Formula One Group (FWONK) Earnings
Formula One Group is expected to report next earnings on August 6, 2026 (in NaN days), with a consensus EPS estimate of $0.30. FWONK has beaten EPS estimates in 7 of its last 12 reported quarters (average surprise -37.6% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $-0.06 | $0.03 | +150.0% | $711M | +4.0% |
| Nov 5, 2025 | $0.42 | $0.24 | -42.9% | $1.1B | -30.3% |
| Aug 7, 2025 | $0.81 | $1.52 | +87.7% | $1.3B | +29.8% |
| Feb 27, 2025 | $0.42 | $-1.03 | -345.2% | $1.2B | -14.4% |
| Feb 28, 2024 | $0.29 | $0.25 | -13.8% | $1.2B | -2.8% |
| Nov 3, 2023 | $0.21 | $0.39 | +85.7% | $887M | -1.5% |
| Aug 4, 2023 | $0.06 | $0.41 | +583.3% | $724M | -2.4% |
| May 5, 2023 | $-0.09 | $-0.58 | -544.4% | $381M | -3.0% |
| Mar 1, 2023 | $0.13 | $1.55 | +1092.3% | $754M | +1.7% |
| Nov 4, 2022 | $0.19 | $0.31 | +63.2% | $715M | -4.2% |
| Aug 5, 2022 | $0.05 | $0.35 | +600.0% | $744M | +8.0% |
| May 6, 2022 | $-0.13 | $-0.15 | -15.4% | $360M | +36.8% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q4 FY2025 · February 26, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
• Derek Chang welcomed Hooper Stevens to the team and highlighted 2025 was productive and successful with delivering on priorities like F1 growth, MotoGP acquisition, and Liberty Live split-off. • MotoGP focused on strengthening foundation, expanding global footprint (e.g., moving Australia race to Adelaide, returning to Brazil, adding Buenos Aires), elevating Grand Prix experience, and unlocking brand value for sponsorship. • F1 had exceptional year with strong growth, engagement, and commercial momentum; renewed partners, signed new ones, extended broadcast deals, successful Las Vegas Grand Prix, and finalized new Concorde Agreement. • Stefano Domenicali discussed F1's 2025 season highlights, 2026 plans with new teams and regulations, growing fan engagement, strong media rights and sponsorship renewals, and various revenue stream growth. • Carmelo Ezpeleta talked about MotoGP's 2025 season, 2026 plans, growing fan base, marketing campaign, social media growth, broadcast and promoter renewals, and race schedule changes.
Guidance
• For F1, expected team payment operating leverage of around 200 basis points in 2026. • MotoGP expects to continue delevering this year. • F1 sees significant upside ahead with ongoing strategy work delivering lasting benefit. • MotoGP looks to build on early progress and drive sport forward with long-term strategic vision.
Segment performance
For F1: Full year 2025 revenue grew 14% and adjusted OIBDA grew 20%. Sponsorship, media rights, race promotion, and other revenue all grew. Fourth quarter had 7 races vs 6 in prior year. Team payments as a percent of pre-team share adjusted OIBDA were 59.7% for full year 2025. For MotoGP: Closed acquisition in July. Pro forma results presented as if transaction occurred Jan 1, 2024. Revenue grew across all primary streams due to 2 additional races and contractual fee increases. Adjusted OIBDA grew driven by higher revenue offset by growth in operating expenses. SG&A expenses were lower. Corporate and Other: Revenue was $414 million, adjusted OIBDA was $5 million.