The company's financial position appears vulnerable, with $2.6 billion in goodwill representing the majority of its $4.0 billion asset base and a current ratio of 0.99 indicating tight liquidity.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|
| Total Current Assets | 902.51M | 982.82M | 274.03M | 386.75M | 436.9M | 428.5M | 156.71M | 17.97M | 31K | 77K | 115K | 61.68K | 227K | 150.13K | 3.15K | 54.4K |
| Cash & Short-Term Investments | 237.81M | 452.41M | 161.44M | 245.28M | 337.09M | 370.97M | 134.94M | 7.62M | 31K | 77K | 101K | 48.27K | 160.38K | 135.61K | 3.15K | 54.4K |
| Cash Only | 237.81M | 452.41M | 161.44M | 245.28M | 337.09M | 370.97M | 134.94M | 7.62M | 31K | 77K | 101K | 48.27K | 160.38K | 135.61K | 3.15K | 54.4K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 609.4M | 111.28M | 71.08M | 80.3M | 44M | 34.3M | 17.5M | 8.9M | 0 | 0 | 10K | 0 | 11.25K | 14.51K | 0 | 0 |
| Days Sales Outstanding | 29.1 | 14.92 | 15.99 | 21.42 | 15.92 | 19.61 | 29.33 | 760.94 | - | - | 152.08 | - | 5.19 | 4.43 | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49K | 0 | 0 | 0 | 0 | 0 | -135.61K | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 55.3M | 419.13M | 16.7M | 21.27M | 18.15M | 19.96M | 0 | -49K | 0 | 0 | 25K | 0 | 55.38K | 0 | 0 | 0 |
| Total Non-Current Assets | 3.08B | 3.11B | 803.39M | 845.89M | 840.87M | 941.27M | 702.63M | 350.25M | 286.07M | 9K | 0 | 251.66K | 321.76K | 325.68K | 300.11K | 301.73K |
| Property, Plant & Equipment | 38.88M | 39.71M | 37.92M | 40.66M | 40.86M | 39.77M | 6.41M | 3.85M | 14K | 6K | 0 | 1.66K | 2.52K | 4.46K | 4.96K | 6.58K |
| Fixed Asset Turnover | 103.94x | 68.55x | 42.80x | 33.65x | 24.68x | 16.05x | 33.97x | 1.11x | - | 6.83x | - | 580.81x | 313.68x | 268.57x | - | - |
| Goodwill | 2.61B | 2.61B | 615.4M | 622.82M | 618.51M | 619.59M | 478.41M | 227.76M | 149.97M | 0 | 0 | 0 | 319.24K | 319.24K | 0 | 0 |
| Intangible Assets | 402.67M | 435.74M | 133.7M | 158.45M | 171.83M | 203.56M | 216.45M | 116.65M | 136.08M | 6K | 0 | 0 | 0 | 0 | 292.93K | 292.93K |
| Long-Term Investments | 24.59M | 6.15M | 6.14M | 6.14M | 6.14M | 5.11M | 0 | 1.97M | -35M | 0 | 0 | 250K | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 16.34M | 16.43M | 10.24M | 17.82M | 3.53M | 73.25M | 1.37M | 24K | 3K | -3K | 0 | 0 | 0 | 1.99K | 2.21K | 2.21K |
| Total Assets | 3.98B | 4.1B | 1.08B | 1.23B | 1.28B | 1.37B | 859.35M | 368.23M | 286.1M | 86K | 115K | 313.34K | 548.76K | 475.8K | 303.26K | 356.13K |
| Asset Turnover | 1.48x | 0.66x | 1.51x | 1.11x | 0.79x | 0.47x | 0.25x | 0.01x | - | 0.48x | 0.21x | 3.08x | 1.44x | 2.52x | - | - |
| Asset Growth % | 523.85% | 280.07% | -12.59% | -3.53% | -6.72% | 59.4% | 133.38% | 28.7% | 332575.58% | -25.22% | -63.3% | -42.9% | 15.33% | 56.9% | -14.85% | - |
| Total Current Liabilities | 908.04M | 1.16B | 515.32M | 517.35M | 438.75M | 337.3M | 227.31M | 67.44M | 18.55M | 3.19M | 14.37M | 5.68M | 519.81K | 407.64K | 247.01K | 207.02K |
| Accounts Payable | 48.54M | 56.09M | 67.84M | 74.31M | 66.95M | 55.77M | 31.16M | 36.37M | 2.48M | 0 | 49K | 22K | 17.33K | 92.5K | 37.22K | 0 |
| Days Payables Outstanding | 4.84 | 8.46 | 17.45 | 21.16 | 23.28 | 31.37 | 48.65 | - | 109.94 | - | 2.98K | 10.14 | 10.02 | 34.11 | 884.64 | - |
| Short-Term Debt | 3.34M | 373.95M | 8.07M | 7.93M | 7.67M | 8.78M | 28.85M | 5.82M | 5.69M | 636K | 559K | 769.29K | 170.64K | 55.3K | 0 | 0 |
