vs

Side-by-side financial comparison of FuboTV Inc. (FUBO) and WHITE MOUNTAINS INSURANCE GROUP LTD (WTM). Click either name above to swap in a different company.

WHITE MOUNTAINS INSURANCE GROUP LTD is the larger business by last-quarter revenue ($1.6B vs $1.5B, roughly 1.0× FuboTV Inc.). WHITE MOUNTAINS INSURANCE GROUP LTD runs the higher net margin — 52.1% vs -0.4%, a 52.5% gap on every dollar of revenue. On growth, WHITE MOUNTAINS INSURANCE GROUP LTD posted the faster year-over-year revenue change (348.0% vs 249.4%). Over the past eight quarters, FuboTV Inc.'s revenue compounded faster (94.3% CAGR vs 57.4%).

FuboTV, Inc. and its subsidiary FuboTV Media, Inc., which operates as FuboTV or Fubo, is an American over-the-top sports streaming television service that serves customers in Canada, Spain, and the United States. The service focuses primarily on channels that distribute live sports. Depending on the country it is accessed in, channels offered by Fubo include access to the Premier League, NFL, MLB, NBA, NHL, MLS, CPL, and international football, as well as news, network television series, and ...

White Mountains Insurance Group is a diversified insurance and related financial services holding company based in Hamilton, Bermuda. Redomiciled from Delaware, United States, on October 25, 1999, the company conducts most of its business through its insurance subsidiaries and other affiliates.

FUBO vs WTM — Head-to-Head

Bigger by revenue
WTM
WTM
1.0× larger
WTM
$1.6B
$1.5B
FUBO
Growing faster (revenue YoY)
WTM
WTM
+98.6% gap
WTM
348.0%
249.4%
FUBO
Higher net margin
WTM
WTM
52.5% more per $
WTM
52.1%
-0.4%
FUBO
Faster 2-yr revenue CAGR
FUBO
FUBO
Annualised
FUBO
94.3%
57.4%
WTM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FUBO
FUBO
WTM
WTM
Revenue
$1.5B
$1.6B
Net Profit
$-6.0M
$835.8M
Gross Margin
97.1%
Operating Margin
-1.3%
56.2%
Net Margin
-0.4%
52.1%
Revenue YoY
249.4%
348.0%
Net Profit YoY
84.5%
741.0%
EPS (diluted)
$-0.02
$325.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FUBO
FUBO
WTM
WTM
Q4 25
$1.5B
$1.6B
Q3 25
$377.2M
$864.2M
Q2 25
$380.0M
$689.2M
Q1 25
$416.3M
$577.8M
Q4 24
$358.0M
Q3 24
$386.2M
$839.1M
Q2 24
$391.0M
$395.4M
Q1 24
$402.3M
$647.3M
Net Profit
FUBO
FUBO
WTM
WTM
Q4 25
$-6.0M
$835.8M
Q3 25
$-18.9M
$113.8M
Q2 25
$-8.0M
$122.9M
Q1 25
$188.5M
$33.9M
Q4 24
$-130.4M
Q3 24
$-52.4M
$179.0M
Q2 24
$-25.3M
$-54.6M
Q1 24
$-56.0M
$236.4M
Gross Margin
FUBO
FUBO
WTM
WTM
Q4 25
97.1%
Q3 25
93.6%
Q2 25
93.8%
Q1 25
98.7%
Q4 24
97.9%
Q3 24
99.1%
Q2 24
98.2%
Q1 24
98.8%
Operating Margin
FUBO
FUBO
WTM
WTM
Q4 25
-1.3%
56.2%
Q3 25
-5.3%
20.7%
Q2 25
-1.6%
25.6%
Q1 25
-6.1%
12.5%
Q4 24
-33.7%
Q3 24
-15.2%
28.5%
Q2 24
-9.1%
-8.8%
Q1 24
-15.7%
35.9%
Net Margin
FUBO
FUBO
WTM
WTM
Q4 25
-0.4%
52.1%
Q3 25
-5.0%
13.2%
Q2 25
-2.1%
17.8%
Q1 25
45.3%
5.9%
Q4 24
-36.4%
Q3 24
-13.6%
21.3%
Q2 24
-6.5%
-13.8%
Q1 24
-13.9%
36.5%
EPS (diluted)
FUBO
FUBO
WTM
WTM
Q4 25
$-0.02
$325.02
Q3 25
$-0.06
$44.18
Q2 25
$-0.02
$47.75
Q1 25
$0.55
$13.19
Q4 24
$-50.98
Q3 24
$-0.16
$69.68
Q2 24
$-0.08
$-21.24
Q1 24
$-0.19
$92.33

