Organization and Nature of Business

9 Months Ended

Sep. 30, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

On October 29, 2025 (the “Closing Date”), FuboTV Inc. (the "Company"), The Walt Disney Company (“Disney”) and Hulu, LLC (“Hulu”) consummated the transactions contemplated by the Business Combination Agreement, dated as of January 6, 2025 (the “Business Combination Agreement”), by and among Fubo, Disney and Hulu, pursuant to which the parties combined Fubo’s business with Disney’s Hulu + Live TV business. Immediately prior to the consummation of the Business Combination, the Company effected a conversion from a Florida corporation to a Delaware corporation pursuant to a plan of conversion (the "Conversion") by filing a certificate of conversion with the Secretary of State of the State of Delaware and articles of conversion with the Florida Department of State, Division of Corporations. In connection with the Conversion, the Company changed its name from fuboTV Inc. to FuboTV Inc. See Note 15 for additional information.

Unless expressly indicated or the context otherwise requires, references to “FuboTV Inc.,” “Fubo,” “we,” “us,” “our,” “the Company,” and similar references refer (i) prior to the consummation of the Conversion and Business Combination, to fuboTV Inc., a Florida corporation, and its consolidated subsidiaries, and (ii) after the consummation of the Conversion and Business Combination, to FuboTV Inc., a Delaware corporation, and its consolidated subsidiaries.

Nature of Business

The Company is principally focused on offering consumers a leading live TV streaming platform for sports, news, and entertainment through its streaming platform. The Company’s revenues are almost entirely derived from the sale of subscription services and the sale of advertisements in the United States, though the Company has expanded into several international markets, with operations in Canada, Spain and France.

The Company’s subscription-based streaming services are offered to consumers who can sign-up for accounts through which the Company provides basic plans with the flexibility for consumers to purchase incremental features that include additional content or enhanced functionality ("Attachments") best suited for them. Besides the website, consumers can also sign-up via some TV-connected devices. The Fubo platform provides a broad suite of unique features and personalization tools such as multi-channel viewing capabilities, favorites lists and a dynamic recommendation engine, as well as 4K streaming and Cloud DVR offerings.

Revision of previously issued interim financial statements (unaudited)

During the preparation of the second quarter 2025 financial statements, management identified an error in the calculation of diluted earnings per share related to the financial statements for the three months ended March 31, 2025. Management determined that it did not properly include potential common stock equivalents related to the Company’s convertible debt instruments, stock options, and unvested restricted stock units in the weighted-average shares outstanding calculation which resulted in an overstatement of diluted earnings per share. Management determined that the error was not material to the previously issued condensed consolidated financial statements as of and for the three months ended March 31, 2025. However, management will revise the calculation in future filings. This matter also had a corresponding impact on the Company’s disclosure of the quantity of potential common stock equivalents excluded from diluted earnings per share (as such shares were previously disclosed as excluded shares). The impact of the revision for diluted earnings per share from continuing operations (for the three months ended March 31, 2025) is as follows:


	Three Months Ended March 31. 2025
	As previously reported		Adjustment		As revised

Net income (loss) attributable to common shareholders - basic	$	188,493	$	—	$	188,493
Add: Dilutive effect of convertible notes, net (1)	$	—	$	2,786	$	2,786
Net income attributable to common shareholders - diluted	$	188,493	$	2,786	$	191,279


Weighted-average common shares outstanding - basic	341,059,213		—		341,059,213
Convertible notes	—		46,266,486		46,266,486
Common stock options and restricted stock units	—		16,476,388		16,476,388
Weighted-average common shares outstanding - diluted	341,564,503				403,802,087

Net income (loss) per share - diluted
Continuing operations	$	0.55			$	0.47
Total net income (loss) per share - diluted	$	0.55			$	0.47

(1) Reflects interest expense incurred, net of tax, associated with convertible note activity during the period as evaluated under the if-converted method.