Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2025	Sep. 30, 2025	Sep. 27, 2025
Current assets
Cash and cash equivalents	$ 452,411		$ 0
Prepaid and other current assets	47,191		0
Total current assets	982,824		6,655
Property and equipment, net	5,930		0
Restricted cash	6,148		0
Intangible assets, net	435,736		0
Goodwill	2,614,161		1,296,000
Right-of-use assets	33,782		0
Other non-current assets	16,432		0
Total assets	4,095,013		1,302,655
Current liabilities
Accounts payable	56,089		0
Deferred revenue	94,088		0
Convertible notes, net - current portion	144,765		0
Long-term borrowings - current portion	588		0
Current portion of lease liabilities	2,821		0
Total current liabilities	1,163,725		387,329
Convertible notes, net	234,329		0
Deferred tax liabilities	1,397	$ 0
Lease liabilities	31,021		0
Other long-term liabilities	13,504		0
Total liabilities	1,443,976		387,329
COMMITMENTS AND CONTINGENCIES (Note 13)
Redeemable non-controlling interest	2,375,551		0
Shareholders’ equity:
Additional paid-in capital	281,494		915,326
Accumulated deficit	(5,976)		0
Accumulated other comprehensive loss	(162)		0
Total shareholders’ equity	275,486		915,326
TOTAL LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ EQUITY	4,095,013		1,302,655
Common Class A
Shareholders’ equity:
Class A common stock par value $0.0001: 5,000,000,000 shares and 0 shares authorized at December 31, 2025 and September 27, 2025, respectively; 351,921,075 and 0 shares issued and outstanding at December 31, 2025 and September 27, 2025, respectively	35		0
Common Class B
Shareholders’ equity:
Class A common stock par value $0.0001: 5,000,000,000 shares and 0 shares authorized at December 31, 2025 and September 27, 2025, respectively; 351,921,075 and 0 shares issued and outstanding at December 31, 2025 and September 27, 2025, respectively	95		0
Nonrelated Party
Current assets
Accounts receivable, net	111,279		6,655
Current liabilities
Accrued expenses and other current liabilities	639,601		370,933
Related party
Current assets
Accounts receivable, net	371,943		0
Current liabilities
Related party current liabilities	$ 225,773		$ 16,396

FuboTV Inc. 10-Q