EBITDA. Meanwhile, net loss from continuing operations narrowed sharply to $18.9 million, compared to $54.7 million a year earlier.
The quarter also marked an inflection point for the company, which is now entering a new growth phase following its recent combination with Disney’s Hulu + Live TV business. The merger has created what FuboTV calls the sixth-largest pay-TV service in the U.S., boasting nearly 6 million subscribers across North America.
FuboTV closed the quarter with $280.3 million in cash, cash equivalents, and restricted cash, positioning it for sustained growth and integration with Hulu + Live TV as it strengthens its foothold in the competitive streaming market.