Intangible Assets and Goodwill

3 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

The tables below summarize the Company’s intangible assets (in thousands):


	Useful Life (Years)	Weighted Average Remaining Life (Years)	December 31, 2025
			Intangible Assets		Accumulated Amortization		Net Balance
Trade names	8	7.8	112,400		(2,342)		110,058
Customer relationships - streaming	2	1.8	145,600		(12,133)		133,467
Customer relationships - advertising	2	1.8	19,800		(1,650)		18,150
Capitalized internal use software	3	1.9	23,410		(2,177)		21,233
Developed technology	5	4.8	155,000		(5,167)		149,833
Software licenses	5	2.9	3,171		(176)		2,995
Total			$	459,381	$	(23,645)	$	435,736

The intangible assets are being amortized over their respective original useful lives, which range from two to eight years.

The Company recorded amortization expense related to the above intangible assets of approximately $24.0 million for the three months ended December 31, 2025.

There were no intangible assets outstanding at September 27, 2025.

The estimated future amortization expense associated with intangible assets, net is as follows (in thousands):


Fiscal Year Ending September 30,	Future Amortization
2026	$	106,632
2027	136,224
2028	56,315
2029	45,573
2030	45,088
Thereafter	45,904
Total	$	435,736

Goodwill

The following table is a summary of the changes to goodwill for the three months ended December 31, 2025 (in thousands):


Balance - September 27, 2025	$	1,296,000
Fubo purchase accounting	1,318,161

Balance - December 31, 2025	$	2,614,161