| Deferred Revenue (Current) | 345.33M | 94.09M | 98.42M | 90.2M | 65.37M | 44.3M | 17.43M | 0 | 1.31M | 55K | 79K | 220.12K | 63.7K | 0 | 0 | 0 |
| Other Current Liabilities | 220.32M | 639.6M | 335.97M | 19.61M | 32.58M | 9.34M | 22.69M | 3.37M | 7.4M | 2.09M | 13.5M | 4.77M | 118.14K | 110.85K | 60.8K | 56K |
| Current Ratio | 0.99x | 0.84x | 0.53x | 0.75x | 1.00x | 1.27x | 0.69x | 0.27x | 0.00x | 0.02x | 0.01x | 0.01x | 0.44x | 0.37x | 0.01x | 0.26x |
| Quick Ratio | 0.99x | 0.84x | 0.53x | 0.75x | 1.00x | 1.27x | 0.69x | 0.27x | 0.00x | 0.02x | 0.01x | 0.01x | 0.44x | 0.70x | 0.01x | 0.26x |
| Cash Conversion Cycle | 24.26 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 417.7M | 280.25M | 381.32M | 431.47M | 435.69M | 361.6M | 9.09M | 77.61M | 35M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 374.63M | 265.35M | 332.38M | 391.75M | 394.09M | 316.35M | 0 | 43.98M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 122.82M | 31.02M | 32.95M | 38.09M | 39.27M | 31.68M | 3.86M | 2.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 2.8M | 1.4M | 0 | 0 | 765K | 2.43M | 5.1M | 30.88M | 35M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 11.4M | -17.52M | 15.99M | 1.64M | 1.56M | 11.13M | 128K | 41K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.33B | 1.44B | 896.65M | 948.82M | 874.44M | 698.9M | 236.4M | 145.05M | 53.55M | 3.19M | 14.37M | 5.68M | 519.81K | 407.64K | 247.01K | 207.02K |
| Total Debt | 408.23M | 670.32M | 378.42M | 443.02M | 442.8M | 360.64M | 33.51M | 53.32M | 5.29M | 636K | 559K | 769.29K | 170.64K | 55.3K | 0 | 0 |
| Net Debt | 170.42M | 217.91M | 216.99M | 197.74M | 105.71M | -10.33M | -101.44M | 45.69M | 5.26M | 559K | 458K | 721.03K | 10.26K | -80.31K | -3.15K | -54.4K |
| Debt / Equity | 0.15x | 0.25x | 2.09x | 1.56x | 1.10x | 0.54x | 0.05x | 0.24x | 0.02x | - | - | - | - | 1.43x | - | - |
| Debt / EBITDA | 14.29x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 5.96x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -3.19x | 10.35x | -7.49x | -17.05x | -24.60x | -11.49x | -31.68x | -20.05x | -4.74x | 12.50x | -57.70x | -7.73x | -163.55x | -338.06x | - | - |
| Total Equity | 2.65B | 2.65B | 180.78M | 283.82M | 403.33M | 670.88M | 622.95M | 223.18M | 259.29M | -3.1M | -14.44M | -5.53M | -57.22K | 38.73K | 56.24K | 149.1K |
| Equity Growth % | 2082.19% | 1366.43% | -36.31% | -29.63% | -39.88% | 7.69% | 179.13% | -13.93% | 8466.96% | 78.54% | -161.32% | -9559.72% | -247.74% | -31.13% | -62.28% | - |
| Book Value per Share | 86.44 | 91.13 | 6.79 | 12.33 | 26.52 | 58.55 | 14.00 | 10.01 | 20.13 | -1.43 | -12782.30 | -17715.68 | -317.89 | 376.02 | 568.06 | 1506.05 |
| Total Shareholders' Equity | 811.98M | 275.49M | 196.37M | 295.58M | 413.34M | 682.1M | 634.04M | 200.57M | 232.55M | -3.1M | -14.26M | -5.37M | 28.96K | 68.16K | 56.25K | 149.11K |
| Common Stock | 11K | 130K | 34K | 30K | 21K | 16K | 9K | 3K | 1K | 8K | 0 | 9.4K | 5.42K | 3.01K | 2.97K | 2.96K |
| Retained Earnings | -8.08M | -5.98M | -2.02B | -1.85B | -1.56B | -1.01B | -626.46M | -56.12M | -21.76M | -11.15M | -21.7M | -11.59M | -4.02M | -1.4M | -967.86K | -826.5K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -180K | -162K | -4.87M | 4.22M | -595K | 172K | 0 | -770K | -14K | 0 | -12K | -10.56K | -9.7K | -6.56K | -3.93K | -1.47K |
| Minority Interest | 1.84B | 2.38B | -15.59M | -11.75M | -10.01M | -11.22M | -11.09M | 22.6M | 26.74M | 0 | -189K | -155.93K | -86.18K | -29.43K | 0 | 0 |