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FUBO
FUBO
WTM
WTM
Cash + ST InvestmentsLiquidity on hand
$452.4M
Total DebtLower is stronger
$837.0M
Stockholders' EquityBook value
$275.5M
$5.4B
Total Assets
$4.1B
$12.3B
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FUBO
FUBO
WTM
WTM
Q4 25
$452.4M
Q3 25
Q2 25
$283.6M
Q1 25
$321.6M
Q4 24
Q3 24
$146.2M
Q2 24
$155.2M
Q1 24
$168.9M
Total Debt
FUBO
FUBO
WTM
WTM
Q4 25
$837.0M
Q3 25
$870.4M
Q2 25
$694.6M
Q1 25
$676.1M
Q4 24
$562.5M
Q3 24
$544.9M
Q2 24
$530.2M
Q1 24
$532.1M
Stockholders' Equity
FUBO
FUBO
WTM
WTM
Q4 25
$275.5M
$5.4B
Q3 25
$915.3M
$4.8B
Q2 25
$400.4M
$4.6B
Q1 25
$389.0M
$4.5B
Q4 24
$4.5B
Q3 24
$905.3M
$4.6B
Q2 24
$254.2M
$4.4B
Q1 24
$236.1M
$4.5B
Total Assets
FUBO
FUBO
WTM
WTM
Q4 25
$4.1B
$12.3B
Q3 25
$1.3B
$12.3B
Q2 25
$1.2B
$11.8B
Q1 25
$1.2B
$11.0B
Q4 24
$9.9B
Q3 24
$1.1B
$10.3B
Q2 24
$1.1B
$10.2B
Q1 24
$1.1B
$9.6B
Debt / Equity
FUBO
FUBO
WTM
WTM
Q4 25
0.15×
Q3 25
0.18×
Q2 25
0.15×
Q1 25
0.15×
Q4 24
0.13×
Q3 24
0.12×
Q2 24
0.12×
Q1 24
0.12×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FUBO
FUBO
WTM
WTM
Operating Cash FlowLast quarter
$-200.3M
$53.9M
Free Cash FlowOCF − Capex
$-200.8M
FCF MarginFCF / Revenue
-13.0%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
0.06×
TTM Free Cash FlowTrailing 4 quarters
$-81.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FUBO
FUBO
WTM
WTM
Q4 25
$-200.3M
$53.9M
Q3 25
$-6.5M
$359.3M
Q2 25
$-34.6M
$177.5M
Q1 25
$161.4M
$-40.2M
Q4 24
$64.1M
Q3 24
$235.0K
$269.4M
Q2 24
$-32.3M
$216.8M
Q1 24
$-67.3M
$36.5M
Free Cash Flow
FUBO
FUBO
WTM
WTM
Q4 25
$-200.8M
Q3 25
$-6.5M
Q2 25
$-35.0M
Q1 25
$161.1M
Q4 24
Q3 24
$-1.3M
Q2 24
$-32.5M
Q1 24
$-67.4M
FCF Margin
FUBO
FUBO
WTM
WTM
Q4 25
-13.0%
Q3 25
-1.7%
Q2 25
-9.2%
Q1 25
38.7%
Q4 24
Q3 24
-0.3%
Q2 24
-8.3%
Q1 24
-16.7%
Capex Intensity
FUBO
FUBO
WTM
WTM
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.1%
Q1 25
0.1%
Q4 24
Q3 24
0.4%
Q2 24
0.1%
Q1 24
0.0%
Cash Conversion
FUBO
FUBO
WTM
WTM
Q4 25
0.06×
Q3 25
3.16×
Q2 25
1.44×
Q1 25
0.86×
-1.19×
Q4 24
Q3 24
1.51×
Q2 24
Q1 24
0.15×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FUBO
FUBO

Related Party$1.2B75%
Subscription And Advertising$377.9M24%

WTM
WTM

Segment breakdown not available.

Related Comparisons