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FuboTV vs Mega Matrix: revenue, profit, margins and growth compared

FuboTV brought in $1.6B of revenue in fiscal 2024, Mega Matrix $26.1M in fiscal 2025. Revenue changed by +18.6% at FuboTV and -27.9% at Mega Matrix on the year before, so FuboTV grew faster. FuboTV kept -10.6% of its revenue as net profit, Mega Matrix -131.4%.

Side by side, latest fiscal year

FUBOMPU
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$1.6B$26.1M
Revenue growth+18.6%-27.9%
Net income-$172.3M-$34.3M
Net margin-10.6%-131.4%
Free cash flow-$82.2Mn/a
Free cash flow margin-5.1%n/a
Earnings per share (diluted)-$0.54-$0.75
Cash$161.4M$7.3M
Debtn/an/a
Price to earningsn/an/a
Market value$1.1B$189M
Dividend yieldn/an/a
Rank by revenue in sector#390 of 955 · Consumer discretionary#807 of 955 · Consumer discretionary

Over the years

Revenue
FUBO FY2017: $41KFUBO FY2019: $4.3MFUBO FY2020: $217.7MFUBO FY2021: $638.4MFUBO FY2022: $1BFUBO FY2023: $1.4BFUBO FY2024: $1.6BMPU FY2024: $36.2MMPU FY2025: $26.1MFY17FY19FY20FY21FY22FY23FY24FY25
FUBO $1.6BMPU $26.1M
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: -$172.3MMPU FY2022: -$8.5MMPU FY2024: -$4.1MMPU FY2024: -$8.9MMPU FY2025: -$34.3MFY17FY18FY19FY20FY21FY22FY23FY24FY25
FUBO -$172.3MMPU -$34.3M
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%MPU FY2024: -24.6%MPU FY2025: -131.4%FY17FY19FY20FY21FY22FY23FY24FY25
FUBO -10.6%MPU -131.4%
Revenue growth
FUBO FY2020: +4,998.2%FUBO FY2021: +193.2%FUBO FY2022: +58.0%FUBO FY2023: +35.6%FUBO FY2024: +18.6%MPU FY2025: -27.9%FY20FY21FY22FY23FY24FY25
FUBO +18.6%MPU -27.9%
Free cash flow
FUBO FY2017: -$618KFUBO FY2019: $1.6MFUBO FY2020: -$149.2MFUBO FY2021: -$199.3MFUBO FY2022: -$317.8MFUBO FY2023: -$178.7MFUBO FY2024: -$82.2MFY17FY19FY20FY21FY22FY23FY24
FUBO -$82.2MMPU

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

Questions about FuboTV and Mega Matrix

Which is bigger by revenue, FuboTV or Mega Matrix?

FuboTV is bigger by revenue: $1.6B in fiscal 2024, against $26.1M for Mega Matrix in fiscal 2025.

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

FuboTV had a net margin of -10.6% in fiscal 2024; Mega Matrix had -131.4% in fiscal 2025.

Which grew revenue faster, FuboTV or Mega Matrix?

In their latest fiscal years revenue changed by +18.6% at FuboTV and -27.9% at Mega Matrix.

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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