Liberty Media Corp income statement
In fiscal 2025, Liberty Media Corp reported revenue of $4.48bn, up 22.7% on the year before, operating income of $577m (a 12.9% margin) and net income of $555m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.1 | 1.4 | 0.4 | 4.0 | 4.5 | 4.8 | 5.3 | 7.6 | 8.0 | 10.3 | 9.4 | 11.4 | 3.2 | 3.6 | 3.7 | 4.5 | 4.3 |
| Cost of revenue | — | — | — | — | — | — | — | 1.2 | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | 6.4 | — | — | — | — | — | — | — | — | — |
| Selling, general and administrative | 0.5 | 0.2 | 0.2 | 0.8 | 0.9 | 0.9 | 0.9 | 1.1 | 1.2 | 1.8 | 1.8 | 1.9 | 0.4 | 0.7 | 0.4 | 0.5 | 0.5 |
| Operating income | 0.2 | 0.5 | −0.1 | 0.8 | 0.8 | 1.0 | 1.7 | 1.4 | 1.5 | 1.5 | 0.2 | 2.0 | 0.1 | 0.3 | 0.3 | 0.6 | 0.2 |
| Interest expense | 0.1 | 0.0 | 0.0 | 0.1 | 0.3 | 0.3 | 0.4 | 0.6 | 0.6 | 0.7 | 0.6 | 0.6 | 0.7 | 0.8 | 0.2 | 0.2 | 0.3 |
| Income before tax | 0.4 | 0.8 | 1.6 | 8.9 | 0.5 | 0.5 | 1.4 | 0.8 | 1.0 | 0.5 | −1.4 | 0.8 | 0.7 | 0.1 | −0.0 | 0.7 | 0.6 |
| Income tax | −0.6 | 0.2 | 0.5 | −0.1 | 0.1 | 0.2 | 0.5 | −1.1 | 0.2 | 0.2 | −0.0 | 0.0 | −0.2 | 0.0 | 0.0 | 0.1 | 0.2 |
| Net income | 1.0 | 0.8 | 1.4 | 8.8 | 0.2 | 0.1 | 0.7 | 1.4 | 0.5 | 0.1 | −1.4 | 0.4 | 1.8 | 0.8 | −2.1 | 0.6 | 0.4 |
| Diluted EPS | — | — | $3.80 | $24.46 | $0.52 | $0.19 | — | — | — | — | — | — | — | — | — | — | — |
| Diluted shares (average) | — | 352m | 372m | 359m | 345m | 340m | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | 0.3 | 0.6 | −0.0 | 1.1 | 1.2 | 1.3 | 2.1 | 2.2 | 2.4 | 2.5 | 1.3 | 3.0 | 0.6 | 0.7 | 0.6 | 1.0 | 0.6 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 911 | 1,167 | 447 | 1,341 | 1,085 | 1,609 | 711 | 934 |
| Selling, general and administrative | 118 | 111 | 101 | 111 | 140 | 151 | 122 | 129 |
| Operating income | 110 | 23 | −67 | 280 | 158 | −145 | 64 | 88 |
| Interest expense | 62 | 24 | 48 | 49 | 86 | 51 | 68 | 68 |
| Income before tax | 135 | −359 | −9 | 459 | 23 | 506 | 58 | 33 |
| Income tax | 3 | 3 | −26 | 73 | 10 | 132 | 5 | 25 |
| Net income | −2,368 | −357 | 5 | 204 | 13 | 333 | 57 | 5 |
| EBITDA | 198 | 112 | 10 | 360 | 276 | −27 | 176 | 200 |
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