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FuboTV vs Gaia: revenue, profit, margins and growth compared

FuboTV brought in $1.6B of revenue in fiscal 2024, Gaia $99M in fiscal 2025. Revenue changed by +18.6% at FuboTV and +10.8% at Gaia on the year before, so FuboTV grew faster. FuboTV kept -10.6% of its revenue as net profit, Gaia -4.5%. Free cash flow was -$82.2M at FuboTV and -$377K at Gaia.

Side by side, latest fiscal year

FUBOGAIA
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$1.6B$99M
Revenue growth+18.6%+10.8%
Net income-$172.3M-$4.5M
Net margin-10.6%-4.5%
Free cash flow-$82.2M-$377K
Free cash flow margin-5.1%-0.4%
Earnings per share (diluted)-$0.54-$0.18
Cash$161.4M$13.5M
Debtn/a$5.7M
Price to earningsn/an/a
Market value$1.1B$33.1M
Dividend yieldn/an/a
Rank by revenue in sector#389 of 778 · Consumer discretionary#688 of 778 · Consumer discretionary

Over the years

Revenue
FUBO FY2017: $41KFUBO FY2019: $4.3MFUBO FY2020: $217.7MFUBO FY2021: $638.4MFUBO FY2022: $1BFUBO FY2023: $1.4BFUBO FY2024: $1.6BGAIA FY2018: $42MGAIA FY2019: $54MGAIA FY2020: $66.8MGAIA FY2021: $79.6MGAIA FY2022: $82MGAIA FY2023: $80.4MGAIA FY2024: $89.3MGAIA FY2025: $99MFY17FY18FY19FY20FY21FY22FY23FY24FY25
FUBO $1.6BGAIA $99M
Net income
FUBO FY2017: $10.5MFUBO FY2018: -$10.6MFUBO FY2019: -$34.4MFUBO FY2020: -$570.3MFUBO FY2021: -$382.8MFUBO FY2022: -$561.5MFUBO FY2023: -$287.5MFUBO FY2024: -$172.3MGAIA FY2018: -$33.8MGAIA FY2019: -$18.2MGAIA FY2020: $519KGAIA FY2021: $3.7MGAIA FY2022: -$3.6MGAIA FY2023: -$5.6MGAIA FY2024: -$5.2MGAIA FY2025: -$4.5MFY17FY18FY19FY20FY21FY22FY23FY24FY25
FUBO -$172.3MGAIA -$4.5M
Net margin
FUBO FY2017: 25,546.3%FUBO FY2019: -804.5%FUBO FY2020: -261.9%FUBO FY2021: -60.0%FUBO FY2022: -55.7%FUBO FY2023: -21.0%FUBO FY2024: -10.6%GAIA FY2018: -80.5%GAIA FY2019: -33.6%GAIA FY2020: 0.8%GAIA FY2021: 4.7%GAIA FY2022: -4.4%GAIA FY2023: -7.0%GAIA FY2024: -5.9%GAIA FY2025: -4.5%FY17FY18FY19FY20FY21FY22FY23FY24FY25
FUBO -10.6%GAIA -4.5%
Revenue growth
FUBO FY2020: +4,998.2%FUBO FY2021: +193.2%FUBO FY2022: +58.0%FUBO FY2023: +35.6%FUBO FY2024: +18.6%GAIA FY2019: +28.5%GAIA FY2020: +23.8%GAIA FY2021: +19.1%GAIA FY2022: +3.1%GAIA FY2023: -2.0%GAIA FY2024: +11.0%GAIA FY2025: +10.8%FY19FY20FY21FY22FY23FY24FY25
FUBO +18.6%GAIA +10.8%
Free cash flow
FUBO FY2017: -$618KFUBO FY2019: $1.6MFUBO FY2020: -$149.2MFUBO FY2021: -$199.3MFUBO FY2022: -$317.8MFUBO FY2023: -$178.7MFUBO FY2024: -$82.2MGAIA FY2018: -$40.2MGAIA FY2019: -$21.3MGAIA FY2020: -$1.7MGAIA FY2021: $3.5MGAIA FY2022: -$6.7MGAIA FY2023: $596KGAIA FY2024: $1.9MGAIA FY2025: -$377KFY17FY18FY19FY20FY21FY22FY23FY24FY25
FUBO -$82.2MGAIA -$377K

Fiscal years as each company reports them; the two may end in different months.

Questions about FuboTV and Gaia

Which is bigger by revenue, FuboTV or Gaia?

FuboTV is bigger by revenue: $1.6B in fiscal 2024, against $99M for Gaia in fiscal 2025.

Which keeps more of its revenue as profit, FuboTV or Gaia?

FuboTV had a net margin of -10.6% in fiscal 2024; Gaia had -4.5% in fiscal 2025.

Which grew revenue faster, FuboTV or Gaia?

In their latest fiscal years revenue changed by +18.6% at FuboTV and +10.8% at Gaia.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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