Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements Of Operations

v3.26.1
Condensed Consolidated Statements Of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue:    
Total revenue $ 711 $ 447
Operating costs and expenses:    
Selling, general and administrative, including stock-based compensation 122 101
Acquisition costs   11
Depreciation and amortization 112 77
Total operating costs and expenses 647 514
Operating income (loss) 64 (67)
Other income (expense):    
Interest expense (68) (48)
Realized and unrealized gains (losses) on financial instruments, net 57 75
Other, net 5 31
Total other income (expense) (6) 58
Earnings (loss) from continuing operations before income taxes 58 (9)
Income tax (expense) benefit (5) 26
Net earnings (loss) from continuing operations 53 17
Net earnings (loss) from discontinued operations   (12)
Net earnings (loss) 53 5
Net earnings (loss) attributable to redeemable noncontrolling interest (4)  
Net earnings (loss) attributable to Liberty stockholders 57 5
Formula One Group    
Other income (expense):    
Net earnings (loss) attributable to Liberty stockholders 57 22
Net earnings (loss) from continuing operations attributable to Liberty stockholders: $ 57 $ 22
Basic net earnings (loss) attributable to Liberty stockholders per common share    
Basic net earnings (loss) from continuing operations attributable to Liberty stockholders per common share $ 0.23 $ 0.09
Diluted net earnings (loss) attributable to Liberty stockholders per common share:    
Diluted net earnings (loss) from continuing operations attributable to Liberty stockholders per common share $ 0.03 $ 0.05
Liberty Live Group    
Other income (expense):    
Net earnings (loss) from continuing operations attributable to Liberty stockholders:   $ (5)
Net earnings (loss) from discontinued operations attributable to Liberty stockholders:   $ (12)
Basic net earnings (loss) attributable to Liberty stockholders per common share    
Basic net earnings (loss) from continuing operations attributable to Liberty stockholders per common share   $ (0.05)
Basic net earnings (loss) from discontinued operations attributable to Liberty stockholders per common share   (0.13)
Diluted net earnings (loss) attributable to Liberty stockholders per common share:    
Diluted net earnings (loss) from continuing operations attributable to Liberty stockholders per common share   (0.05)
Diluted net earnings (loss) from discontinued operations attributable to Liberty stockholders per common share   $ (0.13)
Motorsport    
Revenue:    
Total revenue $ 711 $ 400
Operating costs and expenses:    
Cost of services $ 413 286
Other    
Revenue:    
Total revenue   47
Operating costs and expenses:    
Cost of services   $ 39