How FuboTV makes money

Period

FY2024

How does FuboTV make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

FuboTV Inc. · FY2024 · year ended 2024-12-31

Revenue$402MNet loss$172M · 43%Cost of revenue$0 · 0%Gross profit$402M · 100%Operating expenses$598M · 149%Other income$24M · 6%R&D$80M · 20%SG&A$75M · 19%Selling & marketing$202M · 50%Other opex$241M · 60%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.