Liquidity and content obligations
As reported in recent financial statements, FUBO's current ratio has hovered near or below 1.0, reaching 0.99 in 2026Q1, which suggests that the company maintains a precarious liquidity buffer relative to its immediate obligations and the high-velocity cash requirements of its content-heavy business model.
The persistent inability to maintain a robust current ratio indicates that the company remains heavily reliant on external financing or rapid subscriber cash collection to meet its short-term liabilities. Investors should monitor whether this tight liquidity profile forces management to prioritize short-term cash preservation over necessary long-term investments in platform infrastructure.
Based on the 2026Q1 balance sheet, FUBO carries approximately $2.6 billion in goodwill, which represents a significant portion of its $4.0 billion total asset base, suggesting that the company's valuation is heavily dependent on intangible assets rather than tangible, revenue-generating property or equipment.
The concentration of goodwill warrants further investigation, as it may imply that past acquisitions have not yet yielded the expected operational synergies or cash flow improvements. This asset structure leaves the balance sheet susceptible to impairment risks if the underlying business performance fails to justify the carrying value of these intangible assets.
According to historical balance sheet data, the company's retained earnings have remained deeply negative, consistently hovering around the negative $1.8 billion to $2.0 billion range, which highlights the structural erosion of shareholder equity due to years of persistent operating losses and aggressive growth spending.
The negative retained earnings position suggests that the company has been unable to generate organic capital to fund its operations, necessitating frequent reliance on equity issuance or debt. This trend may indicate that the current business model struggles to achieve the scale required to turn accounting losses into sustainable shareholder value.
As indicated by the sudden jump in total assets to $4.0 billion in 2026Q1 from $1.1 billion in 2024Q4, the balance sheet appears to have undergone significant accounting adjustments that may mask the underlying volatility of the company's core operational health and cash-generating capabilities.
The dramatic expansion of the asset base without a corresponding surge in tangible operational assets suggests that the headline figures may be distorted by non-cash accounting entries or revaluations. Analysts should exercise caution, as these balance sheet shifts do not necessarily reflect an improvement in the company's competitive position or its ability to manage rising content costs.
Quick answers to the most common questions about buying FUBO stock.
As of 2025, fuboTV Inc. (FUBO) had total assets of $4.10B including $982.8M in current assets.
fuboTV Inc. (FUBO) carries total debt of $670.3M, offset by $452.4M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
fuboTV Inc. (FUBO) has total shareholders' equity (book value) of $275.5M ($91.13 book value per share). Book value represents the net worth of the company belonging to common stock holders.
fuboTV Inc. (FUBO) reported a current ratio of 0.84x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.